Hey Everybody, A couple years ago I started compiling a complete US penny collection (minus the 1793 cuz I will never be able to afford that lol) so 1794-Present, so far I have 199 years out of 227 that I need so its coming along pretty good. Heres my question; How much $$ is a fair asking price for a 1795 Liberty cap Large cent in AG-VF condition certified? I've seen certified ones online in that grade range from $200 to $850, pretty broad range, what do y'all think about the approximate value?
The answer to your question is “It depends”. Early copper in lower grades has numerous variables to consider. Strike, original planchet condition, surfaces, color, environmental issues (corrosion, verdigris, etc), old cleanings (many early coppers have been cleaned at some point in their 200+ year existence). Add to that die varieties that can increase the value significantly. Sorry, but there is no simple answer. What might be a fair price for one coin may be completely wrong for another, even if they are the same grade. Best thing to research ebay sold and auction results, and look at a lot of coins to get a feel for surface conditions and color. You should be able to find a coin with faults you can live with at a price within your budget
Yeah, @Oldhoopster is right. Early copper is a different animal. And 1795 is a mighty tough date to boot...... I went after a 1794 last year and attended several shows in my hunt. I saw barely recognizable slugs that ranged from $800.00 to over $1000.00. By chance I was looking at one of our member dealers websites one day and he had an absolutely gorgeous 1794 that had a mildly pitted surface. The coin had full detail and even retained some mint luster. I now own her at $600.00 because it was deemed to have an environmentally damaged surface. Big score for me! I could give a hoot what the label said. It is a very pleasing coin...... I think it is easy to get caught up in published values and often with these early coppers, good deals can be had if you are willing to overlook a negative label. Good luck in your hunt.
If it at least has a full date/parcial date with some details visible and problems the value is around $100-$200 for the lowest examples.
The one in the middle with Env. damage for $125 is really nice, I would have bought that in a heartbeat, the date is in really good condition and thats mostly what matters for me. I guess it is pretty subjective and theres a lot of variables, I'll do some more looking around, thanks for y'alls opinions