Sunday, January 25, 2015

JR Newsletter: 25 January 2015 (225)



Readers who plan to attend the Portland ANA Show in March will want to play close attention to this week's lead story.  Also, Bob Stark shares an inquiry with us.

First, JRCS news about the Spring ANA:

We have confirmation on a JRCS get-together at the Spring ANA in Portland, Oregon.  The John Reich Collectors Society will meet on Friday, March 6 at 8:30 AM in Room E143.  This information will be published in the official show guide as well.  What you won't see in the show guide is the exciting, more detailed information that you will find here.  The highlight of the JRCS meeting will be a presentation by Winston Zack.  Winston has developed a brief presentation on the topic of contemporary counterfeit bust dimes. 

Winston says, "there is a growing interest in contemporary counterfeits in the last couple of years, especially with Davignon's updated second edition of his book, "Contemporary Counterfeit Capped Bust Half Dollars," and "Early Quarter Dollars of the United States Mint" by Rea, Peterson, Karoleff, and Kovach.  It would be only natural to continue the discussion of counterfeiting America's earliest Federal silver coinage by presenting on counterfeit bust dimes."

If you are a JRCS member or just interested in the topic, you are welcome to attend!  The meeting will conclude in time for attendees to get to the bourse for the "opening bell."

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Bob Stark wrote:

A query for fellow JRCS'ers:
Have you seen clips on early dollars?  Are they common?  One might think that planchets prepared in advance and having imperfections might have gone to melt along with the poor strikes.

Best regards,
Bob Stark

Sunday, January 18, 2015

JR Newsletter: 18 January 2015 (224)



This "post-FUN" edition of the JR Newsletter is chock-full of interesting stories, revelations, and opinions about coins.  I'm sure you will find it enjoyable!

Matt Lenore wrote:

I was speaking with Lance Keigwin recently about the 1809 O108a half. It has a series of "embossed segments" as he notes them on the reverse, caused by something damaging the die during the minting process. Apparently it's unknown what the culprit was, but it's thought to be some sort of tool. The coin is seen here:

When I saw it, it reminded me of some strange marks on the reverse of the 1806 B7 quarter, seen here:

Both sets of marks have the same basic shape, and radiate in a gentle semicircle. I see particular similarity between the small marks at the base of the eagle's wing on the 1809 half and the marks on the 1806 quarter.

The coins were only struck 3 years apart, and so presumably whatever damaged the quarter was still part of the minting process when the half was produced. Does anyone have a guess as to what made these marks? Are there other coins with these "embossed segments"? Or is this just coincidental and similar marking, with different causes?

Photo credits to Lance Keigwin.

Matt

Editor's Note:  The photos that Matt discussed have been placed below for ease of viewing.  The links above, however, will provide obverse pictures also.



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Steve Crain wrote:

As the Secretary of the JRCS, I wish to thank those members who have dutifully mailed their 2015 annual dues payments, to ensure that they will continue to receive their copies of the John Reich Journal. The dues notice, which was included in Volume 24, Issue 3 of the John Reich Journal, was mailed to you in December, and all current members should have received one. We requested that dues be paid before January 31, which is just two weeks away. Many of you have already mailed your dues payment, and to those members I offer my sincere thank you, but several have procrastinated, so this is a friendly reminder to send that payment before January 31.

I also wish to thank the several members who thoughtfully included a friendly note of thanks, and even a holiday wish or two, which are very much appreciated. Most members included the bottom portion of the payment notice; some even filled it out. Many members included their membership number which is printed on your address label, making the record-keeping so much easier, but some did not. Most members even made their dues checks payable to the 'John Reich Collectors Society', but a few of you insist upon making your checks payable to me, personally, for which I am most appreciative. I am thinking of using those payments to add a nice half dime to my collection just to make a point. And to those of you who always ask, I am making a concerted effort to expedite deposit of your dues checks so that they will clear your bank in a timely manner.

If you have moved or have a different mailing address for any reason, please notify me either by mail at the JRCS PO Box, or via email at mrhalfdime(at)aol.com, so that we can get your copies of the journal to you. We consistently have several JR Journals returned by the USPS, listed as "Return as Undeliverable". And if you are a Life Member of the JRCS, please ignore your dues notice, as no payment is due.

