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FS: 1813 large cent NGC AU-50 BN
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FS: 1813 large cent NGC AU-50 BN
"Denis Loring" wrote in
oups.com: For sale: 1813 S-292 large cent. Broken out of an NGC AU-50 BN slab (insert comes with the coin), EAC grading VF-35, medium brown, no major defects. $2350. I can send an image if you're interested. Thanks. Denis Loring Just curious (not that I could afford such a coin anyway), but why would you break that coin out of an NGC AU-50 holder and have it graded EAC VF-35? I'll admit, I'm ignorant about early copper and the EAC - could use a bit of edumakashun. Thanks! -- Eric Babula Clueless in Milwaukee, Wisconsin, USA |
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FS: 1813 large cent NGC AU-50 BN
edumakashun comin' up...
I've been specializing in early copper since 1965. EAC people ignore the slab grade. We use much stricter standards, which incorporate surface quality, defects such as field marks and edge problems, and color as well as sharpness. Copper can deteriorate in a slab, and in any event I want to be able to hold and examine the coin "up close and personal." In fact, the same goes for all of my coins (I also collect Bust quarters and random "neat coins"). Most of my purchases are in slabs -- such is the market -- and I break 'em out as soon as I get them. I don't collect MS coins, so losing thousands of dollars because my 69 might really be a 68 isn't an issue. I cheerfully admit admit to being a numismatic dinosaur: I collect coins, not labels. Denis Eric Babula wrote: "Denis Loring" wrote in oups.com: For sale: 1813 S-292 large cent. Broken out of an NGC AU-50 BN slab (insert comes with the coin), EAC grading VF-35, medium brown, no major defects. $2350. I can send an image if you're interested. Thanks. Denis Loring Just curious (not that I could afford such a coin anyway), but why would you break that coin out of an NGC AU-50 holder and have it graded EAC VF-35? I'll admit, I'm ignorant about early copper and the EAC - could use a bit of edumakashun. Thanks! -- Eric Babula Clueless in Milwaukee, Wisconsin, USA |
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FS: 1813 large cent NGC AU-50 BN
Congratulations on being a numismatic dinosaur, if only there were more like
you around. Come to the UK as we're all like you over here. Billy "Denis Loring" wrote in message ps.com... edumakashun comin' up... I've been specializing in early copper since 1965. EAC people ignore the slab grade. We use much stricter standards, which incorporate surface quality, defects such as field marks and edge problems, and color as well as sharpness. Copper can deteriorate in a slab, and in any event I want to be able to hold and examine the coin "up close and personal." In fact, the same goes for all of my coins (I also collect Bust quarters and random "neat coins"). Most of my purchases are in slabs -- such is the market -- and I break 'em out as soon as I get them. I don't collect MS coins, so losing thousands of dollars because my 69 might really be a 68 isn't an issue. I cheerfully admit admit to being a numismatic dinosaur: I collect coins, not labels. Denis Eric Babula wrote: "Denis Loring" wrote in oups.com: For sale: 1813 S-292 large cent. Broken out of an NGC AU-50 BN slab (insert comes with the coin), EAC grading VF-35, medium brown, no major defects. $2350. I can send an image if you're interested. Thanks. Denis Loring Just curious (not that I could afford such a coin anyway), but why would you break that coin out of an NGC AU-50 holder and have it graded EAC VF-35? I'll admit, I'm ignorant about early copper and the EAC - could use a bit of edumakashun. Thanks! -- Eric Babula Clueless in Milwaukee, Wisconsin, USA |
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FS: 1813 large cent NGC AU-50 BN
"Denis Loring" wrote in
ps.com: edumakashun comin' up... I've been specializing in early copper since 1965. EAC people ignore the slab grade. We use much stricter standards, which incorporate surface quality, defects such as field marks and edge problems, and color as well as sharpness. Copper can deteriorate in a slab, and in any event I want to be able to hold and examine the coin "up close and personal." In fact, the same goes for all of my coins (I also collect Bust quarters and random "neat coins"). Most of my purchases are in slabs -- such is the market -- and I break 'em out as soon as I get them. I don't collect MS coins, so losing thousands of dollars because my 69 might really be a 68 isn't an issue. I cheerfully admit admit to being a numismatic dinosaur: I collect coins, not labels. Denis Thanks, Denis! Stuff I did not know. I really don't know enough about early copper - maybe it's time to read up some. I do have a few early copper coins, but I was always more attracted to shiny silver. I do love the designs of Half Cents, Large Cents, Two Cents, FECs (are FECs considered 'early copper'?)! I have veered from my usual silver purchases toward those coins occasionally because of the beauty of them, but then I remember my collecting goals, and go back to silver. Also, I'm probably not getting good deals, because I don't know enough about early copper. Also, congrats on being a numismatic dinosaur! Just make sure 'your kind' doesn't go extinct! The pull that the TPG services have on us as collectors is great, and Market Grading and ebaY grading sucks! I, myself, try stick tight to the Official ANA Grading Standards for US Coins. I'd rather be considered a conservative grader, than lie to the people potentially buying coins I have for sale. So, thanks for the edumakashun, Denis! -- Eric Babula A little less clueless in Milwaukee, Wisconsin, USA |
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FS: 1813 large cent NGC AU-50 BN
"Denis Loring" wrote in
