1837 Feuchtwanger 1 Cent - What Grade Did It Get ?

very nice!! thanks for sharing!

 

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What kind of information are you looking for? They are all somewhat pricey, starting at about $2000 in Unc and going up into 5 figures. Some were made considerably after the 1837 date (except for HT267 & HT267A which are dated 1864).

 

That is a really nice piece!
Good luck with it.

 

Having never seen one in Unc in the flesh I'd say a VERY nice AU58. Depends on how well struck they were. Looks like a bit of rub on the eagle's thigh.
I have two that are VF-XF myself. REALLY COOL coins.
By the way I'm using ANA standards here.
SGS MS68!

 

Now let me change that opinion.

Duhhhhh!
Guess I should have read all of the thread.
Upon closer inspectionn I feel this coin is an MS65! Yeah, that's that's the ticket.
Hey, I'm still clembo not dumbo!

 

Whats that worth ?

Very nice item.

 

Somewhere between $1 & $2500

 

just saying the name makes me feel dirty

 

Feuchtwanger 1 Cent

MS 64 AT LEAST

 

Very nice!

 

1837 Feuchtwanger 1 Cent

2007 RedBook prices
F $90.00, EF $210.00, AU $325.00, UNC $500.00
Regardless of grade, it's a valuable coin. Any grading above MS60 (Avg UNC) would bring a much higher price. Can you guess what an MS65 WOULD BE?

 

$2,000 ?

 

I don't have a redbook anywhere near current, so I am not sure how they list these tokens, but there are a number of varieties, even for the one cent denominations. This one, which has an id of HT268, was made with obverse 5 and reverse H, is one of the more common, or R1 rarities. My 2004 Rulau's values this particular token at $350 in Unc. The most valuable one is listed at $7500 in VF, with no valuations for higher grades. Rulau has a note that fully struck specimens are worth up to double the Unc price, and this is one of the nicest strikes I have seen. Add the high MS grade factor in, and I would say that potential value is easily in excess of $1000.

To draw a parallel with cwts, which are somewhat similar in era, populations, strike quality, and grading methods, a slabbed MS-65 cwt will often sell for around 4-5 times the listed Unc value.

 

Well the person who owned it before me paid $2100 for it 3 years ago-
But Im still not saying how much I paid for it-

With a piece like this the market for the few buyers that there are would be the determaning factor. I have had offers of up to $2600 but do not want to sell it.


So The question comes to my mind is -Since there are not very many of these in this conditioon & I dont want to sell at the $2600 price - is
Am I setting the market for this coin for the next time it does sell or does the "market" for the pricing come from everyone elses opinion ?

 

Unless you sell it at a private sale, you and your buyer will set the "most recent price". IMO it takes at least two sales within a relatively brief period of time to be averaged out in actually "setting the market".

With a coin as rare as yours, market price is always pretty much a guess, as the condition and eye appeal will vary, so unlike, for example, MS 62 PCGS graded 1891S Morgans, it's very tough to determine a true average price.

 

Greysheet doesn't list these, but there have been three recent MS65 sales on Heritage, all within 9 months of each other :

http://coins.ha.com/common/view_item.php?Sale_No=404&Lot_No=5390&src=pr

http://coins.ha.com/common/view_item.php?Sale_No=416&Lot_No=5902&src=pr

http://coins.ha.com/common/view_item.php?Sale_No=423&Lot_No=64784&src=pr

They vary wildly in price, from $860 - $1720; possibly based on Breen number ??? Dunno.

Your NGC slab doesn't list the Breen variety attribution. Might want to consider re-submitting for attribution - costs $7 extra. But I bet ya gotta pay the $28 grading fee again... :headbang:

But if it's a rare variety, it might be worth it.

 

The first two links were for slightly scarcer (R2) tokens, while the last one was also for an R1 variety.

Personally, I wouldn't have NGC attribute any token of mine even if it were free, as I feel they do a rather poor job of it. Concerning Civil War tokens, either NGC has invented their own id system, or they simply do not understand how to properly use the system that this portion of the hobby uses in a rather universal manner. Technically, not a single NGC cwt slab displays the correct hobby accepted id system format. It is a very easy system to use, and a knowledgable person could clearly explain how it should be used to someone else in about 5 minutes.

NGC has also failed to read the corrections portion for the cwt die identification photos. In the main part of the photo section, some die photos are not correct for the given die number. EVERY NGC slab I have seen that indicates an id number that involves those incorrect photos/die numbers is in error, since they have not applied the accompanying corrections section. I have also noticed that they seem to have some difficulty copying merchant's names from the token to the label, not to mention the out and out misidentifications.

I have been successful in taking advantage of NGC's errors on 6 instances where they had incorrectly identified a scarce token as a common, and have missed out on other incorrectly id'd ones. I've also seen my share of commons id'd as scarce issues.

IMO their token identification is sloppy and they don't really know what they are doing. Slab Id errors are not hard to find. In fact, the third link in post 36 above may be an example. Hertiage definitely got it wrong. From the auction title: "1837 1C NY HT-268(61)"

Well, the portion in parenthesis should be a number & a letter, 6I in this case, not 61. I could not read the slab label shown in the auction well enough, but I suspect that the slab label would also incorrectly show 61. Frequently making errors such as I have mentioned prevents me from having any confidence in their "abilities", not to mention most "benefits" provided by slabs/tpgs are largely moot when applied to exonumia.

 

Hmmmm....

Tell ya what budgood.... all data seems to indicate that's a very nice piece you've got there.

Also.... the difference 'twixt variety X and Y is significant... much more than the cost of a good book.

So maybe it's time for some good ol' fashioned research - you gotta know what you got.

books + effort = knowledge. I'm curious as to what you find. Keep us posted !

 

Again....very nice token...