Stephen A. Crain - Secretary
John Reich Collectors Society
P. O. Box 1680
Windham, ME 04062
mrhalfdime(at)aol.com
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Steve Gupta wrote with his report from the FUN Show:

2015 Orlando F.U.N.

It was with great excitement and some trepidation that I had the opportunity to attend my first major coin show in Orlando.  The local shows in my area are a lot of fun, but in no way did they prepare me for what I was to encounter.  My goal was to meet some like-minded collectors and hopefully find some nice Capped Bust Dimes.  Going into the show I only had 10 coins of the series so there are plenty of holes to fill.

During my pre-planning, I contacted W. David Perkins who suggested several dealers who may be able to help me on my quest.  This fortunately whittled the bourse down from over 1000 dealers to around 20.  I did bring my early dime book and some notes.  I would have benefited from bringing a copy of the latest JRCS dime census.  It is a lesson learned for next time.

Compared to my local show, the floor was a zoo.  With map in hand, I started stopping by dealers in geographical order.  It was remarkably difficult to pass case after case of beautiful coins and stay focused.  Everybody was very friendly despite being extremely busy.  Brad Karoleff even made the incredible gesture of calling his friend Charlie to come by as he correctly figured we would enjoy talking about capped bust dime collecting. 

I am slowly building a numismatic library and have a few of the key references.  Through Charlie I learned the importance of past auction catalogs.  I was familiar with Newman, Logan and Lovejoy, but now I need to strongly consider tracking down the Davis and Subjack sales.

I still have mixed feelings on partnering with dealers and creating want lists.  While this is certainly efficient and would improve my chances of finding the right coin that would otherwise be sold in a private sale, it is fun to walk around, see what is available, identify die variety and hem-haw on price, grade, etc.  Going forward, I will probably do a little bit of both.

After my preview of the bourse and conversations with very knowledgeable dealers and collectors, I had a stack of business cards and a running checklist of about a dozen dimes that would fit nicely in my collection.  I narrowed the list down to an 1830 10c, 1834 10c and an 1835 10c.  Unfortunately cash on hand dictated that I pick one.  Usually, I am excited to find a couple of coins a year that I really like.  Now I had three on the same floor.  All three had original surfaces and were in AU condition.  I verified that they were all R1 or R2 varieties. 
On an amazing coincidence, I passed on an 1833 10c JR-8 (R5) as I purchased one from the exact same dealer a couple of years earlier.  This one was in XF45, but I was not ready to upgrade my XF40.

Another lesson learned is that I need to come up with a better note taking system.  I was walking 100 yards between very patient dealers and asking to look at the coins again.  I now have a good excuse to come up with a color abbreviation sheet/visual guide so that I can note toning as being medium gray, silver gray, blue, orange, red, reddish orange, gold, etc.  I do pretty good with noting marks and die state, but the color eludes me.  Describing luster is another challenge.  I see it and appreciate it, but am pressed to describe it.

At the end of the day, I was sucked in by the Colonel Green pedigree on the 1835 10c JR-3 (R2).  The toning was much richer than I have gone for in the past, but I connected with the coin in a way that I did not with the other two coins that had a more medium gray to silver gray toning.  Fortunately, I was able to strike a deal on the coin I had my heart set on.

As an added bonus, I was able to attend the show with my Dad, who introduced me to the hobby.  Although we say we will meet at a coin show together once a year, it does not happen too often.  His budget and collecting interests are different from mine.  That is a good thing, as it allowed me to peruse some auction lots with him and learn about Liberty Seated coinage.  The next major show I attend, I will definitely set aside a couple of hours to look at auction lots.  This is an opportunity not to be squandered.

Finally the show had some great exhibits.  I was very impressed by the young numismatist exhibits.  When I was their age, I would struggle to put together collages for class projects.  These kids are researching and putting together thoughtful exhibits solely on the joy of collecting.
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The owner of the "Easton Collection" sent his FUN Show report too:
 
It was my Mom’s 85th Birthday the week of FUN and she lives in Florida. Great excuse leaving NYC to attend FUN and see mom. Doesn’t get any better than that - and both Mom and FUN lived up to my highest expectation!

I stayed at FUN from Wednesday to Friday night – here are a few notes from my experience:

On Wednesday, I was able to do Heritage lot viewing to see the bust dimes and quarters. Very glad I did as I didn’t like any of them except the 1818 B-9 quarter (with clash marks) in VF condition. That was CAC’d and I always wanted a B-9 in VF or better condition and this is a great example. I asked a dealer for his thoughts about the coin (he liked it) and I wanted him to represent me in the auction. He got it at the high end of my price range. Boy oh boy, I was thrilled to get it. The under bidder was a friend of mine and when I mentioned that I won the B-9 to him, he mentioned to me that he acquired a B-9 in AU after the auction. We were both thrilled for each other as we got what we wanted! I never had been to a show where there were 2 high grade B-9s for sale. We both were winners!

