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Finest known AU 58 1802/1 bust dollar

bidaskbidask Posts: 14,057 ✭✭✭✭✭
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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    joebb21joebb21 Posts: 4,811 ✭✭✭✭✭
    $13,000
    may the fonz be with you...always...
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    TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    Since I'm unlikely to even get the $17,000 base PCGS price guide past my wife's prying eyes....Not a dime of premium from me. image
    Easily distracted Type Collector
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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Nice Coin image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    HoledandCreativeHoledandCreative Posts: 2,884 ✭✭✭✭✭
    How about that cheek, and the other marks by Star 2, 8, and 12? Plus the wear, isn't 58 a tad too generous?
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    halfhunterhalfhunter Posts: 2,770 ✭✭✭
    Looks like she has her neon headlights on!



    HH
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
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    jcpingjcping Posts: 2,649 ✭✭✭
    Not sure how do you know this is THE best known AU58 of the 02/1. From the photo, I am not sure whether this coin has been dipped and re-toned. I won't pay premium based on this photo. If its skin is original, I have no problem to pay more.
    an SLQ and Ike dollars lover
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    BoosibriBoosibri Posts: 12,692 ✭✭✭✭✭
    Looks very nice! Im not so sure about the topic summary of "How much of PCGS Guide would you pay"
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    cardinalcardinal Posts: 2,005 ✭✭✭✭✭
    This is an example of the BB-234 die variety, tied for the most common 1802/1 die variety. So there is no variety premium above any other 1802/1 dollar. There are several mint state specimens known of the variety, so it is not the finest known of the variety that would deserve a premium for being #1 in the condition census.

    I have seen (and owned) other PCGS-graded AU58's of this date that would lead me to believe the pictured specimen is NOT the finest known example of an 1802/1 graded AU58.
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    oih82w8oih82w8 Posts: 13,105 ✭✭✭✭✭
    No value for the variety? There are stories to be told about why the overdate occurred.



    I only need the Bust Dollar to complete my PCGS Type Set (no gold).



    This is a very nice nice dollar!
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
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    cardinalcardinal Posts: 2,005 ✭✭✭✭✭
    Originally posted by: oih82w8
    No value for the variety? There are stories to be told about why the overdate occurred.

    I only need the Bust Dollar to complete my PCGS Type Set (no gold).

    This is a very nice nice dollar!


    That's not what I said. The intrigue of the overdate itself does add popularity and demand for all of the different die varieties of the 1802/1 overdate. What I was saying is, the piece that is posted is of a specific die pairing that is the most common among the 5 die pairings of 1802/1 dollars, and, accordingly is not worth a premium above any other similarly graded 1802/1 dollar. And, yes, the coin itself is very nice to begin with!

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    lkeigwinlkeigwin Posts: 16,895 ✭✭✭✭✭
    Originally posted by: oih82w8

    No value for the variety? There are stories to be told about why the overdate occurred.



    I only need the Bust Dollar to complete my PCGS Type Set (no gold).



    This is a very nice nice dollar!




    Yes, there is a premium for the variety. It is built into the price guide, though. Just like other varieties.



    I like her but I don't know the market so I'd ask for help on pricing.

    Lance.
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    bidaskbidask Posts: 14,057 ✭✭✭✭✭
    Originally posted by: cardinal
    This is an example of the BB-234 die variety, tied for the most common 1802/1 die variety. So there is no variety premium above any other 1802/1 dollar. There are several mint state specimens known of the variety, so it is not the finest known of the variety that would deserve a premium for being #1 in the condition census.

    I have seen (and owned) other PCGS-graded AU58's of this date that would lead me to believe the pictured specimen is NOT the finest known example of an 1802/1 graded AU58.


    Do you have a picture of one you think is better?

    The skinn in this posted coin does not get any better,

    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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    MrEurekaMrEureka Posts: 24,729 ✭✭✭✭✭
    Most PCGS Bust Dollars in AU58 would not make the grade at CAC. So, to answer the OP, I'd suggest compiling a list of all PCGS CAC AU 58 Heraldic Eagle Dollars that have sold at auction in the past year, and compare them to the PCGS price guide. It could be very enlightening.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    BillJonesBillJones Posts: 35,842 ✭✭✭✭✭
    So AU-58 is among the best 1802 over 1 dollars. I guess that explains why I have not been able to find one I really liked. I'd happily buy a properly graded EF that has not been dipped or cleaned.

