1821 JR-2 R6+? Lg. Date Capped Bust Dime

BustHalfBrian

Just trying to figure out why this coin sold for so much...

I mean, it has nice details and all, but there must be more to it. I tried to attribute it using CF but the examples they provide aren't helpful - they're worn slick.

If this is JR-2, which is R6+, did someone just make a huge rip? STONE perhaps?

If not that, maybe someone can shed light on what makes this coin so special.

SoCalBigMark

One reason is the winner never learned to snipe.

CBJesse

Yep, looks like a JR-2, R-6+ to me.

Some diagnostics:

Obv 1: Large date, broken left serif of second one, S8 near peak of cap, S7 to upper edge of headband. Star to dentils positions: LUBL
Rev B: Defective left foot on right upright of M, defective left foot on right diagonal of all A's, Right edge of C lines up with tip of second talon. I2 low, etc.

I circled some of the major diagnostics in a picture and tried to changed the contrast to make it easier to see. Hopefully it helped a little.

EastonCollection

You got that right - a huge rip.

DIMEMAN

Yes, it is the JR2. I didn't like the surfaces, but should have gone after it anyway I guess.

STONE

THIS COIN!

Ok, lets talk about it....

Die Marriage: 1821 JR-2
Rarity: recently published as R6+; my rarity mid-R5. Why do I call it an R5? I discovered/bought 5 of these in a 16-month period. I see/hear about 2-4(or more) being added to the census each year for the last 3 years. Certainly there are several more out there. I hypothesize that some collectors don't want to see this rarity down-graded (like so many other Bust Dime die marriages have in the last 5+ years) and under-report the quantity they own in the census.

Grade: Technically a VF-20 (or so) in terms of detail. But there are several areas of damage. Small dig at 12 o'clock, surface pitting, and engraved initials in the left obverse field, and has the appearance like it could have been cleaned.

Did I buy it? NO

Why did I not buy it? I own/have owned too many. The rarity is exaggerated. It's a problem coin, although with unusually nice detail. And some other collector (cough DIMEMAN) could probably use it for their set more than I could for my 'unintentional hoard'

Was this a bargain? IMO, not really. Could the buyer make a couple hundred dollars on it? Probably. But this die marriage does not attract a lot of attention outside of the Bust Dime Die Marriage collectors (unlike other 'Red Book' varieties).

coin22lover

Where are the most recent rarity updates for CBD's?

rhedden

My feeling is that it was recognized by several people, and it wasn't a rip. Rather, the price has just come down due to more and more examples turning up. Stone's comments, and the fact that he did not bid, are very revealing.

Barndog

<< <i>Where are the most recent rarity updates for CBD's? >>



John Reich Journal, as always. Latest was Dec 2013 issue by author David Quint

To join JRCS and get these updates: http://www.jrcs.org/membershipapplication.html

mozin

Join the John Reich Collectors Society. Then buy up the back issues pertaining to the census on the series you want. Cheap investment that could well save you a bundle on even one coin purchase.