Re: 1816 and 1822 Large Cents (better dates) at drastically reduced pricing!


"Bruce Remick" <remick@xxxxxxx> wrote in message
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"Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote in message
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"Bruce Remick" <remick@xxxxxxx> wrote in message
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"Ukraina Dvi" <sibirskmoneta@xxxxxxx> wrote in message
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"Ira" <iras4@xxxxxxx> wrote in message news:382a4287-b740-430e-af97-
i believe market grading definitely would come into play here. I would
be quite amazed if a grade of MS-61/2 BN was not achieved. Yet as we
both know, the coin is what it is. At $575 for a real nice clean
original surfaced piece, I believe this to be an outstanding value.

Ira

Yeah, I like it, even if Bruce sees a rub, and there probably is one on
the high point of the hair, but it is an attractive piece with lovely
chocolate toning, and original mint bloom peaking through the
chocolate. I just wish this had come along before I blew all the money
I did this month, rare Legal Tender and National Banknotes, then a
Queen Mary Ryal from Scotland, an 1880 Half Dollar in PF-62 etc etc.
Now if I can get that hoard of Nationals sold, then I have a heck of a
lot more spending dough. Oh gees, and Triton XII or whatever is coming
in January, and there goes more dough.

I don't mean at all to suggest it's not a beauty. It would be a nice
upgrade to my 1816 by far. My point is that the MS grade seems to be
assigned too liberally when it comes to especially attractive and well
preserved early coppers. Rub on the high points is overlooked if the
rest of the coin is exceptional.

PCGS and NGC can have all the proprietary grading standards and
motives they want. I may have difficulty telling an MS62 brown cent
from an MS63, but I believe I can tell a technical UNC large cent when I
see one -- 1806 or 1856 -- especially when the accepted grading guides
specify no trace of wear. Rub on the high points of a design has always
meant slight wear to me.

Penny Prices author Bill Noyes is unabashed in his assertion that "Slab
Grade MS65 = EAC MS60 or AU55." And that's the top two grading
companies; the rest, sez he, show "even more disparity."

James

Still, to me, when you go from AU to MS, you enter a whole new world.
It's either uncirculated or it isn't. Shouldn't need a TPG to determine
that in most cases. I think Noyes is a little over the top in trying to
make his point. Granted, EAC members have relatively strict grading
standards, but a blanket statement like Noyes made makes me wonder.

I do wonder how many EAC'ers have been sufficiently brainwashed to accept
AU55 money for their slabbed PCGS MS65 large copper. And I do respect
their grade interpretations, too.

My experience has been that EACers use commercial grading when selling and
EAC grading when buying. Wait, doesn't everyone?

James


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