Large silver dollar collection bought

Discussion in 'What's it Worth' started by Siggi Palma, Oct 19, 2012.

  1. Siggi Palma

    Siggi Palma Well-Known Member

    Hey gang,

    I just bought a collection of silver dollars today, About 80 of them.

    I´d like to ask you some questions if it´s Ok by you

    Anything fishy with this one ? The reason I ask is just a feeling I have but nothing I can point out.

    New light and camera setup btw :)

    [​IMG]
     
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  3. Siggi Palma

    Siggi Palma Well-Known Member

    Your grading oppinion is appriciated on this one. Came from a NGC slab as AU50 but i´m not seeing that my self

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  4. Detecto92

    Detecto92 Well-Known Member

    Lotta wear on the eagle's chest.
     
  5. Siggi Palma

    Siggi Palma Well-Known Member

    Not a pretty to say the least but the stamp is something I have not found anything about. If i´m correct it says chapin ?

    Would people still collect these ?

    [​IMG]
     
  6. Detecto92

    Detecto92 Well-Known Member


    Maybe I'm wrong, but I think a CS on such an early date coin would attract some attention.

    Edward J. Chapin was no exception. He was a native of Chickopee Falls, MA and followed the trade of watchmaker for many years both in Massachusetts and in Clyde, NY. Later in his career (1858) he moved to Illinois and then to Indianapolis, IN where he engaged in the manufacturing of blacksmith and gasfitter tools. In 1862, Chapin patented an improvement in watchmakers' lathes. In 1891 he was granted a patent for a steam engine cut-off mechanism. The mark on this coin is representative of his days as a jeweler and watchmaker.

    http://www.worthpoint.com/worthopedia/1854-quarter-chapin-counterstamp-165753008

    T
    here is a small possibility your coin is the same guy.
     
  7. Siggi Palma

    Siggi Palma Well-Known Member

    Wow thank you Detecto, That´s very interesting specially for a history buff like me.

    I´ll look into this further. Thanks for the heads up :)
     
  8. Siggi Palma

    Siggi Palma Well-Known Member

    Now this is the 1878 7/8TF if i´m not mistaken. With the so many marks on it would this be able to get MS60 ?

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  9. Detecto92

    Detecto92 Well-Known Member

    IDK if you have any plans to sell it, but if you do I think auction would be better than sticking a price tag on it.
     
  10. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Neither of those two Morgan Dollars are uncirculated. THe AU 50 is probably generous--looks XF 45 to me. THe 1878 looks AU 55 to me.
     
  11. Detecto92

    Detecto92 Well-Known Member

    Hard to say, for me. However that coin is beautiful, and has nice devices. I'm pretty sure the coin could hit MS60, if not higher. Defiantly one to send to NGC.
     
  12. Siggi Palma

    Siggi Palma Well-Known Member

    Thanks everyone, i have many more questions and coins ill post later
     
  13. gbroke

    gbroke Naturally Toned

    The TPG'S can be generous sometimes. I wouldn't rule out that this couldn't get a 60.
     
  14. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    I would! I love Draped Bust coins.
     
  15. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    What do you think you see?
     
  16. lonegunlawyer

    lonegunlawyer Numismatist Esq.

    I would think it very possible to achieve MS60 because it appears to have a lot of the original mint luster. It would be because of the marks that it probably would go no higher that 60-61.
     
  17. BRandM

    BRandM Counterstamp Collector

    Just got your p/m Siggi. The "Chapin" stamp you have isn't the one Deteco suggests, for no other reason than it's far too big for a watchmaker. Watchmakers, jewelers and silversmiths typically had smaller marks because they generally stamped small objects. There are a number of Chapins listed in the references but none like yours, so it's probably unique...and valuable. Any stamp on a Bust Dollar would bring good money, even though parts of yours is weakly struck. Not only is there interest from counterstamp collectors, but some from Bust Dollar collectors who might not be able to afford one without the stamp. Great coin Siggi. Thanks for showing it.

    Bruce
     
  18. Pacecar

    Pacecar Well-Known Member

    I'm not positive, but something looks "off" to me with the stars on the obverse. Here is mine that I was comparing yours with.

    1895_O_Obv.jpg 1895_O_Rev.jpg
     
  19. Bedford

    Bedford Lackey For Coin Junkies

    Looks like a
    1878-P VAM-40 7/8 Tailfeather 7/5 variety

    And ,Yes I think a TPG would give it a 61 grade ,possibly a 62.
     
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