Sunday, March 26, 2017

JR Newsletter: 26 March 2017 (337)





David Perkins wrote:

Please stop by Table 818  if you are attending the Whitman Baltimore Coin Show next week (Wednesday March 29 through Saturday April 1, 2017).  

 W. David Perkins Numismatics, Gerry Fortin Rare Coins, and Jim Matthews Rare Coins will have 16 cases (!) of Early Silver, Copper, and Gold coins for you to view and / or purchase. Our inventory includes a fair number of R-6 through R-8 die marriages, and early U.S. Coins in popular late die states.  The below photo is one of three examples known for the 1798 B-33, BB-117 (R-8) die marriage.  You can see this coin at Perkins table at the show.

 We now have three tables, all under Table 818 (highlighted in green on the map below).  We are located  a short distance to the right of the show entrance in between Heritage, Stack’s-Bowers, Whitman, and the U.S. Mint. 



 Most of the coins we will have at the show can be viewed in advance at www.davidperkinsrarecoins.com and http://www.seateddimevarieties.com/.  We also will be buying coins at the show.

 See you in Baltimore!  Thanks.

W. David Perkins, Numismatist
Centennial, CO
wdperki(at)attglobal.net
www.davidperkinsrarecoins.com
Cell 303-902-5366
ANA, ANS, NBS, NLG, LM JRCS, LSCC, EAC

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We also have a reminder about the JRCS Hall of Fame:

 Nominations for the JRCS Hall of Fame class of 2017 are now open.

The membership is encouraged to send nominations for the Hall of Fame at any time. You can nominate candidates for either the veteran (those who contributed before the advent of JRCS) or the modern (those who have been members of JRCS) categories. Please include any pertinent information about the nominee that you feel necessary. Nominees will then be voted on by the HOF committee and the inductees will be announced at the annual meeting at the ANA convention in the summer. We look forward to seeing your nominations!

Please forward your nominations to bkaroleff(at)yahoo.com or to jrnewsletter(at)jrcs.org

Sunday, March 19, 2017

JR Newsletter: 19 March 2017 (336)





Barry Sunshine wrote:

I read last week's JR Newsletter article about attributing an 1834 capped bust half dime to the half dime book.

Its pretty cool that collectors have more time to do this research compared to dealers.

Here is my story.

I really never found a 1832 capped bust dime for my registry set that I really loved. Well, I came across a dealer website that had a 1832 JR-3 in PCGS 66. When I looked at the coin closely I thought it looked like a really nice coin and the price of the coin was reasonably priced. So I asked to have it shipped to me. I later matched plates to the Lovejoy coin – lot 125. Also, in reviewing the prices realized and I noticed that this coin realized more than any other mint state capped bust coin from 1831 on except one. So in the end I was able to attribute the coin and acquired a very high grade example. I believe it’s the finest known.

Score card – Collectors 2, Dealers 0 !

Below is a picture of the coin!

Best,
Barry
 

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Peter Mosiondz, Jr. wrote that finances and other issues dictate be must sell his remaining books:

Books for Sale

Abe Kosoff: Dean of Numismatics, Q. David Bowers. SB. New. $15.00

Adventures With Rare Coins, Q. David Bowers. HB. New. $12.00

Coins and Collectors, Q. David Bowers. SB. New. $5.00

Virgil Brand: The Man and His Era, Q. David Bowers. HB. New. $15.00

The Expert’s Guide to Collecting and Investing in Rare Coins, Q. David Bowers. HB. DJ protected in Brodart Mylar. New. $15.00

The History of United States Coinage as Illustrated by the Garrett Collection, Q. David Bowers. HB. New. $25.00

The Numismatist’s Lakeside Companion, Q. David Bowers. SB. New. $5.00

The Numismatist’s Topside Companion, Q. David Bowers. SB. New. $5.00

The Lovett Cent: A Confederate Story, Harold Levi and George Corell. SB. New. $15.00

The Complete Guide to Shield and Liberty Head Nickels, Gloria Peters and Cynthia Mohon. SB. New. $20.00

