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Ever seen a dmpl coin from 1795?

tradedollarnuttradedollarnut Posts: 20,201 ✭✭✭✭✭

Man is this tiny gem prooflike! My cell phone pic doesn’t do it justice at all

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Comments

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    NO, but I have seen early Bust coins with PL surfaces and coins that look PL because of the way the toning reflected the light. I guess you just bought this beauty. Are you starting a new Registry Set? :wink:

  • MFeldMFeld Posts: 14,871 ✭✭✭✭✭

    Didn’t Jimmy Hayes have a DPL 1795 Draped Bust dollar?

    Regardless, is that the exceptionally well struck, under-graded 1795 half dime that another poster started a thread about, only now with a better image?😈

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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  • specialistspecialist Posts: 956 ✭✭✭✭✭

    WOW. To everyone who follows the big price buyer out there, you have to step up like Bruce to to buy a REAL coin like this!

    I have owned 2 PCGS MS67's (one was CAC). The obverse on this coin is a 67+. The reverse has a slightly weak strike and has light adj marks. It had been in NGC 67 holder. Truthfully, they should have crossed it.

    Think about this-a frosty prooflike 224 year old coin-WOW!

  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited May 7, 2019 7:06PM

    @MFeld said:
    Didn’t Jimmy Hayes have a DPL 1795 Draped Bust dollar?

    Yes, the Garrett-Hayes-Pogue SP66 "Type 2", Jimmy specialized in first year of type. As noted, extraordinary and (to me) more dramatic and sensual fun to look at than the TDN 1794.

    Regardless, is that the exceptionally well struck, under-graded 1795 half dime that another poster started a thread about, only now with a better image?😈

    That coin was not as well struck in the denticles, but I can see how the mistake could be made >:):*

    In fairness, I think that this coin is even more extraordinary than the one previously referred to. The general consensus was there was no way the earlier-mentioned coin went past 66. This is in the OMFUG category (as long as it doesn't break in half) <3 .

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • tradedollarnuttradedollarnut Posts: 20,201 ✭✭✭✭✭

    Having seen both, this half dime is more proof like on the obverse than the dollar. The dollar also had a bit of a funky look to it. Price realized wasn’t all there if you need market confirmation for my assertion.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭
    edited May 7, 2019 7:09PM

    OK. Very expensive coin.

    What can the OP tell us about the coin, it's production, its economic utility in 1795-96, dies made/used and by whom. What makes this half dime, and its cousins, special, interesting or "worth" more than mere money?

    Or is it just another shiny bauble?

    :)

  • MFeldMFeld Posts: 14,871 ✭✭✭✭✭

    @RogerB said:
    OK. Very expensive coin.

    What can the OP tell us about the coin, it's production, its economic utility in 1795-96, dies made/used and by whom. What makes this half dime, and its cousins, special, interesting or "worth" more than mere money?

    Or is it just another shiny bauble?

    :)

    No one made any reference to the monetary value of the coin until you brought up “Very expensive coin”.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited May 7, 2019 7:56PM

    Are we talking about the same coin? IIRC, Jimmy sold it for less than he bought it in Garrett. :'( I was in the same row with him and JD when he sold it. Disappointed, he took the punch, shook his head and exhaled "great coin". Didn't Eddie Milas buy your 1866 $1 a few lots later? Or was that Kenny? Or was that later?

    Pogue sold it for just over a million bucks, which is not supportive of your assertion of lack of market confirmation.
    Nothing beats a 94 $1, but I've known both coins since their first "modern" appearances. I simply enjoy looking at the Draped Bust more.

    Furthermore, if you checked earlier images, you would see that your assertion of "funkiness" is a result of poor storage and secondary toning over a relatively short period, not any artificial process, as "funky" might suggest.

    Of very very few coins from this era, because of its unique fabric, this coin could be conserved quite successfully.
    I'll accept any corrections from @MrEureka who was not only there with me but could write an even better book. So sorry you missed it. :'(

    Ask your partner >:) Ask @Kevin, LOL.
    ROFLMAO, you do yourself no service, rookie, if you intend to get bitchy peevish with me. I don't like your half dime less, I just like the dollar more <3 It's not actually apples and oranges. Maybe a grape?

