Home› U.S. Coin Forum

Special (and large) addition to my clipped 7070 - a story of perseverance

seanqseanq Posts: 8,676 ✭✭✭✭✭
edited April 29, 2021 6:37PM in U.S. Coin Forum

Behold the new centerpiece for my Dansco 7070 loaded with clipped planchets:


So I have been dancing with this coin since 2005, when it appeared in a David Lawrence auction in an IGC holder graded AU Details, Cleaned. I chased it to the limits of my budget at the time, but I wound up the underbidder.

A few months later it reappeared in the inventory of Dick Osburn, minus it's IGC holder and described as "choice AU". I got a chance to see it a couple of years later at Coinfest in Stamford, CT, and while I could see signs of an old dip or wipe, the coin had great eye appeal. By then the asking price had risen well out of my price range.

Fast forward to 2015, and the coin appeared in an unreserved eBay auction described as "uncirculated". This time I chased it even higher, but once again I ended up the underbidder. I quickly determined that the buyer was none other than Fred Weinberg. I reached out to a good friend who also specialized in clips, and we worked out a plan to own the coin jointly if Fred would sell it to us. I don't even know if Fred had received the coin before we had struck a very fair deal, and the coin ended up with my friend. I got another look at it and the surfaces had mellowed a bit, the cleaning was not nearly as noticeable. Not long after, my friend took full ownership of the piece, and I kind of forgot about it.

Then last month, another clipped Seated Dollar appeared on eBay, this one was an 1847 in a problem free NGC AU holder. I was able to work out a best offer for that coin, and I was thrilled to finally have an example of the type for my collection. However, I couldn't bring myself to crack the coin out for my 7070.

Enter my friend, who is now retired and slowly selling off some of his collection. I proposed a trade, my certified coin (which would be much more liquid when the time came to sell) for the raw 1848. I threw in about 20 other clips to make up the difference in value, and the coin now resides guilt-free in my album.

The album is missing only three or four coins, depending on how you count. I still need a no motto Seated half, a no motto Seated dollar, and a Trade Dollar. I have a Presidential dollar instead of a modern commemorative, and technically the Twenty Cent Piece is a cracked planchet, not a clip. One of these days I'll share pics of the whole thing, and if you catch me at a show there's a decent chance I'll have it handy to show off.

Sean Reynolds

Incomplete planchets wanted, especially Lincoln Cents & type coins.

"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor

Comments

  • MedalCollectorMedalCollector Posts: 1,981 ✭✭✭✭✭

    Incredibly cool!!!

  • astroratastrorat Posts: 9,221 ✭✭✭✭✭

    Congratulations, Sean!

    Love the coin!

    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

    first time seeing a clipped seated dollar and it is a nice one at that.

    gratz!

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • ThreeCentSilverFLThreeCentSilverFL Posts: 1,687 ✭✭✭✭✭

    Wow, awesome story. Cool that it works out for both of you.

    PS Super cool and unique 7070 set your accomplishing!

  • KliaoKliao Posts: 5,575 ✭✭✭✭✭

    Wow! Can't wait to see your whole set!

    Collector
    75 Positive BST transactions buying and selling with 45 members and counting!
    instagram.com/klnumismatics

  • coinsarefuncoinsarefun Posts: 21,736 ✭✭✭✭✭

    What an incredible coin and even more incredible story! I’m very happy for you

    CoinsAreFun Pictorials Album
    .
    CoinsAreFun Toned Silver Eagle Proof Album
    .
    Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
    .
    More CoinsAreFun Pictorials NGC
  • truebloodtrueblood Posts: 609 ✭✭✭✭

    Great freakin story, love those ole time coin tales a la Dave Bowersesque

  • BLUEJAYWAYBLUEJAYWAY Posts: 9,333 ✭✭✭✭✭

    Enjoyable story with a most happy ending.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • MWallaceMWallace Posts: 4,148 ✭✭✭✭✭

    Love it!!

    http://www.SmallDollars.com
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Great story Sean.... a long chase, but final success. And a very nice coin....Cheers, RickO

  • MeltdownMeltdown Posts: 8,826 ✭✭✭✭✭

    Great project. How about some photo's of the rest of your clipped 7070 set?

    Click on this link to see my ebay listings.

  • OAKSTAROAKSTAR Posts: 7,459 ✭✭✭✭✭

    I've always been attracted to "out-of-the-box" thinking 7070 type sets. Looking at non-standard type coins.... For example; A nice West Point Quarter, A Sacagawea Speared Eagle, A Bugs Bunny Franklin half, A 1970-D Kennedy, etc..

    Any update on yours clips Sean?

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • MWallaceMWallace Posts: 4,148 ✭✭✭✭✭

    @OAKSTAR said:

    Any update on yours clips Sean?

    Ditto

    http://www.SmallDollars.com
  • CaptHenwayCaptHenway Posts: 32,252 ✭✭✭✭✭

    I must have missed this the first time around. Bravo!!!

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • seanqseanq Posts: 8,676 ✭✭✭✭✭

    Since this post I was able to add a SIlver Eagle and a with motto Seated half. I am actually working on a deal for a big upgrade, I'll look for this thread if/when it comes to fruition and add pics.

    Sean Reynolds

    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
  • lkeneficlkenefic Posts: 8,160 ✭✭✭✭✭

    Now THAT's quite an accomplishment! I spent decades just trying to complete a regular 7070! Can't wait to see the entire collection....

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • pursuitoflibertypursuitofliberty Posts: 6,968 ✭✭✭✭✭

    I know I missed this post the first time around.

    What an outstanding raw (and slabbed) example, and a great story of dedication and perseverance. Way to go!

    As for your newp's and upcoming upgrade, yes, please ... keep us posted!


    “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
  • jesbrokenjesbroken Posts: 10,020 ✭✭✭✭✭

    Great story. These type acquisitions are of the ones remembered by all and appreicated by all. Thanks for sharing.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • FredWeinbergFredWeinberg Posts: 5,841 ✭✭✭✭✭

    Sean Dash congrats on the 1848 – I love that coin!

    Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...