A high end type set ....

tradedollarnut · April 28, 2011 1:01AM

... was broken up at CSNS. The result was a feeding frenzy.

keyman64 · April 28, 2011 1:05AM

Thanks for the in-depth detail!

STONE · April 28, 2011 1:06AM

And you bought two that you won't share with us

tradedollarnut · April 28, 2011 1:12AM

Nope - only one. The silver 1700's coin - the copper coin was from the Deal of the Decade.

STONE · April 28, 2011 1:17AM

Dipped or not, the strike, luster and detail of that coin is fantastic

Sonorandesertrat · April 28, 2011 1:19AM

<< Dipped or not, the strike, luster and detail of that coin is fantastic

>>

fastfreddie · April 28, 2011 1:20AM

I'm speechless.....Hope you got it for a great deal.

relicsncoins · April 28, 2011 1:21AM

<< Nope - only one. The silver 1700's coin - the copper coin was from the Deal of the Decade. >>

That coin has been posted here before, and I never tire of looking at it.

guitarwes · April 28, 2011 1:23AM

That had to be the first coin to come off the press. Wow.

TPRC · April 28, 2011 1:24AM

I was looking at the reverse for the "copy"stamp. Fantastic coin!

tradedollarnut · April 28, 2011 1:44AM

<< I'm speechless.....Hope you got it for a great deal. >>

Nope. Great coins aren't cheap and cheap coins aren't great!

dragon · April 28, 2011 1:53AM

Extremely cool dollar! I don't think anyone but the most extreme hardcore purist would find fault with the surfaces being mostly untoned as they do not look overly dipped out at all from that pic.

etexmike · April 28, 2011 2:11AM

I would love the coin even more with a little more skin on it.

But if you can truly find fault with that coin you just need to move along.

Fantastic piece.

Mike

keyman64 · April 28, 2011 2:15AM

OMG! Droooooooooooooooooool! That is amazing!

Zoins · April 28, 2011 2:16AM

<< Great coins aren't cheap and cheap coins aren't great... yet! >>

You have to have some predictive capability and patience

Definitely one of the greats

llafoe · April 28, 2011 2:22AM

Nice... did you look inside? I wonder if it's milk chocolate or dark chocolate?

canadanz · April 28, 2011 2:51AM

<< Nope - only one. The silver 1700's coin - the copper coin was from the Deal of the Decade.
>>

Wow. Simply wow.

JoeLewis · April 28, 2011 2:55AM

TDN, some of us are EAGERLY awaiting some more pics of your half dollar type set! Did you ever pick up a Kennedy?

LoveMyLiberty · April 28, 2011 2:56AM

Is he breaking up his Dollar Type Set, or just replacing it with another?

BillJones · April 28, 2011 3:08AM

<< That had to be the first coin to come off the press. Wow. >>

No quite. It has the beginnings of the triangular shaped die break that forms above the spot where Ms. Liberty has her hair pulled back. Since there are examples of this variety that do not show that die break, this could not have been the first piece struck, but it’s still a fantastic coin. It just goes to show that you don’t need to have the “first strike” to still have a wonderful coin.

Here an example of the same variety with the die break highlighted.

crazyhounddog · April 28, 2011 3:18AM

The strike is incredible . I have got to say I have never seen such a white 1795 Dollar in my life ! I suppose pcgs doesn't think this coin has been dipped. If not dipped how in the world did it stay so white?

SG1 · April 28, 2011 3:24AM

PCGS has no problem with dipped coins, so long as they are not over dipped. There are tons of dipped coins in PCGS holders.

Zoins · April 28, 2011 3:33AM

<< 

<< That had to be the first coin to come off the press. Wow. >>

No quite. It has the beginnings of the triangular shaped die break that forms above the spot where Ms. Liberty has her hair pulled back. Since there are examples of this variety that do not show that die break, this could not have been the first piece struck, but it’s still a fantastic coin. It just goes to show that you don’t need to have the “first strike” to still have a wonderful coin. >>

Thanks Bill. Great, informative post!

ChrisRx · April 28, 2011 4:16AM

AMAZING coin!

Can I be your son?

SoCalBigMark · April 28, 2011 4:59AM

It looks like the Stars could draw blood, WOW!

crypto79 · April 28, 2011 5:48AM

<< PCGS has no problem with dipped coins, so long as they are not over dipped. There are tons of dipped coins in PCGS holders. >>

There are tons of over dipped coins in holders too.

DorkGirl · April 28, 2011 6:01AM

I'm still amazed at the breast feathers.....it has breast feathers!!!

SethChandler · April 28, 2011 6:22AM

What a great coin. Thats ok dipped, IMHO. Appears to have a lot of pop and cartwheel going for it. Thank goodness it was only dipped once and not overblown. The guy who dipped that sure had to be an expert. Toning on a 200 + year old coin can be quite stubborn. With tough, deeply embedded toning, that coin could have easily come out flat and a silver bronze color around the rims. Just like any NGC high end widget, sorry couldn't resist.

Didn't Jim Halperin discuss in his grading book an episode where he dipped a 1795 Dollar? I wonder if its this coin?

Great coin, they should print this out and pass it out at the door as a supreme example of an acceptable and desirable (by serious numismatists) dipped coin.

