Topic: 1875-S dimes and their worth compared to greysheet...talk amongst yourselves.

coinlieutenant · October 28, 2007 10:02AM

This topic I must admit is a bit selfish since I own a 75-S dime. That being said, I always considered a 75-S dime fairly obtainable. However, when doing a search for them on various archives, it appears that they sell for quite a premium compared to greysheet.

Perhaps we could use this thread as a discussion point for one of the members of the select group of "over/under" mintmarked coins.

rec78 · October 28, 2007 10:35AM

I find that nice ones, either mm below wreath or in wreath, are difficult to obtain without problems of some sort in say XF-Au condition. You can throw the greysheet out the window on most liberty seated coins-i will gladly pay a premium on no-problem xf 1875-S dimes. I have not studied this series extensively, however it seems that weak reverse strikes are the norm for this date. JMO, Bob

roadrunner · October 28, 2007 10:48AM

I've never been too impressed with them. I acquired a pop 1 NGC MS67 with stunning eye appeal ( and lots of hits) that I just couldn't live with. I flipped the coin for just over my cost to a forum member dealer who I have no doubt did much much better than I did on it.
But true gem S mint dimes as a rule are much scarcer than you would think....they didn't survive. And one must attribute that to San Fransisco hard life and that nearly no one collected by mint mark back then. Superb gem S mint dimes are tough to find.

roadrunner

rhedden · October 28, 2007 10:58AM

I like the "mint mark above bow" variety a whole lot more than the "mint mark below" variety. I don't have an example of the former. Overall, I consider this a common date that is obatinable up to MS-63, and I wouldn't go bidding them up too far above sheet, unless you are talking about a rare variety or premium toned Unc. coin.

seateddime · October 28, 2007 12:59PM

scarcer coin above bow, lots of neat varieties below bow including a rotated reverse micro S but generally not as scarce below bow. The micro S below are fairly scarce.

seatedcollector · October 28, 2007 1:26PM

one could find probably every different variety on ebay within a few months time, unlike many other dates of the series

seateddime · October 28, 2007 1:28PM

yes, except the rotated clear micro S.

Some of these come with wild, bold reverse shattered dies. Very neat.

ziggy29 · October 28, 2007 10:17PM

The S-mint dimes of 1875 to 1877 have high mintages, but nice ones in XF+ can be surprisingly elusive. In particular, 1877-S is a pretty tough one in XF/AU and above despite "type coin" level mintages.

In reality, any nice, original S-mint Seated Dime with nice eye appeal will likely sell for considerably above sheet -- even the "common" dates 1875, 1876, 1877 and 1891. All of these are also tougher than you might expect in high grades, though '75-S seems the most available of all.

Especially on eBay, but elsewhere too, take a nice Seated coin and slap an 'S' or a 'CC' mint mark on it, and even if it's a common date that lists for 'type coin' money, it will likely sprint considerably higher.

291fifth · October 28, 2007 11:03PM

If you tried to sell one to a dealer in my market you would be offered 20-30% under bid. Any attempt to get more would fall on deaf ears.

SeaEagleCoins · October 29, 2007 12:35AM

<< <i>If you tried to sell one to a dealer in my market you would be offered 20-30% under bid. Any attempt to get more would fall on deaf ears. >>

Sure...and then the coin will go into their case with "PQ/ Very Rare" on the flip or 2x2 and an asking price that is 20-30% ABOVE retail price guides...

PS...

... sounds like you may talking about many of the dealers here in Joisey...

coinlieutenant · October 29, 2007 12:48AM

Lets not make this a dealer bashing session. Focus Daniel-san...on the coin!

ziggy29 · October 29, 2007 12:58AM

<< <i>If you tried to sell one to a dealer in my market you would be offered 20-30% under bid. Any attempt to get more would fall on deaf ears. >>

Many dealers live and die by the sheet, especially if they are generalists.

seateddime · October 29, 2007 4:06AM

<< <i>The S-mint dimes of 1875 to 1877 have high mintages, but nice ones in XF+ can be surprisingly elusive. In particular, 1877-S is a pretty tough one in XF/AU and above despite "type coin" level mintages.

In reality, any nice, original S-mint Seated Dime with nice eye appeal will likely sell for considerably above sheet -- even the "common" dates 1875, 1876, 1877 and 1891. All of these are also tougher than you might expect in high grades, though '75-S seems the most available of all.

Especially on eBay, but elsewhere too, take a nice Seated coin and slap an 'S' or a 'CC' mint mark on it, and even if it's a common date that lists for 'type coin' money, it will likely sprint considerably higher. >>

Ziggy's statement is most correct

roadrunner · October 29, 2007 10:38AM

The 76-s and 77-s dimes are quite elusive in full gem. They are not common dates and do bring a strong premium to bid in my neighborhood. I purchased gem examples of each out of the Norweb sale in the late 1980's....I paid too much too. I recently sold the last of those 2 (1877-s) and was happy I had kept the Norweb flip and left the coin in the orig gold lettered NGC65 holder.
It fetched around 3X bid which surprisingly was not a heck of a lot more than I had paid for it originally. The market was surprisingly strong for this material in 1988.

roadrunner

Topic: 1875-S dimes and their worth compared to greysheet...talk amongst yourselves.

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