oups.com: To learn the basics about EAC, check out its website: www.eacs.org. To see EAC grading, go to Heritage's website and take a look at the catalog of the Jules Reiver collection Part 1, January 2006. There you'll see both the slab grades and Mark Borckardt's and my EAC grades (we did them together). If you want to have your cents graded EAC-style, you'll have to show them to someone who knows how to grade early copper by those standards. If you want to send me images (offline; send to ) I'll be happy to take a shot at it, but EAC grading should really be done in person. Denis Denis - I have a couple NGC Jules Reiver coins. I wonder how close the NGC grades are to EAC grades. Looks like EAC has graded most of the NGC MS-XX coins down to AU-50ish. That's not good for me! I have an 1851 Large Cent (NGC MS-62) and an 1854 Large Cent (NCG MS-61). If EAC would typically downgrade these to AU-50, that doesn't bode well for my 'investment', now, does it? Maybe I could try to image these two coins and send them to you for your expert eye to look at them. Or, if you live in the Milwaukee, WI area, maybe we could meet in person, somewhere. -- Eric Babula Milwaukee, Wisconsin, USA |
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FS: 1813 large cent NGC AU-50 BN
If you go to the Heritage website and pull up the Reiver catalog, you
can find your coins and see the EAC grades. I wouldn't worry about your "investment" (sidebar: I hope you're collecting and not investing). Slab buyers won't care about EAC grades. If you tell me the lot numbers I'll look at the Heritage images, though odds are I'll agree with the EAC grades in the catalog. Denis Eric Babula wrote: "Denis Loring" wrote in oups.com: To learn the basics about EAC, check out its website: www.eacs.org. To see EAC grading, go to Heritage's website and take a look at the catalog of the Jules Reiver collection Part 1, January 2006. There you'll see both the slab grades and Mark Borckardt's and my EAC grades (we did them together). If you want to have your cents graded EAC-style, you'll have to show them to someone who knows how to grade early copper by those standards. If you want to send me images (offline; send to ) I'll be happy to take a shot at it, but EAC grading should really be done in person. Denis Denis - I have a couple NGC Jules Reiver coins. I wonder how close the NGC grades are to EAC grades. Looks like EAC has graded most of the NGC MS-XX coins down to AU-50ish. That's not good for me! I have an 1851 Large Cent (NGC MS-62) and an 1854 Large Cent (NCG MS-61). If EAC would typically downgrade these to AU-50, that doesn't bode well for my 'investment', now, does it? Maybe I could try to image these two coins and send them to you for your expert eye to look at them. Or, if you live in the Milwaukee, WI area, maybe we could meet in person, somewhere. -- Eric Babula Milwaukee, Wisconsin, USA |
#9
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FS: 1813 large cent NGC AU-50 BN
"Denis Loring" wrote in
oups.com: If you go to the Heritage website and pull up the Reiver catalog, you can find your coins and see the EAC grades. I wouldn't worry about your "investment" (sidebar: I hope you're collecting and not investing). Slab buyers won't care about EAC grades. If you tell me the lot numbers I'll look at the Heritage images, though odds are I'll agree with the EAC grades in the catalog. Denis Denis - The 1851 is Lot 20483, Auction 390 - NGC MS-62BN, EAC XF-45. The 1854 is Lot 20597, Auction 390 - NGC MS-61BN, EAC AU-50. I did not get them from Heritage, rather, from ebaY. Sure does look like EAC is much tougher on these coins than NGC was! Yikes! Now, I don't pretend to be an expert in grading anything, much less Large Cents, but, I can't understand how EAC got XF-45 from that 1851. Looking at the ANA Grading Standards for US coins, I'm just not seeing all the wear that someone must have. XF-45 seems harsh to me. Same goes for the 1854. I'm just not understanding those EAC grades. Can others view the large Heritage pics? What do you think? I'm certainly missing something. Time to go to the EAC website and see what I can learn about their grading standards, as opposed to the ANA Grading Standards. So, what would/should these two go for in today's market? Good God - looks like I would lose a bundle if I were to put them for sale! -- Eric Babula Milwaukee, Wisconsin, USA |
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FS: 1813 large cent NGC AU-50 BN
I looked at the images. I agree with the EAC grades.
Lot 20483: notice the wear on the top three hair strands, the bun, and the hair merging with the ear. Brought $204 in the sale. Lot 20597: less wear, but the "red patina" at stars 1-2 is distracting, as are the surface marks. Frnkly, some might call this a net 45 as well. Brought $156. I don't know what these would bring today. Fortunately, if you like them, it doesn't matter. Enjoy them! Denis Eric Babula wrote: "Denis Loring" wrote in oups.com: If you go to the Heritage website and pull up the Reiver catalog, you can find your coins and see the EAC grades. I wouldn't worry about your "investment" (sidebar: I hope you're collecting and not investing). Slab buyers won't care about EAC grades. If you tell me the lot numbers I'll look at the Heritage images, though odds are I'll agree with the EAC grades in the catalog. Denis Denis - The 1851 is Lot 20483, Auction 390 - NGC MS-62BN, EAC XF-45. The 1854 is Lot 20597, Auction 390 - NGC MS-61BN, EAC AU-50. I did not get them from Heritage, rather, from ebaY. Sure does look like EAC is much tougher on these coins than NGC was! Yikes! Now, I don't pretend to be an expert in grading anything, much less Large Cents, but, I can't understand how EAC got XF-45 from that 1851. Looking at the ANA Grading Standards for US coins, I'm just not seeing all the wear that someone must have. XF-45 seems harsh to me. Same goes for the 1854. I'm just not understanding those EAC grades. Can others view the large Heritage pics? What do you think? I'm certainly missing something. Time to go to the EAC website and see what I can learn about their grading standards, as opposed to the ANA Grading Standards. So, what would/should these two go for in today's market? Good God - looks like I would lose a bundle if I were to put them for sale! -- Eric Babula Milwaukee, Wisconsin, USA |
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