Forgotten, now found (the pocket piece I didn’t even know was there)

Discussion in 'US Coins Forum' started by lordmarcovan, Jan 24, 2023.

  1. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    This was in my old billfold, in a flip that was wrapped up in some postal receipts. I still carry that billfold in my back pocket for receipts and business cards, but use my phone case wallet nowadays for credit cards and driver’s license, etc.

    I was surprised to rediscover this. Particularly since I’ve been carrying it around unknowingly. It had to have been in there the better part of a year.

    Note the nifty little cud at the top of the obverse.

    It’s always fun to find forgotten treasure and thereby cherrypick one’s self. LOL

    963EEF72-D2D7-480A-89D8-4016A81E4DF0.jpeg 1079E9AB-0919-486E-94D1-2C34CA196329.jpeg
     
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  3. ddddd

    ddddd Member

    Nice rediscovery!
     
  4. jerryc39

    jerryc39 Well-Known Member

    glad you rediscovered it! I think I sent you that one.
     
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  5. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    Yes, it was from you.
     
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  6. Mr.Q

    Mr.Q Well-Known Member

    You're lucky it didn't bite you in the butt. Nice coin nice cud. Thanks for sharing you're left behind, get it...
     
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  7. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    If it had been a snake, it would’ve! LOL
     
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  8. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    Back last year I bought it with the intention of flipping it.

    But I do now realize I don’t have a Coronet cent in my type set. Hmm. Thing is, mine is an all-slabbed set. I wonder if this one’s worth the expense of a trip to PCGS? Maybe. Maybe not. It wouldn’t grade out super high, of course, but it’s a nice enough circulated example, I reckon. And the cud is cool.

    Eh, maybe I’ll include it in my next submission. Otherwise, I’ll flip it as originally intended.

    How do y’all reckon it would grade out? I don’t see any surface issues that would prevent it getting a straight grade. Might go XF40-ish, ya think? With PCGS, I mean. Not EAC. LOL.
     
  9. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    That one has attractive surfaces and an interesting little cud to boot. I think she deserves a slab to call her very own.
     
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  10. Paddy54

    Paddy54 Well-Known Member

    Ive noticed a lot of 1836 cent with obv. Cuds. Small like this one.
     
  11. Publius2

    Publius2 Well-Known Member

    Well, you're the best judge since you have it in hand. But I believe I see corrosion pitting on the reverse that has been cleaned off. So, I think it would get a details grade. Is the sharpness VF or XF? Borderline. If it were to straight-grade, I think the TPG would market-grade it VF-30 or 35. A few non-trivial hits in primary areas on the obverse plus the reverse roughness would probably keep it from XF.

    Just so you don't think I'm being too harsh, I happen to like the coin and especially the cud.

    Financially, it's probably not worth grading unless it's a rare die marriage. I'll let @kanga tear his hair out over that.

    Fun story, too.
     
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  12. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    No, thanks for the detailed breakdown. Upon further examination, at least of these pics, I concur with the VF30-35 assessment. I will say that (as usual) my photos are not optimal, and the lighting gives the coin a very slightly greener tint; under sunlight or incandescent lighting, it’s a bit browner looking.

    One other person on CU has suggested it might have had an old cleaning. I wonder if that was based on what you see on the reverse. If that’s indeed the case, I would hope a TPG would deem it “market acceptable”.

    But then, as you mentioned, it’s barely worth the added expense of slabbing, financially speaking. Sure, if I could be assured of a straight XF40, I think it would be (if only just). But since that’s looking like a bit of a long shot, and a straight grade is also not 100% assured, perhaps I should just flip it as originally intended.

    Normally I’d look for a higher grade example as my type coin, anyway. But I do like this one.

    Numismedia retail price is $83 in VF20 and $168 in XF40. I do not recall what I paid @jerryc39 for it last year, but I know it was less than the Numismedia VF price. I believe it was about $70. So does it make sense for me to roll the dice on a PCGS submission that would add another $45-50-ish to the price? Hmm. Barely, if at all.

    Maybe I should just flip it and put the proceeds toward a better, higher grade Coronet cent type coin that’s already been slabbed. I’ll mull that over. I do think it would be a nice addition for somebody who has a raw Dansco-7070-style type set.

    I’m told it’s a late die state N6, R2.
     
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  13. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    6+ paragraphs in my last post. Yeesh.

    Sorry, I’ve always been longwinded. I’ve tried to scale that back some, but… :rolleyes:
     
  14. ddddd

    ddddd Member

    Use as many words and paragraphs as it takes LordM. :)
     
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