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My favorite Long Beach newps...

tradedollarnuttradedollarnut Posts: 20,166 ✭✭✭✭✭
...are a high end MS65 1877 trade dollar to replace the one in my set, and a true AU62 prooflike 1796 quarter. Pictures to follow [as soon as I receive them]. image
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Comments

  • MidLifeCrisisMidLifeCrisis Posts: 10,550 ✭✭✭✭✭


    << <i>a true AU62 prooflike 1796 quarter >>


    Yup, I'm looking forward to seeing that! image
  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    I would be happy with an AG 3 1796 Quarter! image
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • EurekaGoldEurekaGold Posts: 150 ✭✭
    I'd take a 1796 quarter too!
    All you need is ignorance and confidence and the success is sure - Mark Twain
  • MrEurekaMrEureka Posts: 24,361 ✭✭✭✭✭
    Sigh. I remember when Bruce was a high roller...


    image
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • tradedollarnuttradedollarnut Posts: 20,166 ✭✭✭✭✭
  • tradedollarnuttradedollarnut Posts: 20,166 ✭✭✭✭✭
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  • DaveEDaveE Posts: 367
    imageimageimageimage

    The quarter is monster! I want that for my Type set!
  • richardshipprichardshipp Posts: 5,647 ✭✭✭
    both gorgeous!
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Nice Quarter. Exactly what an AU-62 should look like.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>Nice Quarter. Exactly what an AU-62 should look like. >>

    Nice quarter. Exactly what an AU58 should look like.image
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  • PQpeacePQpeace Posts: 4,799 ✭✭✭
    I love the toning on the 1877 FB dollar !
    Larry
    Larry Shapiro Rare Coins - LSRC
    POB 854
    Temecula CA 92593
    310-541-7222 office
    310-710-2869 cell
    www.LSRarecoins.com
    Larry@LSRarecoins.com

    PCGS Las Vegas June 24-26
    Baltimore July 14-17
    Chicago August 11-15
  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭
    Wow man. VERY nice quarter!
    image
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Wowsers!!!!!
    Thanks for sharing the eye candy aka killer coins TDN. Now I need to smoke a cigaretteimageimageimage
  • renomedphysrenomedphys Posts: 3,741 ✭✭✭✭✭
    No way I'd let my daughter out dressed like that! image
  • dcarrdcarr Posts: 8,881 ✭✭✭✭✭


    << <i>

    << <i>Nice Quarter. Exactly what an AU-62 should look like. >>

    Nice quarter. Exactly what an AU58 should look like.image >>



    Excellent coins.

    PS:
    Exactly what an AU-50 looked like, prior to grade inflation.
  • pakasmompakasmom Posts: 1,920
    The TD is very pretty... but the quarter is really something special! image
  • Those are beautiful quality coins...
  • tradedollarnuttradedollarnut Posts: 20,166 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Nice Quarter. Exactly what an AU-62 should look like. >>

    Nice quarter. Exactly what an AU58 should look like.image >>



    Excellent coins.

    PS:
    Exactly what an AU-50 looked like, prior to grade inflation. >>



    nah. not even close
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Regarding the 1796, they used to call these coin as having "cabinet friction".
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • tradedollarnuttradedollarnut Posts: 20,166 ✭✭✭✭✭


    << <i>Regarding the 1796, they used to call these coin as having "cabinet friction". >>



    Yes, I think it's a combination of weak strike and friction. There is no circulation rub in the fields which is what will now get you the AU58 grade. And as I've stated all along, I'm totally against artificially limiting grade to 58 if there's any wear and 60 if there's no wear. IMO, throw out the AU and MS descriptor and just give the coin a number netting wear right along with all the other factors that go into a grade.

    So I totally agree with 62 in this case. image
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  • PQpeacePQpeace Posts: 4,799 ✭✭✭
    Bruce,
    Do you have a pic of the 1877 $ that this one replaced ?
    Larry
    Larry Shapiro Rare Coins - LSRC
    POB 854
    Temecula CA 92593
    310-541-7222 office
    310-710-2869 cell
    www.LSRarecoins.com
    Larry@LSRarecoins.com

    PCGS Las Vegas June 24-26
    Baltimore July 14-17
    Chicago August 11-15
  • zap1111zap1111 Posts: 1,298 ✭✭
    Oh my...

    I've turned a new shade of green with envy.

    Congratulations!
    zap
    zap1111
    102 capped bust half dollars - 100 die marriages
    BHNC #198
  • MFHMFH Posts: 11,720 ✭✭✭✭

    Love them both.

