Net Grading a ''Problem" large Cent

Discussion in 'Coin Chat' started by Eduard, Jul 21, 2009.

  1. HandsomeToad

    HandsomeToad Urinist

    Nope! :eek: Here's Husak's:

    [​IMG]


    By what I see, the one Doug posted is an early die state so the die was fairly new when it stamped out that coin but future examples weren't so lucky. :goofer:

    Ribbit :)

    Ps: Doug should be keel hauled for posting the one he posted. :D
     
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  3. coinman0456

    coinman0456 Coin Collector

    nice coin , quite a rev die crack too.
     
  4. GDJMSP

    GDJMSP Numismatist Moderator

    Check the grade on that one you posted Toad. The one I posted was a lowly 64. There are examples graded as high as 69.
     
  5. HandsomeToad

    HandsomeToad Urinist

    The one I posted was Husak's and I have no clue what it graded. ;)

    As to the one you posted, I would have thought it would have gotten MS-67 as strong as it was struck. :thumb:

    Ribbit :)
     
  6. 900fine

    900fine doggone it people like me

    So true ! Why, Doug's coin... well, it has a little micro-gash at K-9 obverse. I can't believe he would post such a doggie coin. Frankly, I'm appalled.:computer:
     
  7. 900fine

    900fine doggone it people like me

    Great opportunity for another learning curve.

    Compare the three S-9s on this thread and present evidence for each coin's die state. I'll start :

    The Husak coin #3 is MDS-LDS. Evidence includes, but is not limited to, a reverse rim cud above M in AMERICA.

    Others ?
     
  8. HandsomeToad

    HandsomeToad Urinist

    OP coin - EDS
    Doug's example - EDS to MDS
    Husak's example - MDS to LDS

    What the die state does is prove the odds are good that Eduard's coin had a strong strike at one time. ;)

    Ribbit :)
     
  9. coinman0456

    coinman0456 Coin Collector

    true that (EDS) both Doug's and Eduard's coin.
     
  10. 900fine

    900fine doggone it people like me

    PCGS AU50. Not too shabby.
     
  11. 900fine

    900fine doggone it people like me

    I'm sure that's all very reasonable. Care to present your rationale as to how you came to these conclusions ? It's educational for the group. And hopefully it will set off a big storm of controversy ! :pencil: :cool: :headbang:
     
  12. GDJMSP

    GDJMSP Numismatist Moderator


    Good Lord what's the world coming to - I find myself agreeing with the Toad !! :eek:

    Take a look at the loop of the bow on Eduard's coin. Now compare it to the other coin I posted. See how flat it (Eduard's) is ? Well it's not a high point, it's flat because of wear.

    Now compare the amount of detail on the Husack coin, and consider the grade assigned. Then look at Eduard's coin.

    edit - and Eduard, what grade did they assign that coin when you bought it 22 years ago ?
     
  13. HandsomeToad

    HandsomeToad Urinist

    You can always think of it as you rubbing off on me. ;)

    As to 900's question, I base my die state attributions on the die cracks visible on all 3 coins. Eduard's doesn't look like it has the die crack around the last A in AMERICA but Doug's example & Husak's both have that die crack, with Husak's appearing to be bigger and thus, a later die state than Doug's example and Eduard's would be a early die state and since Doug's example is so well struck, the die condition would have been better when Eduard's coin was struck so it had great details at one time but it's still awesome. :thumb:

    Ribbit :)
     
  14. clarence

    clarence Junior Member

    Terrible coin send it to me and i`ll dispose of it properly ! Actually i`d love to own it and even if it`s not perfect it`s still a great coin .
     
  15. rzage

    rzage What Goes Around Comes Around .

    And I thought Ancients were hard to grade , old Coppers is the Twilight zone of coins .
    rzage
     
  16. GDJMSP

    GDJMSP Numismatist Moderator

    IMO, not really. Like any coin, all you have to do is approach it from a logical angle, really look at the coin, pay notice to the details or lack thereof, be familiar with the series so you know what to look for and where to look for it, and know the standards.

    Now conder may well come back and offer reasons for why he thinks this particular coin was weakly struck. And he may be right, he knows his stuff. But in this case, I do not think this coin was weakly struck at all. I think it was very well struck and that it has good honest wear.
     
  17. mark_h

    mark_h Somewhere over the rainbow

    I do not think the lower grade price is correct - the reason I say this is I do not recall seeing one that cheap. Not saying they are not out there, but from my looking I would have netted this coin between $2500 and $3500. Now the why is - I have seen worse coins corroded, cleaned and now where near the details sale for about $2k. The one F/vf problem free coin I held in my hands sold for between $6 and $7K. Now between the two coins based off what I have seen is how I would have netted it. Now what I do not know is the variety of the 6-7k coin - I was just mad cause I could not afford it. It rivaled this http://coins.ha.com/common/view_item.php?Sale_No=1125&Lot_No=51 coin here without corrosion. The local shop got it in on a saturday and sold it the same day. This is just my opinion - right or wrong.
     
  18. dougsmit

    dougsmit Member

    Ancients are hard to grade. That is one of the best features about the hobby. The rule is there are only two grades: "I like it" and "I don't like it." Auction results reveal how many people fall on either side of the question. If I collected US, I'd like this coin. The 'problems fall in areas I could live without. Half the pits located on the face would make the coin less desirable. Even granularity over the whole surface would make the coin uglier to me.

    You modern collectors should be happy that most of the coins you seek were struck evenly with all the design on flan. If you want to play in a game where the best known example might be VG and ugly, let me introduce you to ancients.

    BTW, if all US coins were this interesting, I would collect them! It is a nice coin.
     
  19. 900fine

    900fine doggone it people like me

    Since there was some concensus at VG8, CQR says that's a $3000 coin. F12 goes for $5000.
     
  20. mark_h

    mark_h Somewhere over the rainbow

    Two things - I like it and I don't like. This happens alot to me with these old coppers. And LOL - I guess compared to ancients we are "modern" collectors. :)
     
  21. Leadfoot

    Leadfoot there is no spoon

    EDS does not necessarily mean the coin was well struck, only that the die didn't have much wear.
     
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