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"ultra" specializing...learning things about the 1875 Gold dollar!
ambro51
Posts: 14,521 ✭✭✭✭✭
The internet is an amazing tool, we perhaps take it too 'for granted'.....as if we had all this thirty years ago...at our fingertips...
well, anyway.
Ive been doing as much research as I can on the surviving 1875 gold dollars. The number of individual recorded coins is small enough that some really good information can be put together with auction recoreds, and things can be learned.
Right now its looking like every auction sale, heritage and BM from 1993 onward involved twenty seven individual , no problems graded ms and circulated coins.
Im compiling a photo bank now, and numbering each coin (for my reference).
one interesting story, a third teir ms 60 makes it all the way up to pcgs ms62,a trip to NGC and four sales later! An ngc 58 that gets demoted to a pcgs 55 and ends up in my hot little hands....
So its too early to write all this out, Im thinking of making a nice research project out of this.
If anyone wants to help, what I could really use are any pictures published in the Heritage paper catalog that are of coins which no longer appear with photos in the auction archives. These go back to the 90's...
Basic conclusions are the rarest segment of the group are problem free AU coins, less than six it appears. ALL of the lower grade coins that appear in the archives have problems, not a clean circulated lower grade coin in this lot. (50 auction sales)
One thing I did find that was interesting, all the little defects are listed for these coins, and one NGC MS61PL had a planchet defect noted, near the last A in America, to the Border. What is interesting here is that MY coin also has this identicle planchet defect, but clearly is not the same coin. Other diagnostic marks dont match. But, that planchet mark does! It must have been an object, maybe a flake of metal, resting on the die for that coins impression, and my coins impression...and maybe others also.
well, anyway.
Ive been doing as much research as I can on the surviving 1875 gold dollars. The number of individual recorded coins is small enough that some really good information can be put together with auction recoreds, and things can be learned.
Right now its looking like every auction sale, heritage and BM from 1993 onward involved twenty seven individual , no problems graded ms and circulated coins.
Im compiling a photo bank now, and numbering each coin (for my reference).
one interesting story, a third teir ms 60 makes it all the way up to pcgs ms62,a trip to NGC and four sales later! An ngc 58 that gets demoted to a pcgs 55 and ends up in my hot little hands....
So its too early to write all this out, Im thinking of making a nice research project out of this.
If anyone wants to help, what I could really use are any pictures published in the Heritage paper catalog that are of coins which no longer appear with photos in the auction archives. These go back to the 90's...
Basic conclusions are the rarest segment of the group are problem free AU coins, less than six it appears. ALL of the lower grade coins that appear in the archives have problems, not a clean circulated lower grade coin in this lot. (50 auction sales)
One thing I did find that was interesting, all the little defects are listed for these coins, and one NGC MS61PL had a planchet defect noted, near the last A in America, to the Border. What is interesting here is that MY coin also has this identicle planchet defect, but clearly is not the same coin. Other diagnostic marks dont match. But, that planchet mark does! It must have been an object, maybe a flake of metal, resting on the die for that coins impression, and my coins impression...and maybe others also.
0
Comments
,...or the reeding??
were all the coins a production from the medal room? Too many things are telling me with this coin, not the least of which is they are all prooflike and the denticles are better formed overall than on any other GD business strke Ive seen. If thats the case....shouldnt this coin be considered a "specimen strike"?
If you have any mid 90's heritage auction catalogs, with images of 1875 gold dollars....PLEEZE take a few minutes, scan the image and forward it to me please. OR post it here and I will copy it out.
very interested in particular in this
Lot
7476 1875 G$1 NGC AU58
Auction: 1998 F.U.N. Signature Sale #181
Research continues, I welcome ANY and ALL information anyone may have in their library on the 1875 gold dollar (I have the gold dollar books but seek auction catalog information and very early ANA literature or publications).
Ive found 21 problem free individual coins, and 8 'problem' coins. This has been the markets offerings since 1993. Many have been resold several times.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Im tending to believe the figures that Paul Taglione has used...rather than QDB or the TPG reports. Seems like the pre TPG numbers can be trusted a bit more. He gave the surviving number at 45. Subtract the 16 anacs problem coins, and the 2 very low grade ones that Akers mentions...and you get 27, which is very much in keeping with the fact Ive located 21 individual graded no problem coins that have sold through heritage and BM since 1993.
What is very interesting is that no MS65 coins have traded, though several are in the pops.
I suspect that many of these coins are long term holdings in strong hands and not likely to hit the market any time soon.
I really need to see images of the coins that sold before heritage included pictures, about 2001.
What it all boils down to is that this is one VERY rare coin.
There are maybe five in registry sets here and ATS.
Auction 2431 • Lot 1054 • Thursday, October 4, 2007
From the coins description.
"Virtually all extant circulation strikes, the present Choice example included, are fully Proof-like in finish. Unlike the proofs, these coins display a small spine (as made) into the obverse field from the base of the chin of Miss Liberty."
Ive only noted one Holed coin, and that has been not so expertly repaired. uncertified, graded XF40 it sold in 1994 $1045. There are several with "mounts removed".
I have the 1998 FUN catalog, and will try to scan the photo of Lot 7476 when I ghet home tonight. There are 2 photos - one that's in color and actual size (tiny), in the front of the catalog, and another in b&w (quite dark) in the main body. I wouldn't say that either of them is very good, but I'll try to scan them both tonight.
Jim
thx for the great post ambro
im pretty sure thats my coin.
BTW I have found five coins so far with that exact same strike thru dogleg off the A. A good portion of the population has a semi filled C in America. Some have a bit of a rotated reverse. Im going to try and match them up with the filled C, the dogleg A and see if there is an EDS and a LDS going on here.
Jim
Jim
Stage two of this is printing out about forty of THESE, a general pale black and white outline 'diagram'. Then, after getting a good image on the screen of any one of these coins, make little pencil marks where I see a diagnostic that is on that coin.
I already know some of the main diagnostics, have repeated. So thats maybe one die state....some are casual nicks, which are the best identifiers. Easily seen, they are often on the high points of the hair, or the cheek (ouch). scratches also can be seen but there is a small patch of raised die polish too that ive begun to find, this would back up a second die state.
Heres the outline diagram image