Login
Password

Forgot your password?

How To Grade United States Large Cents

By Edited Oct 15, 2015 2 0

Graded 1795 United States Large cent

How to grade United States large cents is actually an acquired talent. Some folks will have a natural eye and others will need to study mountains of images before they know a good coin from a slug. Gaining this knowledge however can be worth its weight in gold in the copper collecting world.

Some coins will vary in price by thousands of dollars as the condition or grade rises. Some coins in uncirculated condition are reported as finest known and command a priceless tag as many people want what only one can have. Finding this one of a kind coin at a flea market or yard sale, or even acquiring it from an obscure on line auction, is virtually impossible if you don't know what your looking for.

Different series of US large cents will require different areas be looked at for circulation wear and strength of the strike. As we go back in time the early years will receive a much more liberal grading practice as they are crude and were manufactured with antiquated equipment and individually hand cut dies.

Newer large cents such as the coronet and matron head cents, will be held to a much higher standard as they were made more recently when the mint had upgraded their machinery and new striking methods made a much better product.

Taking these variables into account when grading any coin is only the beginning. We must also be aware of cleaned coins and counterfeits. Sliders that are over graded can cost you a loss. They are labeled one grade higher then they will ever make and they will bring the price at sale for that one grade lower which could mean a substantial monetary loss on some coins.

Care must be taken when any high grade large cent is purchased. If you are not very good at grading what your buying then you should stick to certified coins and only the top grading agencies should be trusted. This is PCGS or NGC. They are the top two and all of their coins are well accepted to make the grade they are assigned.

Some of us just love a raw copper cent. We want to hold them in our hand and take that journey back in time imagining maybe Thomas Jefferson or Paul Revere could have tipped a stable boy with that coin three hundred years ago. The history that this series of coinage has seen spans three centuries and all numismatic collectors are inspired to collect these half dollar sized beauties.

 

 

Grading United States Flowing Hair Cents

The beginning of the US mint

Grading flowing hair cents is a very specialized area of numismatics. So many counterfeits exist that some can deceive even the best of them. High tech millicron machines that are computerized and capable of making an exact copy of anything are now being used to reproduce these treasures create huge profits by deception.

Real copper cents have heart. The difference lies in the copper blanks that are never two hundred years old when they start out to be a fake coin. Patina is very hard to reproduce on a copper coin of this age. Experts have come up with different ways to identify the fake coins and devalue them in the market.

When a coin is of this age, rarity and has such a high demand you should only deal in certified coins that someone with extensive experience has documented. Below are some different grades for this series listed from the best example to the most worn.

If you follow down you will notice areas of the coin that wear over time in circulation and the ones that will stand out are features that disappear over time. This is how experts grade these coins, by how much detail has been worn away as well as the type of life the coin may have lived. This includes any environmental damage that will significantly reduce the value of the coin.

 

 

1793 United States Large Cent Chain Type

AU-58 Condition

MS-53 1793 United States Large Cent

1793 United States Large Cent Chain Type

AU-53 Condition

1793 US Large Cent MS-53

1793 United States Large Cent Chain Type

XF-45 Condition

1793 United States Large Cent XF-45

1793 US Large Cent Chain Type

VF-20 Condition

1793 Large Cent VF-20

1793 United States Large cent Chain Type

VG-10 Condition

1793 United States Large Cent VG-10

1793 US Large Cent Chain type

VG-8 Condition

1793 United States Large Cent VG-8
Mixed Pre-1965 US Silver Coins - $1.00 Face Value
Amazon Price: $34.50 Buy Now
(price as of Oct 15, 2015)

Study Your Series Until You're The Specialist

Know The Coins Your Buying

As you can see, the features of the images on the coin diminish as the grade drops. This is true for any coin in circulation and the grading standards are all based on a one to seventy scale. In the case above the prices for the different grades are separated by thousands of dollars. Making a mistake with the grade of a coin in this caliber can be financially disastrous. Know the coins your buying are what their represented to be.

Later years within this series follow the same principles and go up in price with grade just as the earlier rarities. Each coin will have a different area of wear. The higher features will wear out faster and older coins are made of softer copper. There is again a small amount of lead way given for the age of the early coppers. Newer years must be nicer then the coins pictured in this article as they were nicer when they were struck.

The main objective to be a good coin grader is going to be practice. Look at hundreds of examples on line and go to coin shops and auctions and use eBay to research any series you are going to specialize in. Trying to gain insight into the whole large cent series can come later. You should definitely start with one type of copper cent and then once you have your favorite down move on to more types.

 

 

Graded 1795 United States Large cent
Advertisement
Advertisement

Comments

Add a new comment - No HTML
You must be logged in and verified to post a comment. Please log in or sign up to comment.

Explore InfoBarrel

Auto Business & Money Entertainment Environment Health History Home & Garden InfoBarrel University Lifestyle Sports Technology Travel & Places
© Copyright 2008 - 2016 by Hinzie Media Inc. Terms of Service Privacy Policy XML Sitemap

Follow IB Entertainment