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Large Cent Purchase - 1797 NC-5
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<p>[QUOTE="beef1020, post: 1681966, member: 24544"]In Sheldon's book on large cents he separates out collectable varieties from non-collectable variates as those with 3 or more available to collectors vs those with <3 available. So for instance if there are 4 known of a variety to exist but 2 are in museums than the variety was a non-collectable.</p><p><br /></p><p>I think it was one of the largest mistakes he made in the book as it makes emission sequences very unintuitive. For the collectable varieties he listed them as S-1, S-2, S-3, ... S-295 in sequential order. But the non-collectable varieties start at NC-1 for each year. </p><p><br /></p><p>Additionally, as time passed, most of the NC varieties now have more than 3 available to collectors and are not truly non-collectable varieties, but because the Sheldon numbers are sequential from 1793 to 1814 there is no way to give the now collectable NC varieties an S- number. Right, you can't make the 1797 NC-5 now S-296 just because it's collectable because it messes up the whole numbering sequence. The middle late dates don't have this issue as the Newcomb number starts over each year at N-1... A new variety is found and it's generally added as the next available N number.</p><p><br /></p><p>So what exactly is a Sheldon set of large cents, does it include NCs or is it just S-1 through s-295? This problem also makes NCs generally less valuable than equally rare S- numbered varieties, as a lot of collectors do not include the NCs in their variety sets.[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 1681966, member: 24544"]In Sheldon's book on large cents he separates out collectable varieties from non-collectable variates as those with 3 or more available to collectors vs those with <3 available. So for instance if there are 4 known of a variety to exist but 2 are in museums than the variety was a non-collectable. I think it was one of the largest mistakes he made in the book as it makes emission sequences very unintuitive. For the collectable varieties he listed them as S-1, S-2, S-3, ... S-295 in sequential order. But the non-collectable varieties start at NC-1 for each year. Additionally, as time passed, most of the NC varieties now have more than 3 available to collectors and are not truly non-collectable varieties, but because the Sheldon numbers are sequential from 1793 to 1814 there is no way to give the now collectable NC varieties an S- number. Right, you can't make the 1797 NC-5 now S-296 just because it's collectable because it messes up the whole numbering sequence. The middle late dates don't have this issue as the Newcomb number starts over each year at N-1... A new variety is found and it's generally added as the next available N number. So what exactly is a Sheldon set of large cents, does it include NCs or is it just S-1 through s-295? This problem also makes NCs generally less valuable than equally rare S- numbered varieties, as a lot of collectors do not include the NCs in their variety sets.[/QUOTE]
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