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • CaptHenwayCaptHenway Posts: 32,740 ✭✭✭✭✭

    Day-yum!

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • ilikemonstersilikemonsters Posts: 767 ✭✭✭✭

    I saw this coin at the Vegas Invitational. It’s my favorite coin I saw at that show.

    If I had the money, I’d buy it in a heartbeat.

  • tradedollarnuttradedollarnut Posts: 20,201 ✭✭✭✭✭

    @ColonelJessup said:
    Are we talking about the same coin? Jimmy sold it for less than he bought it in Garrett.

    However, Pogue sold it for just over a million bucks, which is not supportive of your assertion of lack of market confirmation.

    Furthermore, if you checked earlier images, you would see that your assertion of "funkiness" is a result of poor storage and secondary toning over a relatively short period, not any artificial process, as "funky" might suggest.

    Of very very few coins from this era, because of its unique fabric, this coin could be conserved quite successfully.
    I'll accept any corrections from @MrEureka who was not only there with me but could write an even better book. So sorry you missed it.

    Ask your partner >:) Do not get bitchy with me, rookie :#:#

    If my partner had loved the coin, it would have fetched 40% more...

  • KkathylKkathyl Posts: 3,762 ✭✭✭✭✭

    That’s Great history to have a coin created under Jefferson time and be similar to buying a Rolls Royce but have the appeal of grandmas hand backed cookies. Even the later scrap batches. Wow.

    Best place to buy !
    Bronze Associate member

  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited May 7, 2019 8:26PM

    @tradedollarnut said:

    @ColonelJessup said:
    Are we talking about the same coin? Jimmy sold it for less than he bought it in Garrett.

    However, Pogue sold it for just over a million bucks, which is not supportive of your assertion of lack of market confirmation.

    Furthermore, if you checked earlier images, you would see that your assertion of "funkiness" is a result of poor storage and secondary toning over a relatively short period, not any artificial process, as "funky" might suggest.

    Of very very few coins from this era, because of its unique fabric, this coin could be conserved quite successfully.
    I'll accept any corrections from @MrEureka who was not only there with me but could write an even better book. So sorry you missed it.

    Ask your partner >:) Do not get bitchy with me, rookie :#:#

    If my partner had loved the coin, it would have fetched 40% more...

    I've heard that line about 600 times. I heard that some years ago when she told me the same thing about a 1911 PF68 dime. she then came in fourth behind Avena, Hendleson and me at maybe $13K all-in. Cracked it a few days later for a PR68+CAM (sic?). Six weeks later @cnncoins, my partner, called me up from the NGC Trade and Grade and told me he sold it to your partner in its NGC PF69 holder for $35K. So I don't much care how your partner values coins when her testosterone gets over-excited. Though, in fairness to her, unlike this one, she's often the buyer at a much lower price.
    Are you trying to muscle me, Mr. Johnson? Ask your partner or @Kevin about that.

    Frankly, "my partner would have paid 40% more" seems more rhetoric than reality.
    My company motto, as approved by the Honorable Member from Louisiana (ask him, he's been carry my old business card since 2000) declaring the more straightforward "We f@@k the other guy and pass the savings along to you".

    This is so much fun.

    You do realize I think your coin is stunning, right? <3

    You do realize you're being trolled, right? :smiley:

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • tradedollarnuttradedollarnut Posts: 20,201 ✭✭✭✭✭

    Yup. And you have a mistake in your post. I asserted that if she had loved the coin it would have fetched 40% more - but I didn’t say she was the one who would buy it

    Check out my track record for getting outbid...

  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited May 7, 2019 8:56PM

    Have you ever had your narcissism checked out? That is, by the way (ask your partner), a professional observation.
    I have never, in the last 40 years of this, ever ever seen a guy more appropriately called "Mr. Johnson".
    I told John Pittman face-to-face that my Proof 1838 $10 was better than his and he sputtered, and I said "Let's go ask Dave (Akers), he's only a couple of aisles away and he's handled both". He demurred.
    John was not a study in humility, :#
    I've told @Kevin to "stop waving it in my face" just to see his face. :p
    But in this situation, I also demur.
    You're very bright and very shrewd and don't have small hands.
    Mr. Johnson B)

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • tradedollarnuttradedollarnut Posts: 20,201 ✭✭✭✭✭
  • WalkerfanWalkerfan Posts: 9,747 ✭✭✭✭✭

    That coin is a real knockout!

