Large cent 1848, rare variety N4?? 1 1

[tartamimmi]

Hi Friends!

This is the new item acquired for my little collection.

Interesting repunch of date. It Is the N4?. (Possible rarity 4? 😳)

One idea for grade and Value?

Thanksssss 

I love US coins 😍

[JT2]

I think this may be an N3 rartiry 2  with the green on it it could have been harshly cleaned looking at the color of the copper.  That Green could be PVC sludge or environmental damage it is hard to tell without having it in hand. 

[Sandon]

   Your 1848 large cent definitely isn't an N4. On your coin the 1, the 8 and the right upright of the 4 touch the bust, whereas on the N4 they don't, as shown on this photo of an N4 from NGC VarietyPlus:

   Additionally, as I understand it, although a Rarity 4 variety is considered scarce, a large cent variety must be at least Rarity 5 to be considered rare. 

   I think that @JT2 is correct about your coin being an N3. See Braided Hair Cents (1839-1857) | VarietyPlus® | NGC (ngccoin.com). There are over forty varieties of 1848 large cents, but, without looking at all of them, the N3 appears to be an exact match.

   

[tartamimmi]

Perfect! Now I understand the difference between 3 and 4
thanks a lot for help!!  
@Sandon @JT2 

Could it be worth about $100?

 

[Coinbuf]

On 8/31/2023 at 9:24 AM, tartamimmi said:

Could it be worth about $100?

Your coin has details that would support an XF or AU grade, however, as was noted above the coin has some issues including what might be active PVC contamination.   Because of the issues with the coin I think the value is lower than $50.

[powermad5000]

Hello again!

I would say you have enough detail to make it to the low XF range which is showing at $85 in the price guide. With the verdigris or corrosion or whatever is happening on the obverse, I would say that puts you around the $50-60 in value. I agree with @JT2 that you have the N-3 variety. It has the high numerals and is the only variety I could find that has the 48 which resembles a repunched date. I have provided a closeup of the N-3 date from NGC's VarietyPlus for you to compare. Look closely at the 48 and you will be able to see that same repunched look on your coin.

Edited August 31, 2023 by powermad5000