Sunday, December 4, 2016

JR Newsletter: 4 December 2016 (322)




We have a number of contributions this week.  First, a question concerning half dollars. 

Rick Beale wrote:

Is there an updated list of Overton numbers versus their rarities?

For instance: 1807 O-101 r.1, O-102 r.2, O-103 r.3, etc.

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Brad Karoleff wrote:

The next issue of the John Reich Journal is being mailed this weekend to the membership.  This is the last issue for Volume 26.  You will find a dues notice in the envelope, please send your renewal check to JRCS Secretary Steve Crain in a timely manner.  Life members and members who have prepaid dues need not send any more money, but the Jules Reiver Literary Award ballot is on the reverse side of the dues notice.  Please vote for your favorite article from the last year.  The winner will be announced at the ANA meeting next year in Denver.

There is also another ballot in your envelope.  We are asking the membership to decide whether we should allow the Newman Numismatic Portal to digitize our journal for their research website.  We would reserve issues for two years before they would be included in the database to retain benefits to the membership.  This is a Yes/No vote with a simple majority ruling.  Please take the time to vote on this important issue and return it to Steve Crain with your dues check and Reiver ballot.

There was some discussion on this matter at the last two ANA meetings of the society.  It was decided by the board that a general vote was the best answer rather than allowing the members at the meeting to be the only voices heard.

There are, of course, pros and cons to the situation.  I would hope members on each side of the issue would post their thoughts here so undecided members can have some reference before they vote.  A couple of the issues raised include the ever expanding use of online research, especially by the younger generation of collectors.  It would be good exposure for the club to be included in the program.  Many of the other specialty clubs have already allowed their journals to be digitized.  The main argument against the issue is that it may devalue the resale value of the old journals.  The last couple of sets that sold are now fairly shy of the $500 mark, I think we have reached a "basal value" for the set.  Also, most of us are not really banking on the value of our libraries to fund our retirement accounts.

I am in favor of letting the Newman Portal digitize The John Reich Journal for use on their website.  How about you?

Happy Holidays to all and hope to see you at the FUN show in January.  Remember, we will have a meeting there including an educational presentation.

Brad Karoleff
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From David Perkins:

Early Dollars at the FUN Convention in Ft. Lauderdale, January 5-7, 2017

The December 2016 issue of Coin World reported that Bruce Morelan’s PCGS Registry Set of United States Silver Dollars 1794-1803 will be on display at the 2017 FUN Show in Ft. Lauderdale Thursday through early Saturday afternoon, January 5-7th.   This Registry Date and Major Type Set consists of 12 early dollars graded PCGS MS64 to Specimen 66 and will be displayed at the PCGS Table at FUN.  I’ve seen a number of these Dollars in the past, but never all 12 at one time.

The 1794 Dollar grades PCGS Specimen 66, and is the only 1794 Dollar known today with a silver plug center.  It is one of only six 1794 Dollars known in Mint State.

The 1795 Draped Bust, Small Eagle Dollar in PCGS MS66 is ex. Eliasberg where it was raw and graded MS-67, prooflike when it was first sold at public auction in April 1997.  Its pedigree can be traced to the June 25-29, 1912 Henry Chapman George H. Earle Sale.

These are only two of the highlights of this spectacular early dollar collection!  There are 10 more exceptional early dollars in the set, with pedigrees to match.  Here is the link to this set on the PCGS Registry:  http://www.pcgs.com/SetRegistry/alltimeset.aspx?s=87430

I will have six cases of early U.S. silver and other coins for sale at FUN, including approximately 45 early dollars in grades VF-Mint State, with most in XF-AU grades.  All are graded by PCGS.  Many of these dollars are the condition census to finest known for the die marriage, and many are plate coins in the second edition of the Bowers book on early dollars.  These silver dollars can also be seen on my website (website address below).

Heritage Auctions will be offering for sale at auction the Childs-Miller 1794 Flowing Hair Dollar in PCGS XF40.  This is a very original 1794 Dollar.  A preview of this lot is available online at Heritage Auctions:


Hope to see you at FUN!

