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Another New Purchase: Large Silver Coin: 1800 Bust Dime

BarndogBarndog Posts: 20,507 ✭✭✭✭✭
OK, dimes are not "large silver coins" to most people, but since I collect their smaller sisters (half dimes) this is a large coin for me. I don't collect bust dimes. I can't really say why I bought this coin other than when I saw it I thought that it was a really nice coin that did its job in commerce in early America and somehow survived in what numismatists call "problem-free condition." So it was totally an impulse buy. Those who collect early dimes will look up the die marriage, so maybe they can chime in with thoughts on die marriage and rarity (I already know the die marriage and rarity, so this is not a fishing expedition). I feel this coin is PQ for grade too. I won't post the grade until people have the chance to offer opinions that may or may not differ from mine.

imageimage

Comments

  • Looks damaged image

    (that was for Shane)
    image
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  • STONESTONE Posts: 15,275
    So you were the one who snatched that up!
    It would have been a replacement for my holed (and cleaned) specimen if I got to it before you.

    Nevertheless congrats are in order.
    I already know the variety, rarity, etc. as it is the same as the example I have, so I'll let someone who needs more experience look it up. image
  • BillJonesBillJones Posts: 34,538 ✭✭✭✭✭
    It has a strong date and decent reverse, but given the wear on the stars, I would still only be able to give it an AG-3. Maybe it rates a star (*) for the grade, but they only do that across the street.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • It has an amazing reverse for the grade....the weak strike on the obverse held the coin back overall but considering how rare these coins are I think it makes a nice addition to most sets....if your not an MS snob....image
  • STONESTONE Posts: 15,275


    << <i>It has an amazing reverse for the grade....the weak strike on the obverse held the coin back overall >>


    The nicer reverses showing more detail than the obverse are fairly common for lower grade (Fine and lower) Draped Bust Dimes.
    The obverse for this variety isn't common with a weak strike, rather I feel the different in relief is the reason for the remaining detail


  • << <i>

    << <i>It has an amazing reverse for the grade....the weak strike on the obverse held the coin back overall >>


    The nicer reverses showing more detail than the obverse are fairly common for lower grade (Fine and lower) Draped Bust Dimes.
    The obverse for this variety isn't common with a weak strike, rather I feel the different in relief is the reason for the remaining detail >>



    That could certainly be the case but I showed it to a few experts and they mentioned weak strike? image
  • MoldnutMoldnut Posts: 3,107 ✭✭✭✭
    Love the dime Barndog! Ill say its AG3. Ill have to post the 1802 10c pcgs F2 I bought from Brian Greer last weekend!image
    Derek

    EAC 6024
  • BarndogBarndog Posts: 20,507 ✭✭✭✭✭


    << <i>Love the dime Barndog! Ill say its AG3. Ill have to post the 1802 10c pcgs F2 I bought from Brian Greer last weekend!image >>



    congrats on your purchase, look forward to pics.
  • MoldnutMoldnut Posts: 3,107 ✭✭✭✭
    Thanks! If they gave yours a Fair2 grade I sure hope mine looks that good. We might have to wait a week or so to post mine as Brian ships registered mail!
    Derek

    EAC 6024
  • CladiatorCladiator Posts: 18,140 ✭✭✭✭✭
    Nice double half dime! image
  • STONESTONE Posts: 15,275


    << <i>Nice double half dime! image >>


    Does that mean that he could trade it for 2 1800 Half-Dimes image


    image
  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭
    Probably an AG-3 wear-wise, I'd bump it to G4 based on the eye appeal.

    Excellent coin & thanks for sharing...Mike
    Collector of Large Cents, US Type, and modern pocket change.
  • seateddimeseateddime Posts: 6,180 ✭✭✭
    those are some of the finest coins on the planet
    I seldom check PM's but do check emails often jason@seated.org

    Buying top quality Seated Dimes in Gem BU and Proof.

    Buying great coins - monster eye appeal only.
  • BarndogBarndog Posts: 20,507 ✭✭✭✭✭
    for those interested in what PCGS thought:

    image

    There are two die marriages for 1800 bust dimes: JR-1 (R4) and JR-2 (R5). This is the scarcer of the two. Reported mintage is 21,760. The authors of "Early United States Dimes 1796-1837" state that of all 1800 dimes seen, only forty percent are the JR-2. A total of 67 dimes from 1800 are in the PCGS population report.
  • STONESTONE Posts: 15,275
    Barndog, thank you for posting the results of your NewP.
    It is my best understanding that despite the current rarity of JR-1 being an R4 and JR-2 being an R5, since it was noted in 1980 (or whenever the Dime book was published), and subsequently has not changed since, that a better guage of the rarity of each variety is that JR-2 should also be an R4, but that JR-1 a more common R4. I suggest this from doing a week long search of as many different 1800 JR-2's and finding more than 40 examples. I would not doubt that 30 more could be found hidden away in collections if given enough time, patience, and cataloging ability.

    I would also note that between the two varieties, there is very little premium for the JR-2 over the JR-1, unless assuming Top Pop or near Top Pop examples.

    Just thought I'd share this. If anyone else would like to chime in or challenge this I would be all ears image
  • kazkaz Posts: 9,229 ✭✭✭✭✭
    Very nice, Barndog! An educational thread, as usual.
  • Billet7Billet7 Posts: 4,923 ✭✭✭
    You beat me to that one. I really liked it as well.
  • zap1111zap1111 Posts: 1,298 ✭✭
    Thanks for education, Barndog. Nice grab!
    zap
    zap1111
    102 capped bust half dollars - 100 die marriages
    BHNC #198
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    Nice coin. At one time I had both varieties in nice original Fine. Sold them both!image
  • BillJonesBillJones Posts: 34,538 ✭✭✭✭✭


    << <i>

    << <i>It has an amazing reverse for the grade....the weak strike on the obverse held the coin back overall >>


    The nicer reverses showing more detail than the obverse are fairly common for lower grade (Fine and lower) Draped Bust Dimes.
    The obverse for this variety isn't common with a weak strike, rather I feel the different in relief is the reason for the remaining detail >>



    This is true of most all early U.S. coins. A number of my AU graded coins have a reverse that could be graded Mint State, but the obverse pulls it down to the AU level.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?

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