Sunday, October 23, 2016
We have a few contributions this week, including the first from Rick Andrews that features some photos.
Rick Andrews wrote:
Wanted to share my recent good fortune and add to Jim Matthews' reference on the retained cuds on 1833 JR-4 dimes. I also have a similar JR-4 with retained cud in an ANACS AU55. In addition I have provided photos of a late die state similar to Reiver's state g that I have.
While not a cud, I obtained a 1814 extremely late die state JR-2 just as described in the "Bust Dime Variety Identification Guide". The photos aren't the best but you can see what I referenced. The obverse is missing star 10 & most of star 11. The reverse has two bulges, one on America blocking 'e to a and the other beginning of United, 'U down thru left side of leaves. This is also similar to the Reiver's 1814 JR-2 listed as NCS, damaged, VF Details. (editor's note: the obverse photo of the 1814 was not recoverable, so just the reverse is provided)
My only addition the last couple of months was an upgrade of a 1823 bust dime from the Gorman collection, but October has turned out to be a great month. Collectors have told me and I have experienced that finding nice coins seems to come in bunches. I found the 1814 last week at the Indiana Numismatics coin show in Indianapolis. Also I bought a nice VF 1831 O-117 R4 from Brad Karoleff. Earlier in the month I obtained a 1823 broken 3 bust half, though only in fine, for my Bust Half Red Book variety set. Now I won from GreatCollections.com an 1833 JR-2 R4+ (oversized dentil below 1) NGC VF30 as an upgrade. I have a JR-2 NGC Fine 12 available if anyone needs one.
I hope others can have a great month and enjoy the experience of finding key or just very nice bust material. Continue to have fun and enjoy the hobby.
From Brad Karoleff:
The next issue of the John Reich Journal is due out soon but I have a problem.
We do not have enough submissions to fill the issue. Do you have anything ready for publication that you can send? The Bust Quarter census will be in this issue, so anything relating to the quarters would be complimentary. Your submission does not have to be on quarters, anything will help.
From Peter Mosiondz, Jr:
I have some coin books that I want to sell.
Coins and Collectors, Q. David Bowers. 1988 Bowers and Merena reprint. 214 pages. SB. New. $5.00
A Guide Book of United States Coins 2017: The Official Red Book, R.S. Yeoman and Kenneth Bressett. 464 pages. Spiral Bound. New. $7.00
Virgil Brand: The Man and His Era, Q. David Bowers. 248 pages. HB. New. $15.00
The History of United States Coinage as Illustrated by the Garrett Collection, Q. David Bowers. 572 pages. HB. New. $20.00
The Early Coins of America, Sylvester S. Crosby. 1983 Quarterman reprint. DJ protected in Brodart Mylar. 378 pages plus appendix and plates. New. $15.00
United States Large Cents 1793-1857, Warren A. Lapp and Herbert A. Silberman. 1975 Quarterman reprint. 647 pages. HB. DJ protected in Brodart Mylar. $10.00
Add $4.00 Media Mail postage.
I will not be available to answer calls or emails on Sunday October 23.
Only one each is available.
Peter Mosiondz, Jr.
26 Cameron Circle
Laurel Springs, NJ 08021-4861
Sunday, October 16, 2016
I will be chairing the JRCS meeting at the Baltimore Whitman show on November 4th at 4:30 pm. We will be in room 301. I will be discussing the Bust Quarter census which will appear in the next journal. Please come and join us for the meeting.
Glenn Peterson MD
Sunday, October 9, 2016
We have a few contributions this week.
First, Ralph Muñoz wrote about the Kolbe and Fanning Book Sale #143:
I just received my catalog in the mail yesterday. Kobe & Fanning Numismatic Booksellers (http://www.numislit.com/) is offering a complete set of the John Reich Journal Vols. 1-24 (Whole Numbers 1-74), plus the first two issues of Vol. 25 including the index volumes after Vols. 10 and 20. Estimate $500.