The Complete Guide to Liberty Seated Dimes, Brian Greer. SB. New. $10.00

The Coin Collector’s Survival Manual (6th edition), Scott Travers. SB. New. $5.00

The Standard Catalog of United States Coins (1946; 11th edition), Wayte Raymond. HB.  New. $35.00

A Guide Book of United States Coins 2017: The Official Red Book, R.S. Yeoman and Kenneth Bressett. Spiral.
New. $5.00

The Early Coins of America, Sylvester S. Crosby. The Quarterman reprint (1983) and the best edition with the expanded 20 page bibliographical foreword by Eric Newman. 381 pages, 10 plates, two manuscripts. HB (Blue Cloth). DJ protected in Brodart Mylar. New.               $15.00

Penny Whimsy: A Revision of Early American Cents 1793-1814; An Exercise in Descriptive Classification with Tables Rarity and Value, William H. Sheldon, with the collaboration of Dorothy I Paschal and Walter Breen. (Quarterman Publications 1976 ). 340 pages. HB. DJ protected in Brodart Mylar. New. $30.00

United States Copper Cents 1816-1857, Howard R. Newcomb. The 1985 Quarterman reprint with a new foreword rarity tabulation and commentary on new, duplicate or missing varieties  by John Wright. HB. DJ protected in Brodart Mylar. New. $15.00

America’s Large Cent (Coinage of the Americas Conference 1996; Published 1998).  John M. Kleeberg, editor. HB.  New. $20.00

Add $4.00 Media Mail postage.

Peter Mosiondz, Jr.
26 Cameron Circle
Laurel Springs, NJ 08021-4861
Phone: 856-627-6865
Email: choochoopete(at)comcast.net




Sunday, March 12, 2017

JR Newsletter: 12 March 2017 (335)






We have a couple of contributions this week.  First, from Sheridan Downey:

I too spotted the misspelling of Elton's last name in the Kagin's catalogue.  Elton was my bust half mentor for 15 years.  I'll not forget the time he reminded me how to spell his last name, "It's Dosier, with an S as in sugar," he said.  I still I jump out of my skin when I see it spelled with a Z.

Sheridan
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And from yours truly:

Recall that last week, I wrote about a semi-exciting new find in my 1834 LM-3 half dime graded PCGS MS63.  I mentioned that it was an upgrade over the PCGS AU58 CAC coin that was my set piece.  What I did not mention was something else about my AU58 half dime that I did not know a week ago.

A friend asked me what I was going to do with my "duplicate" 1834 LM-3.  I told him I would have to check my notes to see what I paid for it.  I checked my notes, and my notes are notoriously devoid of detail much of the time.  I am not so great at recording date of purchase, price paid, source of coin, etc.  So I started searching for information.  I think I found the price paid.  I think I found the seller's name.  Then I recalled a lesson I learned only last year when I almost sold a Logan-McCloskey plate coin accidentally because of my inferior record-keeping.  I decided to compare my coin against the coin on page 250 of "Federal Half Dimes 1792-1837."  I thought, "hmm, these coins look alike, but I did not buy this as a plate coin, I know the seller never mentioned it as a plate coin, and my sparse notes make no indication that this is a plate coin."  So I started to look more closely.  I examined marks, toning spots, and other markers.  Despite the appearance that my coin was lighter than the image in the book, the markers appeared to line up.  Imagine my surprise when I came to the conclusion that my "duplicate" was THE plate coin from the half dime book!

Of course, I had to tell my friend about my discovery and that I would not be entertaining the sale of the coin at this time.  I guess each of us should make such checks before we sell our coins, right?  You never know!

Richard Meaney

Here's that "duplicate" coin…the plate coin from page 250:




Sunday, March 5, 2017

JR Newsletter: 5 March 2017 (334)


We have a number of contributions this week.



First, Rick Andrz wrote:  A good cherry picking February

While doing Red Book varieties of Bust halves I also look for key varieties using Edgar Souders' "The Top 100 R4 & R5". I like halves with die cracks and always wanted the Comet variety with single leaf. Well, I was lucky to win as the only bidder at just the minimum in the low $200s.



