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<p>[QUOTE="Eduard, post: 18682856, member: 8959"]Recently came across this 1838-O dime. This is a fairly scarce, first year of issue for the New Orleans dime with a total reported mintage of just 70000 and an estimated 200 known. Demand for this coin is high.</p><p><br /></p><p>The listing described it a VF+ with an edge nick. Based on the pictures (1st picture attached) I decided to go ahead and buy it.</p><p><br /></p><p>What the postman delivered was a surprise, both negative and positive. </p><p>First, the negative. The damage was, IMO, more extensive than an edge nick. It is more like a severe edge pinch affecting the planchet on both obverse and reverse, not just the edge. The coin is slightly out of flat as a consequence of this. </p><p>This explained the reasonable BIN price, the equivalent of (approx.) $238. </p><p><br /></p><p>The positive, and what ultimately convinced me to keep it is the fact the coin is in fact very attractive, with high details and a surprising amount of lustre still present, which my photos (as usual) don't capture. Combine that with the fact it is quite scarce, I think I made a good deal and am very happy to have it.</p><p><br /></p><p>I would be interested in hearing your opinions - [ATTACH=full]1538009[/ATTACH] [ATTACH=full]1538010[/ATTACH] [ATTACH=full]1538011[/ATTACH] What do you all think?[/QUOTE]</p><p><br /></p>
[QUOTE="Eduard, post: 18682856, member: 8959"]Recently came across this 1838-O dime. This is a fairly scarce, first year of issue for the New Orleans dime with a total reported mintage of just 70000 and an estimated 200 known. Demand for this coin is high. The listing described it a VF+ with an edge nick. Based on the pictures (1st picture attached) I decided to go ahead and buy it. What the postman delivered was a surprise, both negative and positive. First, the negative. The damage was, IMO, more extensive than an edge nick. It is more like a severe edge pinch affecting the planchet on both obverse and reverse, not just the edge. The coin is slightly out of flat as a consequence of this. This explained the reasonable BIN price, the equivalent of (approx.) $238. The positive, and what ultimately convinced me to keep it is the fact the coin is in fact very attractive, with high details and a surprising amount of lustre still present, which my photos (as usual) don't capture. Combine that with the fact it is quite scarce, I think I made a good deal and am very happy to have it. I would be interested in hearing your opinions - [ATTACH=full]1538009[/ATTACH] [ATTACH=full]1538010[/ATTACH] [ATTACH=full]1538011[/ATTACH] What do you all think?[/QUOTE]
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