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<p>[QUOTE=&quot;Leadfoot, post: 1094404, member: 2972&quot;]One the date...</p><p><br /></p><p>There are 10 varieties of 1818 large cents.&nbsp; What&#039;s different about the numbering of the middle dates (1816-1839) is that Newcomb starts at N-1 for every date, whereas Sheldon who preceeded him started at 1 and went sequentially regardless of year.&nbsp; This is where I think GDJMSP might have become confused.</p><p><br /></p><p>On the variety...</p><p><br /></p><p>The most common is N-10, the Randall Hoard coin, with the telltale circular die crack.&nbsp;&nbsp; The coin pictured in this thread is an N-7 (the placement of the 6th star against the tip of the coronet, and double dentil just left of date are the giveaways).&nbsp; While some believe there were a number of representatives of this variety in the Hoard, there is little doubt given the condition of the large cent in this thread that it was not part of that hoard (of primarily mint state coins, virtually all having some spotting and/or environmental damage).</p><p><br /></p><p>On the grading...</p><p><br /></p><p><b>PCGS graded the coin AU 55.</b></p><p><br /></p><p>I had no doubt whatsoever it would slab, but I had the coin at 54, as I was unsure if PCGS was going to go 53 or 55.&nbsp; Luster-wise it&#039;s more of a 50 or 53.&nbsp; However, the coin&#039;s eye appeal (color and strike and surfaces) more than make up for the bit of wear and luster imparement, or at least that&#039;s what made me buy the coin when it was presented, and I suspect PCGS would agree.&nbsp; If you don&#039;t, that&#039;s cool, but do me a favor and search eBay, TT, or Heritage for 1818 large cents in AU (or EAC dealer&#039;s tables in XF) and let me know if you find a more appealing one!</p><p><br /></p><p>On the price...</p><p><br /></p><p>PCGS price guide on this coin is $300, and I paid $400 for the coin from Tom Reynolds, a well-known EAC dealer.&nbsp;&nbsp; I thought, at the time, the price was a bit strong.&nbsp; However, I&#039;m not afraid to overpay a bit for coins that look like this one -- what I consider the perfect look for an EAC 45 coin with the tan color I really like too.&nbsp; If it were offered to me tomorrow at $400, I would buy it again -- and I think that&#039;s the truest test of a coin.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Thanks to all that posted on the thread -- I hope you all enjoyed it. </p><p><br /></p><p>&nbsp;On to coin #2....[/QUOTE]</p><p><br /></p>

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