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Another Unhappy Find in My Coins Bought Years Ago (Pictures Added)

melvin289melvin289 Posts: 3,019 ✭
in U.S. Coin Forum
I have been going through some old purchases I made years ago. I ran across the only Seated Half I own. In looking at the half with a 5x magnifier I see where there is what appears to be a repair on the reverse of the coin. I bought this at a coin show at the local mall 35 to 40 years ago. There looks to be a patch on the eagles right talon. How in the world I have never noticed this before I don't know. I think I might just be sick for a couple of days for being so naive and trusting people back then. I have had some coins looked at that I bought from a trusted dealer at the local coin club meetings only to find out they are all less than the grade at which they were sold. The coin club was late 60's. I guess that's what I deserve for dealing with shade tree dealers and vest pocket dealers. Ah to be young and dumb again.

Ron
Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.

Comments

  • GolfguyinTXGolfguyinTX Posts: 41
    At least it has character, to keep it this long, I would say it's a keeper.
  • CoinlearnerCoinlearner Posts: 2,498 ✭✭✭✭
    image
  • atarianatarian Posts: 3,116 ✭


    << <i>image >>




    +1
    Founder of the NDCCA. *WAM Count : 025. *NDCCA Database Count : 2,610. *You suck 6/24/10. <3 In memory of Tiggar 5/21/1994 - 5/28/2010 <3
    image
  • melvin289melvin289 Posts: 3,019 ✭


    << <i>

    << <i>image >>




    +1 >>



    I will try and get some pictures over the weekend and post Sunday night.

    Ron
    Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.
  • atarianatarian Posts: 3,116 ✭
    Your the best. Cant wait to see what you got there.
    Founder of the NDCCA. *WAM Count : 025. *NDCCA Database Count : 2,610. *You suck 6/24/10. <3 In memory of Tiggar 5/21/1994 - 5/28/2010 <3
    image
  • MsMorrisineMsMorrisine Posts: 35,413 ✭✭✭✭✭
    I've never seen a coin with a band-aid! I can't wait!
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • droopyddroopyd Posts: 5,381 ✭✭✭
    The upside is that if you bought it 40 years ago you probably didn't lose a whole lot on it.
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
  • melvin289melvin289 Posts: 3,019 ✭


    << <i>The upside is that if you bought it 40 years ago you probably didn't lose a whole lot on it. >>



    This is one of those times I just don't remember what I paid for the coin.

    Ron
    Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.
  • PerryHallPerryHall Posts: 46,765 ✭✭✭✭✭
    Are you sure it's tooling rather than a small scuff mark or other contact mark? I've seen slabbed coins with contact marks that look similar to tooling but wasn't. A pic would help.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • Mission16Mission16 Posts: 1,413 ✭✭✭


    << <i>

    << <i>The upside is that if you bought it 40 years ago you probably didn't lose a whole lot on it. >>



    This is one of those times I just don't remember what I paid for the coin.

    Ron >>




    I find it better that way.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    We all have our 'tuition' stories... move on and feel good that you have learned so much. Cheers, RickO
  • lasvegasteddylasvegasteddy Posts: 10,419 ✭✭✭
    lol...
    yup i'm in this crowd too
    many a retro purchase has me shaking my head
    then again...
    it continues too as i still make mistakes...way more then others too it appears...life
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Sorry to say but what you describe from back then is a part of the reason that "Professional" grading came into the hobby with such ease. That and the fact that ownership just had to add a grade.

    image
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • DAMDAM Posts: 2,410 ✭✭
    All part of the learning curve.

    We've all done it.
    Dan
  • DAMDAM Posts: 2,410 ✭✭
    << The upside is that if you bought it 40 years ago you probably didn't lose a whole lot on it. >>



    This is one of those times I just don't remember what I paid for the coin.

    Ron

    Blackout periods, gotta love'em. The brain can be your friend. image
    Dan
  • BaseballAbsBaseballAbs Posts: 2,621 ✭
    I got raked once or twice. I remember one of my first coins was a large problem large cent. 1802 to be exact. Even by today's prices I over paid by about sixty bucks on a G graded coin.
    Winner of the "You Suck!" award March 17, 2010 by LanLord, doh, 123cents and Bear.
  • johnny9434johnny9434 Posts: 29,102 ✭✭✭✭✭


    << <i>All part of the learning curve.