    I could get lost just looking at the waves on the Trade Dollar;
    and the Mona Lisa smile of the Quarter is breathtaking !!

    I also agree with your grade assessments - MS 65+ on the 1877 Trade Dollar
    and AU 62 PL on the 1796 Bust Quarter.

    They'd both be part of my Box of Twenty.

    image
    Mike Hayes
    ~~~~~~~~~~~~
    Coin collecting is not a hobby, it's an obsession !

    New Barber Purchases
  • tradedollarnuttradedollarnut Posts: 20,166 ✭✭✭✭✭


    << <i>Bruce,
    Do you have a pic of the 1877 $ that this one replaced ?
    Larry >>



    image
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>

    << <i>Bruce,
    Do you have a pic of the 1877 $ that this one replaced ?
    Larry >>



    Dead Link Fixed >>


    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • tradedollarnuttradedollarnut Posts: 20,166 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Regarding the 1796, they used to call these coin as having "cabinet friction". >>



    Yes, I think it's a combination of weak strike and friction. There is no circulation rub in the fields which is what will now get you the AU58 grade. And as I've stated all along, I'm totally against artificially limiting grade to 58 if there's any wear and 60 if there's no wear. IMO, throw out the AU and MS descriptor and just give the coin a number netting wear right along with all the other factors that go into a grade.

    So I totally agree with 62 in this case. image >>



    I am trying to understand this very concept. I am confused by the term cabinet friction, I believe that cabinet friction should not be considered to mean wear, is that what you are saying TDN and is that why you then believe this is a properly graded ms62 (since you stated that you believe this coin definitely has cabinet friction)? >>



    There is a difference between cabinet friction and circulation wear. Cabinet friction is limited to the very high points of the design. Circulation wear includes field rub - so luster is diminished everywhere. IMO, this coin has cabinet friction [and weak strike] and therefore is indeed technically uncirculated [notice I don't say Mint State] - tho as I stated before I'd agree with the 62 grade even if I thought it circulated. Why should a little friction be treated any differently than a bag mark?
  • MidLifeCrisisMidLifeCrisis Posts: 10,550 ✭✭✭✭✭
    << a true AU62 prooflike 1796 quarter >>

    Well, you didn't disappoint! image
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  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>

    << <i>Regarding the 1796, they used to call these coin as having "cabinet friction". >>



    Yes, I think it's a combination of weak strike and friction. There is no circulation rub in the fields which is what will now get you the AU58 grade. And as I've stated all along, I'm totally against artificially limiting grade to 58 if there's any wear and 60 if there's no wear. IMO, throw out the AU and MS descriptor and just give the coin a number netting wear right along with all the other factors that go into a grade.

    So I totally agree with 62 in this case. image >>



    I am trying to understand this very concept. I am confused by the term cabinet friction, I believe that cabinet friction should not be considered to mean wear, is that what you are saying TDN and is that why you then believe this is a properly graded ms62 (since you stated that you believe this coin definitely has cabinet friction)? >>



    There is a difference between cabinet friction and circulation wear. Cabinet friction is limited to the very high points of the design. Circulation wear includes field rub - so luster is diminished everywhere. IMO, this coin has cabinet friction [and weak strike] and therefore is indeed technically uncirculated [notice I don't say Mint State] - tho as I stated before I'd agree with the 62 grade even if I thought it circulated. Why should a little friction be treated any differently than a bag mark? >>



    What is the highest grade such a coin that has cabinet friction be ie can it go above ms62 in your opinion? >>

    That's a good question, Alan. I realize that you didn't ask me, but my personal answer, assuming that I buy into the concept, would be MS64.

    That said, I have seen numerous bust coins graded MS66, and which I think display cabinet friction.

    I look forward to hearing what TDN says.
  • bidaskbidask Posts: 14,017 ✭✭✭✭✭
    Holy cow...

    Did you find those strolling around or auction?

    What dealer had those?
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • LeeGLeeG Posts: 12,162
    Both are SUPERB!!!!!!


    image
  • tradedollarnuttradedollarnut Posts: 20,166 ✭✭✭✭✭
    IMO, discernable cabinet friction should be treated just like a bagmark or a hairline. Where is it, how obtrusive is it and what does the coin grade otherwise. I can certainly envision a coin with cabinet friction receiving an MS66 grade if it otherwise was a superb gem.
  • illini420illini420 Posts: 11,466 ✭✭✭✭✭


    << <i>Holy cow...

    Did you find those strolling around or auction?

