I almost got excited about this one but then I took a closer look. He also put it under the Morgans category. I guess its been a long winter up in Laconia.
The price is looking a little high -- I wonder if people are thinking they are getting a 1934-S? The way the auction title is written, it's a little ambiguous on first glance.
Ah, I see what you're talking about. The seller is Tom Becker, a very, very long-time old-fashioned numismatist and I think he probably put the S in there to denote Silver.
He almost certainly meant it to denote a Silver One Dollar. I've had this issue come up many times over the years. The logic behind it is that there are certain issues with overlap between series or even between metal content and a designator is required. For example an 1850 $1 can be silver or gold. The year 1878 can give you a Morgan or Trade dollar. And so on. Then there is the issue of the 1921 dollars. I will usually refer to a Peace dollar as a silver dollar (1934 S$1) except for the 1921 Peace which I refer to as a 1921 P$1 or 1921 S$1 Peace, preferably the latter. I usually use a -P mintmark designator only if the coin actually carries a P mintmark on the coin. Well, I'm probably rambling now, but I hope this helped someone somewhere :-)
Lots of people have and will continue to make that mistake. I usually tell people to always be looking for the dash (1934-S S$1) and of course it doesn't hurt to look closely at the coin before bidding or buying! I've made that mistake myself - bought a coin because the holder said it was a branch mint, but it turned out to be a Philadelphia issue. Naturally in my case I ended up with the cheaper version, but I've heard of it going the other way too. So all you cherrypickers out there should always remember to check the mint mark - you may get very lucky someday!
Good point. I never considered the holder "S1$" label. Still somewhat misleading and I also noticed two bids got retracted so far. Still a pretty coin but bidding is way overpriced.
Comments
Russ, NCNE
Russ, NCNE
Paul
Tom
and I also noticed two bids got retracted so far. Still a pretty coin but bidding is
way overpriced.
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