1818 Large Cent, grade and value?

Discussion in 'US Coins Forum' started by TypeCoin971793, Jun 3, 2016.

  1. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    I am eying this and will probably buy it if the price is right. Your opinions? image.jpeg image.jpeg image.jpeg image.jpeg image.jpeg
     
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  3. chlorinated

    chlorinated Well-Known Member

    Nice looking coin. Is that i die crack circling the whole obverse or something on the flip?
     
  4. rooman9

    rooman9 Lovin Shiny Things

    Large cents aren't my specialty (at least not the US ones) but I think that is a nice coin.
     
  5. robec

    robec Junior Member

    This has to be from the Randall Hoard. All the 1818's from this hoard had this great looking die crack circling the whole obverse.
     
  6. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    That is a gorgeous coin. I am far from knowledgeable on this series but that looks to be at least an XF/AU and possibly MS? The features are all very full and well struck and there doesn't appear to be any smoothing at all. The plastic flip may be hiding something - but wow... :)

    Nice score!
     
  7. NSP

    NSP Well-Known Member

    Assuming it hasn't been cleaned or otherwise harmed, I'd say it's a really nice AU. Definitely a nice coin.
     
  8. SuperDave

    SuperDave Free the Cartwheels!

    That's the hallmark crack of the N-10 variety, which - as Bob mentions - were quite well represented in the Randall Hoard. Well enough to make it by far the most common 1818 variety, as well as (with 1820) the easiest found in Mint State. With this in mind, one might reasonably draw the conclusion that at least this part of the Hoard was acquired directly from the Mint, or at least before the coins circulated, and it would therefore tend to argue that "slider" examples will likely be Mint State coins.

    As I'm inclined to think this one is. :)

    They're probably a tad overvalued as a result.
     
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  9. beef1020

    beef1020 Junior Member

    Those pictures are a tough sell for me. It may be the lighting, but that matte appearance on old copper indicates a cleaning/re-toning to me. It may look better in hand, but with that much detail I would expect some luster and that coin looks pretty lifeless. The last reverse shot looks better, but the earlier pictures make it look pretty dull. Again, it may just be the pictures.
     
  10. Insider

    Insider Talent on loan from...

    IMO, the coin is NOT from the Randall Hoard. As SD said it is N-10. The surface is not original and the coin grades at least AU-55 "Details" due to corrosion.
     
  11. Mainebill

    Mainebill Bethany Danielle

    Looks like a little bit of crust around 10 o'clock but I think not enough for a details grade. I don't see anything wrong with the surfaces or any obvious wear. In my opinion lower ms due to the dings and nicks. 62 id call it maybe 63 on a good lenient day
     
  12. Browns Fan

    Browns Fan Active Member

    Beginner here..........such a great, bold liberty, but not so great a strike on most of the stars and some rim dings. Are those just features of the strike? Nice coin though!
     
  13. Insider

    Insider Talent on loan from...

    Liberty is usually not important on Large cents. Do you have a grading guide yet? The weakness you describe is common. This coin is so close to uncirculated - stars and all - that many collectors would consider it so.
     
  14. mark_h

    mark_h Somewhere over the rainbow

    Do you get to see it in hand? From the pictures it looks flat and lifeless like it has been re-colored. With the hits I see on it I would put it XF range, maybe low AU. The main concern is the colors in the pictures and all of the rim chatter around the coin.
     
  15. Insider

    Insider Talent on loan from...

    IMO, The coin has funky "greenish-brown" color in one photo. The surface does not look natural. Reason the coin would probably grade AU-58 is the lack of friction on the high parts - that is fact not opinion. ALL the detail is present. Note: all the marks on the coin DO NOT drop it out of the AU range. Due to the corrosion It might Net Grade (which I hate) as an AU-50.
     
  16. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    Well, it sold for $200 before I really has the chance to consider it. I guess I'll just use that money to buy something I want more.

    http://www.ebay.com/itm/282054565475?_trksid=p2060353.m1438.l2649&ssPageName=STRK:MEBIDX:IT

    I disagree with the comments about this being a cleaned/XF coin. The lighting is making the coin look very dark, but the last picture seems to have a more accurate color to it. The images were compressed going into CoinTalk, so the appearance of luster was distorted. This coin is fully lustrous, even though the pictures may not look like it.
     
  17. mark_h

    mark_h Somewhere over the rainbow

    I was netting it at XF for the color and hits - should have made that clearer. I was thinking the color is hiding potential rubs on the high spot dropping it to AU(in my opinion from the pictures and angles). Then start tossing in the hits I was netting to XF range. Plus I was thinking that was more a hit near the edge on the obverse around 10-11 o'clock, but looking again I think you are right it looks like corrosion, which might explain the cleaning and recoloring. I am now thinking you are correct it would net at AU details.
     
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  18. beef1020

    beef1020 Junior Member

    You are right that the eBay pictures are a little better, and confirm to me that it's ms/au details with a cleaning and recoloring. The skin is not original, it's not even close. And I say maybe au details because the difference between those two grades is a small amount of breaks in the luster at the highest points, but with the recoloring there is no more luster, so finding breaks is impossible. Stripped and retoned coins can hide a small amount of wear, the amount of wear that takes a coin from ms to au...
     
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