On Thursday, Stacks-Bowers displayed the Pogue coins. They displayed the coins that they are auctioning off in May 2015. They are the draped and capped bust half dimes, draped bust dimes, draped and capped bust quarters, bust halves and the draped and bust half eagles. Prior to putting them into the showcases, I was personally able to hold and inspect each and every coin being offered! I sat with them and spent about 2 hours inspecting each of the Pogue coins. Some quick comments – the Pogue’s draped and capped bust quarters are so far superior to any other draped and capped quarters collection that I ever viewed. All of these quarters are originally and fantastically toned examples- most of them made my heart stop in amazement. Also, the draped bust dimes are simply amazing. I met Jimmy Hayes who sold the 1796 dime to the Pogues when viewing dime. The 1808 quarter eagle – again amazing. There were about 128 lots and if only one of these coins were offered in auction than that coin would be an auction highlight!  Every coin is a highlight! Great speculation with dealers and collectors on what kind of prices these coins will realize for the best of the best. I am going to Sotheby’s in NYC today to view the Pogue collection again and they will be displaying more Pogue coins including one of the 1804 dollars, an 1822 half eagle and other rarities being offered in November 2015. I will write more about the Pogue coins in a future write-up. Even if you can’t afford these coins, make sure that you look at them carefully because we will never see such a group of coins like this offered in our lifetime. By the way – I heard that Stack's will be displaying the Pogue coins in Long Beach.

On Thursday night, I was walking around the floor and one dealer with modern coins had an 1827 dime in his case. It was a JR-11 graded AU58 with the Eliasberg provenance and it was CAC’d. I asked him to look at it and I noted that this coin was offered last year in a Heritage auction. He offered it to me for a little more than half the price it sold for last year- it was a no-brainer to buy this coin, so I did. Good news, I didn’t have this die marriage yet, so I was thrilled. Also, I was able to acquire a very rare California fractional gold coin that has eluded me for over 10 years.

On Friday, I attended the JRCS meeting and there were 30 to 40 members and guests in attendance. Great seeing and speaking to those in attendance. I will leave others to report more on this meeting.

 Also, on Friday, Rich Uhrich acquired an 1828 large date bust dime in MS-63. This die marriage in mint state has eluded me for over 10 years. When offered to me I considered it mine immediately. Great example and thanks Rich for making my show! 

 My final thoughts from the show – Mom is doing great and happy 85th B’day!  While the internet is great for coin buying, there is no substitute for great relationships with dealers and other coin friends.  I missed the horrible cold weather that week in NY while I was in sunny Florida.  The Partrick coins (including the 1792 patterns) are awesome! There may have been talk about the lack of quality material out there, but it seemed with a little work and some hunting on the floor, quality was out there and priced to sell.  Thank you to my friends at Stack's for the time with the Pogue coins.  There were a lot more coins I wished to acquire, but there is only so much I can do at a show. Thank you for all those that said hello and added to my enjoyment to the show. 

Easton Collection
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Finally, a request from Richard Meaney:

If you have an 1835 LM-5.1 Capped Bust Half Dime, I am interested in hearing from you.  I have recently found a few so-called 1835 LM-5.1 half dimes that are misattributed, including one in my collection.  These half dimes showed die cracks from the rim to the top of S2, one or more cracks between E2 and S2, and/or full or partial cracks from S2 to the scroll (any of these cracks make the coin an LM-5.2).  Granted, it takes CLOSE EXAMINATION to see these cracks on some coins.  I ask collectors who have the 1835 LM-5.1 remarriage to take a close look at the coin and see if any of these die cracks are present.  Good light and good magnification are a must.  What I am finding is that fine die cracks are frequently present on coins that had been categorized as LM-5.1, typically because the die cracks are so tiny that they escape view if one is not intently looking for them.  Yes, half dollar collectors are getting a chuckle here…I'm asking people to look for "tiny die cracks on tiny coins" and life would be easier if I just collected "real coins" – right? 

