Options
Opinions on a trade dollar
Greetings all,
My mom's coworker is trying to get rid of some coins that belonged to her father, and my mom asked if I'd be interested in taking a look at them. There are lots of lower grade indian cents, some half and large cents and a few other miscellaneous coins, most of which I am confident are not of particularly great value. The trade dollar shown below, however, I am not confident assigning a value to.
Opinions on authenticity and value are much appreciated. I have a Red Book, and can search eBay for values, but I know there are lots of counterfeit trade dollars floating around, and I'm not sure how much one should deduct for the hole.
Also, three of the large cents have had the 'e' in cent changed to a 'u.' The damage appears to be old, as there is no unbrowned metal showing from the impact that rearranged the metal to reform the letter. Does this completely ruin the value of these? They are common dates.


Thanks,
Seth
My mom's coworker is trying to get rid of some coins that belonged to her father, and my mom asked if I'd be interested in taking a look at them. There are lots of lower grade indian cents, some half and large cents and a few other miscellaneous coins, most of which I am confident are not of particularly great value. The trade dollar shown below, however, I am not confident assigning a value to.
Opinions on authenticity and value are much appreciated. I have a Red Book, and can search eBay for values, but I know there are lots of counterfeit trade dollars floating around, and I'm not sure how much one should deduct for the hole.
Also, three of the large cents have had the 'e' in cent changed to a 'u.' The damage appears to be old, as there is no unbrowned metal showing from the impact that rearranged the metal to reform the letter. Does this completely ruin the value of these? They are common dates.


Thanks,
Seth
0
Comments
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
There are a few folks who collect large cents that have been perverted in this manner, go figure - nothing shocks me anymore.
Apart from that, assuming the rest of the coin is undamaged, it shouldn't hurt the value signicantly - but again, as common dates, and assumed fairly worn, there probably isn't much value there to start with. Maybe a $15 coin going to $10, as an example. Now if it was on an otherwise flawless 1799 or a wreath cent, it would be a bigger problem!
I kind of wonder how he wound up with three of them, as I've only seen two in my life, and I look at a lot of large cents!
...and I don't buy holed coins.
In honor of the memory of Cpl. Michael E. Thompson
<< <i>that is a 1876p type 1/2 common date Trade with EF40 details. It could make it in a Gen holder but the value isn't much different. About 50-75$ at auction ir $99 retail. Sad because few non-holed coin survive that unmolested and original, I see why some don't mind a clean hole on the classics. >>
bob
<< <i>It seems I need a lesson in the varieties. What is a 1/2 versus a 2/2 in the OP's coin? Thank you for the help. >>
Mid series the mint changed the master hubs they used for Trade dollars for a number of reasons. While there is a few smaller off shoots the major changes make for 2 main Obv and 2 Main Rev's. The mint deployed these dies in the years 1875 and 1876 creating some transistional pairings, there are known pairing as follows with the first number being the Obv Die and the 2nd number being the Rev Die. Note some of the pairings are very rare and if you would like to see pictures you can click on my siglink or TDN has a very good web site
1875P 1/1 , 1/2
1875s 1/1, 1/2
1875cc 1/1, 1/2
1876p 1/1, 1/2, 2/2
1876s 1/1, 1/2, 2/2
1876cc 1/1, 1/2