Greetings all. I'm still pretty new to silver dollar collecting and have questions that perhaps you can answer. First of all, why would this coin have brought nearly $400? If it was just a bidding war, why would there be a bidding war over such a coin? It's not horrible but it's certainly not notable. And it's not a 1928. https://www.ebay.com/itm/Uncirculated-1927-Philadelphia-Mint-Silver-Peace-Dollar-/234300615860 Secondly, what's going on with the striations on this 1923? They look pretty harsh and part of the text is even shaved off. So how can Libertys chin interrupt them, if they are induced wear or damage? I've never seen die damage like that, which is the only other explanation I can think of. Advice?
#1 Bidding war #2 Post mint damage? hard to tell one way or another without seeing better images of the obverse & reverse of the coin.
Yes the 1927 was an insane bidding war. 2 people want the coin. Sometimes auctions like this will go unpaid for. Depending on who wins. Some sellers use what's called a shill bidder. It would not surprise me if that happened on this auction.
That may not be striations. Lines that are raised and go under the device or lettering may be die polishing marks. See also: Die Polishing - VAMWorldhttp://ec2-13-58-222-16.us-east-2.compute.amazonaws.com › ...
Right, I normally think of a bidding war but this was mainly just one guy testing a (very high) earlier bid (see next post). It makes no sense to me that either would be a shill when the price is 2x or 3x normal market value. That would be foolhardy. Not that I have a better explanation.. Thanks, however I've never seen die polishing marks take this form. And as I said the adjacent lettering really appears shorn off rather than just worn or poorly struck. But as you observe the main device appears unaffected. Hence the quandary in my view. Here's the auction FWIW https://www.ebay.com/itm/275040256058 Do these lines appear raised to anyone? I guess it sorta has to be, in the absence of an alternate explanation. Of course this is an extremely common date Peace so few will care ..
The circulated coin did take a hit in the N G area. There is also a die crack. If in fact those lines are the result of die polishing that can result in accidental die abrasion. See below from error-ref.com The reverse face of this 1944 cent shows an area of accidental die abrasion that approximates the shape of a right triangle. Enough metal was removed from the die face to create a distinct rise on the coin’s surface which almost swallows up the letters LURI of PLURIBUS. Die damage of this type — both unilateral and bilateral — occurs in the same area in Lincoln cents that date from 1917 to 1945. The repetitive nature and consistent appearance of the damage strongly indicates a machine part is responsible. While a feeder is a likely candidate, the theory has yet to be proven. Damage in this area can take the form of abrasion, a die dent, or a combination of both types of errors. Do these lines appear raised to anyone? I guess it sorta has to be, in the absence of an alternate explanation. Of course this is an extremely common date Peace so few will care ..[/QUOTE] Unfortunately all we have is the sellers pictures. To really diagnose this condition having the coin in hand and using high magnification such as a X10 loupe or better yet for my eyes a stereo microscope would be the way to go at least for me.
Unfortunately all we have is the sellers pictures. To really diagnose this condition having the coin in hand and using high magnification such as a X10 loupe or better yet for my eyes a stereo microscope would be the way to go at least for me.
Thanks, that makes a lot of sense and (along with the Lincoln intelligence) is good material for me to digest.
Your welcome and thank you for your post which made me do some research and learn something new today. Knowledge is power!
If you're the seller and this guy has bid astronomically before. You know you can get away with it. The seller knows the bidder id. It would be really easy to do with a seller like this one as he sells a lot of coins everyday. He has the same bidders. In the end, if the shill ID wins, request cancelation. Ebay is too easy to manipulate
