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What will PCGS say? Coin 4 of 10 - 1840 large cent
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<p>[QUOTE="mark_h, post: 1101594, member: 3726"]Yes - you make sense all the way thru and you actually ask some good questions. I will readily admit I can not answer some of them. I do not know any formula for determing a good price on large cents. I did see where he paid $875 for it in 2007 - I am not sure how much large cent prices might have flucuated in the two years. And plus your grade could be right - but even in a 62 holder I would still grade it AU.</p><p><br /></p><p>Leadfoot and others know a whole lot more about these than me. While I have a mostly completed album of large cents(I just love these puppies) I still consider myself a newbie. The one thing I do know is some dates and varieties sell for good premiums.</p><p><br /></p><p>Now personally(and I could be wrong) I think the coin you linked to is a very nice AU coin graded 62. Based off the pictures I think I see a touch of wear. Now search on 1840 N-9 - I found 3 coins. One an AU-58 a reiver coin - which I think is over graded by NGC. Looks like an XF coin to me. Keep in mind these are my humble opinions - lordie knows I can be completely off base. But it is what I see. I guess my bottom line is I have seen some nice coins and wondered why people paid the premium they paid. And I honestly think in some cases(not all) I am missing the boat in comparing the coins in that grade.[/QUOTE]</p><p><br /></p>
[QUOTE="mark_h, post: 1101594, member: 3726"]Yes - you make sense all the way thru and you actually ask some good questions. I will readily admit I can not answer some of them. I do not know any formula for determing a good price on large cents. I did see where he paid $875 for it in 2007 - I am not sure how much large cent prices might have flucuated in the two years. And plus your grade could be right - but even in a 62 holder I would still grade it AU. Leadfoot and others know a whole lot more about these than me. While I have a mostly completed album of large cents(I just love these puppies) I still consider myself a newbie. The one thing I do know is some dates and varieties sell for good premiums. Now personally(and I could be wrong) I think the coin you linked to is a very nice AU coin graded 62. Based off the pictures I think I see a touch of wear. Now search on 1840 N-9 - I found 3 coins. One an AU-58 a reiver coin - which I think is over graded by NGC. Looks like an XF coin to me. Keep in mind these are my humble opinions - lordie knows I can be completely off base. But it is what I see. I guess my bottom line is I have seen some nice coins and wondered why people paid the premium they paid. And I honestly think in some cases(not all) I am missing the boat in comparing the coins in that grade.[/QUOTE]
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What will PCGS say? Coin 4 of 10 - 1840 large cent
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