Need help with Grade on this 1794 Large Cent

How do you think PCGS would grade this coin?
Do you think it would it come back as "Genuine (Ungradeable)".

Thanks for any opinions!!

 

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They will Genuine it-

 

Yep genuine.

 

PS - Still a nice coin.

 

Agreed ,nice coin still-

 

Hey thanks for this info!!

Just curious ... what are the worst damage points that makes it genuine? (what's the worst thing about this coin)

Also what are the details? AG?

Thanks again for all your help!

 

The corrosion across the OBV & the scratches across the reverse. I'd call it Good details.

 

thank you ... this is really helpful info !

by the way ... this was an ebay coin ... i thought about bidding on it because it was relatively cheap ... but decided against it ...

It was advertised as ...
1794 S41 Liberty cap large cent VERY GOOD 1C No Reserve


It ended up selling for $164

Still I wanted to learn more about spotting this type of damage that causes coins to be ungradeable ... for potential future purchases

Again thanks for your time!

 

That's the way to play it ! There are many helpful folks on this website.

This was Shawn Yancey's coin - a very, very high quality man. Totally reputable.

$164 is a decent price for this coin. I agree with his assessment of VG details. With the obverse damage, it probably nets 3; CQR prices such a coin at $150-200.

 

What do you make of the fact that the reverse has readable legends, except the ONE CENT is almost completely gone ?

 

vg obverse - ag reverse. looks like some pitting, porousity, scratched reverse and a rim ding.

 

yes ... i agree ... the wear pattern is very strange

(the price was cheap which is what attracted me initially )

 

Yes, 100% chance ungradeable. Almost certainly PCGS would assign code 98 (damage).

 

The remaining detail pattern is strange. Why ?

 

it almost looks like someone had it stuck under a desk leg in the 1800's to level the desk ...

 

Hint : Look on the reverse, between the AT in STATES. You will see a radial line (pointing toward the center of the coin). Look at the D in UNITED, and you will see a horizontal line, also pointing toward the center of the coin.

What are those, and what possible connection could they have with the missing ONE CENT legend ?

 

you sound like you know the answer 900fine ... enlighten us!

 

is the line between the A and T in states a die crack?

 

Yes, you betcha ! Same with the "D".

On better-preserved specimens, one sees those die cracks reaching near the center; combined, they look like a slice of pizza.

Clearly, this is a well-worn die. It's mechanical / structural problems prevent it from delivering a full strike. By the time this coin was struck, it wasn't just cracked - it was warped. The fields weren't flat anymore (so-called "die bulging"). The warp / bulge affected the ONE CENT region.

This coin had a very weak ONE CENT when it was born, and it quickly wore away entirely.

 

wow ... great detective work 900fine!
i'm impressed.