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 Replies: 13 / Views: 1,429 |
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Valued Member
United States
416 Posts |
So I "need" one of these and had this on my radar, thought it would be in my ballpark for price. PCGS lists $8K for a straight graded AG3, so I thought it would go for 4-5K with the details grade. Wrong! $10.5K including the fee. Any ideas, is this a rare variety or something? https://www.greatcollections.com/Co...e-AG-Details |
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Bedrock of the Community
United States
11880 Posts |
Yes, this is rarer than the chain cent. Strange that you collect these but aren't aware of the rarity of this issue.
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." My coin website: https://fairfaxcoins.com |
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Pillar of the Community
 United States
5661 Posts |
Perhaps because it looks better than AG. I would have thought a solid G details, and very attractive other than the gash.
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Pillar of the Community
United States
3848 Posts |
I like your eye! Decently smooth surfaces with the defect on the reverse. Clear circulation cameo and even brown color makes this example attractive. Here is a reasonable comp for $4,800, so $4-5k would be within reason. https://auctions.stacksbowers.com/l...cratched-ngcBut this is indeed a rare die marriage, S-12 R-6-. There are plenty of active die marriage collectors which drive auctions up. That would clearly explain the 2x premium. Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
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Pillar of the Community
United States
3848 Posts |
Great Collections formats the "turn and burn" auction style which strive for product turnover rather than thorough numismatic cataloging. Cherrypicking an overlooked rarity is not unusual on GC.
I'm not bashing GC, there is a time and a place for that auction style.
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
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Pillar of the Community
Germany
1849 Posts |
Most every EAC collector wants a '93 Cap. That explains the price. Similar to the 1794 "Starred Reverse" S-48.
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Valued Member
 United States
416 Posts |
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But this is indeed a rare die marriage, S-12 R-6-. There are plenty of active die marriage collectors which drive auctions up. That would clearly explain the 2x premium. Many thanks for that, as the variety isn't attributed on the PCGS slab. Nonetheless, I fail to see where S-12 makes it more expensive. The PCGS price guide in fact shows it to be the lowest cost, at least in AG3. The comp you sent above at $4800 is a coin I watched closely and almost pulled the trigger, so that is exactly what I had in mind for pricing. Tough game, this one. |
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Pillar of the Community
United States
3848 Posts |
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Nonetheless, I fail to see where S-12 makes it more expensive. Rarity 6 on the sheldon scale is 13-30 examples known. That's true rarity right there! We already established that a generic liberty cap at the grade level would be a $5,000 coin. Here are a couple auction comps that show that a R-6 has premium, nearly 2x. A rare die marriage may not exactly appeal to you as a type enthusiast, but it may be years before the die marriage collectors see another S-12 R-6 in auction. https://auctions.stacksbowers.com/l...scratch-pcgshttps://coins.ha.com/itm/large-cent...ption-071515PCGS price guide falls short in providing accurate values regarding rare die marriage and die state issues. Commonly sold coins can be accurately priced since there are a quantity of auction records, but a coin that has 6 graded by PCGS with all in mid to low circulated grades will have a generally inaccurate associated price guide. Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
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Pillar of the Community
United States
9792 Posts |
"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/140440Edited by westcoin
06/18/2025 12:09 am
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Valued Member
United States
416 Posts |
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PCGS price guide falls short in providing accurate values regarding rare die marriage and die state issues. Extremely helpful, agree actual 'sold' prices are the way to go, and strange PCGS would have it so wrong for such an important coin. Here are my other two 1793 cents, they are getting impatient waiting for their final sibling    |
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Pillar of the Community
United States
3848 Posts |
Very neat TimNH! I am sure you'll find a perfect match. Keep on the search!!
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
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Moderator
 United States
187702 Posts |
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Here are my other two 1793 cents, they are getting impatient waiting for their final sibling Very nice!  |
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Bedrock of the Community
United States
17884 Posts |
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We already established that a generic liberty cap at the grade level would be a $5,000 coin. Here are a couple auction comps that show that a R-6 has premium, nearly 2x. A rare die marriage may not exactly appeal to you as a type enthusiast, but it may be years before the die marriage collectors see another S-12 R-6 in auction. A "generic" Liberty cap would be the S-13 about an R4- 150 to 200 known. That is the most COMMON liberty cap. There are 6 varieties with 3 of them being VERY rare. Then on the demand side you have you have maybe 500 EACers with a couple hundred of them being VERY serious and wanting all five of the S numbered varieties. There clearly aren't enough to go around. Then there are all the OTHER collectors that just want a Liberty cap for the type Now you are talking several THOUSAND with probably at least a couple thousand serious ones. (Fortunately most of there folks want a "nice" one and as a rule they don't come "nice".) This makes owning one in any condition a treasure. |
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New Member
United States
18 Posts |
I wonder how many sets of all three 1793 large cent are out there.
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Replies: 13 / Views: 1,429 |
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Posted 06/16/2025 12:48 pm
