Early large cents ruled Ira and Larry Goldberg’s Feb. 12 pre-Long
Included was a set of 150 large cents from the collection of Haig
Koshkarian emphasizing varieties listed in the accessible A Guide
Book of United States Coins (or to most collectors, simply the
“Red Book”) along with 85 early large cents from copper dealer Tom
Reynolds. Pierre Fricke’s Color Set offered a showing of the wide
variety of colors found on early American copper coins and Charles
Heck’s collection featured over 100 1794 Liberty Cap cents.
Finally, Bruce Tucker’s collection of 1816 to 1857 large cents
rounded out the offerings. The Goldbergs offered separate sessions
with additional U.S. coins, as well as world and ancient coins.
Here is one of three large cents sold during the Goldberg’s sale
that we’re profiling in this latest Market Analysis.
1793 Liberty Cap cent, Extremely Fine 45
From the Koshkarian Collection came an incredible 1793 Liberty Cap
cent graded Extremely Fine 45 by Professional Coin Grading Service,
listed as Sheldon 14 by Dr. William H. Sheldon in Early American Cents.
Franklin half dollar’s most interesting variety: Inside Coin World:
It's a great example of how a particular variety can stand out as
a rarity from an otherwise common and unremarkable issue.
Three types of large cents were struck in 1793: the famed Flowing
Hair, Chain; the Flowing Hair, Wreath; and the Liberty Cap, Wreath.
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The bisecting die crack on the obverse is hard to miss, and the
offered example was a late die state (meaning it was struck late in
the life cycle of the dies). As cataloger Bob Grellman observed:
“Glossy medium to dark chocolate brown and steel with lighter brown
toning in a few of the protected areas. The surfaces are smooth, void
of any trace of corrosion or verdigris.” It sold for $199,750.
Liberty Cap large
cent: Following only a few months’ worth of Flowing Hair
cent production, striking of the 1793 Liberty Cap, Wreath cent began
in early September 1793, and a completely new, less
"savage" Liberty portrait was created. How much are
Liberty Cap large cents worth?
When asked about selling his collection the consignor said, “I am
going to miss my Large Cents. They probably spent more time than they
should have at home where I could look at them, rather than in their
other home in a bank safe-deposit box.”
Keep Reading Analysis of Large Cents Sold by Goldberg:
1827 Coronet cent grade in brown
category doesn’t mean it’s completely without red:
Third-party grading services generally group Mint State U.S. copper
coins into three color categories: red, red and brown, and brown.
Some are tough to peg.
Tom Reynolds lets go of
gold-stickered ‘essentially flawless’ Liberty Cap cent:
“It’s obvious this cent never saw any circulation, but it may have
a touch of ‘cabinet friction’ on the obverse.”