Where the "Bleep" Are All the Good Coins!??!?!?!

IMO now is not the time to sell anything of significant value, and I think people are learning that. Realized prices are down...

If you don't believe me, try and sell a coin valued at $500 or more on Ebay...

I've taken a bath lately, and even my local coin dealer mentioned this to me. People are not willing to pay the "typical" premiums on pricier coins.

Hence the bulk of junk, and lack of goodies... a lot of people are holding back.

 

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Beg to differ with you, mr administrator. The rim is damaged because of the die clash, and it's not hard to find other 83 CCs so afflicted. It's never been mounted in a piece of jewelry.....unless it was mounted in a piece of jewelry and never.....ever worn, which is highly unlikely.

EDITED - Uncalled for comment - you will respect every member even if you disagree with them.

Nightowl

 

I'm willing to pay melt +10%

 

If you have an account at Heritage....check this MS65 out. The same type of rim damage is present, but at 12 and 6 o'clock. It brought "melt" plus 330 dollars. If that doesn't convince you, there are more. This kind of damage is always 180 degrees apart on the rim.

http://coins.ha.com/common/view_item.php?Sale_No=29114&Lot_No=26222&src=pr

Nightowl

 

I agree - it is damaged. The strike is too good around the rest of the coin to have such bad detail on the rim. If you sell it as good, I only hope the other buyer will be able to return it when he sees the damage.

Totally unlikely - have you ever seen a die clash? It affects the highest parts of the coin. If this was a die clash you would see other markings around the rest of the detail.

Either way - I checked out the coin on Heritage that you claim has the same damage - it does not. Your coin has been smashed, or placed in some type of holder/jewelry that pushed down on it in those places. On the Heritage piece, I see some glare from the scan that they made, and a weakness on the detail for the whole coin - but not damage that your coin shows.

If you care to point out some facts that back up you saying that a die clash caused weakness around the rim at ramdom places, then by all means post it, and I'll read it.

Speedy

 

The edges of the 83-cc sure are odd. Are the pictures in the thread accurate to the coin-in hand at 3 and 9 o'clock on both sides?

Just wondering...Mike

p.s. Speedy, I'm not convinced it's "damage", but I agree 0% chance it's a clash that caused it -- just looks like a weak strike to me.

 

I've got to disagree with you and Doug . I've seen this a number of times on Morgans that have been graded (PCGS and NGC). First, there is a clash mark on the neck, so the dies that struck the OPs coin did clash, with that said I'm not 100% sure that's the cause of the weak rim.

Honestly I'm not sure exactly what causes the weak rim, but imo it's somehow caused during minting, not post mint damage.

A quick search of Heritage and you can find an example: 1883-CC $1 MS63 NGC. NGC Census: (2872/9607). PCGS Population (7155/20244). Mintage: 1,204,000. Numismedia Wsl. Price for N... Morgan Dollars

 

LOL! I'm missing the clash mark on the neck - can you give alittle more detail on where to look on the neck, and what to match it up to on the Rev?

Speedy

 

Actually, it affects the"highest" part of the die, and the "lowest" part of the coin.

 

Here are the two spots below, they're really common clash areas. Liberty's neck which is a clash from the Eagle's wing (it looks like a faint line coming out of the neck). And on the reverse there is a light clash on the Eagle's wing from Liberty's neck.

 

I think your right Mike, great Heritage example! and in 63 no less.

 

I know for a fact that this is not post mint damage. I am looking at it with a 50X eyepiece from a microfiche machine, and the surface of the damaged area is exactly the same texture as the rest of the coin. I propose that the damage was caused by the collar or perhaps by sheared scrap from a previous strike. Search for the text

"CLOSE ENCOUNTERS OF THE THIRD DIE" on this page.

http://www.ashmore.com/vamupdate/vam-e.htm

As for respect....I give what I get. If you expect more of me than that, then you are being completely unreasonable.

Nightowl

 

Nightowl -
Hopefully after your short "leave" you will find your common "cents" and follow the rules.

Speedy
Moderator

 

I've got two theories, but I don't have much to back it up but my crazy ideas . First off I don't believe the striking pressure could be the cause.

My guess is it could be caused by two things:

First, is simply a grease filled die. Imo it would probably be quite easy for grease to get stuck in the areas that strike the denticles because they are incuse and on the outer most portion of the die.

The second theory involves the planchet. Imo from looking at a few, the weak area of the denticles is almost even with the rim and slightly lower than then the rest of the denticles. I believe if the planchet was slightly thinner in these areas it would account for the weakness, because being thinner that area of the planchet would strike fully into the die; just like a weak strike.

 

I agree there are not as many steals as you see other times in the year. That being said i don't buy high end coins I just buy stuff I like at prices I think are bargains. I bought a two roll mint set of the 2005P&D Bison nickels for $4.25 plus shipping I know that is common stuff that everyone on here probably has 5 of but for 25cents over face value and with lots of others selling for around $10 per roll at the same time I thought I did good. I searched Friday for some cheap deals and found all 11 War Nickels for less than spot including shipping again this would not impress most, but I didn't have all of them and for the price again I think it is a bargain. I enjoy seeing all the great coins you guys buy and trade for, but for now I am just a common collector of type coins that i think are bargains. One thing you might try is miss spelling key words in the description eg. VBD rather than VDB, Nickle instead of Nickel it does work sometime I have bought coins for 1/3 of what the same coin would have brought if the seller had not misspelled the word.

 

Ooooh, the gauntlet has been laid.

 

I want to see how this turns out, so I'll agree to pay all the grading fees if it doesn't come back graded in a regular holder.

There's only one thing that bothers me and that's the raised area on the left denticles on the obverse, but overall I think the weakness in the denticles is from the minting process and it will grade.

Lol! encil:.

 

lol now that was the Gauntlet being layed down!!