I also was contemplating getting a 1807 draped bust some day to go with the 1807 capped bust. I was looking at a few on eBay when I saw one with star 1 close to the curls;  thought it could be a  O-101 R5 rarity but it was really a  O-110. I never looked at varieties of Draped halves before so I started looking at a few more to attribute. I came across this one in NGC holder marked as cleaned. The reverse was posted as attached; upside down. The opening bid was about $50+ higher than what most cleaned 1807 draped halves go for on Heritage. I made a bit higher bid and won … an O-104 R5-. As I'll only buy one, at least I have a key variety. February turned out to be a great month for searching for early halves.




Rick Andrz
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Richard Meaney wrote:

A couple of weeks ago, Vern Porter asked if anyone other than Louis Scuderi (who cherried an 1833 LM-5/V-10 capped bust half dime) has found anything worthwhile in the series.  Certainly, this is not even in the neighborhood of Louis Scuderi's find, but nonetheless something I am happy to have added to my collection.  I recently upgraded my 1834 LM-3/V-2  (an R-3 die marriage) from an AU58 CAC example to the pictured (PCGS Trueview photo is below) PCGS MS63.  Most collectors of capped bust half dimes, in my opinion, don't spend too much time or effort on the five 1834 die marriages, since all are relatively easy to find.  However, my experience is that the 1834 LM-3 has been quite difficult to find in mint state grades.  In fact, the most recent JRCS census of early half dimes (2015) shows only two 1834 LM-3 half dimes graded in the MS 60-62 range, with MS62 being the finest reported.  I'm not one to pursue "finest known" or "highest in the census" by any means, but was happy to add this mint state example to my collection.  It was also pretty nice to buy the coin for less than PCGS price guide. 

I did some further research, wondering if I could find out when/where this coin last sold:

Authors of "Federal Half Dimes 1792-1837" Russell J. Logan and John W. McCloskey stated, "High grade examples of this die marriage are difficult to find.  An example described as Brilliant Uncirculated was auctioned by Stack's, 3/92:470."  With the hope that the coin referenced by the authors was plated, I wrote to numismatic book seller Bryce Brown and ordered a copy of "The William W. Moore Collection of United States Coins and Patterns" published by Stack's for their March 17-18, 1992 auction.  I found lot 470 described as "1834 V.2.  A 3 over an inverted 3.  Brilliant Uncirculated, light toning."  Unfortunately, the coin was not plated by Stack's, so my speculation will stay just that for now.  When I followed up with the seller, he advised, "I bought the coin from a client who bought it out of an auction. That's all I know."  I guess I will just have to categorize this one as a "maybe!"

Richard

------

Finally, from Mike McDaniel:

Long time JRCS member and  Bust Half Nut Club member Dr. William Christie is selling almost 250 coins in Session Two of Kagin's March 2017 ANA Money Show Auction (Friday, March 10) .  http://auctions.kagins.com/Kagin-s-March-2017-ANA-National-Money-Show-Auction_as46383


Bill has collected coins for over sixty years and specialized in Capped Bust Halves. At one time he had 425 of the then known 450 die marriages. Several dozen Capped Bust Halves of his are in the auction as well as early dollars, quarters, dimes, and half dimes.  The auction catalogue has a nice overview of Dr. Christie's collection and his numismatic journey (Pages 222-223), although it does misspell the name of numismatist Elton Dozier.

Good luck to Bill and happy hunting to the auction participants.

Mike McDaniel
JRCS Member #1467

Sunday, February 26, 2017

JR Newsletter: 26 February 2017 (333)


One contribution this week from David Perkins:



Upcoming Auction, Old Time Collections, and Pedigrees 

Yesterday I reviewed lots online for the upcoming Stack’s Bowers Galleries Blue Moon Collection Part 1 Sale.  It appears that many of the coins offered in this sale are from previous Stacks auction sales in the 1970s. For collectors of early U.S. Silver it appears that there are early silver dollars 1794 to 1803, but no half dimes, dimes, quarters, or half dollars in “Part 1.”  At least I didn’t find any of these denominations listed online at this time. 