If collectors would do this and contact me, I would greatly appreciate it.  I would be happy to inspect the coins for you if you wish (send me an email and we can coordinate).  If you have quality images of your coin(s) and would like to share, that would be great too.

I am working on two articles for the John Reich Journal:  one is a general article on rarity of specific die remarriages and the other is focused on the 1835 LM-5 remarriages.  I expect the former article to be completed first.  It will be only with your assistance that I can thoroughly complete the second article.  You may contact me by replying to the email version of the JR Newsletter or writing to me at jrnewsletter(at)jrcs.org

Thank you,
Richard




Sunday, January 11, 2015

JR Newsletter: 11 January 2015 (223)

Not surprisingly (with the FUN Show concluding in Florida and many focusing their attention to those activities), there are no new contributions this week.  Perhaps next week we will hear from FUN Show attendees?  Hint, hint!

Sunday, January 4, 2015

JR Newsletter: 4 January 2015 (222)



As a preface to this week's edition of the JR Newsletter, I hope some of you who attend the FUN Show are planning to write about your experiences at the show and share it with readers of the JR Newsletter – Editor.

This week's contributions:

In response to Winston Zack's discussion of contemporary counterfeits, Paul Kluth wrote:

Great protocol below for identifying counterfeits!

There were some very neat Bust denomination errors that were sold in the 70's from the Bolt Collection.  I have misplaced my catalog from that sale, but if I ever find it, I will send you the information... maybe you can find a copy of that catalog somewhere in the meantime.

Paul
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Garrett Ziss wrote:

In response to Mr. Dave Rutherford's December 28th post regarding my JRJ quiz, I have the following comments:

Yes, I did read about your proposed 4th Capped Bust Half Dollar remarriage in JRJ Volume 24, Issue 1. However, based on previous JRJ die remarriage articles that I read, I thought that there was an "official process" to confirm and document proposed Bust half remarriages. For example, in Mr. Van Harvey's article (Volume 12, Issue 2) it says the following: "During a get together with several other members of the Bust Half Nut Club while viewing O122's and O123's as well as photos of the three die states of the O123, we determined that a remarriage did exist between the two varieties."..."We now have our third remarriage confirmed for the Capped Bust Half Dollar series."

However, during discussions this past week with other JRCS members, I learned that while JRCS or BHNC members may get together to informally discuss a Bust half remarriage, there is actually no "official process" for confirming and documenting a new Bust half remarriage. Each collector is left to their own opinion as to how many Bust half remarriages exist. Therefore, there is no official answer to my quiz question. Maybe this will start discussions as to whether there should be a process to officially confirm and document Bust half remarriages.

Garrett
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Brad Karoleff wrote:

The new year is here and the FUN show looms on the horizon. 

I would also like to remind everyone who is enjoying the latest issue of the John Reich Journal that the next issue will be in the Spring.  I currently do not have much on hand to publish.  Please consider sending me something for the next issue. 

I look forward to seeing many of you at the show.  I will be setup at table 413, please stop by and visit if you are at the convention.

Best wishes for a happy and prosperous new year.

Brad Karoleff
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James Higby wrote:

The David Sklow mail bid sale which closes February 7 includes lot 668, Davis et al. on early dimes.  I already have a copy, so I will not be bidding against anyone here!

James Higby
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Sheridan Downey wrote:

This is a short reminder that Mail Bid Sale No. 40 closes this coming Thursday evening.  The deadline for emailing or calling-in your bids is 6:30 PM EST, Thursday Jan. 8, 2015.  I travel to Orlando Tuesday and will be available by phone all day Wednesday and Thursday.  My office number is all you need, 510-479-1585.  Never hesitate to call if you have a question concerning the sale or bidding process.  Please remember that you may review the full catalogue, the Terms of Sale and excellent photos of every coin in the sale by visiting my web site: www.sheridanscoins.com.

Enjoy your weekend.  I look forward to seeing many of you in Orlando.  The FUN Show will be fun!

Happy New Year!

Sheridan


Sunday, December 28, 2014

JR Newsletter: 28 December 2014 (221)



We have two contributions this week.

Dave Rutherford wrote:

There is another correction to Garrett Ziss's quiz. The number of remarriages in the capped bust series is four. The fourth is 1827 O.124 and 1827 O.135 as reported in the JRJ vol. 24 issue 1.

Dave Rutherford
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Winston Zack wrote on two topics, the first being a response to Jim Matthews concerning a counterfeit 1796 dime:

There are numerous questions which need to be answered in order for numismatists to understand whether they own a 'Contemporary', 'Post-Contemporary' or 'Modern' counterfeit.