Congrats, TDN

jesbroken · April 28, 2011 6:50AM

Thanks, TDN, for sharing your new purchase. What a beautiful coin. I don't know if anything else could be said that has not already been said.
Congrats for your pickup.
Jim

jhdfla · April 28, 2011 7:02AM

Wonderful coin! Julian's right, it does have a lot of pop apparent even in the pics, so in hand I can only assume the luster is considerably better than the images. It's in an older holder too, so I'm guessing the work done on it was top notch.

oreville · April 28, 2011 7:06AM

Congratulations TDN!

tradedollarnut · April 28, 2011 7:19AM

<< Is he breaking up his Dollar Type Set, or just replacing it with another? >>

The entire type set, not just dollars, was for sale individually.

I saw this coin in person at lot viewing FUN 2007 and liked it very much. The devices are frosted and the luster is full and flowing.

oreville · April 28, 2011 7:27AM

You see, tradedollarnut is slowly but surely upgrading his 1795 type set from his formerly jointly owned holey holed 1795 $10 gold coin!

Guess, he is not doing holed coins anymore!

Monstavet · April 28, 2011 8:14AM

WoW! i think I need a towel...

SanctionII · April 28, 2011 9:25AM

TDN.

As usual, your latest acquistion is exquiste. A stunning coin you must be very happy to own.

The above kudos aside, here is my question:

Given the rapid increase in the spot price of silver over the past months, what would the spot price of silver have to be for the value of the precious metal content of your new silver dollar to exceed the numismatic value of same???????????????????

I bet that even in today's market, it will take a very, very, very, very......................................... very long time for the spot price of silver to reach the level where the numismatic premium of your 1795 dollar disappears

Mission16 · April 28, 2011 11:01AM

<< 

<< I'm speechless.....Hope you got it for a great deal. >>

Nope. Great coins aren't cheap and cheap coins aren't great! >>

There is great and there is GREAT. If I had the means, that is the type of coin I would pursue.

mcarney1173 · April 28, 2011 11:07AM

wow, that coin is amazing. What is your job (if i may ask)?

tradedollarnut · April 28, 2011 11:24AM

Golf.

roadrunner · April 28, 2011 11:25AM

<< Didn't Jim Halperin discuss in his grading book an episode where he dipped a 1795 Dollar? I wonder if its this coin? >>

Those were my thoughts as well.

roadrunner

yellowkid · April 28, 2011 11:27AM

I guess it's okay

NeoStar · April 28, 2011 12:46PM

Nope. Great coins aren't cheap and cheap coins aren't great!

Wrong.

RB1026 · April 28, 2011 1:12PM

Congratulations on another stunning piece! I love the strike and look of it. You can count me among the "who cares if it was dipped crowd". It is what it is. In a perfect world every piece should be MS70 and untouched. The world is imperfect and pearls are still pearls and pigs are still pigs. That's a pearl for sure! Thank you for posting it here.

tradedollarnut · April 28, 2011 3:06PM

<< Nope. Great coins aren't cheap and cheap coins aren't great!

Wrong. >>

Wrong.

Cheap has nothing to do with price level, it has to do with price level in the grade. Nobody is going to sell a high end great coin for low end money - there is no Santa Claus in numismatics.

Zoins · April 28, 2011 3:51PM

<< there is no Santa Claus in numismatics. >>

I thought PCGS and CAC could be considered Santa

TahoeDale · April 29, 2011 12:25AM

Bruce,

Great addition to your type set. You are through with the dollars? Some of us still need to add to our sets.

Great coins are not cheap ,but cheap coins can be great-- if you are willing to downgrade several levels.

I recently bought a real rare CBH in AU 50-- it had been downgraded from NGC 55. At the prior sale, where it was in the TPG slab as 55, it only brought 9500--real cheap for a true 55 for this variety.

But properly graded as an AU 50, and 50% more in price, it became a super coin, that was not cheap.

dpoole · April 29, 2011 12:34AM

That's just a delight to look at, TDN. The history! Interesting observation by BillJones, too.

Wonderful acquisition! Congratulations!!

NeoStar · April 29, 2011 7:08AM

Bruce,

With all due respect, to simply say "great coins aren't cheap and cheap coins aren't great" can be interpreted in many different ways. Given your clarification, I understand that when comparing to coins of the same kind and the same grade the nicer coin will command a premium. Like TahoeDale said, "cheap coins can be great". Thank you.

Ben

roadrunner · April 29, 2011 7:24AM

Cheap has nothing to do with price level, it has to do with price level in the grade. Nobody is going to sell a high end great coin for low end money - there is no Santa Claus in numismatics.

There is if one considers all the top flight NGC coins that simply won't cross. If one sells those in the holders, you sort of have to price them like it was XMas. Only other option is taking
a risk to crack them out. The wise and experienced Claus likes to buy coins like that so he can benefit from the upgrade or cross that only he seems able to make.

Sometimes cheap coins are great. Just look at all those swilly (but pure white) common date MS64 and MS65 Morgans now fetching huge premiums only because they are holdered.
To some, it's just like Christmas.

roadrunner

BG · April 29, 2011 7:35AM

Sorry, I'll pass.

As FatMan used to say before he was banned

:

Just Say NO!
...to Dipping

speety · April 29, 2011 2:34PM

Saw the 1795 dollar, holy Chit! That thing is spectacular, blast white or not... I thought about trying to outrun Laura, then thought wiser of it... lol

TexasNationals · April 29, 2011 3:14PM

Golf.

Are you hiring because I have been looking for a change of pace, where do I send my resume, cover letter, recommendation list and coin bio too?

A high end type set ....

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