    As for this piece I imagine that it will bring a premium for the reasons I stated. It's kind of like the 1801 dollars. Until you have shopped for them, you don't realize that they are harder to find than the other dates around them.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    tradedollarnuttradedollarnut Posts: 20,616 ✭✭✭✭✭
    Originally posted by: MrEureka
    Most PCGS Bust Dollars in AU58 would not make the grade at CAC. So, to answer the OP, I'd suggest compiling a list of all PCGS CAC AU 58 Heraldic Eagle Dollars that have sold at auction in the past year, and compare them to the PCGS price guide. It could be very enlightening.


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    CaptHenwayCaptHenway Posts: 33,985 ✭✭✭✭✭
    Hey, if the date were 1804, this would be a Proof-63!
    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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    goldengolden Posts: 10,478 ✭✭✭✭✭
    I love it!image
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    291fifth291fifth Posts: 25,203 ✭✭✭✭✭
    Why pay a premium for anything in this market. Think discounts for lesser examples.
    All glory is fleeting.
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    BillJonesBillJones Posts: 35,842 ✭✭✭✭✭
    Originally posted by: 291fifth
    Why pay a premium for anything in this market. Think discounts for lesser examples.


    As I have posted in the past, I have been unable to participate in this "bear market." Every time I bid on something the bids go up the ceiling.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    coinkatcoinkat Posts: 24,468 ✭✭✭✭✭
    Very nice- Not sure what is the right buying price... hope it goes well

    edited to add- It is tough to write finest known AU58...that covers a lot of territory.

    Experience the World through Numismatics...it's more than you can imagine.

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    CharlotteDudeCharlotteDude Posts: 3,299 ✭✭✭✭✭
    I like it!
    Got Crust....y gold?
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    JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    Originally posted by: BillJones

    Originally posted by: 291fifth

    Why pay a premium for anything in this market. Think discounts for lesser examples.




    As I have posted in the past, I have been unable to participate in this "bear market." Every time I bid on something the bids go up the ceiling.







    I hear you loud and clear and concur.



    mark



    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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    gripgrip Posts: 9,962 ✭✭✭✭✭
    Listen to me Trump. If you didn't tell the whole world how much
    money you have the price would likely be lowerimage
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    CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,689 ✭✭✭✭
    Not quite following the OP.



    Is the contention that this is the finest known AU58 1802/1 $1?



    Or that it is the finest known example of this die variety?
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    jdimmickjdimmick Posts: 9,962 ✭✭✭✭✭
    Lovely coin!
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    joebb21joebb21 Posts: 4,811 ✭✭✭✭✭
    I think the OP knows this is the only CAC specimen in AU58 with NONE higher.

    Just from the pictures alone I graded the coin au55 and not 58. I cant grade close to as well as JA but i think originality pushed it for a sticker and not technical grade
    may the fonz be with you...always...
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    Rayman311Rayman311 Posts: 423 ✭✭✭
    Beauty!
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    tradedollarnuttradedollarnut Posts: 20,616 ✭✭✭✭✭
    I have an MS64?
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    cardinalcardinal Posts: 2,005 ✭✭✭✭✭
    Originally posted by: joebb21
    I think the OP knows this is the only CAC specimen in AU58 with NONE higher.

    Just from the pictures alone I graded the coin au55 and not 58. I cant grade close to as well as JA but i think originality pushed it for a sticker and not technical grade


    The CAC population is 2 in AU58 and one higher (TDN's MS64).


    Originally posted by: bidask
    Originally posted by: cardinal
    This is an example of the BB-234 die variety, tied for the most common 1802/1 die variety. So there is no variety premium above any other 1802/1 dollar. There are several mint state specimens known of the variety, so it is not the finest known of the variety that would deserve a premium for being #1 in the condition census.

    I have seen (and owned) other PCGS-graded AU58's of this date that would lead me to believe the pictured specimen is NOT the finest known example of an 1802/1 graded AU58.


    Do you have a picture of one you think is better?

