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Am I An Idiot For Buying This Coin? Flying Eagle 1857

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BuffalosRock's Avatar
United States
500 Posts
 Posted 08/25/2011  10:52 pm Show Profile   Bookmark this topic Add BuffalosRock to your friends list Get a Link to this Message Number of Subscribers
I have a soft spot for true red pennies and this one APPEARS to be the best I've ever seen. Too good really which is why I am nervous. The color and lack of issues? I paid hundreds but it looks like it'd be worth thousands if it isn't majorly cleaned and colored!

Any comments?

Am-I-An-Idiot-For-Buying-This-Coin?--Flying-Eagle-1857

Am-I-An-Idiot-For-Buying-This-Coin?--Flying-Eagle-1857
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VisigothKing's Avatar
United States
4778 Posts
 Posted 08/25/2011  10:59 pm  Show Profile   Bookmark this reply Add VisigothKing to your friends list Get a Link to this Reply
idk.... kinda has that dipped then re-toned look to it. Could just be the lighting though....
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 08/25/2011  11:09 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
It might be the lighting but the surfaces do not seem to be original.
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DavidZerbato's Avatar
United States
1081 Posts
 Posted 08/25/2011  11:11 pm  Show Profile   Bookmark this reply Add DavidZerbato to your friends list Get a Link to this Reply
The color is off, those were made of CuNi and don't grade as "Red" or "Red Brown." This one looks like AU-MS details, but probably dipped, although the lighting is not helping at all. When you get it, post some pics and we can probably help further.
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Penny4Me's Avatar
United States
745 Posts
 Posted 08/25/2011  11:34 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list Get a Link to this Reply
hope they have a 7 day return policy or I hope I look that good at 150 years
Edited by Penny4Me
08/25/2011 11:38 pm
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ErrorCoins222's Avatar
United States
1699 Posts
 Posted 08/25/2011  11:47 pm  Show Profile   Bookmark this reply Add ErrorCoins222 to your friends list Get a Link to this Reply
Those don't look like original surfaces to me.
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ExoGuy's Avatar
United States
4416 Posts
 Posted 08/26/2011  12:38 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Looks AU+ and artificially colored to this old collector. While the lighting could be blamed for that, the fields are suspiciously granular for a coin that saw relatively little circulation. I doubt that it could be certified beyond genuine.
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Saruma's Avatar
United States
968 Posts
 Posted 08/26/2011  12:57 am  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
Since others have brought up the likely cleaning/dipping, my biggest worry is that the color may be off. It looks like that picture was either taken under incandescent light or has a filter on it that is enhancing the coloration (either on the camera or possibly through photoshop). You can tell because the clear holder has a yellowish tone to it. I'm actually fond of FEC's and early IHC's because I like the whitish tone those coins have since it is so different from the cents that came before and after it. My gut feeling is that when the coin arrives it will be a noticeably lighter tone than what you think.
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BuffalosRock's Avatar
United States
500 Posts
 Posted 08/26/2011  01:01 am  Show Profile   Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
I don't see how it can be considered AU as it shows absolutely no wear at all anywhere. There are 3 marks on the reverse that would prevent it from being considered gem - I'd guess. But the color and fields are what troubles me - not the details. I'll see what it looks like in person when it arrives.

I know some of you are saying maybe it NETS AU due to the questions, but the details are definitely HIGH MS.

I know that FE's aren't labelled RD, RB, BN like IHC and LP but they still exhibit many of the same variances in color.
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merclover's Avatar
United States
10635 Posts
 Posted 08/26/2011  03:25 am  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
OK, I am just going to come out and say it... it is a beautiful coin, but how do you know for certain that it's real?

Les
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thecoinczar's Avatar
United States
455 Posts
 Posted 08/26/2011  03:40 am  Show Profile   Bookmark this reply Add thecoinczar to your friends list Get a Link to this Reply
I agree with Saruma. The FECs have a different toe to them than the other cents. It is lighter than the other cents and is almost brassy looking at times. I hope it turns out good when you get it because it looks too good to be true. I agree also that the coin looks too granular to be a truly uncirculated piece, but that could be the lighting. Good luck.
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murrellington's Avatar
United States
3276 Posts
 Posted 08/26/2011  03:56 am  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
Where did you purchase it? ebay, craigslist, etc... Beautiful details. but for me as well as others, the first thing that came to mind is that the surfaces are not original.
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Bizybackson's Avatar
United States
1817 Posts
 Posted 08/26/2011  04:22 am  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Hope you didn't spend a great deal on this FEC, I am not so sure about the recoloring, as the photo looks like uncorrected incandescent light. However, the stopper for me is the porosity on the obverse (albeit very light), and three digs around the one cent area, which looks like damage rather than porosity. Nice coin, but I would've passed on it due to the damaged reverse and the possible recolored surfaces.
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robbudo's Avatar
United States
2757 Posts
 Posted 08/26/2011  07:29 am  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
As someone mentioned, copper-nickel cents are not and cannot be graded 'red', 'red brown', or 'brown'. sorry but return it if you can!
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 08/26/2011  08:34 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
Irregardless of the colr and originality of the surfaces I don't think it makes MS. Only an in hand inspection will tell for sure.
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paleoguy45's Avatar
United States
2936 Posts
 Posted 08/26/2011  09:04 am  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
I pulled out my 7070 and shot the obverse of my FEC to show color differences with the 63 IHC. The FEC is much lighter than the CuNi mixture used later on. There's definitely a "whiteish" component to the FEC. Hope this helps.

Am-I-An-Idiot-For-Buying-This-Coin?--Flying-Eagle-1857
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