Plus there are other interesting books for those members looking to add some hard to get reference materials to their libraries.
Winston Zack inquired:
Will the JRCS have a meeting and/or educational presentation at the Baltimore show next month?
Pete Mosiondz, Jr. wrote:
I was pleased to obtain a very nice coin recently and would like to share some thoughts with our friends.
More often than not when I look at an encapsulated coin I say to myself, “How did they arrive at that determination?” Most of the time I feel that a particular coin is overgraded.
I remember meeting Abe Kosoff many years ago when I was beginning to dabble in coins as a part-time dealer. I asked him for some guidance based on his many years of experience. He was very gracious and spent quite a bit of time with me, more than I could have ever hoped for. The one thing that always stayed in my mind was his strong opinion on grading. This was before he became involved with organizing the American Numismatic Association Certification Service. He told me to always look at a coin objectively and not with rose-colored glasses. He suggested recognizing and evaluating the coin’s negative aspects (detractions and imperfections) then recognizing and evaluating the coin’s positive aspects (strengths). Evaluate the overall eye appeal. Does it look nice or maybe not so nice? Finally, and most importantly, always be conservative in your grading. In other words never “stretch” the grade.
At the time we were using Brown and Dunn or Jim Ruddy’s new Photograde book. Abe was adapting the Sheldon grading system for other coins as well, especially in his auction sales.
I must say that the professional graders who graded the 1823 Capped Bust Half Dollar (image below), that I happily obtained from a dealer friend recently, must have had Abe’s thoughts in mind. I thought to myself, “Why isn’t this an AU coin?” Do you agree, or am I wearing rose-colored glasses? By the way, it is an O-105.
Pete Mosiondz, Jr.
Sunday, October 2, 2016
I finally acquired a nice AU55 example of one of the more common cuds known for my dime collection from the coins sold by W. David Perkins of the Kirk Gorman Collection. The variety I found so challenging is the 1833 JR-4. Actually a low grade example of this variety was one of my first retained cuds purchased. My friend Don Valenziano heard of my budding interest in these late die state coins and showed me this fabulous example with the reverse die broken and moving in three connecting pieces from the E in UNITED down to the scroll and all along the upper portion of that side to the first A in AMERICA. Despite the wear, this is still one of the latest examples I've seen with the initial retained cud from the left side to the edge of A in STATES, another crack down through the E of that word, and the final crack splitting the first A of AMERICA, all these cracks connect to the scroll from the rim above.
Over the decades I've acquired about 30 examples in varying states of decay of the 1833 JR-4 with a retained cud. I've since sold back a few into the market place. I began to think myself somewhat obsessed with studying the varying die states of this variety, but then encountered other collectors who had acquired extensive hoards with similar penchants for certain dates or varieties, and realized its all part of the scholarship of this hobby and not so much a question of my sanity.
Over the past few years I've been working on getting my Capped Bust dimes graded by PCGS, it's a laborious process as many coins simply aren't worth the cost of grading, so those remain in their natural raw state. Others I've sent in for this process. One of these was my 1833 JR-4 with a retained cud (actually a fairly early example of this cud) from the Russell J. Logan Collection which graded XF40, a nice grade for that coin. I also had another decent example with the retained cud that came back VF30 from PCGS that I'm going to sell. So at long last I have a solid AU55 example to represent this seemingly common cud in my collection.
Sunday, September 25, 2016
This week, we have a contribution from Mike McDaniel and another Monterey Bay, CA JRCS member:
"It is with sincere sadness that we inform you of the recent passing of fellow JRCS member Al Wood. After retirement from his job in the aerospace industry in the Silicon Valley in 2015, Al opened "Al's Coins" in Scotts Valley, CA. Al will be fondly remembered for his friendliness, honesty, sense of humor, and love of numismatics, especially Capped Bust Half Dollars. Rest in Peace, Al."