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1787 Massachusetts Penny

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joefoto's Avatar
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 Posted 11/18/2024  10:53 am Show Profile   Bookmark this topic Add joefoto to your friends list Get a Link to this Message Number of Subscribers
Hi, New here and I am interested in some help with coins I inherited. Fist one is a 1787 Massachusetts Penny. I know nothing about condition, Grading etc and need help with appraisal of this coin and a few others. anything you have to offer would be appreciated.

1787-Massachusetts-Penny
Edited by joefoto
11/18/2024 11:19 am
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TimNH's Avatar
United States
416 Posts
 Posted 11/18/2024  11:39 am  Show Profile   Bookmark this reply Add TimNH to your friends list Get a Link to this Reply
Very cool coin! Made before the US mint started up in 1793, the states were still scrambling to get money out there.

I don't know varieties, but you can click through and try to match the variety here - https://www.pcgs.com/coinfacts/cate...official/822

You could also estimate the grade (if not for the hole, that would get a 'details' non-number grade) here - https://www.pcgs.com/photograde#/Ma...setts/Grades

Look forward to seeing what else you got, bet theres some other great stuff in there.
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paralyse's Avatar
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 Posted 11/18/2024  11:45 am  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply


It's a 1787 Massachusetts cent, Ryder 3-G (variety), rated R2-R3 scarcity, and grading about VF20. Nice color and surfaces, but holed.

The hole reduces the value quite a bit since it's not a rare variety. Without the hole it would probably go for $400-$600, but even with the hole, it's a popular early pre-Federal issue and still has some collector value.

Personally, I'd keep it as a family heirloom, but if I had to put a number on it, I'd list it for $75-$100 or thereabouts.
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Coinfrog's Avatar
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 Posted 11/18/2024  12:26 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply


to the CCF!
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nickelsearcher's Avatar
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 Posted 11/18/2024  1:21 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
to the CCF
Take a look at my other hobby ... http://www.jk-dk.art
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Errers and Varietys's Avatar
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 Posted 11/18/2024  10:29 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
To CCF! Pretty cool coin.
Errers and Varietys.
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joefoto's Avatar
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 Posted 11/25/2024  07:45 am  Show Profile   Bookmark this reply Add joefoto to your friends list Get a Link to this Reply
Thanks for the comments. I have a couple of old coins with holes in them. was there a reason for the holes in these coins?
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numismatic student's Avatar
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 Posted 11/25/2024  09:15 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Often they were so that you could place a string through it and wear it as a necklace or bracelet.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
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