Cheap 1797 Dollar I think it's genuine? AG3 obverse Very Poor-0 reverse?

Baley · September 10, 2003 8:13PM

what do you think of this:

Small eagle dollar: where's the Eagle?

Placid · September 10, 2003 8:21PM

A low grade r1 coin. Guess its a good hole filler. Seems real.

Baley · September 10, 2003 9:26PM

a hole filler maybe, but it fills the "small eagle" hole! where's the eagle?
I want mine to have an eagle on it.

maddogale · September 10, 2003 9:29PM

Use Nic-A-Date on it....

Do those dollars typically have weak reverses for some reason???? I know NOTHING about that series....

Baley · September 10, 2003 9:31PM

was likely a pocket piece/fidget coin for many many years.

dorkkarl · September 10, 2003 9:34PM

$200 is too strong. you can generally buy a holed F+ for $300. it's a $75 coin imo.

K S

Baley · September 11, 2003 5:33AM

well, it finished at $270, I wouldn't pay that myself, maybe half that though?

Dorkkarl can you point me in the direction of one of these holed Fine small eagle dollars for around $300?

One with an expert repair would suit my purposes (put it in a type set album)

jadecoin · September 11, 2003 5:36AM

Baley, at the risk of being ridiculed again for suggesting that holed and repaired coins are viable for collectors, I would point out to you that some holed bust dollars have sold for even less than $300 in Heritage auctions over the last couple of years. You might search through their past auctions to get ideas. However, you'll also need to factor in the cost of repair, which is about $50 to $100.

lordmarcovan · September 11, 2003 5:38AM

I noticed that last night.

I have an 1841 Seated dollar with a strong AG obverse (clear date and everything) and a totally slick reverse (except for just a few incuse lines from the eagle's shield.) It's on my Holey Coin Vest.

Uneven wear did happen sometimes, but I also wonder if that didn't have the reverse scrubbed off somehow in preparation for a love token (?)

Baley · September 11, 2003 6:59AM

Jadecoin, I will take your suggestions, I totally agree with your philosophy and what you posted in the other thread about true collectors. With very early rare coins sometimes you have to make compromises and I suspect that when the time comes for me to buy an 1796 or 1797 half dollar I will be buying a "problem" coin.... such as an attractive but technically ugly coin such as:
VF details/holed/plugged/tooled/cleaned/retoned, if I can find such a coin at the price of an ugly G or VG coin without the repairs.

My standards for a small eagle dollar are a little tighter, but a nice repaired coin at a nice price might do it!

thanks again

Nysoto · September 11, 2003 7:24AM

I ran into a website a while back of a person who collected early dollars with holes - he priced them at one-third of "no problem" ED's. He stated that ED's that had been plugged can be worth less than those with unplugged holes, as the holes represent a bit of history, they were used for jewerly and teething for babies (ED's are too big to swallow!).

Nothing wrong with buying a holed ED as long as a collector is aware of it and paid appropriatly. After all, few collectors appreciate a coin that has completed a full tour of commerce.

lordmarcovan · September 11, 2003 7:42AM

<< <i>I ran into a website a while back of a person who collected early dollars with holes - he priced them at one-third of "no problem" ED's. He stated that ED's that had been plugged can be worth less than those with unplugged holes, as the holes represent a bit of history, they were used for jewerly and teething for babies (ED's are too big to swallow!). >>

Was this the site you were referring to?

A Bust dollar is probably the top coin on my "holey" wantlist at the moment.

As to plugs being less desirable than holes, it's true. I've drilled out quite a few amateurish plugs.

Placid · September 11, 2003 7:44AM

LM is "THE" hole expert.

jadecoin · September 11, 2003 7:48AM

Lordmarcovan, thanks for the link to Reid's web site. That is a great site!

lordmarcovan · September 11, 2003 7:53AM

It is, indeed. Somebody else posted a link to it a while back (in reference to fakes), and I bookmarked it.

Cheap 1797 Dollar I think it's genuine? AG3 obverse Very Poor-0 reverse?

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