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Today's Heritage Win! 1798 $1 VF 25.
AnkurJ
Posts: 11,370 ✭✭✭✭
I have seen G6 examples for around $900, so I was happy with the price on this one.
1798 $1 Large Eagle, Pointed 9, Four Berries VF25 ANACS. B-8a, BB-125, R.2. A long vertical die flaw to the left of the bust identifies the obverse. This is the only four-berry reverse of the year, which is a simple diagnostic. The reverse die has shattered, with numerous cracks throughout, which indicates that this piece is Bowers-Borckardt Die State III (Bolender-8a). Light tan-gray patina covers the devices, which contrast nicely to the slightly darker fields. Several letters in UNITED are soft, as always seen, and the left stars are also weak. Two small planchet defects account for minor rim flaws on the right. There are no noteworthy marks, however, and this interesting variety is quite appealing overall.
Ex: Dallas Signature (Heritage, 10/2008), lot 1069, which realized $1,840.(Registry values: N1793) (#6873)
I paid less than what it sold for in 2008.
AJ
1798 $1 Large Eagle, Pointed 9, Four Berries VF25 ANACS. B-8a, BB-125, R.2. A long vertical die flaw to the left of the bust identifies the obverse. This is the only four-berry reverse of the year, which is a simple diagnostic. The reverse die has shattered, with numerous cracks throughout, which indicates that this piece is Bowers-Borckardt Die State III (Bolender-8a). Light tan-gray patina covers the devices, which contrast nicely to the slightly darker fields. Several letters in UNITED are soft, as always seen, and the left stars are also weak. Two small planchet defects account for minor rim flaws on the right. There are no noteworthy marks, however, and this interesting variety is quite appealing overall.
Ex: Dallas Signature (Heritage, 10/2008), lot 1069, which realized $1,840.(Registry values: N1793) (#6873)
I paid less than what it sold for in 2008.
AJ
All coins kept in bank vaults.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
0
Comments
There are a lot of die issues as well. On the reverse especially.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
The fields are clean and there is some great hair detail. Looks good!
I really like it.
<< <i>If you got it for less than the $1495 it sold for last year then you did well.
I really like it.
Thats exactly what it went for with BP!
I guess it didnt move up in value this past year.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>I always wonder who actually held a coin that is over 200 years old.
I like it
Well we know one of them
Yes that is a cool thought.
EAC 6024
Here is the plate coin (pcgs64) at earlydollars.org
They list the coin as a R1.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
edit: Oops, I got you mixed up with Ambro51. Sorry for the confusion. I bought a 1798 (B29-BB119)raw from Stack's three years ago for about the same money. Sent it to PCGS and it came back VF30. It has a nice die crack at the bottom of the obverse that makes it look like a vine grew there.
If so, why would the coins value be so greatly effected? Moderns go up in value with these errors, so why do classic coins go down in value?
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>
Maybe, maybe not, but:
* the "damage" is an as-struck planchet flaw and thus isn't post-mint "damage" that would result in a BB (or "gennie" these days);
* Bust dollars have a *lot* more leeway for old cleanings since the vast majority of them have been messed with. Looks "market acceptable" to me.
early dollars with small planchet defects in all of the services' holders -- it would be interesting to see if
this would cross. Either way, I like it!
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
Still is my favorite design
100% Positive BST transactions
<< <i>
<< <i>
Maybe, maybe not, but:
* the "damage" is an as-struck planchet flaw and thus isn't post-mint "damage" that would result in a BB (or "gennie" these days);
* Bust dollars have a *lot* more leeway for old cleanings since the vast majority of them have been messed with. Looks "market acceptable" to me. >>
To be honest you are most likely right about the rim issues being planchet flaws but you are only guessing and never the less they are factored into grading early Americana, 2nd that coin has the classic gray purple color of old silver that has been dipped more than once and one of the reasons ANACS is now all but irrelevant was their acceptance(at a higher%) of off colored coins compared to the other two TPG. I can not count the number of blast white graded ef-au silver coins in little white 6-7digit ANACS holders. Yes its a decent coin, no it isn't base line MA and I would bet my house that it has been submitted to PCGS as a cross once or twice and the fact that a muilt-4figuar coin still in a slab that leaves 25%-50% retail on the table speaks for its self.
I find it hard to believe that some people didn't know what I meant by damage when the coin has chunks missing out of the rim, even if it is planchet flaws it lowers the over all value/net grade and doesn't change the fact that there is parts missing that draw the eye in a negative fashion. I think the new owner will have a hard/impossible time getting it into a NGC holder or PCGS which is what he wants to do, that is all I meant. Yes I can find dipped out bust coins in TPG holders all the time I just never seem to be the one who gets them in.