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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
 Posted - 03/29/2009 : 18:41:18
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bought a small bag of halves from a dealer. Paid 10.35x face. Lemon Jr. (6 yrs old) found this one:
1892-S. I'm guessing its a little better than Good-4. You can read "E. Pluribus Unum" fairly well, althought there are 2 nicks - 1 in the neck and 1 below the chin. At G-4, value is $260. Would appreciate others thoughts on grade and value.
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Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 03/29/2009 : 18:57:28
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| Easily F15 IMO, possible little higher |
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fb101
Administrator
USA
2856 Posts |
Posted - 03/29/2009 : 19:02:21
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Per Photograde; G-4
For VG-8 you have to be able to see 3 letters in "liberty" even if its 2 wholes and two half letters.
F needs a full "liberty" |
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aaron239
Penny Collector Member
USA
260 Posts |
Posted - 03/29/2009 : 19:03:14
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Nice Find!
I agree with oober on the condition as well. |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 03/29/2009 : 19:48:57
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quote:
Originally posted by fb101
Per Photograde; G-4
For VG-8 you have to be able to see 3 letters in "liberty" even if its 2 wholes and two half letters.
F needs a full "liberty"
My bad then, but its tough to read liberty on a good barber... lol
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 03/29/2009 : 22:20:13
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| I was going to guess G-6 to VG-8 upon first look, but fb101 is right about the letters in Liberty. Either way, that's a heck of a find for 10.35x face. Even if it was a common date, he would have done well. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 03/30/2009 : 05:24:18
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quote:
Originally posted by CoinHunter53562
I was going to guess G-6 to VG-8 upon first look, but fb101 is right about the letters in Liberty. Either way, that's a heck of a find for 10.35x face. Even if it was a common date, he would have done well.
what do you think about the nicks at the neck and chin? is that to be expected, or would it subtract value? anyway, I have no plans to sell it - has a lot of sentimental value all of a sudden. its just with a coin this rare small differences in condition affect the value significantly. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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vrbsroma
Penny Collector Member
394 Posts |
Posted - 03/30/2009 : 12:28:21
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| Nice find, jr.! Quite a start! Reminds me of when I would look through my Dad's change and pull out all the shiny ones... |
As far as I know, it is stated "In God We Trust" on the US dollar. How can I trust this currency if I do not believe in God?
Possession is nine-tenths of the law.
When I give my two cents, they're always copper! |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 03/30/2009 : 20:15:54
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| Got that from a dealer. I bet he bought the bag and never bothered to look in it! Nice find! |
Copper Penny Investing
www.portlandmint.com |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 03/30/2009 : 20:23:25
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quote:
Originally posted by Lemon Thrower
quote:
Originally posted by CoinHunter53562
I was going to guess G-6 to VG-8 upon first look, but fb101 is right about the letters in Liberty. Either way, that's a heck of a find for 10.35x face. Even if it was a common date, he would have done well.
what do you think about the nicks at the neck and chin? is that to be expected, or would it subtract value? anyway, I have no plans to sell it - has a lot of sentimental value all of a sudden. its just with a coin this rare small differences in condition affect the value significantly.
Worst case scenario you would have a net G-4 coin with G-6 to VG-8 details. I look it at this way...just a tad over 1 million were minted, it's from the 1st year of a popular series, and who knows how many are left after the mass coin meltings that have happened over the years. If you would like, I could look at my current Coin Prices magazine and compare it to some from years past to see how the value of this is trending. If I had it, I would probably sell it for a profit and acquire more silver or gold.  Let me know if you want me to look up past values. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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Edited by - CoinHunter53562 on 03/30/2009 20:35:38 |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 03/30/2009 : 20:45:26
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thanks guys.
you confirmed what i was thinking - probably G-4 with the possibility of 6 or 8. I saw a G-4 not as nice as this sell on ebay recently for $235 so I have an idea of value. I'm an amateur when it comes to grading so you all have been a big help.
if I had found this, I wouldn't hesitate to sell and turn it into more silver or gold. but its got a lot of sentimental value now because my 6-year old found it. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 04/01/2009 : 12:08:39
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| just bought another bag from this dealer. can't wait. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 04/01/2009 : 14:49:13
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quote:
Originally posted by Lemon Thrower
thanks guys.
you confirmed what i was thinking - probably G-4 with the possibility of 6 or 8. I saw a G-4 not as nice as this sell on ebay recently for $235 so I have an idea of value. I'm an amateur when it comes to grading so you all have been a big help.
if I had found this, I wouldn't hesitate to sell and turn it into more silver or gold. but its got a lot of sentimental value now because my 6-year old found it.
Understandable....and since your 6-year old son found it, let's go with G-6 as the grade.  |
My hobby: collecting real money 1 copper cent or nickel at a time.
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 04/01/2009 : 14:50:07
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quote:
Originally posted by Lemon Thrower
just bought another bag from this dealer. can't wait.
What price did you get on this bag? Best of luck to you...I hope you make another nice find like the first one. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 04/01/2009 : 16:03:53
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| 10.59 times face. last bag was 40%+ walkers, 40%+ Bens, and this Barber. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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Topic |
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Jackpot! (half dollars)
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