    The skinn in this posted coin does not get any better,



    For comparison, here are my decade-old images of the coin I sold 11 years ago --

    image
    image

    To my eyes, this one has a better strike than the one in the first post (look at the complete ribbon and full neck feathers on the eagle), and also lacks the visible rub on the hair and shoulder of Liberty, and the slight high point rub on the chin and eyebrow are less noticeable than on the one in the first post. BTW, this coin sold for $29,900 in June 2005.
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    JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    So I wonder what the OP coin would fetch today?



    mark
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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    bidaskbidask Posts: 14,057 ✭✭✭✭✭
    Originally posted by: cardinal
    Originally posted by: joebb21
    I think the OP knows this is the only CAC specimen in AU58 with NONE higher.

    Just from the pictures alone I graded the coin au55 and not 58. I cant grade close to as well as JA but i think originality pushed it for a sticker and not technical grade


    The CAC population is 2 in AU58 and one higher (TDN's MS64).


    Originally posted by: bidask
    Originally posted by: cardinal
    This is an example of the BB-234 die variety, tied for the most common 1802/1 die variety. So there is no variety premium above any other 1802/1 dollar. There are several mint state specimens known of the variety, so it is not the finest known of the variety that would deserve a premium for being #1 in the condition census.

    I have seen (and owned) other PCGS-graded AU58's of this date that would lead me to believe the pictured specimen is NOT the finest known example of an 1802/1 graded AU58.

    Do you have a picture of one you think is better?

    The skin in this posted coin does not get any better,



    For comparison, here are my decade-old images of the coin I sold 11 years ago --

    image
    image

    To my eyes, this one has a better strike than the one in the first post (look at the complete ribbon and full neck feathers on the eagle), and also lacks the visible rub on the hair and shoulder of Liberty, and the slight high point rub on the chin and eyebrow are less noticeable than on the one in the first post. BTW, this coin sold for $29,900 in June 2005.


    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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    bidaskbidask Posts: 14,057 ✭✭✭✭✭
    Originally posted by: bidask
    Originally posted by: cardinal
    Originally posted by: joebb21
    I think the OP knows this is the only CAC specimen in AU58 with NONE higher.

    Just from the pictures alone I graded the coin au55 and not 58. I cant grade close to as well as JA but i think originality pushed it for a sticker and not technical grade


    The CAC population is 2 in AU58 and one higher (TDN's MS64).


    Originally posted by: bidask
    Originally posted by: cardinal
    This is an example of the BB-234 die variety, tied for the most common 1802/1 die variety. So there is no variety premium above any other 1802/1 dollar. There are several mint state specimens known of the variety, so it is not the finest known of the variety that would deserve a premium for being #1 in the condition census.

    I have seen (and owned) other PCGS-graded AU58's of this date that would lead me to believe the pictured specimen is NOT the finest known example of an 1802/1 graded AU58.

    Do you have a picture of one you think is better?

    The skin in this posted coin does not get any better,



    For comparison, here are my decade-old images of the coin I sold 11 years ago --

    image
    image

    To my eyes, this one has a better strike than the one in the first post (look at the complete ribbon and full neck feathers on the eagle), and also lacks the visible rub on the hair and shoulder of Liberty, and the slight high point rub on the chin and eyebrow are less noticeable than on the one in the first post. BTW, this coin sold for $29,900 in June 2005.


    Technically true but the eye appeal in the OP trumps.

    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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    1Bustcollector1Bustcollector Posts: 584 ✭✭✭
    (Judging by photos)....I would be very happy owning the OP example. It is a beautiful looking piece even with its slight surface impairments and strike. It should fetch a premium regardless. Yes, the second example shown does have a better strike and nicer surfaces but doesn't appear to have that pizazz attraction as the first one, maybe it does in person, and yes it too should fetch a premium.

    How much on either coin? A great question!
    Persuing choice countermarked coinage on 2 reales.

    Enjoyed numismatic conversations with Eric P. Newman, Dave Akers, Jules Reiver, David Davis, Russ Logan, John McCloskey, Kirk Gorman, W. David Perkins...
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    ElcontadorElcontador Posts: 7,740 ✭✭✭✭✭
    1) If you're buying a variety, you are paying a premium which you may or may not get back when you sell the coin.

