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1894-s Barber dime up for auction at Stacks any thoughts on the action?

washingtonrainbowswashingtonrainbows Posts: 463 ✭✭✭
in U.S. Coin Forum

Price?
Competition?
Quality?
Looks like Hansen needs one but he has passed on super rarities in past.

Comments

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @DIMEMAN....Look forward to your pictures when you win it Jon.... ;) Cheers, RickO

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

    @washingtonrainbows said:
    I like to place an early bid on these ultra rarities just to dream for few hours. If I wait more than a day to 2 the price level has already passed my maximum allowable bid amount.

    It's already at $500k.

  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭

    https://auctions.stacksbowers.com/lots/view/3-J403W/1894-s-barber-dime-branch-mint-proof-63-pcgs-cac

  • UnknownUnknown
    This content has been removed.
  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    Regarding the claim "1894-S Barber Dime. Branch Mint Proof...."

    Manufacture of these coins is clearly documented. There is no mention of "proof" or any other special preparation. The San Francisco Mint did not have a medal press and thus could not have physically manufactured legitimate proof coins of any denomination. Much as with 1913 Liberty nickels, the reflectivity varies from piece-to-piece. This further reinforces the fact that although dies might have been given a little polish, there was neither intent nor capacity to create real "Proof" coins.

    The designation might best be called an "historical honorific" retained from tradition, not fact.

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

    @RogerB said:
    Regarding the claim "1894-S Barber Dime. Branch Mint Proof...."

    Manufacture of these coins is clearly documented. There is no mention of "proof" or any other special preparation. The San Francisco Mint did not have a medal press and thus could not have physically manufactured legitimate proof coins of any denomination. Much as with 1913 Liberty nickels, the reflectivity varies from piece-to-piece. This further reinforces the fact that although dies might have been given a little polish, there was neither intent nor capacity to create real "Proof" coins.

    The designation might best be called an "historical honorific" retained from tradition, not fact.

    If not proof, doesn't that make them even more valuable?

  • 291fifth291fifth Posts: 24,705 ✭✭✭✭✭

    Does it have a sticker? >:)

    All glory is fleeting.
  • CaptainBluntCaptainBlunt Posts: 200 ✭✭✭

    I agree with Roger they are not
    proof coins. Records show that in June 1894 $1.93 in Dimes were received from the coiner along with a significant amount of half dollars and quarters . In addition to a number of pieces reserved for
    assay. Thus total mintage 24.

    (Interesting) As early as June 19th a collector writing to the SF Mint seeking coinage received
    half dollars, quarters etc. was told by the acting Superintendent this
    was the only kind of silver issued in 1894.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    RE: "If not proof, doesn't that make them even more valuable?"

    Value is something determined by buyer and seller. Since the coin does not change based on how it is described, whether is is called a proof, specimen, sample, circulation piece, or something else should have no effect. However, human nature being fundamentally emotional, we react to word associations in patterned responses. Hence the sales approach dictates "proof" or "specimen" is somehow better - and more valuable - than "circulation."

    I wonder how other sentient species perceptions function.

  • Dave99BDave99B Posts: 8,701 ✭✭✭✭✭

    CAC approved! ;)

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    I could swing an ice cream cone. ;)

  • oih82w8oih82w8 Posts: 12,610 ✭✭✭✭✭

    @CaptainBlunt said:
    I agree with Roger they are not
    proof coins. Records show that in June 1894 $1.93 in Dimes were received from the coiner along with a significant amount of half dollars and quarters . In addition to a number of pieces reserved for
    assay. Thus total mintage 24.

    THAT would be an interesting trick! 19 and 3/10th's in dimes?

    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,...
  • davewesendavewesen Posts: 6,673 ✭✭✭✭✭

    @oih82w8 said:

    @CaptainBlunt said:
    I agree with Roger they are not
    proof coins. Records show that in June 1894 $1.93 in Dimes were received from the coiner along with a significant amount of half dollars and quarters . In addition to a number of pieces reserved for
    assay. Thus total mintage 24.

    THAT would be an interesting trick! 19 and 3/10th's in dimes?

    I was wondering the same, but maybe they figured production costs?
    24 dimes -> $1.93

  • BUFFNIXXBUFFNIXX Posts: 2,727 ✭✭✭✭✭

    A Breen letter goes along with this 1894s barber dime.

    Collector of Buffalo Nickels and other 20th century United States Coinage
    a.k.a "The BUFFINATOR"
  • fastfreddiefastfreddie Posts: 2,905 ✭✭✭✭✭

    Interesting theories about how they were struck.

    Ice cream anyone?

