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 Replies: 34 / Views: 3,604 |
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Rest in Peace
 United States
5375 Posts |
It looks more circulated than the one I've got IMO, and isn't really an appealing coin.
Though, neither is this one too much once I've got it in hand. I think that might very well be enough reason for a return. But I mean seriously, should I go for sending it to ANACS instead? Can I get $2000 for it?
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Bedrock of the Community
United States
10982 Posts |
Quote:
But I mean seriously, should I go for sending it to ANACS instead? Can I get $2000 for it?
I'd contact the seller and see if you could return after XX number of days if ANACS gives it a big thumbs down (like XF Details - Altered Surfaces/Corroded) or something very negative. Who knows maybe ANACS will slab it XF45 problem free and then you've hit the jackpot and could get $2K for it easy. That's just me though. I'm sure some people would toss it in their 7070 and not worry about it and I'm ALWAYS thinking re-sale value.  |
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Moderator
 United States
16679 Posts |
I agree it's a nice coin but I agree with most. This coin if sent to ANACS, IMO will be returned as XF details corroded. Obviously, there will be a loss on your investment. I don't believe this one will get by any major TPG as problem free. I would try to return the coin. The dealer has every right to say no. Having said that, $2000, that may be wishful thinking. Looking at my CDN, $1,900 in XF. I do believe this coin is XF45 but as stated, environmental damage. swcoin.ecrater.com
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Rest in Peace
United States
5375 Posts |
Yeah I think I'm going to return it because it's just not nice enough for my type set, and I'm unsure about the resale. Thanks guys!
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Valued Member
United States
278 Posts |
So you sold me all those nice dimes for nothing!?!
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Rest in Peace
United States
5375 Posts |
Lol.
I'll find a nice one...
eventually.....
but could take awhile.
I told the dealer that I had been looking for awhile and was really ready to just fill this hole. He asked how long. I said a few months. He said it wasn't enough : (
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Valued Member
United States
278 Posts |
A true collector, your dealer.
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Pillar of the Community
United States
6385 Posts |
FYI, this ANACS-certified 1814 cent is on-sale from JJ Teaparty, for $1150. It's a more common date and is a "problem" coin with corrosion, but it has nice eye appeal, AU detail, and is already certified. A coin like this might adequately fill that hole in the type set at a reasonable price....  |
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Rest in Peace
United States
5375 Posts |
I don't really like the color on that one, but I'll definitely keep that in mind....can't seem to find most for close to that price.
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Pillar of the Community
United States
2602 Posts |
1809 is a key date, and I actually think the price you paid was a good one. I have not yet come across an EF 1809 that was less than $2000, and they tend to have various problems like yours. It is very hard to find problem free large cents in higher grades- and this is a key date, too. I think you did well.
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Bedrock of the Community
United States
12437 Posts |
The Classic Heads consistently have the worst quality for any US produced cent series and the planchet quality on the odd dates (1809, 1811, 1813) seems to be much worse than that of the even dates. One thing to keep in mind for the Classic Head series is that some of the planchets used by the Mint were corroded even before the coin was struck. Many of the planchets were shipped from England in the ballast holds of ships so they occasionally came in contact with salt water for the trip across the pond. Also, they were produced during the era of the War of 1812 so that created another set of problems with the quality of copper supplies. If you are looking for a nice type example, an even date would be the way to go since the pickings are much better.
With that said, the original coin appears to be a decent example of a tough date. Sure, you could wait and look for that "perfect" specimen but it could take years and the value could go up hundreds of dollars in the mean time.
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Rest in Peace
United States
5375 Posts |
Sent it back, it was just too much money for a type coin, but I also thought it was a decent coin for the money.
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Rest in Peace
United States
4849 Posts |
I would have kept it, but that's just me. That one is on my "need" list for XF+ Dansco set, I would have been honored to have that coin in my set.
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Rest in Peace
United States
5375 Posts |
I was just really unsure, and when you're unsure about something $1500 (especially when you're only 20 years old) I find it best to err on the side of getting my money back.
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Pillar of the Community
United States
532 Posts |
I am always hot for large cents. Being a collector I love them all but with that pricetag I do feel you did the right thing.
So hard to let something go from your collection once it has been introduced. Even if it has only been a few days. What you probably avoided is 6 months down the road having it bother you and you would eventually seek out yet another one. Even two at a bargain is not as good as getting what you were looking for in the first place. A showpiece coin of its type.
Painful to remove it from your collection but come even just 1 year from now I very much doubt you will regret not keeping it.
-JMO
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Replies: 34 / Views: 3,604 |
First Page
Posted 06/21/2009 01:16 am
