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Grading - Decoding The Information On A Grellman Tag

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nickelsearcher's Avatar
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 Posted 02/03/2024  7:55 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
This is a great thread filled with lots of new knowledge for me - thank you all for contributing.
Take a look at my other hobby ... http://www.jk-dk.art
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Spence's Avatar
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 Posted 02/03/2024  9:49 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
I agree--this is an awesome thread!
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westcoin's Avatar
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 Posted 02/03/2024  10:31 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Great looking large cent, I'm at AU55++

Here are the two CVM sales with photos from 2006 I have with plates of the coins, first up was early in 2006, the Evan L. Kopald Collection fixed price list.

Grading---Decoding-The-Information-On-A-Grellman-Tag

Send was also early 2006 EAC Auction Lot 469 another 1852 N3 in MS60 it realized a sale price of $240.00

Grading---Decoding-The-Information-On-A-Grellman-Tag

Neither coin appear to be a match to yours Blastenpene4. Oh well nothing more I can do but it's always fun trying to match a plate with a coin. I've found a few out there. One give away on yours beyond the hit on the cheek is the rim on the reverse, note how it raises up like a railroad track at the top around 11:00 through 5:00 helps in seeing against the poor printed images found in catalogs from that era.
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ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

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Edited by westcoin
02/03/2024 10:37 pm
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 Posted 02/04/2024  11:21 am  Show Profile   Bookmark this reply Add Blastenpene4 to your friends list Get a Link to this Reply
It's a pretty coin, but seems to me to be overpriced. PCGS shows a 55+ in the $190 range. Does the Grellman card enhance the value of a coin like this?
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 Posted 02/04/2024  11:33 am  Show Profile   Bookmark this reply Add Blastenpene4 to your friends list Get a Link to this Reply
Just for fun, here's another coin - same year, same dealer. Lower grade (slightly), but a prettier coin (shame about that cheek hit). Price is $275 for this one - again, seems a bit on the high side. Messing with trying to figure out his 10-letter word for price code.
Grading---Decoding-The-Information-On-A-Grellman-Tag
Grading---Decoding-The-Information-On-A-Grellman-Tag
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 Posted 02/04/2024  2:52 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Tr red = trace red (original mint color remaining)

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westcoin's Avatar
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 Posted 02/04/2024  5:57 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Really nice second 1852, I did not find this one in any of my CVM sale catalogs.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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 Posted 02/04/2024  6:06 pm  Show Profile   Bookmark this reply Add Blastenpene4 to your friends list Get a Link to this Reply
What do you think about the ask prices?
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 Posted 02/08/2024  09:03 am  Show Profile   Bookmark this reply Add Blastenpene4 to your friends list Get a Link to this Reply
Still looking for an answer as to whether the Grellman tags appreciably increase the value of coins. These are nice coins, but seem expensive for the grade. Thanks
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westcoin's Avatar
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 Posted 02/09/2024  1:13 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
I think Grellman tags to a knowledgeable collector of large cents would pay a bit more, likely just agree with his grading, as he is the gold standard on the varieties and grading of the late date cents for sure. How much of a premium I do not know. I'd say 10-20% as a guess.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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paralyse's Avatar
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 Posted 02/09/2024  1:36 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Would agree that Grellman cards add a small measure of value, but so does any provenance with early copper. That's why many in EAC are fastidious when it comes to retaining original envelopes, tracking purchase dates and previous owners, etc. when possible.

Nice early copper will always bring a premium in and of itself from early copper enthusiasts, sometimes many multiples above price guide values, especially for scarcer varieties. Finding choice examples can be a very time consuming process for high rarity coins - many are "off market" and if they do appear there is usually quite a bit of competition from copper enthusiasts. So I would posit that the reason the coins are expensive for the grade is that they are "nice coins" as you stated. (Also, EAC grade and TPG grade don't align in many cases, so if you're looking at a Grellman net 35 large cent and thinking "man, that's a lot of money for a 35", you might should be comparing it to a TPG XF45-AU50 coin instead when pricing.)

Same thing with Eagle Eye Photo Seal for graded Flying Eagle & Indian Head varieties. If Mr. Snow has verified the attribution and especially if he's given the coin a high PDS score, this adds more to the value for collectors who specialize in the series; but a random collector who just likes a particular coin that happens to have an Eagle Eye sticker and doesn't know what it means might not be willing to pay a premium if they can find a similarly nice coin for less money at some other dealer.
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 Posted 02/09/2024  4:36 pm  Show Profile   Bookmark this reply Add Blastenpene4 to your friends list Get a Link to this Reply
Thanks, gentlemen, that answers my question nicely. Good food for thought.
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