@Namvet69 said:
I wonder if they were stored in a wood coin cabinet before they were sent it. Beautiful condition. Peace Roy
Roy, I pulled this from CoinWeek.....Interesting: PS Thanks buddy!
Another explanation for the deep toning of Proof Liberty Seated coins relates to the cases that were used to store them. From the 1840s to the 1870s or so, cases of a particular type were often used for Proof Sets. The case that accompanies the King of Siam ‘1834/1804’ Proof Set, presumably the original case, is similar as well.
Perhaps it was a tradition at the Philadelphia Mint to use such cases. Has anyone researched the history of such cases?
When Proof Sets are auctioned along with 19th century cases, I usually request to examine the cases. Interestingly, such cases are sometimes auctioned separately, without coins, and they often bring thousands of dollars each. When such such a case is not sold with the consigned set at auction, it is usually because the auction firm sells the coins in a 19th century Proof Set individually. A set then ceases to exist, unless one bidder buys each of the coins in the set, one at a time.
There are pictures of such 19th century cases in various Stack’s and Heritage catalogs. Indeed, in several Stack’s (New York) auctions during the 1990s, in the Pittman sales, in at least one Bowers & Merena (NH) sale, and occasionally in Heritage auctions over the last six years, Proof Sets along with such 19th century cases were offered. I have thus seen many Proof Liberty Seated coins that were stored in 19th century cases. They do tend to be very deeply toned.
At some point later in the 19th century, the Philadelphia Mint shipped Proof coins in a particular kind of wrapping paper, which is similar to tissue paper. This wrapping paper contributed to the formation of very colorful toning on many Proof coins, especially Barber coins, which were first minted in 1892.
A theory is that the cases used in the middle of the 19th century to house Proof coins, without such wrapping paper, contributed to blends of toning that are different from the tones that appeared on Proof coins that were wrapped at the Philadelphia Mint later in the 19th century. This, though, is just a rapidly formulated theory. There could be another explanation as to why, relatively original Proof Liberty Seated coins from the middle of the 19th century are often deeply toned, more so than Proof Capped Bust coins.
For whatever reasons, specific kinds of deep tones on Proof Liberty Seated coins are typical and natural. Most sophisticated collectors place a high value on natural toning and on originality in general.
@fathom said:
Anybody know what the Mint issue prices were at the time?
Yes, a collector could walk into the mint back then and purchase a set like below for $3.00. The face value is $1.94. The mint in 1860 made around 1000 of these sets, but only sold 514, and melted the rest. Now if I could go back in time, I would have happily anted up and bought ALL the damn sets I could! They would have been flawless, black and white shimmering proof coins back then.
Comments
Hard to imagine prettier change!
I accept your offer! Where do I send the $2.75.
Wonderful and well matched
Beautiful!
The 1870 dollar I really like
That is some pretty seated material! You have apparently found the lost city AND it’s gold.
Those are very nice!
Collector, occasional seller
I’ll give you 3$
11.5$ Southern Dollars, The little “Big Easy” set
All day and 5 times on Sunday please!
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
I wonder if they were stored in a wood coin cabinet before they were sent it. Beautiful condition. Peace Roy
BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW
Roy, I pulled this from CoinWeek.....Interesting: PS Thanks buddy!
Another explanation for the deep toning of Proof Liberty Seated coins relates to the cases that were used to store them. From the 1840s to the 1870s or so, cases of a particular type were often used for Proof Sets. The case that accompanies the King of Siam ‘1834/1804’ Proof Set, presumably the original case, is similar as well.
Perhaps it was a tradition at the Philadelphia Mint to use such cases. Has anyone researched the history of such cases?
When Proof Sets are auctioned along with 19th century cases, I usually request to examine the cases. Interestingly, such cases are sometimes auctioned separately, without coins, and they often bring thousands of dollars each. When such such a case is not sold with the consigned set at auction, it is usually because the auction firm sells the coins in a 19th century Proof Set individually. A set then ceases to exist, unless one bidder buys each of the coins in the set, one at a time.
There are pictures of such 19th century cases in various Stack’s and Heritage catalogs. Indeed, in several Stack’s (New York) auctions during the 1990s, in the Pittman sales, in at least one Bowers & Merena (NH) sale, and occasionally in Heritage auctions over the last six years, Proof Sets along with such 19th century cases were offered. I have thus seen many Proof Liberty Seated coins that were stored in 19th century cases. They do tend to be very deeply toned.
At some point later in the 19th century, the Philadelphia Mint shipped Proof coins in a particular kind of wrapping paper, which is similar to tissue paper. This wrapping paper contributed to the formation of very colorful toning on many Proof coins, especially Barber coins, which were first minted in 1892.
A theory is that the cases used in the middle of the 19th century to house Proof coins, without such wrapping paper, contributed to blends of toning that are different from the tones that appeared on Proof coins that were wrapped at the Philadelphia Mint later in the 19th century. This, though, is just a rapidly formulated theory. There could be another explanation as to why, relatively original Proof Liberty Seated coins from the middle of the 19th century are often deeply toned, more so than Proof Capped Bust coins.
For whatever reasons, specific kinds of deep tones on Proof Liberty Seated coins are typical and natural. Most sophisticated collectors place a high value on natural toning and on originality in general.
Just outstanding stuff there!
Gorgeous them pictures, but one has to remember that those may not truly represent them coins. These are them "Glamour Shots" patent pending .
live and learn, thanks
a really nice add on to
Kennedys are my quest...
Anybody know what the Mint issue prices were at the time?
Yes, a collector could walk into the mint back then and purchase a set like below for $3.00. The face value is $1.94. The mint in 1860 made around 1000 of these sets, but only sold 514, and melted the rest. Now if I could go back in time, I would have happily anted up and bought ALL the damn sets I could! They would have been flawless, black and white shimmering proof coins back then.