1883 Proof Cent: Natural Toning or Cleaned? Expert Advice Requested

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RevElvisLee
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1883 Proof Cent: Natural Toning or Cleaned? Expert Advice Requested

#1 Unread post by RevElvisLee »

Hi Everyone,

I wonder if someone could give an educated opinion based on the photo. I do realize you may not be able to give a definitive answer without examining the physical coin, but I'd sure appreciate it if I could get some opinions. For not being a very pretty penny, it could potentially bring a pretty penny at auction according to PCGS Price Guide - IF it's legit. Thanks in advance!
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1883 IHC Proof.jpg
Just my two cents...
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Re: 1883 Proof Cent: Natural Toning or Cleaned? Expert Advice Requested

#2 Unread post by SensibleSal66 »

Hello . Beautiful coin. I'm not sure it's even a Proof ( only 6,609 minted ) . The toning looks legit, but I'm no specialist . Just for the sake of viewing , please post the reverse. Thanks
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Re: 1883 Proof Cent: Natural Toning or Cleaned? Expert Advice Requested

#3 Unread post by RevElvisLee »

SensibleSal66 wrote: Thu Oct 07, 2021 3:39 am Hello . Beautiful coin. I'm not sure it's even a Proof ( only 6,609 minted ) . The toning looks legit, but I'm no specialist . Just for the sake of viewing , please post the reverse. Thanks
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1883 IHC Proof (Reverse).jpg
Just my two cents...
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Re: 1883 Proof Cent: Natural Toning or Cleaned? Expert Advice Requested

#4 Unread post by RevElvisLee »

RevElvisLee wrote: Thu Oct 07, 2021 4:03 am
SensibleSal66 wrote: Thu Oct 07, 2021 3:39 am Hello . Beautiful coin. I'm not sure it's even a Proof ( only 6,609 minted ) . The toning looks legit, but I'm no specialist . Just for the sake of viewing , please post the reverse. Thanks
It was represented as being a proof, and the owner (who is a coin dealer) has offered it to me at what seems like a fair price - assuming it grades at a PR64BN or better. It looks more like a red-brown-blue-purple to me, but who knows what the PCGS voodoo magic would call it. Now, I'm not saying I want to buy it just to turn around and sell it, but a person wants to know the value is there. This would be the kind of thing I would leave to my son. Hopefully in the very distant future!
Just my two cents...
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Re: 1883 Proof Cent: Natural Toning or Cleaned? Expert Advice Requested

#5 Unread post by Daniel »

I would not buy such a coin that is not in a PCGS or NGC holder, the coin should have been sent off with this toning, it looks artificial. I don't think it's an ugly coin but potentially a problem coin.

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Re: 1883 Proof Cent: Natural Toning or Cleaned? Expert Advice Requested

#6 Unread post by Paul »

"This is a more common date and should be priced similar to the other dates from 1880-1882.
Examples with early die state features are a bit harder to find.
An early die state piece with crisp details should be worthy of a significant premium.
However the market places much more value on grade.
The astute collector will take advantage of this and try to find both high grade and early die state."
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Re: 1883 Proof Cent: Natural Toning or Cleaned? Expert Advice Requested

#7 Unread post by RevElvisLee »

Daniel wrote: Thu Oct 07, 2021 6:53 am I would not buy such a coin that is not in a PCGS or NGC holder, the coin should have been sent off with this toning, it looks artificial. I don't think it's an ugly coin but potentially a problem coin.
I don't think it's ugly either, I just couldn't resist the pun. Thank you for weighing in on this. I was speculating on buying the coin and submitting it for grading myself, betting on a high grade to make it worth my time and money. You most likely just saved me both. I've watched enough of your videos to know you've got the eyes to be able to make the determination. 👍
Just my two cents...
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Re: 1883 Proof Cent: Natural Toning or Cleaned? Expert Advice Requested

#8 Unread post by RevElvisLee »

Paul wrote: Thu Oct 07, 2021 9:48 am "This is a more common date and should be priced similar to the other dates from 1880-1882.
Examples with early die state features are a bit harder to find.
An early die state piece with crisp details should be worthy of a significant premium.
However the market places much more value on grade.
The astute collector will take advantage of this and try to find both high grade and early die state."
RICK SNOW

MINTAGE: 45,591,500 Number of obverse dies: 146
Average coins per die: 312,271
If you, Daniel, AND Rick Snow all agree... I think I'll just steer clear of this one! Thank you as always for sharing your knowledge.
Just my two cents...
Steve
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Re: 1883 Proof Cent: Natural Toning or Cleaned? Expert Advice Requested

#9 Unread post by Earle42 »

If you, Daniel, AND Rick Snow all agree... I think I'll just steer clear of this one! Thank you as always for sharing your knowledge.
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Re: 1883 Proof Cent: Natural Toning or Cleaned? Expert Advice Requested

#10 Unread post by DSCoins »

RevElvisLee wrote: Thu Oct 07, 2021 8:17 pm
If you, Daniel, AND Rick Snow all agree... I think I'll just steer clear of this one! Thank you as always for sharing your knowledge.
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