Well all of my resources say 6000 business strikes and 625 proofs, thus 6625 total coins minted in Philadelphia in 1867. Perhaps the 8625 is an incorrect combination of the 1866 business strikes (8000) and the 1867 proofs (625) or a typo by whoever entered it...
OK that clears a lot of it up. 6000 business and 625 proofs makes sense. Thank you for the explanation. The 8625 is not as credible a source.
perhaps they are counting all of them that have been sold or slabbed. With so many fakes in and out of slabs that is a conservative number to use sometimes. If that is the rarest coin in the series it is a gilt edged guarantee that it has been heavily faked over the years. I have no opinion on the coin shown although it looks good to me at a glance.
Hey is there a way for the mods to remove this post? I realize after talking to the seller that he isn’t a bad dude, as CBD originally suggested. I still think his coin is overpriced but after talking to him I can also see where he’s coming from. I feel a bit guilty and I don’t mean to go bashing respectable and knowledgeable folks in the industry either.
This was an interesting discussion. I have always wanted a P-mint 1863-1867 Seated Dime for my collection and never found a suitable one. I have some scarce ones in my collection, including 1837, 1843-0, 1846, 1858-S and 1885-S but no '63-'67. They are scarce.
Agree with @Eduard especially regarding these dates in circulated condition. I have been searching high and low for VF-AU examples of those 5 dates to match the rest of my set for some time and thus far have only located 3 of the 5, although I did pick up a MS 1867 and a duplicate 1863 along the way.....the search continues. I will say, though, that the prices for all of these issues seem to be rising which has brought some new examples to market. It is a limited market, but I believe the demand is there for nice pieces. I have also been tracking PCGS/NGC/CAC populations for the past 2 years or so and it appears between the 5 dates there are but a handful of new certifications per year and a even less new coins that gain CAC approval. That made finding the attached coin (which is currently off at PCGS for grading) even sweeter.
I suppose I should add that the photos were taken by a very generous (and apparently humble) member here who has assisted me in my current PCGS submission. Many thanks are in order @C-B-D...
See the following thread: https://www.cointalk.com/threads/gtg-1867-dime.308147/ I just decided to address this dime in the past week. It will be going back in the next couple days to be corrected as 'mechanical error' due to its obvious status as a business strike. I'll update the original post once the process is complete!
Beautiful coin! drbrummer, what would be your best estimate of the extant population of circulation strikes?
I have not studied the dates in MS. so I am unqualified to discuss these grades. In the VF-AU range, which I have studied, it appears like there are less than 40 examples of each date in problem free condition. The 1863 and 1867 may be closer to 20-25. Because there are only small jumps in price from VF-AU, I don't think resubmissions are a factor at all and pop reports are very accurate. Besides the 1863 I just posted, I haven't seen another raw coin from any of these dates in this grade range over the last few years that I thought was original. Additionally, there are also a few graded examples that are so-so at best. I personally think the 1863 and 1867 are about tied for rarest and 1865 appears to be the most common, although 1866 may be the most available in choice circulated condition, which is also interesting.
No, the area under the bow does have a little toning but not a removed MM. A 63-S in this grade would almost always exhibit much more weakness at 'OF AMERICA'. Additionally, the date position is unique to 63-P...
I need to study Seated Dimes quite a lot more before dropping $1.5K on a circulated coin fairly available in MS...... Drbrummer just blew my mind with his amount of knowledge. I wish the mods would remove this thread because I wasn’t trying to unfairly bash the seller, who seems fair and actually a nice dude.
You can ask, but they openly claim this to be something they won't do, at least until they do. Still, I think you're handling this quite well by repeatedly admitting what you feel is a mistake and is probably the best you can do at this point. This is also a good example of why we really need to be sure about someone before openly saying or doing something that has the potential to unfairly label or haunt them. Perhaps the mods will allow you to amend your first post? At least that way your feelings on the matter would be made clear without having to read the entire thread. Kudos to you either way.