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DWLange

Member: Seasoned Veteran
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Everything posted by DWLange

  1. It looks like strike doubling, aka machine doubling.
  2. Several of the master hubs for the proof coins of 1936-42 were already somewhat worn and/or damaged by 1936. That's why the proof coins of this period lack the fine details seen on pre-1920 examples of the Lincoln Cent, Buffalo Nickel and Mercury Dime that were coined from fresh dies. This is especially evident on the cent and dime. 1936-42 proofs will never be as bold as are sharp currency pieces from the 1910s.
  3. You could get it conserved, but it would still be a Details Grade coin. The surfaces are not original.
  4. The eagle's eye does reveal a DDO. Start here: https://www.ngccoin.com/variety-plus/united-states/cents/flying-eagle-cents-1856-1858/?page=1
  5. NGC will most definitely denote the rotated dies. Submit it for just Mint Error attribution at $18. You don't need to pay for a grading fee.
  6. Suggest collectors look for best details first, then "grade." Unfortunately, most collectors are not sophisticated enough to appreciate these subtleties. They're more wowed by "shiny" than "sharp," and grading services usually follow this same guideline. When teaching about coins I try to impart to my students the virtues of fresh dies and full strikes, but not everyone gets it.
  7. Eliasberg 1 was 1982....why were the others so much later ? It doesn't seem like this question was answered, so here goes: When his father passed, Louis Eliasberg, Jr. received the gold coins and consigned them to Bowers & Ruddy almost immediately in the very down market that was 1982. Thus, there were bargains galore even by the price guides of that time. The other son, Richard, received the remainder of the collection and consigned the USA issues to successor company Bowers & Merena in 1996. These were sold in two sales about a year apart. I attended the first one and was present when the 1913 Liberty Head Nickel became the first million dollar coin. I was hoping to buy the Eliasberg Buffalo Nickel of that date so that I could joke I'd bought Eliasberg's famous 1913 nickel, but it too brought a very high price for such a common coin. I did succeed in buying three others: 1910 proof cent, 1919-D cent and 1925(P) nickel. Richard consigned the world issues to another successor company, American Numismatic Rarities, in 2005. Overall, he did much better than his impulsive brother.
  8. Normally, I see only those coins submitted to NGC for variety attribution. The mint errors go to David Camire, though he sometimes forwards them to me if he believes they should have been submitted for varieties instead. Either way, the outcome will be the same.
  9. The fineness of the USA/Philippine coins was reduced in 1907 from the original .900 to .800 for the peso and .750 for the fractionals. That's why they may ring differently.
  10. The photo is a little blurry, but there's nothing that suggests a counterfeit. The 1865 issue was coined with two different date styles, the Plain 5 (your coin) and the Fancy 5. You can see good examples of each at NGC's VarietyPlus website.
  11. The color distinctions had to do with the nature of the food. One was for meat and the other was for non-meat products, I believe. The tokens were used to make change for ration coupons and could be exchanged for the latter when enough had accumulated.
  12. I don't collect the tokens, but I have some old coin boards made for their collecting.
  13. There are perhaps DOZENS of active members who have “important” collections, but they are tight-lipped to a fault - you could even say paranoid of sharing even information. Some advanced collectors are careful to keep their knowledge to themselves to maintain an edge over other buyers. Before I published my book on coin boards in 2007 I was buying rare examples for $5-10 apiece, because no one knew their rarity. Nowadays, I routinely get outbid by my own customers whenever something good comes up for sale.
  14. Since the trade dollar series is not widely popular there will be little economic incentive for a commercial concern to publish such a book. Thus, I don't expect to see a Whitman title on the subject as part of the Bower's "Red Book" series of softcover references. It will have to be a labor of love created by one or more series enthusiasts and self-published. Just off hand I cannot name any particular individual who is strongly associated with the collecting and studying of trade dollars. If a quality work is sought that will be an expensive undertaking.
  15. A lot of the low-value coins in NGC holders were submitted for variety or mint error service but turned out to be neither. The submitter was expecting that their imagined variety/mint error would have justified the fees and was certainly disappointed with the outcome. This is a daily occurrence, and these coins eventually come to market. I suspect that many collectors who are introduced to the hobby via modern coins issued specifically for collectors come to expect the same degree of perfection in coins made for general circulation. Thus, almost every circulating coin they encounter has some deficiency that they interpret as noteworthy when it is simply typical of mass production.
  16. That neglect is clearly evident in the poor quality of coins made during the 1920s. At a time when the U. S. Mint had its most memorable coin designs the opportunity to create beautiful examples was squandered producing weak strikes from worn dies in an effort to save money.
  17. This was my collecting specialty for many years. See here: https://www.ngccoin.com/coin-explorer/united-states/american-overseas-territories/philippines-under-u.s.-sovereignty/
  18. There was a Treasury directive in 1930 suspending the production of quarter and half eagles altogether, and I wish I had that handy. America's move away from gold coinage clearly didn't happen overnight in 1933 but was instead a drawn out response to developments world wide.
  19. It's easy to see why the coining of eagles and half eagles was nearly eliminated during the 1920s and the coining of quarter eagles was limited to the number needed to satisfy demand from those making seasonal or holiday gifts. It would be interesting to read correspondence pertaining to the eagle coinage of 1926 and the half eagle coinage of 1929 as to why any were struck at all. Most of the latter issue was withheld from release and later melted.