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What Should I Look For In A Flying Eagle Cent?

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lorax's Avatar
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 Posted 09/06/2011  8:04 pm Show Profile   Bookmark this topic Add lorax to your friends list Get a Link to this Message Number of Subscribers
I'm considering buying a Flying Eagle cent, not TPG graded, low AU, one of the lower priced years (I'm guessing 1857), I hope that I don't have to worry about counterfeits at this price/grade/rarity. I'm not sure what to expect on price though. I've looked at the prices on numismedia and that seems to set an upper limit. What do you think would be a good price to pay?
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beaglebailey's Avatar
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 Posted 09/06/2011  8:43 pm  Show Profile   Bookmark this reply Add beaglebailey to your friends list Get a Link to this Reply
FE are notorious for being weakly struck even in uncirculated grades. This is most noticeable in the eagle's head and tail feathers. Obviously weakly struck FE are going to be cheaper than fully struck ones. On ebay low AU sold for anywhere from $115-$180 for raw coins
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vermontensium's Avatar
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 Posted 09/06/2011  8:49 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
CDN ask is $145
I would expect $155-180 range.
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DavidZerbato's Avatar
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 Posted 09/06/2011  8:52 pm  Show Profile   Bookmark this reply Add DavidZerbato to your friends list Get a Link to this Reply
Agreed, look for a good strike with good tail and head detail. As for price of a raw coin, look for between $120 - $200. Keep an eye for cleaned coins. I've seen many, many FEs on ebay that have been cleaned. If the color is a light tan, I would avoid it. That usually means an old cleaning. Obviously keep an eye for the normal hair lines, lack of luster, wrong color etc.
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vermontensium's Avatar
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 Posted 09/06/2011  9:04 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
You are looking for an AU but here is a nice looking XF+ (from what I can tell) . Price is fairly resonable. Never dealt with these folks.

http://www.collect1.coinsandstamps....ts/ic008.htm
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Edited by vermontensium
09/06/2011 9:05 pm
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lorax's Avatar
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 Posted 09/06/2011  9:06 pm  Show Profile   Bookmark this reply Add lorax to your friends list Get a Link to this Reply
Thanks to all three of you, those are very helpful answers. The leaves on the back (oak I think) sometimes I see veins on the leaves and sometimes I don't. Is that an indication of wear or just another area that is weakly struck?
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DavidZerbato's Avatar
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 Posted 09/06/2011  9:06 pm  Show Profile   Bookmark this reply Add DavidZerbato to your friends list Get a Link to this Reply
I would almost call that AU50, but with weakness in the head. Otherwise a very nice coin.
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lorax's Avatar
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 Posted 09/06/2011  9:08 pm  Show Profile   Bookmark this reply Add lorax to your friends list Get a Link to this Reply
And when I said "all three" I didn't mean to exclude vermontensium, his post snuck in between when I started replying and when I posted. I agree, that is a nice coin, maybe a well struck XF+ would be better than a poorly struck AU.
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vermontensium's Avatar
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 Posted 09/06/2011  9:09 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 know David, that's what I was thinking, very nice looking coin.
lorax, this particular seller has 5 that he calls XF, each is $120. He has 1 AU but I think the "XF" has better eye appeal personally.
The above coin is by far the nicest "XF" he has ;-)

Update: He has several he calls XF's, they are out of grade order? Here is one he calls XF. Appears cleaned for same price, $120 :-O
http://www.collect1.coinsandstamps....ts/ic011.htm
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Edited by vermontensium
09/06/2011 9:14 pm
Valued Member
lorax's Avatar
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162 Posts
 Posted 09/06/2011  9:27 pm  Show Profile   Bookmark this reply Add lorax to your friends list Get a Link to this Reply

Quote:
Update: He has several he calls XF's, they are out of grade order? Here is one he calls XF. Appears cleaned for same price, $120 :-O

Oh, free cleaning :)

What is the tip off that it has been cleaned? is it just the color for the amount of wear or something else?

I'll send them an email. I wish I could find out a bit more about them but there doesn't seem to be a lot about them online.
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 Posted 09/07/2011  11:36 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Almost all 1857's or 58's would be in the $200+ range in the grade your looking for. If you can, try for the 1856 in AU. BUT, would cost a little more.
At coin shows the 57 and 58's are really common in EF grades.
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DVCollector's Avatar
United States
10045 Posts
 Posted 09/07/2011  1:48 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
You might luck out and find a slabbed AU for around $150.
A few years back, when the economy was better, I bought an NGCAU55 for $145.
And, it was a scarcer variety--the obverse of 1856. Take your time, find a good one!
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lorax's Avatar
United States
162 Posts
 Posted 09/25/2011  10:04 pm  Show Profile   Bookmark this reply Add lorax to your friends list Get a Link to this Reply
Thanks again for everyone's input. I did get the one that vermontensium suggested. It is up on the grading forum if you want to see it.
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