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HYPOTHETICAL. Coin Restoration, 1861 D Gold Dollar......

ambro51ambro51 Posts: 13,949 ✭✭✭✭✭
Last year David Lawrence Rare Coins had an 1861 D gold dollar up for auction, then open sale, then auction again....and it finally sold, for I seem to recall $1800. It was XF details, NCS, with mount removed...and unfortunatly also the Date. gonezo. I was not the buyer...having been forceably restrained.....still not sure on THAT decision...but none the less, I dont have this coin,

The year , 1861 was never in question since the only type 3 D mint coin with the very large D mintmark was the 1861.

So, obviously, a hugely rare coin with sort of like a pretty girl missing her nose. Ugh.

So....imagine this, much like someone with an old car, we restore it. we get an 1861 philly mint gold dollar, and essentially cut and sculpt the date off the coin. Make a 'plug" so to say. Then, on the 1861 D, with the ugly already ground out area where the mount and date have been removed....we sculpt this to exactly receive the Date portion of the donor coin. And then, using the absolute skill of a fine restorer of minature things....the two are joined in a seamless manner.

So....we have someone "Kosher" do this work, like Mr. Stockton in Kentucky...or someone else known within the numismatic world...and it is done with skill and finess and the coin is essentially 'restored'.

Dixie got her nose back.....


What you say? If the work was done on the up and up, and the results were collector acceptable...would you lose any sleep over it?

Comments

  • llafoellafoe Posts: 7,220 ✭✭
    Twin Brother of David?

    Edited to add: The confessional is located in the Church, not on this forum! image

    Edited to add... edited to add: Why does everyone correct their spelling, it renders my jokes moot! image
    WANTED: Cincinnati Reds TEAM Cards
  • PerryHallPerryHall Posts: 46,891 ✭✭✭✭✭
    Alan Stockton does this kind of re-engraving work as part of his coin repair business and his work is excellent.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • HoledandCreativeHoledandCreative Posts: 2,832 ✭✭✭✭✭
    Do you have a picture of the coin available. My 61-D does not have a Large D.
  • I know the coin in question. With a coin that's that heavily trashed, do whatever you want with it that makes you happy.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Please MTV... Pimp My Dahlonega image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • ebaybuyerebaybuyer Posts: 2,984 ✭✭✭
    restoring damaged coins.... how is that not considered coin doctoring ?
    regardless of how many posts I have, I don't consider myself an "expert" at anything
  • FrankcoinsFrankcoins Posts: 4,572 ✭✭✭
    Would be a neater job to just split the coin in half like a two headed coin, add a 1861 P reverse, then solder on the D from the defective reverse.
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • ambro51ambro51 Posts: 13,949 ✭✭✭✭✭
    Frank the two reverses, wreath and lettering, are night and day. The dates themselves however, both use the same medium small date logotype of that year and are similar. even on MS D mint coins, the wreath details and ONE DOLLAR are soft and mushy, but crisp on all P mint coins.

    DLRC may still have images of it archived, I think also it sold for about 800 on Heritage once....NoT a pretty coin, had been polished in addition to this mount removal.

    But it does seem to me that a craftsman could "plug" half the coins thickness with the DATE, smooth the fields...and

    dixie get her nose back.

    but all this is hypothetical but Im sure some day this piece will resurface again......
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>but Im sure some day this piece will resurface again...... >>



    image

    As it's been un-dated for so long it sounds more like a coin you'd have a short term fling with instead of a long term relationship! imageimage
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • StaircoinsStaircoins Posts: 2,577 ✭✭✭

    I followed this piece through the DLRC sales as well, although I cannot find it in their archives at the moment. Below are images from Heritage, where it sold for $1840 in Feb 2009.

    The NGC (NCS) holder is "XF Details, Mount Removed, Improperly Cleaned".

    Generally speaking, I am against restorative work. I believe that holes should be left unplugged, scratches left unfilled, and dings left as-is. The exception, however, is when an exceptionally rare item has been severely damaged outside the course of its normal intended use, and thus left in an impaired state. Even then, I believe that restoration should be done only under the very rarest of circumstances, such as when it seems possible to restore the integrity of the piece by confining the restoration to a (relatively) small portion of the item. This coin seems to fit the bill on all counts.

    I'd love to see what Stockton could do with this coin. Somehow having an '1861' date plug removed from a Philly dollar and carefully set into the damaged area (perhaps with a very light seam visible around the date so that the coin could not be passed off as unrestored to a future unsuspecting buyer), seems to be appropriate for this coin.

    image
    image
  • jayPemjayPem Posts: 4,082 ✭✭✭✭✭
    Expertly done, but no so perfectly that it's undetectable ? The work would need
    some kind of "signature" in order to keep it from being deceptive.
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    image
  • BillJonesBillJones Posts: 34,843 ✭✭✭✭✭
    The last I knew the legitimate coin repair guys would re-engrave almost anything as part of a repair EXCEPT the date. That has always been a bit of a no-no for obvious reasons.

    If they were to restore the date, it would have to look funky to be legitimate. I’d prefer the coin without the restored date and the large mint mark diagnostic rather than a funky date. BUT like I said, most repair guys don’t like to mess with the date.
    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 ... ?
  • HoledandCreativeHoledandCreative Posts: 2,832 ✭✭✭✭✭
    Thanks for posting the picture. I don't understand why the mintmark is referred to as a "large" D. How is the D on a 60 called? Giant? And on a 53, enormous?
  • ambro51ambro51 Posts: 13,949 ✭✭✭✭✭
    The Other date diagnostic is the missing U in united states. Both this issue and the 1860 D used the same obverse die
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Restoration is standard (and honorable) practice in most other fields (i.e. art, automotive, furniture etc), and should be in numismatics as well. Except for the pathological focus on originality (which disappears as soon as a coin is minted and leaves the die), which disallows any activity that may (or may not) impact the fabled 'pristine and natural' metallic environmental disintegration of the surface. We humans are very strange. Cheers, RickO

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