Charlott Gold

Perhaps both are Queen Cities. In this day and age, two Queens shouldn't surprise anybody.

 

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These were sent to NGC and have just been returned to the dealer who assisted me with the submission.

The 1843-C Large Date was detail graded for cleaning at XF (the dealer didn't say which numeric grade) and the 1854-C was detail graded for damage at VF.

Neither was a surprise, but I was relieved that they were authenticated in this era of counterfeits. I suspect any missing diagnostics are from poor photography rather than lacking on the coin. Still, even TPGs could get it wrong sometimes, though I'm far more confident in their opinion than my own.

 

That's great news! :thumb:

 

Thank for sharing! that!!!

Glad to see you got a great 2 1/2 & rare date to boot! :thumb:

 

Congrats on the authentication.

 

Thanks.

Now to see how much the cleaning and damage affect their value.

All Charlottes are relatively rare, but the 1854 would be about R5- for the date/mint and I'm used to that for varieties. About 20-25% of those are definitely at a higher grade and I suspect a similar percentage to be about equal in detail. Most have been damaged and/or cleaned, but the books are for typical coins for the grade. How much is typical for a rare coin where most have some problems? Do the books revert to typical problem free coins or expand to typical of the date and mint for the grade? It makes a huge difference in value.

Anyway, while I have some of the limited supply, there is also limited demand which reduces value.

I think I'll see how many 'specialists' will give me an offer. Most Charlotte specialists seem to only be interested in the $100,000+ collectors and concentrate on AU+ coins. I don't get many sales when I search either.

 

I'm glad too, but your suggestion about authentication is still sound advice.

I'll feel better about the coin whether I keep it or sell it now. To me, finding out I've bought a counterfeit is second only to finding out I've inadvertently sold a counterfeit in disappointment.

I know NGC photographs the coin for their records, but does the coin get returned with a basic photo if you don't order the enhanced photo package?

 

I'm glad this story had a happy ending and neither coin was a counterfeit.

And frankly I would have been very surprised if Harlan J. Berk sold a fake coin.

 

Glad to hear they are authentic. Hope they find a home in the collection of someone who appreciates their scarcity.

 

In terms of rarity, the 54 (estimates of 80-90 survivors) is rarer than the 1799 or 1804 Large Cents . I appreciate it enough to not GIVE it away, even with it's problems. The 43, is common for the series, but the whole series is rare. The initial offer from the dealer who helped me out was about 1/2 of what I want, so if his offer was 75% of market, then I'll be holding on to them for a while.

 

I am surprised. This is the first time I can recall GDJMSP blowing an authentication. Happens all the time for me, lol, but not GDJMSP!!! Hold on, let me go mark the calendar, so I can remember this date!!

 

p.s. very glad to hear they are authentic.

 

FYI, Charlotte, named for Charlotte of Mecklenburg (the queen consort of George III of England), was incorporated in 1768, and the name Queen City dates into the 18th century.

Cincinnati was incorporated in 1819 -- the 19th century.

The first queen city is Charlotte....Mike

p.s. some other cities that are also nicknamed the Queen City: Auckland, New Zealand; Seattle, Washington; Denver, Colorado; Toronto, Canada; and Poughkipsie, NY. However, none of them, to my knowledge, predate Charlotte in the use of the term Queen City.

 

I blame the photography. I think you'd see the attribution points if you had it in hand.

ps It appears that 90% of these are XF to AU from the Heritage archives. My poor little beat up VF may be a bottom 10%er.

 

Marshall, once you have the coins in hand, you can go to NGC and enter the slab number in their authetication area. Many times it will bring up a nice pic. I can't remember without checking myself if there is a pic of the obverse and reverse, but definitely the obverse. They will take pics and send you pics if you pay for that service. I don't know if you can go back and ask for pics after your receive the coin, but may be worth giving it a shot. Nice coins and congrats!

 

I picked up the slabs from Beaumont today and these are the new NGS numbers:

1843-C LARGE DATE $2.50
XF DETAILS
IMPROPERLY CLEANED
3152488-002

1854-C $2.5
VF DETAILS
DAMAGED
3152488-001

I'll take photos when my eyes get over being dilated.

 

****Not to change Subject****

Marshall with all the Charlotte gold coin come with a add surprise and this will help.
Ngc has added an cell phone address it is very handy if you want to make sure the slab coin is real.slabs Ngc & Pcgs and Anacs have been counterfeited too.plus some phone will even show the coin photo too!
I sure Pcgs is going to follow in Ngc footsteps if they have not done so yet

this explains it all better than I

http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=1424