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Comments Please on Collecting Large Cents - 1839 thru 1857
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<p>[QUOTE="kanga, post: 13233261, member: 9270"]This is my thought process (guide) for an expanded collecting area.</p><p>Comments (good or bad) are more than welcome, in fact encouraged.</p><p>Those will help me make better choices.</p><p><br /></p><p>I've decided that I'm going to get into <b>large cent varieties </b>dated from 1839 through 1857.</p><p>I have four resources as references:</p><p>-- <i>The Cent Book/1816-1839</i>, John D. Wright, 1992</p><p>-- <i>United States Large Cents/1816-1845, Vol 5</i>, William Noyes, 2012</p><p>-- <i>United States Large Cents/1846-1857, Vol 6</i>, William Noyes, 2012</p><p>-- <i>The Die Varieties of United states Large Cents/1840-1857</i>, John R. Grellman, 2021</p><p><br /></p><p>In the introductory information for each reference book the rarity values are defined.</p><p>The good news is that the rarity <u>definitions</u> are consistent from one reference to the next.</p><p>A Rarity-4 (R-4) appears to be 76-200 known in each reference book.</p><p><br /></p><p>It's no surprise to me that there are differences in the <u>specific</u> rarity for each particular date/variety from one reference book to the next (different authors; different time periods).</p><p>But fortunately the differences are not large.</p><p><br /></p><p>BOTTOM LINE - COIN VALUE</p><p>When it comes to what I'll bid/pay for a date/variety, I'll take into account the following:</p><p>-- the date</p><p>-- the grade (for PCGS/NGC slabbed coins) <b>or</b></p><p>-- the grade (my evaluation; but I rarely buy unslabbed coins)</p><p>-- the variety (posted on the slab or my evaluation)</p><p>-- the rarity value (only R-1, R-2, R-3 and maybe R-4; things get VERY pricey after that)</p><p>-- the Greysheet value adjusted for rarity plus 10-20%[/QUOTE]</p><p><br /></p>
[QUOTE="kanga, post: 13233261, member: 9270"]This is my thought process (guide) for an expanded collecting area. Comments (good or bad) are more than welcome, in fact encouraged. Those will help me make better choices. I've decided that I'm going to get into [B]large cent varieties [/B]dated from 1839 through 1857. I have four resources as references: -- [I]The Cent Book/1816-1839[/I], John D. Wright, 1992 -- [I]United States Large Cents/1816-1845, Vol 5[/I], William Noyes, 2012 -- [I]United States Large Cents/1846-1857, Vol 6[/I], William Noyes, 2012 -- [I]The Die Varieties of United states Large Cents/1840-1857[/I], John R. Grellman, 2021 In the introductory information for each reference book the rarity values are defined. The good news is that the rarity [U]definitions[/U] are consistent from one reference to the next. A Rarity-4 (R-4) appears to be 76-200 known in each reference book. It's no surprise to me that there are differences in the [U]specific[/U] rarity for each particular date/variety from one reference book to the next (different authors; different time periods). But fortunately the differences are not large. BOTTOM LINE - COIN VALUE When it comes to what I'll bid/pay for a date/variety, I'll take into account the following: -- the date -- the grade (for PCGS/NGC slabbed coins) [B]or[/B] -- the grade (my evaluation; but I rarely buy unslabbed coins) -- the variety (posted on the slab or my evaluation) -- the rarity value (only R-1, R-2, R-3 and maybe R-4; things get VERY pricey after that) -- the Greysheet value adjusted for rarity plus 10-20%[/QUOTE]
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Comments Please on Collecting Large Cents - 1839 thru 1857
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