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* 1854 $3 * 1787 NJ Cent * Help *

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New Member

Canada
2 Posts
 Posted 03/16/2009  3:19 pm Show Profile   Bookmark this topic Add Johnson1000 to your friends list Get a Link to this Message Number of Subscribers
How much can I expect if sold to a dealer or ebay perhaps.

Any ideas of value and grading would be appreciated.....Thanks

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*-1854-$3-*-1787-NJ-Cent-*-Help-*
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*-1854-$3-*-1787-NJ-Cent-*-Help-*
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*-1854-$3-*-1787-NJ-Cent-*-Help-*
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*-1854-$3-*-1787-NJ-Cent-*-Help-*

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EgCollector's Avatar
Egypt
3470 Posts
 Posted 03/16/2009  6:20 pm  Show Profile   Bookmark this reply Add EgCollector to your friends list Get a Link to this Reply
Very nice, and to CCF
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coinguybrian's Avatar
United States
5375 Posts
 Posted 03/16/2009  8:10 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Don't take my word for it because I'm mostly a silver coin collector, but does anyone else think that the NJ cent looks cast?
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manila galleon trade's Avatar
Spain
1361 Posts
 Posted 03/16/2009  8:13 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list Get a Link to this Reply
nice coins
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echizento's Avatar
United States
23731 Posts
 Posted 03/16/2009  8:35 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
, I also think the New Jersey token is a cast copy.
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Conder101's Avatar
United States
17884 Posts
 Posted 03/17/2009  10:49 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I have my doubts about the NJ as well.
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biokemist6's Avatar
United States
12437 Posts
 Posted 03/17/2009  11:31 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
The New Jersey copper has a very crude look about it and 1854 is one of the most heavily counterfeited years for $3 gold coins. Many of the best fakes are even made of 90% gold, the coin would contain about $130 worth of gold but the numismatic value exceeds $1000. Only someone familiar with $3 gold coins would be able to authenticate it(not every dealer has that level of knowledge) but I have doubts that either coin is genuine.
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wwhitman's Avatar
United States
1415 Posts
 Posted 03/17/2009  11:36 am  Show Profile   Bookmark this reply Add wwhitman to your friends list Get a Link to this Reply
to CCF.
I would suggest that you get them both slabbed.
The value of these would definitely be worth the investment.
New Member
Canada
2 Posts
 Posted 03/18/2009  08:34 am  Show Profile   Bookmark this reply Add Johnson1000 to your friends list Get a Link to this Reply
.

Had two dealers look at the coins.....according to them, both are real.

Offers of $50 for NJ and $600 for the $3

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Edited by Johnson1000
03/18/2009 08:35 am
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Jaobler's Avatar
United States
6381 Posts
 Posted 03/18/2009  12:39 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Hello Johnson, welcome aboard!

I would estimate the $3 coin would grade Extremely Fine 45 (EF45) or so. The reverse details look unusually mushy to me which might raise a red flag. This date is normally pretty well struck. Despite what your dealers think this could could still be a deceptive counterfeit. The $600 offer is low but possibly fair since the dealer would be taking a chance. I bet you could get at least $1000 on ebay if this coin were slabbed by one of the major grading services (PCGS, ANACS, or NGC). ANACS would be your best choice since you don't need to pay a membership fee to submit coins. The higher price potential for a slabbed coin is well worth the grading fee. Of course, they may determine it is a fake after all.

I don't know NJ coppers but I agree with the other posters that the coin looks odd. I guess it's either a cast fake, or a corroded and cleaned example with about Fine detail. ANACS would grade this one also if it's genuine, even with a corrosion problem. The $50 offer is actually pretty fair for a corroded, genuine coin.
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Conder101's Avatar
United States
17884 Posts
 Posted 03/18/2009  3:15 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Is the dealer who said the NJ was good a specialist in copper or colonials? Most dealers knowledge of colonials is like most dealers knowledge on error coins, they don't have a clue.
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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 03/18/2009  11:25 pm  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
I am definitely not an expert, but the $3 looks pretty good to me, and I immediately thought the NJ copper was cast. Of course, this is IMO, and I have been wrong a lot!
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Elimist's Avatar
United States
632 Posts
 Posted 03/19/2009  12:09 am  Show Profile   Bookmark this reply Add Elimist to your friends list Get a Link to this Reply
Heres one suggestion.

If you just want to know if it's authentic or not, then send it to ANACS. I think it will be cheaper than sending it to some other TPG, and ANACS will 100% determine whether or not the coin is authentic.

If you want to sell it, send it to PCGS. They will not only determine its authenticity, but a PCGS slab commonly commands a higher price.
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wd1040's Avatar
United States
3098 Posts
 Posted 03/19/2009  12:16 am  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
Why does the A in dollars and 5 in the date beneath it look weak?
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