    2) If a coin is worth over $100, I see it and / or someone I trust who knows more than I do sees it, or I'm not interested.

    3) From the image, the coin does not appear to have original skin. In buying a Bust $, I waited until I found one with original skin; these coins imo are worth a premium. I would pass on the one in the photo.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
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    BoosibriBoosibri Posts: 12,692 ✭✭✭✭✭
    Didn't TDN just say he has a 64???
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    oih82w8oih82w8 Posts: 13,105 ✭✭✭✭✭
    My apologies cardinal, I misread your comment.
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
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    messydeskmessydesk Posts: 20,775 ✭✭✭✭✭
    OP's coin is wide date, cardinal's coin is narrow date, so I'm guessing their being different die pairs is the reason for strike differences between the two. I find cardinal's more appealing. Would love to own, but can't afford, either of them.
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    VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭
    Sweet! This CAC's AU58 went for $18.8k 3 years ago: ha.com
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    CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,689 ✭✭✭✭
    Originally posted by: VanHalen

    Sweet! This CAC's AU58 went for $18.8k 3 years ago: ha.com




    Same coin.



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    VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭
    Originally posted by: CoinRaritiesOnline

    Originally posted by: VanHalen

    Sweet! This CAC's AU58 went for $18.8k 3 years ago: ha.com




    Same coin.







    Oh. Thanks for bringing that to my attention. image



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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    I would prefer Cardinal's ex-AU58. It may not be the best AU58 though.....why you say?



    Because it might end up in a MS61 holder first. image I've had some early draped bust coinage end up in 61/62 holders that had more more marks and less luster than Cardinal's coin.



    I'll take Unc over some extra color.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    cardinalcardinal Posts: 2,005 ✭✭✭✭✭
    Originally posted by: roadrunner
    I would prefer Cardinal's ex-AU58. It may not be the best AU58 though.....why you say?

    Because it might end up in a MS61 holder first. image I've had some early draped bust coinage end up in 61/62 holders that had more more marks and less luster than Cardinal's coin.

    I'll take Unc over some extra color.



    Thanks roadrunner! As seen in Heritage's pictures of the coin in the original post, images of coins in slabs can look quite different than images focusing just on the coin itself.

    Here are the images of the AU58 I posted earlier -- simple flatbed scans of the coin in its holder during 2002:

    image
    image

    I just dug out my CD of the online auction images from the June 2005 sale. (Sadly, the ANR/Stacks/B&M archives from that time were lost.) These focused on the coin itself, and brought out more of the actual color of the coin:

    image
    image

    And here is the auction description:
    "Light lilac, rose, gold, and pale blue tones grace lustrous surfaces. The reverse is slightly prooflike and shows excellent detail, while the obverse is more frosty. Stars one through four lack centers, but the obverse shows good definition elsewhere. A few nicks on Liberty's throat are noted, some light hairlines and scattered marks elsewhere. Bowers state II, the usual state, with a horizontal die crack from Liberty's bust towards star 13. An appealing high-grade example of this overdate, a coin that will prove a serious challenge to upgrade."
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    CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,689 ✭✭✭✭
    Here is the original ANR listing of Cardinal's coin.
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    cardinalcardinal Posts: 2,005 ✭✭✭✭✭
    Originally posted by: CoinRaritiesOnline
    Here is the original ANR listing of Cardinal's coin.



    Thanks John! I thought these were all lost!
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    bidaskbidask Posts: 14,057 ✭✭✭✭✭
    I would have to see the 2 coins in hand to clearly determine the better eye appeal.

    But from the pictures posted I still like the coin in the OP.

    Really not even close imo.
    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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    JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    Ginger vs Mary Anne. Two happy choices



    mark
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    Those additional photos of the Cardinal coin make it look a bit better. I'd grade a Barber or Seated half looking like that as at least AU58. Yet this is a draped bust coin where the standards tend to be a LOT looser. And the issue of minor friction is hardly an issue when most MS61's to 64's draped bust halves/dollars also exhibit friction.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    johnny9434johnny9434 Posts: 32,995 ✭✭✭✭✭
    id love to have that one in my collection

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