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Dipped / naturally retoned 1837 and 1838-O half dimes

rheddenrhedden Posts: 6,632 ✭✭✭✭✭
These two coins were dipped prior to being places in a Wayte Raymond album some time before 1960. They were removed and put in 2 x 2's earlier this year, but acquired nice colored toning during their time in the album. Unfortunately, both are XF-AU, so it's really obvious that they were dipped. The 1837 in particular has a bright white center on the obverse in person. If they were Unc. coins, they would probably still slab because the toning is natural, and dipping is an accepted practice with the grading services. However, I do believe they would be bodybagged as "cleaned" since they are circulated pieces, making the cleaning more apparent. I wonder how many people on this board would prefer to have this kind of coin rather than a "crusty" and completely original piece with gray/brown "dirt" on it. It's funny how an original XF Seated coin sometimes "becomes" an AU once it's dipped, and collectors have little appreciation for the truly original pieces (some of those in my next post.)

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Comments

  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    I tend to be skeptical of circulated coins this old that are all white. At least the coins you pictured are reasonably attractive, not dipped to excess *and* have nice toning (gotta love those Wayte Raymond albums).

    I've seen far, far uglier dipped circulated silver. I think these actually might slab.

    I have a few XF and AU-50 Seated Dimes in my collection and I tend to stay away from ones that are all white or mostly white, because I suspect most of them have been messed with...AND because they look out of place in an album with mostly VFs.
  • LanLordLanLord Posts: 11,724 ✭✭✭✭✭
    other than some of the obvious hairlines I am not overy put off by the cleaning. Maybe it's because they are retoning but I kinda like them.

    I always have liked that phase of the seated liberty as opposed to the redesigned version, it's a more desireable image of Liberty.
  • BillJonesBillJones Posts: 34,848 ✭✭✭✭✭
    The 1838-O half dime is rarely seen as sharp as the piece you have. During that period these coins circulated side by side with the Spanish ½ reale, which was also known as the picayune. The picayune contained more silver, and for that reason people tended to hoard the picayune and spend the half dimes. As a result the 1838-O coins got a lot of use and the coin is rarely seen in the high circulated grades and is quite scarce in Mint State.

    Congratulations! I love the coin! If you would like to get it slabbed I’d give it a try at NGC. The worst that will happen is that you will be out the grading fee and postage.

    I had two early half dimes that were marginal for grading. My 1800 LIBEKTY was an AU coin with respect to wear, but it had two noticeable scratches. My 1796 had VF-20 sharpness, but two teeth marks. I sent both to NGC. The 1800 got an EF-45, but the 1796 got a body bag. Just one more example of how inconsistent and capricious the services are when it comes to grading and body bags. BUT sadly we have to play the game with them.

    To me the two scratches on the high grade 1800 where more of a concern that two minor teeth marks on the will circulated 1796.

    I would not bother to submit the 1837 half dime. It is not scarce enough to have slabbed given it's problem.
    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 ... ?
  • MrHalfDimeMrHalfDime Posts: 3,440 ✭✭✭✭
    Rhedden:

    Once again you have graced us with some very attractive half dimes. Your 1837 is an example of the "Small Date" variety, which is really a misnomer as the date numerals are virtually the same size as the equally inappropriately termed "Large Date". The so-called Large Date varieties (V1, V2, V3) used the numeral punches from the Capped Bust half dimes, discontinued earlier that same year. The so-called "Small Date" varieties (V4, V5, V6), as with your coin, used the new date punches made expressly for the Liberty Seated half dimes, and continued in use for many years.

    The 1838-O is a well recognized rarity in the series, especially in grades approximating your coin. Yours is an example of the V1, with the level date. The V2 exhibits a date running slightly uphill from left to right.

    It is too bad that your half dimes were not reported in the latest half dime censuses, compiled by both the JRCS and the LSCC. Your collection of early half dimes, several of which you have recently posted, would have ranked high in the JRCS census. Your collection of Liberty Seated half dimes also compare quite favorably with what was reported in the LSCC census, currently being compiled.

    While on that subject, it is equally unfortunate that Bill Jones did not choose to report his fabulous collection of early half dimes in the John Reich Collectors Society Bust half dime census survey. I had the distinct privilege to see his half dimes in a display several years ago at a New England Numismatic Association show. It was indeed a memorable occasion.
    They that can give up essential Liberty to obtain a little temporary safety deserve neither Liberty nor safety. Benjamin Franklin
  • TomBTomB Posts: 22,097 ✭✭✭✭✭
    One thing that I have noticed over the years is that previously cleaned coins seem to acquire Wayte Raymond type toning to a greater extent than otherwise original pieces. This may be due to the surfaces of the coins being not properly rinsed and therefore more reactive to the environment.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

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  • mozinmozin Posts: 8,755 ✭✭✭
    Put both those coins into an atmosphere where they can tone properly. No sense rushing to get them into holders, let them improve first. Even one year can do wonders for such coins.
    I collect Capped Bust series by variety in PCGS AU/MS grades.

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