Anyone want to invest in some copper?

Lot No.
Service
Grade
Time Left
Price/Bid/Buy

1792 P1C Birch Cent, Judd-4, Pollock-5 MS65 Red and Brown NGC. CAC....

Lot 5504
NGC
MS65
--
Auction ended on Jan 8, 2015
Sold For: $2,585,000.00‡

1793 1C Chain, AMERICA, Periods, S-4, B-5, R.3, MS66 Brown PCGS Secure. CAC....

Lot 4011
PCGS
MS66
--
Auction ended on Jan 7, 2015
Sold For: $2,350,000.00‡

1792 P25C Copper Quarter Dollar, Judd-12, Pollock-14 MS63 Brown NGC. CAC....

Lot 5511
NGC
MS63
--
Auction ended on Jan 8, 2015
Sold For: $2,232,500.00‡

 

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ah nuts I only have $1,999,999 lol j/k

 

I'm willing to sell my jar of copper memorial cents for only $1,000,000.00 if anyone's interested

 

Amazing! Thank you for posting this. Great coins and the fortunes people are willing to spend for them are mindboggling to say the least. I wonder how buyers really know what to pay for them at auction?

 

Like the saying goes if you have to ask the price , you can't afford it . In that case if you care how much you bid you can't afford it . Too bad I always have to know the price .

 

You're in good company because I'm no different.

 

I was looking for something in better condition. I think I'll pass.

Chris

 

$7,000,000+ for 3 coppers.........

They sure are nice, fantastic details on the Chain Cent. I know the owners are happy.

 

WOW! An MS-66 Chain Cent!!! I can not even afford one in, well, any grade!! Who ever buys it though is definitely going to be drooling over that coin, in fact just looking at those photos I'm drooling on my keyboard!

 

I was going to wait and post all of my newps, but I guess I'll reveal now: I bought the birch cent*






* in my dreams

 

I thought maybe @The Penny Lady® had purchased them.

 

I saw this photo...
What dreams are made of!

 

and more drool lol

 

I was hoping to post my NEWPS in another thread, but the OP beat me to it....lol.

 

And the seller!!!!!!!

 

Splendid bunch of historical pieces here,envy envy!.....

 

FYI, this coin was EAC graded as a MS-63.

look at http://www.eacs.org/GradingGuide/GradingGuide.html to explain EAC grading

 

I hope the coin is not drooled upon because that would cause it some irreparable damage.

 

I had no idea any were graded so high!!!!!!! I didn't think MS-69BN was a possible grade. Never seen anything past PF-67BN. Maybe I'm naïve. Rocking those umlauts today! Take that English language. We sport umlauts too. Weird Al Yankovic would be proud of me today.

 

The problem with the TPG's is that they market grade (grade seems to be related to perceived price). It has been years since TPG grades strictly relate to the ANA grading standards—it seems it's all about the $$.

The serious copper collectors (e.g., http://www.eacs.org) have much stricter (and unchanging) standards (no grade inflation). Using using EAC Grading Guidelines, the MS-69BN Wreath cent you mention is somewhere between a MS-61 and a MS-63. This isn't to say that you can't have a MS-67 half or large cent—they do exist and in one case, the EAC and PCGS grades actually agreed: http://www.goldbergcoins.com/view-auctions/catalog/id/31/lot/71031/.

If you want to compare EAC vs. TPG (PCGS or NGC) grades, a rule of thumb is the EAC grade is typically one adjectival grade higher than a PCGS or NGC grade (e.g, a PCGS EF will get an EAC VG grade, etc). Remember this is an approximation and sometimes (rarely) the grades will be equal and sometimes the grades may be two adjectival grades apart (EAC always lower). See the Grading Guide for more info.