1) What is the provenance of the counterfeit (if known)?
2) When was the counterfeit acquired?
3a) What is the weight, specific gravity, and metallurgical composition of the counterfeit?
3b) How does the information in question 3a (above) compare to other like-counterfeits?
4) How does the manufacturing style compare to other known counterfeits (contemporary, post-contemporary, modern)?
5) What historical documentation, if any, is known about this counterfeit?

Answering these six questions can only bring us closer to understanding the contemporary nature, or lack thereof, for pieces like this.

There may also be additional, pertinent questions which should be asked in order to obtain a better conclusion about the counterfeit.

So, Jim, if you can provide answers to most/all the questions about for your 1796 counterfeit dime that would help you in identifying if the piece is contemporary or not.

Personally, I don't recall seeing a counterfeit with a reverse eagle design like the one on your counterfeit before. Then again I don't keep track of the modern, Asian counterfeit 1796 dimes on the market, so it could certainly match one!
--

Winston Zack also wrote to ask for some information on bust coin errors:

I was wondering if anyone out there has a list of Bust silver coin errors (double/triple struck, off-center, brockage, etc., but no cuds please) from the half-dime, dime, quarter, half-dollar and dollar series that they would be willing to share with me for a JRJ article I am looking to write. (The Bust Quarter errors are pretty well documented, I think, in the Bust Quarter books, but I will gladly add to that list if possible).

If you have this type of information to share with me and/or are curious to know more about why I'm requesting this information, please feel free to contact me at:  stoneman101(at)gmail.com

Thanks,
Winston




Sunday, December 21, 2014

JR Newsletter: 21 December 2014 (220)



Usually, December is a slow month for coins, but this issue of the JR Newsletter tells me it is a great month for news about coins.  Lots of good stuff in here, starting with something from Rich Uhrich.

Rich Uhrich wrote:

Rich Uhrich has announced he is selling for a client an 1838-O half dollar, one of only nine such coins known.  The coin is PCGS Specimen-50 and will be pictured on his website and will be at his table #712 at the FUN show.  A photo is provided for readers of the JR Newsletter.  In hand, the coin is more lustrous than one would conclude from the images.

Rich is also preparing his "Coin Year In Review" newsletter, an annual tradition.  Last year's edition was republished, in part, in Coin World.  The only way to get the newsletter on its issuance date of December 31, 2014, is to sign up on Rich's Newsletter page on his website www.richuhrichcoins.com .  At some time in January, 2015, the newsletter will be published on Rich's website.

Best wishes for wonderful holidays!

Rich


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Barbara Rea wrote:

Washington University in St. Louis and the Eric P. Newman Numismatic Education Society (EPNNES) have announced plans to create the Newman Numismatic Portal, an online research tool that will become the ultimate go-to resource for the study of coins and currency. A commitment of $2 million from EPNNES will support the project.  More information is at this link:   https://news.wustl.edu/news/Pages/27786.aspx

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Brad Karoleff wrote:

The latest issue of the John Reich Journal has gone out and anyone not receiving their issue by Christmas should contact me at bkaroleff@yahoo.com

Also, dues for next year are requested.  There is a renewal form in with the journals.  Please fill it out and return it to Steve Crain at PO Box 1680 Windham ME 04062 (with checks payable to JRCS or John Reich Collectors Society).  Please put your membership number on the form, it is on the mailing label following your name.

The bust dollar census will be the next one published by the society in the Spring issue.  Dollar collectors should send their information to Dave Perkins.  The announcement is in the editor's notes in this issue of the JR Journal.

There will be a JRCS meeting at the upcoming FUN show.  Anyone attending the show is encouraged to come share some time with us.

Happy Holidays,
Brad Karoleff
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Garrett Ziss wrote:

I would like to make a correction to one of the quiz answers published in the most recent John Reich Journal (Vol. 24/ Iss. 3).

The answer to question #4 under the dollar section, states that Jules Reiver owned 93/98  Draped Bust dollar die marriages. First of all, after discussions the last few days with Early Dollar Specialist and Dollar Census Keeper, W. David Perkins, it was clarified that Mr. Reiver owned 97 of the 98 Draped Bust dollar die marriages known at that time. A few of his dollars were sold right around the time of his death and they were not captured in my answer. He only lacked 1796 B-3 BB-62, which he believed did not exist. Secondly, I would like to clarify that a new dollar die marriage, 1803 B-8 BB-257, was discovered since the quiz was written, which brings the total number of Draped Bust Dollar die marriages to 99. It was certainly amazing that Jules Reiver had such a complete Draped Bust dollar collection considering all the other coin series he collected.

