I recently acquired a Flowing Hair Chain Cent and was just wondering what everyone's opinions are on this coin? What would be a rough guess on value? Sorry for the crappy Iphone pictures in advance, I will try to get better ones when I am able to. Thanks
PCGS says it is worth around $2700 in PO-01. Yours is damaged, so $2000. Realistically, expect no more than $1000. I personally would pay no more than $500 for it.
Gosh, there sure is not much left of that poor old thing. Ha, ha! Regardless, your coin is still very rare and amazingly valuable even in that condition. Probably $1,500 whole sale.
I would say a P-01 with damage like yours would top out at about $1200. Given spirited bidding in the appropriate setting. On eBay, expect to get $800-900. Getting it certified, even as a details coin, would be a reasonable investment - you'd probably sell it more quickly if it was authenticated.
Thanks for your opinions and thoughts guys, Who should I go through to have it authenticated and graded? Thanks.
I bought it from a older lady (early 80's) that had a large collection of US large cents that she said her father had collected over the years
I think it would be a good idea. I don't think you'll get more for it per se, but you will probably sell it more quickly. It also certifies the authenticity, which allows you to breathe a sigh of relief when selling.
Shoot, I totally missed the "Who" in your question. Yes, I would say PCGS on a chain cent. They seem to dominate the market for this type.
Thanks. I knew you could give me an alternative ID reference to look for. I was trying to "imagine" whether the LI spacing was close or distant.
I checked that out too. But the Y is above the eye so that eliminated it. That alone gives hope that even a low grade example can be identified.
There are more and more people who have no clue that the amounts are for problem free coins in the grade. There are VERY FEW problem free coins in copper, so that pricing is rarely relevant. I agree that many prices for coins with severe problems are being driven by books and price reports that are not understood. But at some point, the market (even if acting from ignorance) changes the price point, not visa versa.