    It is not that life is short, but that you are dead for so very long.
  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    @RogerB said:

    @BUFFNIXX said:
    A Breen letter goes along with this 1894s barber dime.

    Well, that'll cut the value right there !

    I almost posted something similar but assumed I would get flamed. If there is anyway to undermine your listing or make a bidder second guess your coin, it is a Breen letter IMHO.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    As long as there are no stains, I guess the letter is safe to handle.... ("Mustard stains".....)

  • EbeneezerEbeneezer Posts: 335 ✭✭✭

    Another "proof" coin adding to the discussion. Like most I do not consider these to be proof coins by definition. For what ever reason, the experts and graders label them as such. Proof-like should be the term used.

    This one of one can be yours for the rock bottom price of $1,000,000 at a current EBAY auction.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭
    edited July 24, 2019 5:29PM

    @oih82w8 said:

    @CaptainBlunt said:
    I agree with Roger they are not
    proof coins. Records show that in June 1894 $1.93 in Dimes were received from the coiner along with a significant amount of half dollars and quarters . In addition to a number of pieces reserved for
    assay. Thus total mintage 24.

    THAT would be an interesting trick! 19 and 3/10th's in dimes?

    I suspect the "$1.93" reference is to the bullion value of silver in 24 dimes. All coinage was accounted for as bullion until approved by the Coiner as legal tender.

    Three were sent to Philadelphia and Washington for Annual assay (1) and Special Assay (2), and two were exchanged by employees.

  • CryptoCrypto Posts: 3,875 ✭✭✭✭✭

    @RogerB said:
    Regarding the claim "1894-S Barber Dime. Branch Mint Proof...."

    Manufacture of these coins is clearly documented. There is no mention of "proof" or any other special preparation. The San Francisco Mint did not have a medal press and thus could not have physically manufactured legitimate proof coins of any denomination. Much as with 1913 Liberty nickels, the reflectivity varies from piece-to-piece. This further reinforces the fact that although dies might have been given a little polish, there was neither intent nor capacity to create real "Proof" coins.

    The designation might best be called an "historical honorific" retained from tradition, not fact.

    I don’t think there is as ridged alignment of intent to make special and the method of procedures the Philly mint uses to make collector intended coins necessary for the proof term.

    Special, specimen, proof, business strike or pattern are all semantics for the most part.

    These clearly are special emissions and there is no law or bible stating that a coiner couldn’t deploy atypical methods to make higher quality collector coins. That would make them more proofs than not.

    But I would agree the TPG terms are mostly meaningless and often influenced by market trends, emotional arguments of opinion and precedent rather than facts or Proof.

    11.5$ Southern Dollars, The little “Big Easy” set

  • CoinosaurusCoinosaurus Posts: 9,645 ✭✭✭✭✭

    @RogerB said:
    As long as there are no stains, I guess the letter is safe to handle.... ("Mustard stains".....)

    Ask me about this at the ANA. There is a funny story (having nothing to do with 94-S dimes, so not recounting here).

    Newman Numismatic Portal, www.NewmanPortal.org
  • 7Jaguars7Jaguars Posts: 7,751 ✭✭✭✭✭

    I agree with Crypto as I am primarily a collector of British 19th & 20th C. copper and silver . There are many cases where all of the ex post facto specific requirements are not met and yet am convinced that a particular coin (and not necessarily mine) has received special treatment in its preparation and strike.

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    @Coinosaurus said:

    @RogerB said:
    As long as there are no stains, I guess the letter is safe to handle.... ("Mustard stains".....)

    Ask me about this at the ANA. There is a funny story (having nothing to do with 94-S dimes, so not recounting here).

    Won't be there to ask. Nobody to foot the bill, and kids coming into town.

  • mr1931Smr1931S Posts: 6,418 ✭✭✭✭✭
    edited July 25, 2019 6:06PM

    Price should be through the roof for the '94-S considering what Mercury dimes are bringing these days. I would go up to $10M given that I first win the Powerball lottery which I never will win because I never play it.

    $9M because "S" not the strongest I've seen. Is that a staple scratch I'm seeing on the reverse?

    Whoever is careless with the truth in small matters cannot be trusted with important matters.

  • tradedollarnuttradedollarnut Posts: 20,205 ✭✭✭✭✭

    Should be $850k hammer but you almost always have to overpay 10% to win

    Early Dollar Set
  • northcoinnorthcoin Posts: 4,987 ✭✭✭✭✭

    @tradedollarnut said:
    Should be $850k hammer but you almost always have to overpay 10% to win

    Interesting, as of this August 9th date, $850k is the bid:

    Current Bid $850,000
    PLACE BID
    LOT DESCRIPTION
    The Legendary 1894-S Barber Dime

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