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited May 7, 2019 10:47PM

    @RogerB said:
    OK. Very expensive coin.

    What can the OP tell us about the coin, it's production, its economic utility in 1795-96, dies made/used and by whom. What makes this half dime, and its cousins, special, interesting or "worth" more than mere money?

    Or is it just another shiny bauble?

    :)

    I'm wondering what can a noted author tell us about it? ;)

  • 3keepSECRETif2rDEAD3keepSECRETif2rDEAD Posts: 4,285 ✭✭✭✭✭

    ...oh yeah now that baby is headlights to heaven bad ass!!!! There is a coin that has it All right there and a Perfect addition to your World Class Collection man! Congrats ;)

  • SanctionIISanctionII Posts: 12,603 ✭✭✭✭✭

    Not until today.

    Nice coin.

  • Coin FinderCoin Finder Posts: 7,407 ✭✭✭✭✭

    I'm not sure what the argument is but yes that is a nice coin and PCGS and CAC liked it. Of course a coin like that would be loved in any holder or envelope wouldn't it?

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    @specialist said:
    Think about this-a frosty prooflike 224 year old coin-WOW!

    Mint frost/luster is the antithesis of fully mirrored fields expected for a PL designation. Usually coins with significant frost left are described as semi-PL at best. Regardless it is a special coin.

  • kazkaz Posts: 9,274 ✭✭✭✭✭

    Amazing!

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    A really beautiful coin... Absolutely amazing that it has been preserved in such stunning condition. Cheers, RickO

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited May 8, 2019 6:50AM

    Always curious about pedigrees / provenances, CoinFacts indicates the following for this coin.

    https://www.pcgs.com/coinfacts/coin/1795-h10c/4251/66

    • Knoxville Collection
    • Jay Parrino (The Mint)
    • Stack's 1/2007:352, $184,000
    • Bob R. Simpson Collection

    This is currently in timgoff99's "Dime Box Half Dimes" registry set.

    Great to have Bruce on this notable list now!

  • tradedollarnuttradedollarnut Posts: 20,201 ✭✭✭✭✭
    edited May 8, 2019 6:44AM

    Just looked at the Knoxville catalog - highly doubtful it’s that coin. Only ricko would dip off the beautiful colors that example shows.

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited May 8, 2019 7:44AM

    @tradedollarnut said:
    Just looked at the Knoxville catalog - highly doubtful it’s that coin. Only ricko would dip off the beautiful colors that example shows.

    Hmm. Looks like PCGS needs to fix the pedigree / provenance then. PCGS CoinFacts actually indicates 2 coins have the same pedigree, a MS67 and your MS66+. This looks like an error as both entires list the same Stack's sold price in 2007.

    Too bad as your 1794 specimen dollar was also sold by Knoxville to Parrino so they could have had 2 of the same previous owners and been in the same transaction. Perhaps the other coin may be needed for a reunion?

    Here's the listing from CoinFacts:

    https://www.pcgs.com/coinfacts/coin/1795-h10c/4251/66

    Here's the other coin. Does this look like the coin in the Knoxville catalog?

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited May 8, 2019 7:47AM

    @MFeld said:

    @RogerB said:
    OK. Very expensive coin.

    What can the OP tell us about the coin, it's production, its economic utility in 1795-96, dies made/used and by whom. What makes this half dime, and its cousins, special, interesting or "worth" more than mere money?

    Or is it just another shiny bauble?

    :)

    No one made any reference to the monetary value of the coin until you brought up “Very expensive coin”.

    But that's what most folks(especially non-collectors) ALWAYS wish to know. Me too. Fortunately, I've learned that it is not polite to ask and you'll rarely get an answer from a person with class. Unfortunately, I have no class so if someone asks me how much something costs, I figure they are interested (normal reaction) and I'll tell them. Usually it is no big deal and gets little reaction. Now I realize if I showed someone that tiny coin and when they asked I said: 200K (?) that might make an impression! LOL. They would possibly think I was a fool or a braggart.

