My favorite Long Beach newps...

...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].

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Comments
<< <i>a true AU62 prooflike 1796 quarter >>
Yup, I'm looking forward to seeing that!
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
The quarter is monster! I want that for my Type set!
<< <i>Nice Quarter. Exactly what an AU-62 should look like. >>
Nice quarter. Exactly what an AU58 should look like.
Larry
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
Thanks for sharing the eye candy aka killer coins TDN. Now I need to smoke a cigarette
Empty Nest Collection
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<< <i>Nice Quarter. Exactly what an AU-62 should look like. >>
Nice quarter. Exactly what an AU58 should look like.
Excellent coins.
PS:
Exactly what an AU-50 looked like, prior to grade inflation.
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<< <i>
<< <i>Nice Quarter. Exactly what an AU-62 should look like. >>
Nice quarter. Exactly what an AU58 should look like.
Excellent coins.
PS:
Exactly what an AU-50 looked like, prior to grade inflation. >>
nah. not even close
<< <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.
Do you have a pic of the 1877 $ that this one replaced ?
Larry
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
I've turned a new shade of green with envy.
Congratulations!
zap
102 capped bust half dollars - 100 die marriages
BHNC #198
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.
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
<< <i>Bruce,
Do you have a pic of the 1877 $ that this one replaced ?
Larry >>
<< <i>
<< <i>Bruce,
Do you have a pic of the 1877 $ that this one replaced ?
Larry >>
Dead Link Fixed >>
<< <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.
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?
Well, you didn't disappoint!
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<< <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.
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.
Did you find those strolling around or auction?
What dealer had those?
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <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
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
<< <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.
EAC 6024
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
To me discoloration on the high points with criss cross rat scratches is more than just cabinet friction. IMO
EAC 6024
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.
EAC 6024
<< <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.
<< <i>Sigh. I remember when Bruce was a high roller...
Now he's just a dinosaur...
Nice coins TDN!
<< <i>
"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
"Got a flaming heart, can't get my fill"
<< <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!
I give away money. I collect money.
I don’t love money . I do love the Lord God.