1829 curled base dime...not!
OKbustchaser
Posts: 5,546 ✭✭✭✭✭
Just a word to the wise (as there have been at least three bids on this). If you are bidding on this Teletrade auction this is NOT a curled base 2.
incorrect attribution
Note: this is not a slam on IGC...I have never seen one properly attributed by any grading company.
incorrect attribution
Note: this is not a slam on IGC...I have never seen one properly attributed by any grading company.
Just because I'm old doesn't mean I don't love to look at a pretty bust.
0
Comments
Ray
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Guess I gotta break out the books.
Hope the high bidder reads this forum...MIke
<< <i>That 2 sure looks curly to me.
Guess I gotta break out the books.
Hope the high bidder reads this forum...MIke >>
The Red Book has a good close-up picture of a curl base 2's date. This 2 looks nothing like it. And I assume this is rare enough that there was probably only one obverse die for it?
<< <i>If it was a curled base......what would it be worth? 30-40k? >>
In that condition???at least...possibly twice that.
<< <i>If it was a curled base......what would it be worth? 30-40k? >>
Whatever two competing deep-pockets Bust Dime variety specialists wanted it to be.
Andrew
<< <i>Does anyone know how teletrade handles returns on incorrectly attributed coins? Does the person returning the coin still have to pay the 5 or 6% return fee? That would currently be $250 to $300 at its current bid.
Andrew >>
"tough nuggies...take it up with the slabber"
<< <i>I don't have references available to check other diagnostic features, but the 2 on the coin does not appear to have a square base. Are you suggesting that the date on this coin has been altered? >>
No, this is a known die marriage--JR-6 rather than the JR-10 (actual curl base). The die break through the first A on the reverse is diagnostic. It is not rare to find 29's mis-attributed as curl base 2's as the difference is not dramatic to most people. I have seen them from ANACS also and have heard of one from NGC. The Russ Logan collection also included one--the only coin he owned which stayed in its slab after he bought it.
An actual curl base 2 from Logan collection
Another mistaken attribution--also from Russ Logan collection
As seen recently by my company, Jade Rare Coin, auction companies are just willing to sell coins that they get consigned without any reguard to the actual contents of the holder. Teletrade should pull this coin from the auction and refuse to sell it in its current slab format. Recently I bought a 1800 half dime in an NCS holder that Heritage sold as an 1800 dime due to the fact that it was in an NCS 10c holder.
It truely makes a numismatist wonder just what the auction companies really know about the coins they are selling. Do they have non coin people just doing data entry on coins without any true numismatist looking at the coins to see that they are attributed correctly and even the correct denomination. Also what are the " finalizers" at the grading services doing that they could miss items like this.
Sorry started to babble there at the end.
Andrew
Don't apologize for babbling. You were simply stating what most of us were thinking. As die marriage and "variety" collecting becomes more popular, and as more and more coins become entombed in slabs, this will become and even greater problem. Your fears and frustrations are well founded. Pretty soon, as the old guard dies off and old time collections are dispersed at auction, we could have entire 'variety' collections all in slabs, with many of them misattributed. This is not an isloated case; there have been ,many such coins in recent auction sales, by all of the TPGs. Your rhetorical question is a good one - Who will assume the ultimate financial responsibility for such outright deceptive practices? Unfortunately, it may well be the unwary collector.
JR-10 (Curled Base 2):
Teletrade Coin:
I like to see pics (even if they are not mine
Ralph
As for who will bear the ultimate loss--it will be the unknowing collector--just as it has always been.
Jim
P.S. the Teletrade coin sold for 6200.00 plus juice...OUCH!!!
<< <i>P.S. the Teletrade coin sold for 6200.00 plus juice...OUCH!!! >>
Which tells you something right there. That would be a major rip if this were really the curl base 2 variety.
That this *sold* and met the reserve tells me that someone knew this wasn't really a curl base 2, because I doubt someone who believed the attribution on the slab would let it go for that price.
<< <i>While I am one of the very few proponents of slabbing in the bust world I will say that the TPG's attempts at attribution have been nothing but horrific for the most part. >>
And to think PCGS is now expanding into attributing VAM's a much tougher series to tell the varieties apart since the dies were made by hubbing. We joke that they grade using a dartboard, for VAM's I guess they'll use a powerball lottery number machine.