1864 Two Cent Piece

Discussion in 'US Coins Forum' started by ryanbrooks, May 24, 2008.

  1. ryanbrooks

    ryanbrooks Active Member

    Hello fellow coin peeps :D

    I have just bought my first Two Cent Piece, and I want your opinion on grade and value. Thanks!

    P.S. I will get better pics when the coin arrives.

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  3. GDJMSP

    GDJMSP Numismatist Moderator

    Ryan - whenever you see that greenish, bluish stuff on a copper coin, like on the shield of this one, you should pass on the coin. It's corrosion either caused by verdigris or PVC contamination.
     
  4. HandsomeToad

    HandsomeToad Urinist

    The only possible corrosion I see is a spot on the reverse rim @ 11 o'clock. What you think is corrosion on the shield, in my opinion, is an illusion caused by the way the picture was taken.

    Ryan, when you get the coin in, please take a quality photo of it and post it so we can see if it's an illusion or what CT said. :thumb:

    Ribbit :)
     
  5. ryanbrooks

    ryanbrooks Active Member

    I agree with toad. It is probably the picture, so when I receive it, I will take it much clearer so I can get the proper grade. Thanks :D
     
  6. coleguy

    coleguy Coin Collector

    I agree. I think (and hope) the illusion on the shield is caused by lighting. Looks like a nice example. It's pretty tough to find one with the "WE" as clear as that. Post some better pics when you get it.
    Guy~
     
  7. kanga

    kanga 65 Year Collector

    Images are too blurry to make a reasonably accurate effort.
    Certainly XF, but higher???

    And as to green "stuff", if it's PVC then you have a REAL problem.
    If it's just verdigris, then you have a mild problem.

    Somewhere in here (another thread) I posted my two 1864 2-cent pieces.
    The 1864, Small Motto has green on it (verdigris) and I was going to replace it (may still.)
    The guy that did my appraisal (he's a formar TPG grader) said that wasn't necessary.
    Not because verdigris wasn't a problem, but because it wasn't going to get worse.
    PVC would be different.
     
  8. ryanbrooks

    ryanbrooks Active Member

    So you are saying as the years go on, it will spread out? SO when I get the coin, what exactly do I look for? Greenish blueish corrosion on the shield?
     
  9. HandsomeToad

    HandsomeToad Urinist

    Corrosion is just like mold on bread or rust on steel. Once it starts, it doesn't stop until it is removed and the surface protected against it or it is moved into an enviroment where the corrosion can't occur. Like on steel, rust is an oxidation that is caused by oxygen, so if it is surrounded by certain other pure gases (argon, nitrogen, etc...) the oxidation ceases. I know NCS will treat a coin with something to retard corrosion (or so I've heard) and it's also suppose to stop other growths.

    Ribbit :)
     
  10. tommypski

    tommypski Coinaholic

    I agree with Doug. The spot above "T"(STATES,....) on the rim leads me to believe this coin has some PVC or verdigris issues.
     
  11. HandsomeToad

    HandsomeToad Urinist

    I also see that spot but I don't think the shield is damaged. That spot can be fixed easily, to stop it from spreading but I'm hoping the shield is just from lighting and not more damage.

    Ribbit :)

    Ps: One speck/spot of mold on a loaf of bread, doesn't kill the whole loaf. :D
     
  12. kanga

    kanga 65 Year Collector

    Here's my understanding.
    PVC damages coins significantly.
    Verdigris is damage that has already occurred.
    As such, both lower the value of a coin.
    It's just a matter of degree
    - PVC = lots, if left to continue its work (hence an acetone/distilled water bath)
    - Verdigris = Not as much AND ceases to continue its work if the coin is removed from contact with air and humidity.

    Look at the reverse on the 1864 Small Motto in this thread:

    http://www.cointalk.org/showthread.php?t=37467

    That's verdigris. Looks dry and crusty. It can be removed but you would then see damage underneath. It's just that since it's slabbed the progression of the damage has been halted.

    PVC damage will look moist and gooey. And it won't cease just because it gets sealed.
    Note that I didn't say slabbed because I don't think a TPG would slab it as is with PVC present.
    ANACS would after being cleaned but would note the problem.
    NCS would, but without a grade.

    And PVC is sneaky.
    It's mostly associated with copper coins.
    But it can also affect gold and silver coins.
    Not the gold and silver metal, but the copper that they are alloyed with resulting in a pitted coin.

    I've got such a coin in with NCS right now.
    I'm hoping it was caught early enough that NGC will slab it with no DETAILS notation.
     
  13. tommypski

    tommypski Coinaholic

    [QUOTE
    Ps: One speck/spot of mold on a loaf of bread, doesn't kill the whole loaf. :D[/QUOTE]


    Well, in that case, next time you have me over for dinner, I will definitely pass on the bread!!!LOL.

    A very nice looking coin indeed and I really hope it turns out good for you Ryan!
     
  14. GDJMSP

    GDJMSP Numismatist Moderator

    Not always, there are many stages of PVC contamination. In the beginning it is a thin transparent film that you can't even see. Later it begins to have a greenish color and that is when it looks moist and gooey. Later it begins to dry out, still has the greenish color but it is dry and flaky. Later still it will darken, often becoming brown or even black.

    So don't think that just because it isn't mosit and gooey that it isn't PVC.
     
  15. kanga

    kanga 65 Year Collector

    One thing for sure.
    I'm getting my knowledge updated.
    But, in part, that's what this place is all about.

    Thanks, people.
     
  16. HandsomeToad

    HandsomeToad Urinist

    I'm think that about 90% of my thinking is wrong but little by little I'm getting corrected. :D

    Ribbit :)
     
  17. ryanbrooks

    ryanbrooks Active Member

    Well, when I receive the coin, I will be sure to let you all know what there really is, and I will provide nice and clear pics :D
     
  18. rzage

    rzage What Goes Around Comes Around .

    Nice , VF-25 around $30-35 if it's the more common large motto , $450 if it's the small motto variety, I don't know how to tell the difference , but I'm sure someone can help .
    rzage
    Won't acetone clean the pvc off ?
     
  19. GDJMSP

    GDJMSP Numismatist Moderator

    Yeah, if it is PVC. Acetone won't touch verdigris though.
     
  20. ryanbrooks

    ryanbrooks Active Member

    Well, when I get the coin, I will tell/show you what is on there, so you can tell me what to use. Thanks :D
     
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