    Hey, Mr. Tradedollarnut since this is your discussion, what I would really enjoy seeing is a view of your house again. It is probably finished by now and there is grass. Pretty Please. <3

  • NysotoNysoto Posts: 3,824 ✭✭✭✭✭
    edited May 8, 2019 9:45AM

    The 15 or so 1795 LM-7's that survive all have the bisecting obverse die crack, and three examples are high enough in grade to retain the proof-like polish of the fields imparted by the dies - this coin, the Eliasberg LM-7 (this?), and another NGC MS67 LM-7 sold on Heritage.

    Certain die marriages of 1794 and 1795 have heavy bisecting cracks in all known examples, thermal shock along a grain boundary from improper hardening, as Robert Scot described to Congress in December of 1794 "the precariousness and uncertainty of hardening and tempering the Dies, whereby they are often lost without striking a single coin." (NARA RG104, folder 14). Scot evidently tried to save the dies on LM-7 by extra lapping and polishing - it worked for a short while on the obverse, and the reverse die was used once more on LM-8. More of a die salvage effort than a "unique presentation specimen" used to describe the Eliasberg LM-7.

    Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @cameonut2011 said:

    @specialist said:
    Think about this-a frosty prooflike 224 year old coin-WOW!

    Mint frost/luster is the antithesis of fully mirrored fields expected for a PL designation. Usually coins with significant frost left are described as semi-PL at best. Regardless it is a special coin.

    I think she was referring to the mint frost on the relief that contrasts with the mirror reflection of the field. At least that's the way I understood the post.

  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭

    Bruce that is indeed impressive

    m

    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......
  • MFeldMFeld Posts: 14,871 ✭✭✭✭✭

    @Insider2 said:

    @MFeld said:

    @RogerB said:
    OK. Very expensive coin.

    What can the OP tell us about the coin, it's production, its economic utility in 1795-96, dies made/used and by whom. What makes this half dime, and its cousins, special, interesting or "worth" more than mere money?

    Or is it just another shiny bauble?

    :)

    No one made any reference to the monetary value of the coin until you brought up “Very expensive coin”.

    But that's what most folks(especially non-collectors) ALWAYS wish to know. Me too. Fortunately, I've learned that it is not polite to ask and you'll rarely get an answer from a person with class. Unfortunately, I have no class so if someone asks me how much something costs, I figure they are interested (normal reaction) and I'll tell them. Usually it is no big deal and gets little reaction. Now I realize if I showed someone that tiny coin and when they asked I said: 200K (?) that might make an impression! LOL. They would possibly think I was a fool or a braggart.

    Hey, Mr. Tradedollarnut since this is your discussion, what I would really enjoy seeing is a view of your house again. It is probably finished by now and there is grass. Pretty Please. <3

    I realize that's what many folks wish to know. However, based on the history of the two posters, I suspect that the "OK. Very expensive coin" and what followed it was primarily a dig.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Bob13Bob13 Posts: 1,557 ✭✭✭✭✭

    Can you post video of reverse, too?

    Thanks as always for sharing.

    My current "Box of 20"

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭

    @tradedollarnut said:
    Still 3 months to go on the house - but yes the backyard grass is in

    That's amazing! You should make a numismatist token with your house on the back ;)

  • specialistspecialist Posts: 956 ✭✭✭✭✭

    In the second picture, that is MY GUEST guest house!!! Don't need a hotel in Vegas anymore. And will probably made it apart time residence B)

  • ashelandasheland Posts: 23,755 ✭✭✭✭✭

    That's a serious beauty!

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭

    Nice. It seems like it has no prior pedigree. If so, it can just be known as the Morelan Specimen. Kind of nice to have the first spot in a pedigree list of such an old coin!

    I like how the description says, "The connoisseur of early American coinage will find this coin to be a true treasure."

  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭

    @specialist said:
    In the second picture, that is MY GUEST guest house!!! Don't need a hotel in Vegas anymore. And will probably made it apart time residence B)

    Is there good sushi in the neighborhood? ;)

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
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