    What dealer had those? >>



    I agree!! Those dealers must be the ones that pack up and leave Friday night because I don't see much stuff like that on Saturday!

    Cool image
  • tradedollarnuttradedollarnut Posts: 20,166 ✭✭✭✭✭


    << <i>Holy cow...

    Did you find those strolling around or auction?

    What dealer had those? >>



    I bought the trade dollar strolling around - took me about 5 seconds to decide on it. I got the quarter from Legend who bought it from auction recently. It did NOT receive the CAC sticker because of the friction on the eagle's breast. However, I happen to look at that differently than JA, so I chose to buy it anyway as I love the balance of the coin. And the price was only 10-15% higher than I sold my very nice AU58 for at least 4 years ago.
  • MoldnutMoldnut Posts: 3,112 ✭✭✭✭
    I love them both but if that quarter was in a NGC holder with that grade this place would be going nuts.
    Derek

    EAC 6024
  • keyman64keyman64 Posts: 15,521 ✭✭✭✭✭
    Holey Cow! Those are awesome....who cares about the elitest bickering over grades...those are awesome!
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • ajmanajman Posts: 1,359 ✭✭✭
    Absolutely amazing coins, and please excuse the drool!image
    Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
  • MoldnutMoldnut Posts: 3,112 ✭✭✭✭

    To me discoloration on the high points with criss cross rat scratches is more than just cabinet friction. IMO
    Derek

    EAC 6024
  • GeomanGeoman Posts: 2,491 ✭✭✭
    That 1877 Trade Dollar is gorgeous!! Nice pick-up!
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    To me discoloration on the high points with criss cross rat scratches is more than just cabinet friction. IMO

    To me, the criss-cross scratches you see are planchet marks that were not struck out. Notice how they are only visible on the highest points, where the metal is not as deeply impressed as elsewhere.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • MoldnutMoldnut Posts: 3,112 ✭✭✭✭
    Yes, that very well could be but that with the discoloration is what gets me thinking.
    Derek

    EAC 6024
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>To me discoloration on the high points with criss cross rat scratches is more than just cabinet friction. IMO >>




    The criss cross scratches are actually weight adjustment file marks common on silver coinage prior to the 1820's.

    The reason these file marks were made on coinage was to ensure that each coin was exactly the same proper weight.
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    Guess I would have to see them in person but IMO your old trade dollar (From the photos) has more eye appeal. Wish I had the funds to snatch it from you. image
  • speetyspeety Posts: 5,424


    << <i>Sigh. I remember when Bruce was a high roller...


    image >>




    Now he's just a dinosaur... image



    Nice coins TDN! image Now time to upgrade some seated dollars and dump the dupes to some chump (me!).
    Want to buy an auction catalog for the William Hesslein Sale (December 2, 1926). Thanks to all those who have helped us obtain the others!!!

  • lcoopielcoopie Posts: 8,873 ✭✭✭✭✭
    so there must be other newps
    LCoopie = Les
  • CatbertCatbert Posts: 7,482 ✭✭✭✭✭


    << <i>image >>



    "Liberty.....is now a buxom Roman matron, with rich, curling tresses scarcely contained by the ribbon and large bow at the back of her head; her full face has been endowed with a Roman dignity that recalls some massive marble bust of Minerva or Dea Roma, goddess of Rome and her empire..........Two new states are represented by stars, as they had been on the previous dollar, and it is soon to be apparent that a quota of 13 stars is all the coinage could accommodate, regardless of the size of the Union. The eagle in the wreath of the reverse is not yet drawn from nature, but he emerges on the coinage out of a tradition, at least a generation in length, of American wood carving, ornaments on doorways, enrichment on the sterns of ships, and shop signs. The curves of his neck and wings are an admirable complement to the wreath and lettering, with milling beyond, and he exhibits decisive talons on his perch of clouds rather than rocks."

    Numismatic Art in America; Aesthetics of the United States Coinage
    2nd Edition
    Cornelius Vermeule
    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • bidaskbidask Posts: 14,017 ✭✭✭✭✭


    << <i>

    << <i>Holy cow...

    Did you find those strolling around or auction?

    What dealer had those? >>



    I bought the trade dollar strolling around - took me about 5 seconds to decide on it. I got the quarter from Legend who bought it from auction recently. It did NOT receive the CAC sticker because of the friction on the eagle's breast. However, I happen to look at that differently than JA, so I chose to buy it anyway as I love the balance of the coin. And the price was only 10-15% higher than I sold my very nice AU58 for at least 4 years ago. >>

    Great story on both coins ...thanks for sharing, congrats!image
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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