Post Your Old Copper

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I have to admit, I'm more attracted to the 1798. The Chain doesn't have enough meat left to really get my juices flowing. Unfortunately, I can't really afford one with VF detail like the '98.

Here is the coin Mark is referring to:

 

Some really beautiful coppers posted so far in this thread!

Here are some more of mine:

 

Some more of my old friends:

 

Both of those old buddies of mine suffer from imperfections (corrosion), but still have enough appeal to merit my love.

 

Someone messed with these years ago but I still like them.

 

This one needs some help but I hate to risk it.

 

Love that '38, Eduard!

Here's my example of the same date -- and I like yours better.

 

You might consider it softly struck because of the stars, but frankly, that's par for the course for most varieties/examples in the middle to late 1830s, and the coin is actually above average for the date. Very sharp centrally and the reverse is strong in all but a leaf or so too. Nice coin!

 

Beautiful coins everyone. I will have to dig around for some more of mine.

 

A few two centers:


I think I still have these:

 

I love the look of MS BNs too. You got a great coin for less than it went for in '07.

 

Thanks—for your compliment and info. I'd be curious to get your take on the grade (luster is full).

 

I don't think that coin needs any help!!! Sure, it's got some schmutz in the recesses, but I'd take one of those coins over 199 recolored examples so typical of these coins.

 

You are welcome.

The luster doesn't appear full in the photo. Presuming it is, I'd TPG grade the coin 65BN. Doesn't have the 'look' that NGC likes in 66 BN, but that's certainly a possibility (as is a 64 is the luster is barely impared as the photo suggests to me). An EACer would likely grade it 55-ish. All IMO, of course.

 

Thanks. I had a chuckle over your comment about robec's piece (NGC 66 or PCGS 65) so I was kind of expecting your answer. It's NGC 66BN. I paid low-66 money for it; would be happy if it crossed to PCGS 65+; not so much if only to 65. I think you'd approve of the luster in-hand (but maybe not).

How's your house? Feel like home yet?

 

It does indeed. Thanks for asking. Oddly enough, I was distracted last night driving home from dinner, and accidentally pulled into my old place -- old habits die hard. lol

Back to the topic at hand.....

As for the way NGC and PCGS grade these coins, I would fully expect a 65 grade from PCGS. In fact, I would bet on it.

PCGS and NGC simply grade to a different standard in the 65/66 realm (incidentally the same thing can be said of the AU realm, NGC 58 specifically) -- not right, not wrong, but different.

We, as collectors, need to take that into account when we figure out what price to pay for these coins (or more accurately, the expectation of their grade/value should they be crossed/sold).

NGC 66 BN are dangerous coins, in my experience. They are in those NGC slabs for a reason. Think about it.

That's not to say that NGC 66 BN large cents aren't attractive -- to the contrary, they tend to be precisely that -- however, it makes valuing them a bit more challenging on both the buy and sell side.

I do not own a single NGC 66 BN piece of copper because they tend to be overpriced in my eyes. That said, if you like the coin and the price, I'll never second guess that decision -- it's yours to make not mine!

All of the above IMO, and based solely on my experience.

Now, to get this thread back on track, here's a classic head:




Take care....Mike

 

That's funny!

With my experience being much less than yours, I would nonetheless agree with everything you say. I paid low NGC 66 money for this and feel (at least hope) it would fetch something close when it comes time to sell. It certainly compares favorably to NGC 65s I've seen.

Thanks again. BTW, nothing wrong, I don't think, with a lesson on grading in this thread; it can be helpful to many.

--David

 

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