Yesterday was the first day of the Dalton, GA coin show, and I had some pretty good luck. I was at the show for about 20 minutes when I stumbled up to a table with several bust dimes, including a "damaged" 1809. This is a tough coin even in lower and damaged grades, and was priced EXTREMELY fair. I took a quick look at the coin to confirm it was genuine, paid the dealer and went on my way. A short time later I came to my local dealer's table and took a closer look at the coin and showed it to him. Now for the good news: The "damage" is actually a planchet defect, not PMD. I'm pretty happy about this find to say the least! My next find was an 1830 JR-1 (R-4+) This is a tough variety which is mostly found in VG. I estimate this coin to be VF20-25. I actually found this same marriage a few months ago in a bit higher grade (VF35), so this is a duplicate marriage, but a nice one! The last dime I found was an 1820 JR-9 (R-4). This is a lower grade coin, and has seen some honest use. The die bulge through stars 1-3 are common to this marriage, and are actually what tipped me off when I saw it in the dealers case.
Thanks Bruce, I didn't have any luck with bust dime counterstamps, but that is the norm After a few folks mentioned they couldn't tell whether the 1809 was a planchet defect or PMD, I put a little effort with my 5mp P&S and a loupe to hopefully capture what is going on. Any comments (good or bad) are welcomed!
Some nice pick ups there! Have yet to get a bust dime for my collection. Need one for my US type set. They are a neat old design.
I was thinking PMD too at first, but I'd agree - planchet defect. But technically, the coin would still be considered damaged because of the pitting.
You and I must be afflicted by the same bug (1809 CBD Syndrome). I would have bought it too, regardless of what is going on at the edge; and yes, I am leaning toward planchet defect too. 1809's have a certain magic attached to them, and yours is otherwise a wholesome example of a scarce date. I was offered a F15/VF20 example last year with a noticeable gash on the reverse. For the price I paid ($500), It does not bother me, and it is an upgrade to my other one (VG8). It is an 1809 after all! BTW, the other dimes you picked up are all nice too.
Doug, thanks for taking the time to leave your opinion, it's much appreciated. Eduard, as soon as I saw it I knew I would be buying it I agree there is definitely an allure to the 1809's, and there value is increasing rapidly.. A VG10 went for 1700$ on Herritage recently! If you get a chance post a picture of your new 1809, I'd love to see it.
Hi, happy to oblige. There are pictures of both of my 1809's in this thread. http://www.cointalk.com/t52481-4/ Regards, Eduard
1809 dimes often have mint-caused defects. The imperfections on this one, though, are a little puzzling. The highlighted indentations and breakage, though, are probably just planchet defects. In any event, my research suggests that 1809 dimes are truly rare. A collector should feel fortunate to own a genuine one. Dimes of 1809 Dimes of 1822