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07-08-2008, 12:27 AM
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#1 (permalink)
| | Coin Hoarder
Join Date: Apr 2006 Location: Indiana, USA
Posts: 773
My Mood: | 1799 Large Cent for sale on ebay http://cgi.ebay.com/ws/eBayISAPI.dll...m=130235357152
A rare coin indeed but the seller is crazy if he thinks he's going to get 75,000 bucks for it!
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"A desperate disease requires a dangerous remedy." ~Guy Fawkes~
"If Antarctica ever mints a coin I think it should have a Penguin on it." ~gopher29~
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07-08-2008, 01:14 AM
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#2 (permalink)
| | Numismatist In Training
Join Date: Dec 2007 Location: Colorado Springs, CO
Posts: 5,027
My Mood: |
Hey, it's worth a shot! The 1799 Large Cent Grey Sheets at $37,500 in XF. But that coin is severely corroded with only "XF Details". I don't know how much to bump it down because of the corrosion but I would think at least a couple of grades. The coin Grey Sheets at $7,400 in F (about 10% of his opening bid).
__________________ No state shall emit bills of credit, make any thing but gold and silver coin a tender in payment of debts, coin money . . . - US Constitution, Article 1, Section 10 ANA LM-3799; OHNS LM-59; SUSCC R-4005. All coins stored in bank safe deposit box. |
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07-08-2008, 09:04 AM
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#3 (permalink)
| | doggone it people like me
Join Date: Jul 2006
Posts: 3,807
My Mood: | Quote:
Originally Posted by Hobo I don't know how much to bump it down because of the corrosion but I would think at least a couple of grades. | I don't know either, but my guess is it would wind up around EAC 15, maybe 20.
There are some strong Early Copper guys runnin' around here. Maybe they'll throw in a better EAC grade estimate.
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07-08-2008, 10:19 AM
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#4 (permalink)
| | You get what you pay for.
Join Date: Feb 2006 Location: Nebraska/Iowa
Posts: 4,770
My Mood: |
I'd say that coin might go for upwards of 10,000 to the right person, but this guy has already out priced all potential bidders
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07-08-2008, 02:06 PM
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#5 (permalink)
| | Numismatist
Join Date: Jul 2005
Posts: 6,197
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Personally I think Shawn Yancey has better coins and no where near the cost. I think 10k might be right. Then again I think all of the sellers coins are expensive.
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the other mark Best Baan Community
Empty airtite seeks unwanted coins. All sizes welcome.
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07-08-2008, 02:13 PM
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#6 (permalink)
| | Urinist
Join Date: Mar 2008 Location: Arkansas
Posts: 6,572
My Mood: |
When I see ones over priced like that one, I think it's just someone showing off their coin. The 1799 is extremely hard to find and to actually own one, is something to be proud of.
If I had one, I'd be posting it here but maybe the seller doesn't know about us so he used Ebay to show it off? Because at that price, it's not going anywhere any time soon.
Ribbit |
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07-09-2008, 02:30 AM
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#7 (permalink)
| | Supporter**
Join Date: May 2008
Posts: 1,931
My Mood: | Quote:
Originally Posted by mark_h Personally I think Shawn Yancey has better coins and no where near the cost. I think 10k might be right. Then again I think all of the sellers coins are expensive. |
Mark,
Who is Shawn Yancey? And does he have a website?
Thanks,
Harry
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07-08-2008, 02:28 PM
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#8 (permalink)
| | Coin Hoarder
Join Date: Apr 2006 Location: Indiana, USA
Posts: 773
My Mood: |
I wonder if that coin is a metal detector find. Does it not resemble something that spent quite a few years in the ground?
__________________
"A desperate disease requires a dangerous remedy." ~Guy Fawkes~
"If Antarctica ever mints a coin I think it should have a Penguin on it." ~gopher29~
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07-08-2008, 02:35 PM
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#9 (permalink)
| | Supporter**
Join Date: Jul 2004 Location: Jefferson City, Tennessee
Posts: 3,008
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Talking about being overpriced!! The Seller even has the 1799 priced 5 to 8 times higher than the two 1793's he or she has up for auction. 
Frank
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07-08-2008, 09:46 PM
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#10 (permalink)
| | What Goes Around Comes A
Join Date: Apr 2008 Location: Chicago
Posts: 5,449
My Mood: |
Do most early coppers look like that ? What makes it like that ? The impurity of the copper or being in the ground ?
rzage
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Get you:John Lennon
ANA member
#R3146234
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07-08-2008, 10:00 PM
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#11 (permalink)
| | Member
Join Date: Jun 2008 Location: Niagara Falls, NY
Posts: 71
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I couldn't find a recent 1799 XF details in the Heritage Archives, but it seems this coin would sell for around $10,000 depending on the variety.
If it was less corroded it might go for $20,000 , but the corrosion is severe.
It would depend completely on how many people are looking for the coin at one particular time.
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Early Rare Coins
Specializing in Bust, Seated, and Barber material.
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07-09-2008, 10:00 PM
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#12 (permalink)
| | Numismatist
Join Date: Jul 2005
Posts: 6,197
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I just assumed everybody knew who Shawn Yancey is - EarlyCopperCoins.com.  I look at his web site all the time. Usually he has the rare varieties and he always has some that I want.
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the other mark Best Baan Community
Empty airtite seeks unwanted coins. All sizes welcome.
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07-09-2008, 11:45 PM
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#13 (permalink)
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Join Date: Feb 2008
Posts: 1,459
My Mood: |
Shawn Yancey is a reputable seller and I have bought from him with no problems.
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