Extra! Extra! The big bnb news!!!!! 3 legger on its way!

Discussion in 'Coin Chat' started by BNB Analytics, Dec 19, 2009.

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  1. Breakdown

    Breakdown Member

    BNB

    Can you tell us where the smudge marks are on the obverse? All I see is the die erosion. Looks like a nice AU coin to me.
     
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  3. BNB Analytics

    BNB Analytics New Member

    It's not easy to see on this picture but look closely on the obverse.. My guess is that they are smudge marks, but I could be wrong.. What is die erosion?

    Look real close towards the mouth area of the indian.. It actually covers the whole obverse..
     
  4. Breakdown

    Breakdown Member

    Die erosion refers to the uneven flow lines that look like rough surfaces which are prominent in all 3 legged variety examples, including yours. Think orange peel or alligator skin. Look at the back of the Indian's neck, along the hairline and above the cheek. Also along the Buffalo's back and near the rim between 7 and 9 o'clock.
     
  5. Lehigh96

    Lehigh96 Toning Enthusiast

    So which is it? In your first post you state there are numerous minor varieties indicating that the 3 legged Buffalo is a minor variety. In you second post, you state there are thousands of instances of a mint worker buffing away a design element and numerous that are as "dramatic" as the 3-legger.

    I would like for you to list three that you consider as dramatic as the 3-legged Buffalo and perhaps you could do some research and make sure you post some photos as well. I will start you out with one that I already mentioned in another thread tonight. The "broken nose" variety of the Mercury Dime caused by excessive die polishing, just like the 3-legged Buffalo.

    [​IMG]


    You seem upset that the 3-legged buffalo is popular with collectors. Well I have news for you, if the coin were not cool, nobody would want it, hype or not. Yes there was hype, yes it is a very cool coin, and yes it is worth every penny of the price premium that it commands. I personally don't understand why collectors find RPM's valuable, but they do. Just because I don't agree doesn't make them a scam. You may consider the complete removal of a bison appendage a "minor $2" variety, but the rest of the Numismatic community does not agree with you. But by all means, state your case here and convince us!

    Lastly, and I know I will regret this, what is the biggest scam in coin collecting. Please be MS70 grade, please be MS70 grade, please.:vanish:
     
  6. fagaly

    fagaly Junior Member

    What's on Santa's list

    That was a fantastic post :bow:, Thanks!.
    Now to coins. My guess is that while I might get a gift certificate for my local coin shop), but I'm hoping for a copy of Manley's Half Cent Die State Book, 1793-1857 for Christmas.
     
  7. Ardatirion

    Ardatirion Où est mon poisson

    Yeesh. Sorry. I guess I don't need to know that bad. I was originally going to say "Can you cite some sources?" but figured that would probably rub you wrong.
     
  8. BNB Analytics

    BNB Analytics New Member

    Yeah no problem, those are my best sources at the moment.
     
  9. TheBigH

    TheBigH Senior Member

    I can't provide a lot of examples. There is the one you mentioned. There are few courtesy of the Ike Group (http://www.ikegroup.org/PEGE.htm), and the 1982 (and other dates) Kennedy "no FG" variety comes to mind. I own several of the "no FG" type, and they sell for about $2 in AU, but are readily visible to the naked eye.
     
  10. mikenoodle

    mikenoodle The Village Idiot Supporter

    don't forget the 1982 No-P dime, and several No-S proof sets from the 1970s and 1980s
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    Different causes entirely, but similar in the fact that they are varieties.
     
  12. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I think it's a very nice example of the 3-legged variety. I have always really liked this coin despite some people's opinion of what it should be worth. The fact of the matter is, this variety is a very popular piece from a very popular set...and when you combine those two facts you end up with an expensive coin.

    I like it, I think BNB chose his Christmas present well.
     
  13. Sholom

    Sholom retired...

    <snicker> That's funny!

    Isn't that *always* the case? Think about it. There are all kinds of coin errors . . . the ones that get the hype and/or the ones that the public wants end up being the ones that get talked about, get written about, get entries in the Red Book, get holes in albums for, and get high prices!
     
  14. TheBigH

    TheBigH Senior Member

    No. Sometimes coins are genuinely rare and/or scarce. The 1916-D dime is an uncommon coin that sells for a lot of money, and it's not a minor anomaly created by a mint employee who went a little heavy on the buffer.
     
  15. Ardatirion

    Ardatirion Où est mon poisson

    You just highlighted an excellent point. Rarity can be subjective too. You consider the 1916-D a rarity? There were thousands minted and plenty survive today. I have at least four unique coins in my collection, and not minor differences like varieties or whatnot, complete unique types.
     
  16. TheBigH

    TheBigH Senior Member

    No, I don't consider it rare, but I do consider it a legitimate collectible coin. The 3-legger is a legitimate collectible coin, but at the price of $15 tops.
     
  17. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I don't understand why people seem to get upset when talking about this coin and other similar varieties. Who cares if it was produced by a mint employee polishing the die a little too much...all that matters is it was produced. One die made it and it is easily distinguishable from other dies. This set is amazingly popular and as a result these easily distinguishable varieties also become popular...and that leads to the high prices. Sure, if there wasn't demand for it then the prices wouldn't be so high but that is true of any coin. At the end of the day these coins command these prices because they are a lower minted variety of a popular series. Call it "hype" or whatever else, but that's the truth.
     
  18. CamaroDMD

    CamaroDMD [Insert Clever Title]

    What makes this coin any different from say the 1922 No D Lincoln Cent or even the 1909-S VDB cent? Both were produced in low numbers (for different reasons) but due to the popularity of the series and the limited production they command a high price.
     
  19. Ardatirion

    Ardatirion Où est mon poisson

    Very true. And its very easy to not include it in your collection, if you don't like it.

    By the way, in case I didn't say it before, that's a very nice coin BNB.
     
  20. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Exactly. In fact, many of my sets are "variety free" which includes not having this coin, or a 1922 No Lincoln. They are easy to avoid if you don't like them. I personally do like them, but I was on a strict budget so these coins were cut from a "complete set." Down the road, I plan to add them.
     
  21. NotSure

    NotSure I'm sure I'm NotSure

    I posted early on that it is, indeed, a nice example. In my limited time on THIS forum (I do peruse/use other forums, have for a few years now...though this seems a much tamer forum than others), I have noticed BNB raises the ire of many. Perhaps if he let his coins do the talking for him.....

    Also, I would never use Wikipedia info and take it as gospel. If you need to prove a point, Wiki is a poor choice for info (simply for the fact the info is supplied by Joe Q. Public, and not quite a 100% fact based supplier of information). I take the info supplied by them with a grain of salt and would NEVER use them to help prove a point...any maniac can add info to it, whether true or not, and I have seen more than a few 'facts' in Wikipedia that were NOT factual, as I'm sure many of you have experienced the same. In addition, the founder is now looking for handouts to keep it alive. Perhaps we won't have the 'luxury' of Wikipedia in the future.

    BNB, keep the nice coins coming. Post those gorgeous purchases at will, but think twice before adding verbage. Just M2C
     
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