W. David Perkins
Centennial, CO


(Editor's Note:  Perkins also provided a PCGS photo of this week's "headline coin" (1796 dollar that will be part of the display at FUN)
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Finally, from Ron Guth:

In response to prompting by Glenn Marx, Bust Quarter collector extraordinaire, the PCGS Set Registry has created two new variety sets in the Capped Bust Quarter series:



We have also removed the enigmatic 1818 "B-11" variety from all sets, thus making it possible for collectors to complete a variety set by Browning numbers.  If an 1818 B-11 ever shows up or is confirmed, we will add it back in.


Ron Guth
President
PCGS CoinFacts - the Internet Encyclopedia of U.S. Coins

Sunday, November 27, 2016

JR Newsletter: 27 November 2016 (321)

We received no new contributions for this week's newsletter.

Sunday, November 20, 2016

JR Newsletter: 20 November 2016 (320)





We have two contributions this week.  First, Winston Zack provided a follow-up from an inquiry he made previously:

I just want to say we have some awesome people in the JRCS. Our members (you know who you are) go above and beyond in answering questions, especially my question last week on castaing machine technology and edge lettering of CBHs - what an obscure topic! I greatly appreciate the 5-7 responses I received, and I hope some of those responses are included in a future JR Newsletter.

Again, thank you all.

Winston
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Also, David Perkins wrote:

We are working on publishing and mailing the next issue of the John Reich Journal.  It should be mailed in the next 2-4 weeks.

If anyone is in contact with JRCS Member Eric Krauss please have him contact me, or forward his e-mail address to me.  I need his current mailing address for the JRCS Data Base.  I can be contacted at wdperki(at)attglobal.net, or 303-902-5366.

Thanks.

W. David Perkins, Treasurer JRCS
Centennial, CO

Sunday, November 13, 2016

JR Newsletter: 13 November 2016 (319)






This week's sole contribution comes from Winston Zack:

I would like to know if anyone here has worked [extensively] with a castaing machine, and/or has compared the edge lettering of the same variety of CBHs and noticed differences in letter alignment - specifically the spacing between OR and HALF.

Specifically, I would like to know how consistently edge lettering was applied to CBHs. And whether there was often/sometimes gaps between the two halves of the edge dies.

These questions arise because as I'm studying the edges of counterfeit CBHs of the same variety I'm noticing definite differences in spacing between the two halves of the edge dies, and I want to know if these differences relate to the counterfeiters presumably more crude castaing equipment or if this is just the natural results of castaing equipment in general.

Feel free to email me separately (stoneman101(at)gmail.com) and/or reply here.

Thanks,
Winston

Sunday, November 6, 2016

JR Newsletter: 6 November 2016 (318)







All of this week's contributions come from participants in the just-ended Baltimore show.  First, we received this from Glenn Peterson:

     I was pleased to represent our club  in chairing a regional meeting of John Reich Collector Society in Baltimore on Friday, November 4th. We had the largest-ever turnout for a regional meeting with 25 people. Among the attendees were  many advanced collectors of bust coins, a number of collectors of other series of coins and several guests just learning about JRCS. 

     We had a discussion about the bust quarter census to be published in the next journal. I highlighted the great increase in participation since the last census of April 2014. The total number of coins reported rose from 1,495 to 1,973.  Several advanced collectors joined the census with some astonishing coins from the Pogue and Gardner collections. I was pleased to show photos of some of these remarkable coins. We also discussed bust coin errors and several members displayed double struck, off-center and clipped planchet quarters. I was pleased to have an enthusiastic conversation about these coins. A fun time for all!

  Glenn Peterson
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We also received a report from David Perkins:

JRCS Meeting at the Whitman Baltimore Convention

The JRCS meeting at the Whitman Baltimore coin show this past week was a good one.  If my count was right, there were 27 people in attendance, the most ever I believe for a Regional Meeting by a large margin.  Five of the 27 were guests (non-members).  Those in attendance had a wide variety of collecting interests, mostly but not exclusively the early United States silver coinage.

Dr. Glenn Peterson hosted the Baltimore JRCS meeting.  The topic was the early quarters of the United States and the upcoming JRCS Quarter Census that will be published in the next issue of the Journal.  Dr. Peterson started with a series of slides with photos of some very beautiful, rare, and high grade early quarters that are “new to the Census” in 2016.  He then talked about the upcoming Quarter Census, followed by another slide show (with old fashioned real slides!) of early silver error coins of different denominations.  There were many good questions and discussion points throughout.