Lot 2538, a 1797 B-3, BB-71 10X6 Stars Dollar caught my eye.  This coin was last sold in the December 9, 10, 1974 Stack’s sale of The W. Earl Spies Collection of U.S. SILVER DOLLARS 1794-1803.  Spies had an extensive collection of early dollars by die marriage and die state.  This 1797 Dollar has been off the market since this time. 

The Stack’s cataloger for this lot did not include the original lot number from the 1974 sale.  This 1797 Dollar was Lot 36 in the 1974 Spies sale where cataloged as, “Uncirculated, full frosty mint lustre.  Natural sea green, golden, and iridescent toning.  Just a touch of friction on the cheek (which really is only missing tarnish) from the gem category. A beautiful and rare coin.”

I have a copy of W. Earl Spies’ copy of M. H. Bolender’s The Early United States Silver Dollars from 1794 to 1803 (1950 edition) that I got from Spies’ son.  In the book, Spies noted that he paid $90.00 for this coin, graded it “Unc.,” and that it came from someone named “Norman.”  I don’t know if this is a first or last name.  Dealer Norman Schultz comes to mind, but this is only a guess on my part.  [Per my research, Schultz handled a number of very nice, high grade early dollars over the years.]  

Spies also noted in his book that he had a theory that 1797 B-3 Dollars were known on both “Normal Planchet Size” and “Small Planchet.”  This theory proved to be true – the Warren Miller Collection of early dollars 1794 to 1803 (that dealer Andy Lustig and I purchased) had two examples of the 1797 B-3, BB-71 die marriage, one graded PCGS AU58 and struck on Large Planchet, and another example in PCGS XF45, struck on a small planchet.  Both of these coins have been sold.  

The Spies 1797 Dollar is now graded PCGS AU-55 CAC (image below), where described in the sale catalog in part as, “This lovely original 1797 BB-71 silver dollar offers premium quality and superior eye appeal for a Draped Bust, Small Eagle dollar. Both sides are warmly and evenly toned in olive-gray with iridescent pale gold undertones evident. The strike is nicely centered with overall bold definition.” In addition, the catalog description notes the pedigree as, “Provenance: From our (Stack's) W. Earl Spies Collection sale, December 1974. Lot tag, collector tag and paper envelope included.”  Many collectors such as myself love the old flips and envelopes that sometimes accompany coins that we purchase. 

Lot 2537, a 1796 B-4, BB-61 Small Date, Large Letters Dollar in PCGS XF5 CAC in the Blue Moon Collection Part 1 sale is also ex. Spies.  

There is also what looks like a pretty nice 1794 Dollar in the sale, “Ex Herbert W. Taffs Collection; Glendining & Co.'s sale of the Herbert W. Taffs, Esq. Collection, November 1956, lot 425; Stack's to R.L. Miles, Jr.; Stack's sale of the R.L. Miles, Jr. Collection, April 1969, lot 1525; Joseph Spray Collection; Stack's sale of September 1978, lot 287.  

I can’t wait to view these and other lots in this sale next month in Baltimore. For those attending the Baltimore show I will have three tables (along with Gerry Fortin), all under Table 818.  Please note this table number and stop by and say hello.

W. David Perkins
Centennial, CO





Sunday, February 19, 2017

JR Newsletter: 19 February 2017 (332)

We have just one contribution this week:

Vern Porter wrote:

Other than the recently reported find by Louis Scuderi (an 1833 LM-5 cherry picked from eBay), have there been any good finds for capped half dimes?  I enjoy the series and look forward to stories about good finds or buys.  I have not seen much in auctions lately worth too much attention.

Vern

Sunday, February 12, 2017

JR Newsletter: 12 February 2017 (331)

Steve Herrman wrote:


Your Pre-Turban Half Dollar Census information is needed ASAP for inclusion in the next Issue of the John Reich Journal. Please email the complete inventory listing (including ALL duplicates and die states) of your Pre-Turban halves to Steve Herrman at herrman102(at)aol.com

Thanks,

Steve