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Why I bought this Connecticut Copper (coin #3) edited to include population data

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MikeKing

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I'm up to 3 out of 10 for giving the reasons why I purchased this (third out of ten) coin.

 

I just edited this entry to include population data which was a determinant that influenced my buying this coin.Firstly, I'm working on a Colonial type set and could use a 1786 Connecticut Copper. But there are so many slots that could be filled for Connecticut, and I doubt I'd ever fill them all, so why this particular coin?2. The coin is almost impossible to find without significant corrosion, and this coin is not one of those. In fact, you just can't find them (OK, maybe somebody better connected than I am could find them, but I can't...except for this one). Reviewing the Heritage Auction Archives, from 1999-2007, I could only find 4 having been auctioned off, only one of those didn't appear or have a label saying they were corroded, and it was a PCGS VF30. For another one, there was no photo, just a description of the various coins in the lot, one of which was described as a VF20. The other two were corroded or cleaned.Looking at the NGC census, it appears that none have been graded at all by NGC.PCGS census says they graded a total of 12 (which can include resubmissions of course), 6 in VF, 2 higher and 3 lower. I don't know what happened to the 4th!So finding this coin, in the condition that it's in, to me, said it was a winner!3. In terms of eye appeal, it ranks well, in my opinion, due to its hard glossy surfaces and a planchet with minor imperfections and minor areas of granularity that do not detract from the overall 'look'. The color is a fairly even brownish patina which, in hand, is quite lovely to look at.4. It has history. In terms of history, this is a contemporary counterfeit, weighing considerably less than the legal CT coins of that time (the coin is rather thin, I was surprised when I handeled it raw, before having it graded). But this coin was used in commerce and it leaves me wondering why? Were people so hard up for copper coinage that they used this obviously underweight copper? Did they take into consideration and estimated value based on their knowlege of the weight either by heresay or the feel of it while holding it in their hand?5. The excitement factor. I personally like this coin very much. It sits on my desk since I got it back from the grading service (phew! it graded!) and I just can't seem to stop looking at it. I really don't want to lock it away in my safe deposit box. I think that says it all. A really nice coin!1786 CTobv

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