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No motto seated liberty dollar, 1840 to 1865. Is this one of the toughest AU58's to find for the 707

The no motto SLD is one of the last two coins I need to fill my son's 7070 album, (the other is a Lib double eagle that he has get on his own). We have been putting it together for almost a couple of years now and in a way, I hate to see it finished because of the good times we've had finding the right coins to build it with. He loves coins and has a pretty nice collection on top of the 7070 set but this one officially becomes his this Christmas..... His grades have been great, he's played well on the football team and really worked hard, so he's earned it. I'm sure there will be another set in the future but for now we need to add the NM SLD. The last coin will be one that he has to save up for and buy on his own.
In keeping with the rest of the set, we're looking in the AU55 to AU58 range but I have to tell you, that from what i've seen, there is a lot of crap out there. This series seems to me to be one of the most copied, cleaned, dipped and stripped series i've ever seen out there. I've had a dealer at a show tell me that at least 80% of all the NM's out there have been cleaned at one time or another and that he's seen a bunch in slabs that have been cleaned as well. I'm beginning to believe him! The really nice, crusty, AU's are going for big bucks and the the lower grade AU's sometimes look like they are XF45's while some XF35's look like 45.
In short, I'm confused and need the help of some of you more experienced SLD guys out there. Do you think that 80% of the genuine nm's have been messed with? Do you think grades are all over the place in this series? What NM would you like to hold for the long run?
If you were to pick a nice AU, in the $1000. range which would it be?
Let's see your "No Motto" Seated Liberty Dollars.
John
In keeping with the rest of the set, we're looking in the AU55 to AU58 range but I have to tell you, that from what i've seen, there is a lot of crap out there. This series seems to me to be one of the most copied, cleaned, dipped and stripped series i've ever seen out there. I've had a dealer at a show tell me that at least 80% of all the NM's out there have been cleaned at one time or another and that he's seen a bunch in slabs that have been cleaned as well. I'm beginning to believe him! The really nice, crusty, AU's are going for big bucks and the the lower grade AU's sometimes look like they are XF45's while some XF35's look like 45.
In short, I'm confused and need the help of some of you more experienced SLD guys out there. Do you think that 80% of the genuine nm's have been messed with? Do you think grades are all over the place in this series? What NM would you like to hold for the long run?
If you were to pick a nice AU, in the $1000. range which would it be?
Let's see your "No Motto" Seated Liberty Dollars.
John
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That said, finding a coin to your liking for $1000 really will be a challenge.
The only dates that you MIGHT be able to find for $1000 are the 42, 43, 47, or 60-O.
the 66-S is my favorite.
opps....thought u were taking about seated halfs....been reading the WB book all day .
Here's my AU55 Seated Dollar which I got for just over $1000 earlier this year:
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
The 59-O is probably going to be the easiest coin to find, and it still won't be easy. An 1843 or an 1847 might present themselves. Either way, you might be best served going after an attractive, original AU50 as you'll pay much more for the AU58 and not really get very much more for it. In 50, $700 or so will probably get you there, or maybe even a little less -- when you finally find the right coin. Good luck. He sounds like a great kid.
Here's my AU55 Seated Dollar which I got for just over $1000 earlier this year:>>>
I totally agree, I had to lower my sights a bit when it came to the classic head large cent (NGC F12), but it fills a space for now. Here is my 1814. Nice looking 1842, congrats.
He almost always has an extensive stock
of just what you are looking for.
And if he doesn't have it this month,
he will probably have it next month.
And he grades fair and accurately too.
He is on vacation at the moment,
but his website is up.
Regards, Steve K.
Experience the World through Numismatics...it's more than you can imagine.
I wish I still had mine to sell you rather than using it as trade material. I'll keep my eye out, we are having a coin show in two weeks in my area and I'll check with the old timers and see if they have or know of someone that has a nice AU NM SLD. Are you looking for certified to crack out or is raw ok? Until then Good Luck!
The 1853 Coinage Act reduced the weight of silver coinage, but not for the dollar. This left silver dollars struck after 1853 worth more than a dollar, so many were melted, or exported as bullion to be melted. At the time, a dollar was a dollar (even later, a Civil War soldier’s pay was only $13 per month). Thus silver dollars were spent, not saved, except by collectors living in large Eastern cities, who could afford to collect them, and they preferred Proof coins.
So for an AU, those dated before 1853 might be your best bet, and if you find a nice original, steel yourself to paying "the" price if it's in your budget. Personally, I really like significant dates, like the 1859-S (first and only No Motto SF dollar), the 1846-O (first branch mint dollar) or a Civil War date (1861-1865).
my early American coins & currency: -- http://yankeedoodlecoins.com/
As for which dates i like in AU-58, the 1841 comes up right away, we actually have a dupe in AU-58. Also, any of the 50's, with the exception of the 59-O, are great coins and semi-undervalued imho. However, they are much more expensive than most of the 40's.
Lastly, i usually assume about half of the seated dollars have serious problems that would BB them, but most would be much lower than the AU-58 grade. From what i've seen, only about one in four AU seated dollars are accurately graded and have not been cleaned. The TPGs are pretty easy on the coins when it comes to cleaning IMHO.
Here's a great coin for a dansco, an 1847 AU-58:
And my favorite AU-58, but too expensive for a Dansco:
Terrific examples as usual... the 1847 looks PQ. The 1852 is just rare and your example is attractive.
Experience the World through Numismatics...it's more than you can imagine.
Bought 2003, $425 USD in PCGS 55. old cleaned and retoned. Removed and put into type set.
B747F and A340.
merse