Do you think these two 1796 bust dollars are the same coin? ANSWERED
ER
Posts: 7,345 ✭
They are not mine, BTW. Thanks for your opinions. I am 99% certain that they are the same.
Coin#1
Coin#2
Coin#1
Coin#2
0
Comments
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Russ, NCNE
99.9% positive that they are the same coin. Did the grade change from holder to holder? I would guess that the lower image is how the coin currently looks. Just a guess.
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<< <i>I don't know if all 1796 Bust Dollars exhibit this...but look at the lamination cud on the "I" in AMERICA. >>
I believe this is a diagnostic for the die-variety. BB-65 B-05. If I'm wrong I'm sure I'll be corrected real quick.
Here 's the story. First, it 's a 1796 large date small letters, B-5 BB-65, with the that diagnostic die lump between I and C in AMERICA. Coin#2, I did have a chance to examine in person before the Heritage Pittsburgh ANA Sale this August (Lot#6319); it was PCGS AU53 OGH, but I really thought it could be a 55, it just looked too good. All the Heritage graders thought the same; they even thought outside shot at 58. I was the internet high bidder, 20K if I remember correctly, and really thought I was going to get it. But, I was blown away when floor bidding started, and it ended up sold for $27,600. Apparently, others thought upgrade also.
Well, it is now Coin#1, PCGS AU50 new blue holder, currently in Superior Galleries' inventory, for $35,000. Apparently, the crack-out gamble results in a downgrade. What 's interesting is Superior 's site listed it as PCGS AU55. Maybe they were expecting an upgrade, but forgot to change the description, even after the result came back as 50? $35K for this, I don 't think so.
I'd still like to have it
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<< <i>Buy the coin, not the plastic >>
. But, don 't buy it when it get too insane.
Same coin
Lower grade
Higher Price
Back in inventory
If you think it is grossly over priced, try an offer you are comfortable with.