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Your Grade Vs. Segs On A 1817 Large Cent

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cipster's Avatar
United States
2362 Posts
 Posted 06/08/2011  4:59 pm Show Profile   Bookmark this topic Add cipster to your friends list Get a Link to this Message Number of Subscribers
I bought this 1817 Cent a while back and it was in a SEGS holder graded as MS62. At the time I ignored the grade thinking it was too generous and adjusted my price offer accordingly. I'm following the 76 Days of Dansco 7070 thread and just pulled this coin as one I might submit to that topic.

I started a separate thread here because this is a grading question - what do you think the grade really is for this coin? I remember reading that some of the early coppers contained a softer composition and wore out very quickly but I thought that only applied to Classic Head cents.

Your comments and grades are appreciated.

Your-Grade-Vs.-Segs-On-A-1817-Large-Cent

Your-Grade-Vs.-Segs-On-A-1817-Large-Cent

Your-Grade-Vs.-Segs-On-A-1817-Large-Cent
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paleoguy45's Avatar
United States
2936 Posts
 Posted 06/08/2011  5:46 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
EF Details (cleaned)... Those are my thoughts. Nice coin though...
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nolawyer's Avatar
United States
763 Posts
 Posted 06/08/2011  7:40 pm  Show Profile   Bookmark this reply Add nolawyer to your friends list Get a Link to this Reply
It looks like a late die state with some of the stars points starting to merge with the rim so it probably is very weakly struck. Is there any luster on it?
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biokemist6's Avatar
United States
12437 Posts
 Posted 06/08/2011  7:53 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
This is a tough coin to judge by scans. The all-important question is how much luster is present?
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cipster's Avatar
United States
2362 Posts
 Posted 06/08/2011  8:06 pm  Show Profile   Bookmark this reply Add cipster to your friends list Get a Link to this Reply
Hi,

Thanks for your responses! I'm a bit surprised about the cleaning comment as I don't see it, but I came to the forum to hear from experts and so thank you for the response. As far as luster - yes - there is luster but I don't know how to quantify that - some luster?
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vermontensium's Avatar
United States
16679 Posts
 Posted 06/08/2011  10:03 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I would also say late die state. The coin looks MS however, a light cleaning at some point in the past may be the case. Color does not appear natural IMO.
Nice coin.
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Jaobler's Avatar
United States
6384 Posts
 Posted 06/08/2011  10:21 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Looks like a good case study for MS vs. Weak Strike. These photos IMO make the coin look circulated. There is extensive die wear (the extended outer star points are obvious) but the high points look worn to about the EF-45 level. The greyish, blotchy color is inconsistent with an original MS coin as well.

Maybe it really is a weakly-struck, late-die-state, cleaned and retoned, mint state example. SEGS tends to over-grade coins compared to the top TPGs and they are also less likely to pick up on defects like cleaning. This coin likely will be valued much lower than an example graded MS-62 BN by PCGS or NGC.

You are right that the Classic series is notorious for softer copper alloy that wore quickly and was subject to corrosion. The matron head cents were made from better coining alloy and held up much better. The dates from 1816-1820 in particular are fairly available in no-problem brown mint state condition, with good strikes.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 06/09/2011  12:36 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I don't think the coin has been cleaned it just looks flat because its a scan so I wouldn't worry about that. I have seen some Classic coins SEGS has graded that I agree with and to be honest I think they are close on this one as well. If the coin still has luster (as much as you would expect from a classic copper coin) then I would agree with their grade, if the luster is broken I think the lowest it would grade is AU-58. Its a very beautiful coin and I think you should be happy with the coin and their grade
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TJsCoins's Avatar
United States
3229 Posts
 Posted 06/10/2011  8:28 pm  Show Profile   Bookmark this reply Add TJsCoins to your friends list Get a Link to this Reply
Sweet coin! I want one that nice!
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busthalf's Avatar
United States
1304 Posts
 Posted 06/11/2011  11:43 pm  Show Profile   Bookmark this reply Add busthalf to your friends list Get a Link to this Reply
I agree good candidate for wear vs stike.
Don't know much on the cleaning.
If there is some luster MS
If there is no luster XF-45
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