    We've all done it. >>

    no kidding, at least once here image
  • renomedphysrenomedphys Posts: 3,797 ✭✭✭✭✭


    << <i>This is one of those times I just don't remember what I paid for the coin.

    Ron >>


    Funny thing about remembering what you paid for a coin, as it really doesn't matter one iota when it comes time to sell image

    Empty Nest Collection

  • Bankerbob56Bankerbob56 Posts: 1,397 ✭✭✭


    << <i>

    << <i>This is one of those times I just don't remember what I paid for the coin.

    Ron >>


    Funny thing about remembering what you paid for a coin, as it really doesn't matter one iota when it comes time to sell image >>



    Ain't that the truth!!!!
    What we've got here is failure to communicate.....

    Successful BST xactions w/PCcoins, Drunner, Manofcoins, Rampage, docg, Poppee, RobKool, and MichealDixon.
  • MowgliMowgli Posts: 1,219 ✭
    I have a date set of seated halves and would be shocked if only half of them didn't slab. These were bought from the seated experts where you have to believe they carry better material than most folks.
    In the land of the blind the one-eyed man is king.
  • MrHalfDimeMrHalfDime Posts: 3,440 ✭✭✭✭
    I wouldn't lose much sleep over it. Truth be told, we have all made such ill-advised purchases before we learned to properly evaluate and grade coins for ourselves. The difference is, you were honest enough to admit it, while many others just keep quiet about their mistakes (and probably pass them on to others). It is part of the learning curve associated with this, and any, collectible hobby. I dare say, after 40 years, you are not likely to make the same mistake again. Chock it up to experience. And please do post some pictures, as others have suggested, to help prevent others from making the same mistake.
    They that can give up essential Liberty to obtain a little temporary safety deserve neither Liberty nor safety. Benjamin Franklin
  • ElcontadorElcontador Posts: 7,673 ✭✭✭✭✭


    << <i>The upside is that if you bought it 40 years ago you probably didn't lose a whole lot on it. >>



    No, the opportunity cost on that coin could have been huge. Ie., I bought what I thought was a gem 31 D Dime in 1968. Blazing luster, no question full split bands, the works. But the lighting was so bad that I missed a thin scratch on Miss Liberty's cheek. The coin was an MS 63 and when I sold it 30 years later, I actually lost money on it.

    To give you an idea what you could buy back in the day, I bought a 36 S Walker for $35 that same year that is now in a PC 6 holder. the 5 rolls of IHCs in G which I paid $9 per roll were traded for an 09 P IHC in a PC 5 RD OGH.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • SkyManSkyMan Posts: 9,493 ✭✭✭✭✭
    Ah the joys of the learning curve. Maybe we all ought to start, "The Learning Curve Club".
    Toned Franklins

    U.S. Type Set
  • melvin289melvin289 Posts: 3,019 ✭
    Sorry for my pictures. I hope from the picture of the reverse that the repair shows.
    As you can see it's in no way an expensive coin. My only reason for making this post was the type people most of us have dealt with down through the years. To sell a problem coin and not mention the problem. Not all dealers are like this. I know I should have caught the problem.

    Ron


    image

    image
    Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.
  • lcoopielcoopie Posts: 8,873 ✭✭✭✭✭
    see if you can return it

    image
    LCoopie = Les
  • melvin289melvin289 Posts: 3,019 ✭


    << <i>see if you can return it

    image >>




    I could probably go throw it on his grave if I knew his name.

    Ron

    image
    Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.
  • GoldenEyeNumismaticsGoldenEyeNumismatics Posts: 13,187 ✭✭✭
    That might be a strike-thru instead of a repair.
  • melvin289melvin289 Posts: 3,019 ✭


    << <i>That might be a strike-thru instead of a repair. >>



    With coin in hand it looks like a glob of metal has been put into a recess in the coins surface. But the coin is not valuable enough to make a repair on.

    Ron
    Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.
  • BillyKingsleyBillyKingsley Posts: 2,661 ✭✭✭✭
    It looks to me more like the talon got damaged and they tried to smooth it out and went too far.

    Even so, I still think it looks nice. A solid, if not perfect, coin. In my book, perfect is over rated.
    Billy Kingsley ANA R-3146356 Cardboard History // Numismatic History
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    << <i>I've never seen a coin with a band-aid! I can't wait! >>



    ...i'm wondering if it was in a johnson&johnson holder image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington

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