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1858 Large Logo Cent Should Have Left This One In The 1/2 Off Box-Yes? Paid 30

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shantiom's Avatar
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 Posted 11/12/2023  9:22 pm Show Profile   Bookmark this topic Add shantiom to your friends list Get a Link to this Message Number of Subscribers
I never owned one and thought the strike on the bird was nice, but then at home taking photos, I saw all the dings.

1858-Large-Logo-Cent-Should-Have-Left-This-One-In-The-1/2-Off-Box-Yes?-Paid-30
1858-Large-Logo-Cent-Should-Have-Left-This-One-In-The-1/2-Off-Box-Yes?-Paid-30
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/12/2023  9:46 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Moth-eaten specimen, not a fan at any price.
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Errers and Varietys's Avatar
United States
74346 Posts
 Posted 11/12/2023  11:11 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
I'll go with VF Details. In my opinion, I would have pass on this one.
Errers and Varietys.
Edited by Errers and Varietys
11/12/2023 11:12 pm
Valued Member
United States
485 Posts
 Posted 11/12/2023  11:12 pm  Show Profile   Bookmark this reply Add CoinEnthusiast to your friends list Get a Link to this Reply
Details-wise, you're talking about a coin that is probably in the VF range. Of course, the pitting and damage are so severe that the coin's not going to be worth anywhere near VF money. I personally think that $30 was an overpay. Just being honest, I think that a dealer would likely pay about $5 for a coin like that. Whenever I first started collecting, I often made the same mistake of overpaying for coins that were so severely damaged that they were little more than "hole fillers."

Unless you're just going for a cheap type set, I would recommend that you look for one of two things in your future purchases (while remaining budget-conscious): 1. Seek out coins that are in lower grades (AG-F), but that have no damage, cleaning, corrosion, etc. 2. If you're looking for a more well-detailed coin (VF-MS), but don't want to spend the money for a problem-free example, take your time in finding a well-detailed example that has only a minor problem. For instance, there's no issue with having a lightly cleaned Half Dollar or slightly porous Large Cent. They can still be eye appealing coins that you look fondly upon. With a coin like this 1858 Flying Eagle cent, the issues are so severe that I think you'll always look at the coin and regret buying it. It just isn't an attractive example. Just my Two Cents.
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John1's Avatar
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56855 Posts
 Posted 11/13/2023  03:52 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I would have offered him $7 tops.
John1
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panzaldi's Avatar
United States
18670 Posts
 Posted 11/13/2023  08:36 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
some good comments by CoinEnthusiast. the coin looks like a dug coin. a typical circulated coin just doesn't look like this. I'm not sure the coin would actually receive a grade. most likely a code 98 damaged
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shantiom's Avatar
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522 Posts
 Posted 11/13/2023  09:08 am  Show Profile   Bookmark this reply Add shantiom to your friends list Get a Link to this Reply
Sometimes the education is at the price of purchases not fully thought out. Thanks for all the comments on coin purchases @coinenthusiast and all others here.
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IndianGoldEagle's Avatar
United States
36770 Posts
 Posted 11/13/2023  9:34 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
VF details, environmental damage.
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United States
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 Posted 11/17/2023  1:04 pm  Show Profile   Bookmark this reply Add Blastenpene4 to your friends list Get a Link to this Reply
BTW, just for the record, I believe that's a small letters variety, not large letters.
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