After the meeting adjourned, members and guests shared coins they had brought for show and tell.  One highlight was a beautiful and recently completed date set (1796-1837) of early dimes, put together over 20 years “on a modest budget.”  All of the dimes were graded by PCGS, with grades ranging from VF to AU.  Five of the dimes were from the Gorman Capped Bust Dime Reference Collection sale which was sold in two parts in 2016 by this author.

 On my way back to my table after the meeting I saw an old fashioned pile of circulated Capped Bust Half Dimes for sale at Jim Matthews' table.  This was fun to see!  I’m not sure what that coin is on Jim’s business card though….

Overall, the Baltimore show was a very good one, with many serious collectors and dealers in attendance.

W. David Perkins, Numismatist
Centennial, CO




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Finally, we received the following from the aforementioned Jim Matthews:

The Baltimore Show was frankly more active than I had anticipated. After months of wearisome election battles and relentless revelations, it was nice to set that part of our lives aside and focus on buying and selling coins! The usual suspects were in attendance at the show, and everyone seemed to have a good time--collectors were generally able to secure desired pieces for their collections from the numerous dealers at the show.

One unexpected surprise was Winston Zack appearing at the show from far away San Diego, California! He shared numerous examples of contemporary counterfeit coins that are being used for his huge research project of documenting and writing a two (or more) volume book on these historic and often overlooked pieces of our numismatic history. Some of the Seated coins--struck from hand cut dies created by now forgotten counterfeiters, were so comical in their crudity that I burst out laughing. Examining these folk art pieces captures so much of the American ingenuity spirit--that prior generations of people actually took the time to stamp out their own money with small common tools and whatever know-how and ability they had. These mom and pop enterprises continue all through our history, from the earliest colonial coins through our current coinage--one need look no further than the 1944 "Henning" Jefferson nickels, created and stamped out in a certain Mr. Henning's basement to be used to pay the hated toll on the New Jersey Turnpike! Some of these counterfeiting operations were huge factories which churned out countless examples of these counterfeit coins. This is an area of research that simply has been overlooked for far too long, with the exception being the superlative work by Keith Davignon on Contemporary Counterfeit Capped Bust Half Dollars. Needless to say many numismatists have long awaited such a book documenting these fascinating coins.

All in all, Baltimore once again put on a great show for dealers and collectors, and everyone I talked with seemed to have their modest expectations well exceeded.

Jim Matthews

Sunday, October 30, 2016

JR Newsletter: 30 October 2016 (317)



David Perkins wrote with this week's only contribution:

First of all, I very much enjoyed Rick Andrews' contribution and photos to last week’s issue of the JR Newsletter.  Like many JRCS members, collectors, and students of early silver, I love late die states and cuds! 
 
I will again have Table 818 at next week’s Whitman Baltimore Convention, where I will be setting up with Gerry Fortin.  Together we will have 12 cases of better quality Flowing Hair, Draped Bust, Capped Bust, Seated and other coins for sale. 
 
Included in my cases are a number of better Draped and Capped Bust Dimes, over a dozen new Capped Bust Half Dollars (including 13 CBHs in AU grades), and over 50 early dollars.  I will also have a fair number of half dimes and early quarters.  Gerry picked up an exceptional 1802/1 Silver Dollar in PCGS AU55 CAC at last week’s Denver Coin Show, and should have an awesome 1839 Liberty Seated Dime struck from a shattered die.  Even if you don’t collect Seated coins you will enjoy seeing and studying this neat late die state example.  Most of these coins can been seen on our websites. Our website addresses are listed below.
 
Lastly, a reminder that JRCS members and guests are invited to attend the JRCS meeting and club program while at Baltimore.  The meeting is scheduled from 4:30 to 5:30pm in Room 301.  Dr. Glenn Peterson will be giving a talk on the early Quarters and the upcoming Quarter Census to be published in the John Reich Journal.  Hope to see you there, and if you can please try to bring a coin or two to share with the members!
 
Please stop by to see us and say hello at Table 818 in Baltimore! 
 
W. David Perkins, Numismatist
Centennial, CO
 
 

Sunday, October 23, 2016

JR Newsletter: 23 October 2016 (316)





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.

Rick Andrews






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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.

Thanks,
Brad
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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

Phone: 856-627-6865
Email: choochoopete(at)comcast.net