Thinking about getting one in AU since that's about what my budget can get me. Which one of the two below do you guys think is better for the money? Also, what is the "N" number mean? 1847 Braided Hair Large Cent 1852 Braided Hair Large Cent
Hard choice, the 1852 is much more detailed and in the "better regarded" slab. However, the 1847 WAS my choice as it came from a famous collection and is an AU with an interesting date. Then I saw the bad scratch and spot removal. I say neither one; but if forced to pick one, the 1852 in spite of the slight corrosion. N# are the coin's attribution. You may look each up to see which coin variety is the more rare.
I would say neither as well based on the corrosion and I think the grade is a bit optimistic on the 1847. Keep looking, there are many AU Large Cents out there to choose from.
I agree with Insider. I like the 1847 for the better date, but the 1852 looks nicer, at least, in the images.
Just did a quick eBay search and found several at these price points that are better choices. And, for only the price of a good steak, you can do even better. Just an observation... there are far too many priced way outta line.
"N" is for Howard Newcomb, who delineated the varieties of the later (1816-1857) Large Cents. OK, this is interesting. Both are repunched dates - the 1842 is N-14 - but neither are particularly rare for the variety. The 1852 is about at market, perhaps a few bucks high; the 1847 acknowledges the obverse and actual grade (trust this seller's grading, he knows what he's talking about with copper) yet is still a bit high. Were it actually AU58, it'd be an excellent price despite the carbon.
You don't have to pay that much for a low to mid AU braided hair large cent. (Unless you have to have a 55 or 58). If you buy them raw on eBay, you can sometimes win them for 50 bucks or less.
Who the heck cares if it came from a "sole called" famous collection? Isn't the end game getting the nicest coin for your money? 10 years from now if you want to sell that coin nobody will even care or know who Jules Reiver is - Jules Verne maybe!!! It's not like buying a car that belonged to Steve McQeen!!
Just gonna through it out there, but Reiver wrote the book on late date large cents with Grellman, and it's his date position reference numbers that are still used. You may not know or care who he is, but late date collectors do and will. Now, I personally like having provenance on coins I purchase, be they famous or not, so it would add value to me, although Reiver had quite a large collection so getting one of his coins is pretty easy. Lastly, on the grading of that coin it is badly over-graded. This sale in particular was one of the worst examples of NGC over-grading an entire collection.
That's because the second is the much nicer coin! Most collectors don't even know what "provenance" is or who collectors such as Bass, Pitman, Newman, Ford, or Reiver are.