Garrett
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We also have two replies to Jim Matthews concerning Jim's counterfeit 1796 dime:

Keith Davignon wrote:

A reply to Jim Matthews on the bogus 1796 dime: Jim, have you tried a magnet on the coin? If magnetic, it is most surely a modern Chinese counterfeit. If not magnetic, it may still be modern, but I don’t know of any magnetic (iron alloy) contemporary fakes.

Keith Davignon
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Paul Kluth wrote:

Jim Matthews' request in last week's JR Newsletter for more information concerning his counterfeit 1796 Dime raises some good questions regarding 'contemporary' counterfeits in general across all U.S. series and denominations (in my opinion).  Even though counterfeit coins over the past 200 years are for the most part, both a mystery as to origin and complexity as to manufacturer, it would be helpful for numismatists to have a checklist of sorts that helps to identify whether a fake is of modern origin (and modern Chinese origin) or of contemporary origin that collectors are interested in.

Most of us probably go by visual feel, past knowledge of older known counterfeits, obvious weight, specific gravity/metal  content and the good 'ole ring on a hard surface, but the Chinese fakes out there are so good that it is hard to tell how old the coins really are.  [There must be a 'fake coin cartel' out there ruining the hobby for all.]

Anyway, for the next Whitman Baltimore Show, I'll plan to bring some interesting counterfeits from my own collection across the Bust, Liberty Seated and Barber series to share with Jim and others if interested.  Maybe we could come to an informal consensus on the topic of fakes difficult to determine age (modern vs. contemporary)?

Just an idea...

Paul Kluth
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Sunday, December 14, 2014

JR Newsletter: 14 December 2014 (219)



We are fortunate to have two interesting contributions this week.  The first is from Dave Lange:

By now you'll almost certainly know of the newly discovered 1803 dollar variety. I had a chance to examine this coin a few weeks ago, but I didn't say anything about it until ICG had a chance to make its announcement as the discoverers. Below are my own observations that I posted today on the NGC message board:

This week's issue of Coin World includes the announcement of a new die marriage for the 1803 silver dollar. It pairs Reverse B, previously known for one variety of 1803 (BB-255) and a few others dated 1801-02 with a previously unknown obverse die. This new die marriage has been labeled BB-257 by Mark Borckardt, co-author of the Bowers-Borckardt silver dollar encyclopedia. By extension, the equivalent Bolender number would be B-7, as this is the seventh die marriage for 1803.

The discovery was made by Randy Campbell of ICG, and the coin was then shown to me by Skip Fazzari of that company for my examination. I concurred with the conclusion already reached by Mark Borckardt that the obverse die is new to the hobby.

An observation of my own is that the die state of the reverse is identical to that of BB-255, so these die marriages were clearly struck one right after the other. Since the BB-257 marriage is so rare as to have escaped detection until now, that leads me to conclude that this marriage was the last one used for 1803 dollars. Coins of that date were struck into early 1804, until a presidential order terminated their production, along with that of gold eagles. It's very likely that coining with the BB-257 marriage had only just begun when the halt order was received. How many were actually produced with this previously unknown obverse is anyone's guess, but the number had to be very small.
 

Regards,
Dave

David W. Lange
Research Director
Numismatic Guaranty Corporation
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Jim Matthews wrote:

Here's a picture of a bit of a conundrum I'm working on. I have a 1796 dime that is a counterfeit. What I'd like to know is just when was this thing made? I'd love it to be a circulated example of a contemporary counterfeit, but I'm afraid it might be of later origin. The second possibility would be an early counterfeit to fool collectors. Given the somewhat primitive nature of the designs and lettering, this is a counterfeit that wouldn't fool many collectors. The third and worst outcome is that this is some kind of early generation of the Chinese counterfeits which are flooding our shores.

The best way to figure this out, is by finding out just what the alloy is that was used to create this coin. I don't have the machinery necessary but will endeavor to get this done soon and write a follow up report.

I'd like to hear other numismatists take on this early counterfeit and if anyone else has seen a similar 1796 dime out there.

These picture is by Bill Noyes.

Jim Matthews