Sunday, February 17, 2013

JR Newsletter: 17 February 2013 (128)

Nathan Markowitz wrote:

I concur with Bob Stark and Jim Matthews as to their observation of the absence of edge errors on dollars.  I too have wondered what the numerous design elements may represent.  I wonder if anyone has ever considered Masonic symbolism as a possible explanation?  I am no scholar in this area yet it certainly may fit from a historical perspective.  Any Masonic experts in our club?

Nathan Markowitz

 David Perkins wrote:

JRCS Early Silver Dollar Census

This notice is a reminder that if you have not already sent your JRCS Early Silver Dollar Census information to me it is time to do so now.  We hope to publish the next edition of the John Reich Journal in March 2013.  This issue will feature the Early Dollar Census.  

You can send me your census via e-mail at wdperki (at) .  If you would like to mail it to me, you can send to the JRCS Post Office Box address (inside the front cover of the Journal), or e-mail me and I will give you my address to mail the census to me.  Thanks.

W. David Perkins

Dave Johnson wrote:

Thank you for the newsletter--I have enjoyed it for a long time.  In response to Tom Little's question about the 1829 H10C, it appears to be an LM 15.1, an R4 variety.  A very nice half dime!

Dave Johnson

Richard Meaney offers a slightly different opinion on Tom Little's half dime:

I agree with Dave Johnson that the 1829 half dime is of the LM-15 die marriage.  However, it appears to me that the N in UNITED has a die chip and that there is also a small die chip in the M of AMERICA.  These factors would make it a later remarriage:  1829 LM-15.2.  Some sharp-eyed collectors bid the coin to twice "book price" because of the scarcity of the die marriage (as Dave Johnson pointed out:  R-4) and the scarcity of the remarriage in higher grade.  The latest JRCS census shows an AU-58 as finest reported for this remarriage.  The Logan-McCloskey text states a brilliant uncirculated exampled was sold at Kagin's in 1979, so this would not likely be "finest known" but it sure is up there in condition census.  That coin would have been an upgrade for my collection too, but I did not see it before it ended.  Even if I had, I am sure I would not have won it above its actual closing price.

1 comment:

  1. With regards to the discussion about the reported finest known 1829 h10c LM-15.2 as reported in the Federal H10c Bible by Logan being a " Brilliant Uncirculated was auctioned by Kagin's, 4/79:181." It turns out that this example is the Plate Coin for the Federal H10c book and was Russ Logan's set piece and if one were to look up tis coin in the Bowers & Merena 2002 Russ Logan Collection you will find that this coin was graded AU58 and sold for $391 including the 15% buyer's fee. The question that begs to be asked is what would Logan's coin be graded today since it was raw in 2002.
    I believe there is a ms63 PCGS in an OGH and the one from that is an ms62 NGC. So I think Logan's could very well be one of these since many of the coins that sold in 2002 were undergraded.