Unusual 1799 dollar: Help
DoctorPaper
Posts: 616 ✭✭✭
I obtained this high grade bust dollar from a local dealer for a bargain price about 15 years ago because of the obvious damage in front of the face of the effigy. It looks like someone tried to buff out either a counterstamp or some kind of engraving in that area.
What's unsual about this dollar is that you can see a second "99" at the rim between the date and stars on the left when you hold the coin at the proper angle. It didn't show up in my picture of the whole obverse, but you can see it in the closeup. Also, there's some kind of extra metal at the top of Liberty's head and many of the dentils are doubled on the obverse. The reverse seems totally unaffected.
My question is-what caused this? Overstruck planchet? Planchet shifting in the holder and being hit again, or something else? Why isn't the reverse apparently affected? Does this coin have any extra value beyound being a damaged bust coin?
Sorry about the quality of the photo's. I really admire many of the pictures I'm seeing here. I need to upgrade my photo capacity. Thanks...
What's unsual about this dollar is that you can see a second "99" at the rim between the date and stars on the left when you hold the coin at the proper angle. It didn't show up in my picture of the whole obverse, but you can see it in the closeup. Also, there's some kind of extra metal at the top of Liberty's head and many of the dentils are doubled on the obverse. The reverse seems totally unaffected.
My question is-what caused this? Overstruck planchet? Planchet shifting in the holder and being hit again, or something else? Why isn't the reverse apparently affected? Does this coin have any extra value beyound being a damaged bust coin?
Sorry about the quality of the photo's. I really admire many of the pictures I'm seeing here. I need to upgrade my photo capacity. Thanks...
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Comments
I would say that you have a double struck Bust Dollar. If so, congratulations! The coin was obviously tooled in the right obverse field. The streak in the field above the head looks like a planchet flaw or lamination of some sort. It's hard to tell from images. You should have it authenticated by an expert. PCGS nor NGC will slab the coin due to the damage.
Cool!
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surprised this thread didn't get more responses. i think this is an unusually interesting discovery.
K S
If it is a genuine double struck 1799 dollar, then it is worth multiples over it's value as a non-error coin. There are some examples of "manufactured" double stuck dollars floating around, so authentication is very important.
DoctorPaper, have you shown the coin to any dealers (those specializing in early American coinage)?
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.....just make sure that you ask for authenication of the double struck status, otherwise they may not even catch it. It will be Net Graded to about F-12 or so, although the technical grade is secondary to the error.
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Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
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K S