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hone your grading (and buying) skills -- large cent v3
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<p>[QUOTE="Leadfoot, post: 126601, member: 2972"]While your pricing may be a bit off, this coin was (is) strongly priced for the grade, at least on the surface...</p><p><br /></p><p>Here are the auction grades for the last four XF 45s that sold at Heritage: $161, $230, $149.50, $126.50. However, I would expect NGC to grade the coin AU 55. The last three prices for AU 55 NGC coins at Heritage were: $373.75, $241.50, $230. This coin was better than all of them, by far. Given all these facts, I feel that $400 was a fair price, and I have decided to keep the coin.</p><p><br /></p><p>It is worth noting that 1818 was one of the dates included in the Randall Hoard, and prior to that was a much rarer date. While virtually all of those hoard coins are of a higher grade, not a single one that I've ever seen has as choice of surfaces, as the Randall Hoard was buried in kegs in damp ground and suffered for it. Most of the hoard coins look more like this 1820 (PCGS MS 64 BN):</p><p><br /></p><p><img src="http://i.pbase.com/v3/81/115381/3/51472213.1820onecentobverse700small2.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /><img src="http://i.pbase.com/v3/81/115381/3/51472224.1820onecentreverse675small2.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>The 1818 is not a hoard coin, IMHO.</p><p><br /></p><p>Thanks for all your responses and questions, and I hope you enjoyed the post and the coin. </p><p><br /></p><p>Take care...Mike[/QUOTE]</p><p><br /></p>
[QUOTE="Leadfoot, post: 126601, member: 2972"]While your pricing may be a bit off, this coin was (is) strongly priced for the grade, at least on the surface... Here are the auction grades for the last four XF 45s that sold at Heritage: $161, $230, $149.50, $126.50. However, I would expect NGC to grade the coin AU 55. The last three prices for AU 55 NGC coins at Heritage were: $373.75, $241.50, $230. This coin was better than all of them, by far. Given all these facts, I feel that $400 was a fair price, and I have decided to keep the coin. It is worth noting that 1818 was one of the dates included in the Randall Hoard, and prior to that was a much rarer date. While virtually all of those hoard coins are of a higher grade, not a single one that I've ever seen has as choice of surfaces, as the Randall Hoard was buried in kegs in damp ground and suffered for it. Most of the hoard coins look more like this 1820 (PCGS MS 64 BN): [img]http://i.pbase.com/v3/81/115381/3/51472213.1820onecentobverse700small2.jpg[/img][img]http://i.pbase.com/v3/81/115381/3/51472224.1820onecentreverse675small2.jpg[/img] The 1818 is not a hoard coin, IMHO. Thanks for all your responses and questions, and I hope you enjoyed the post and the coin. Take care...Mike[/QUOTE]
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hone your grading (and buying) skills -- large cent v3
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