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Large Cent Purchase - 1797 NC-5
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<p>[QUOTE="Marshall, post: 1685121, member: 21705"]You have a coin with some provenance or history of ownership there. The L18 is probably an earlier Obverse Reverse designation. Perhaps Hayes. 69 refers to Sheldon's Identification for the variety. R4+ was the rarity rating at the time (now R3). 36 II is Sheldon's Obv Rev designation for the dies used on his 69. Then a complete designation of the Hayes 50 alternative designation. Ed Norwack 2/80 indicates the previous owner and the month and year that either Ed or the subsequent owner acquired the coin. It depends on the tracking system of the owner who made the notes. </p><p><br /></p><p>Be careful to retain these notes since it enhances the desirability of ownership for many who see provenance as an enhancement of the ownership experience.</p><p><br /></p><p>The chances are that the coin is properly attributed when it has such a provenance, but there have been a few exceptions (such as a misattributed 1799 S-188 which was called an NC-1 through several changes of ownership).</p><p><br /></p><p>If you can find a way to post pictures, several of us on CT would be glad to verify the attribution and than we can all play around with what we think EAC or TPG would grade this.</p><p><br /></p><p>In any event, congratulations on your entry into the world of variety appreciation.[/QUOTE]</p><p><br /></p>
[QUOTE="Marshall, post: 1685121, member: 21705"]You have a coin with some provenance or history of ownership there. The L18 is probably an earlier Obverse Reverse designation. Perhaps Hayes. 69 refers to Sheldon's Identification for the variety. R4+ was the rarity rating at the time (now R3). 36 II is Sheldon's Obv Rev designation for the dies used on his 69. Then a complete designation of the Hayes 50 alternative designation. Ed Norwack 2/80 indicates the previous owner and the month and year that either Ed or the subsequent owner acquired the coin. It depends on the tracking system of the owner who made the notes. Be careful to retain these notes since it enhances the desirability of ownership for many who see provenance as an enhancement of the ownership experience. The chances are that the coin is properly attributed when it has such a provenance, but there have been a few exceptions (such as a misattributed 1799 S-188 which was called an NC-1 through several changes of ownership). If you can find a way to post pictures, several of us on CT would be glad to verify the attribution and than we can all play around with what we think EAC or TPG would grade this. In any event, congratulations on your entry into the world of variety appreciation.[/QUOTE]
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