Sunday, February 16, 2020

JR Newsletter: 16 February 2020 (485)





Patrick Bain wrote:

For members who buy Bust coins on eBay here are some report links to a website that sorts coin auctions by watch count.
Basically it lists the most popular auctions in order first.
Each auction on eBay has a watch count which this website uses to sort the results.

An example of how it can help from a while back:
I had seen an 1824 dime in my regular searches but didn't think anything of it and didn't put it on my watch list.
Then it showed on this report and had something like 20 watchers.
So I thought why does this have 20 watchers??  I clicked on it and looked at the reverse and realized it 
was a JR-2 dime variety and much rarer.
These ensure you don't miss any good auctions!
You are seeing what all of eBay says are the most popular Bust coin auctions.

Most Popular Bust Silver Coin Auctions on Ebay 

Bust Half Dimes -->  HalfDimes

Bust Dimes -->  Dimes

Bust Quarters --> Quarters

Bust Half Dollars --> HalfDollars

Bust Dollars -->  Dollars

Sunday, February 9, 2020

JR Newsletter: 9 February 2020 (484)


We had a number of responses to Rick A’s input last week of an odd half dime.

James Rosen wrote:

Rick,
You have probably heard from a number of people that your 1833 half dime is no good.  Star 1 is in a position related to the bust that is not present in any obverse dies of 1833, not even close.  The date numerals look very suspicious in their engraving, especially the 3s. Without going into too much detail about the reverse, the 2nd  S in States is way too far left of the s in Pluribus to match any of the known 33 reverses.  The shape of the letters is not right, especially the last A in America. The position of the 2nd C is wrong, as none of the 1833 reverses have this C touching the stem. I can’t comment about some of the other letters in the coin as the photo is not all that great, but you have enough bad things going on with this coin to make a definitive diagnosis.

Sorry you got burned…but hopefully the seller has a return policy. 

Jim Rosen
JRCS # 1510
--

Alan Bricker wrote:

In response to Rick A.'s post in the February 2nd issue, I can affirm from the pictures that this 1833 half dime is a fairly obvious counterfeit: zero circulation indicators, mushy numerals and letters, non-compliant date punches, and so forth. The reverse resembles Reverse V, which was used only with one die marriage of 1834-dated half dimes. In the November 24th issue of JRNewsletter, I reported on a counterfeit 1832-dated half dime having the same counterfeit reverse paired with a counterfeit obverse not matching any genuine obverse die. The current case is very similar, having a known counterfeit reverse and a non-compliant 1833-dated obverse. This piece is very likely to be significantly underweight, and I conclude that both counterfeits likely originated from one source.

Alan Bricker
--

Randall Snyder wrote:

Definitely a counterfeit half dime. The seller also has an 1835 and 1837 for sale. All 3 share the same diagnostic points.
--

And Rick A wrote back (after corresponding with the seller):

See below for the seller’s response. Yesterday he listed an 1835 & 1837 bust half dime. These two also have the same reverse & condition of the 1833 and also don’t match any known variety!!! The seller is from Newport News, VA. He also sold a 1967 3C silver on Saturday that went for around $200 which I believe was also counterfeit and the “8” is much smaller than usual.

 AM TOTALLY UNSURE OF WHAT YOU ARE SAYING!!! SO I HAVE BEEN IN THE JEWELRY/METALS/COIN BUSINESS FOR 40 YEARS, I HAVE BOUGHT AND SOLD ANYTHING FROM A SIMPLE 1909SVDB LINCOLN, TO A COMPLETE SET OF MORGAN DOLLARS... NEVER BEFORE HAVE I HEARD OF SUCH A THING AS SEEING A PHOTO OF AN ITEM AND THEN DECIDING THAT IT IS A REPLICA AND OR FAKE EXAMPLE... I ALSO KNOW HOW TO CHECK ITEMS WHEN I AM PURCHASING THEM!!! THESE COINS WERE RESEARCHED, MEASURED, WEIGHED, AND INSPECTED FOR DETAILS OF DATES, DATE SIZE, DENOMINATION, AND SIZE OF DENOMINATION MARKS, COMPOSITION, ECT ECT ECT!!! ALL SPECS CAME BACK JUST FINE!!! I ALSO PERSONALLY LOOKED ON HERITAGE AND FOUND SAID SAME EXAMPLES!!! AND I RECOMMEND THAT YOU IN THE FUTURE DO YOUR RESEARCH BEFORE BIDDING!!! I WISH IT WAS THAT EASY TO HAVE AN "EXPERT" ON SPEED DIAL TO CALL AND SOLVE ALL COIN QUESTIONS SO EASILY!!! I AM NOT SURE WHAT I WILL DO IN THIS SITUATION!!! I WILL THINK ON IT, AND GET BACK TO YOU!!! REGARDS ED S!!!
 Rick A.

Sunday, February 2, 2020

JR Newsletter: 2 February 2020 (483)



Rick A wrote:

Can you help identify this variety or know a contact who can? I have basically completed bust dimes by variety and bust halves by Red Book variety and decided to start bust half dimes by Red Book variety. I won this last night on eBay just needing a nice 1833 bust half dime. My local coin dealer is open Tuesday-Saturday and has the Bust Half Dime book on varieties. However looking at pictures of all the 1833 half dimes either in the Jules Reiver Collection and/or on Heritage today to determine the variety I believe this could be a counterfeit!! At first, I thought it might be an LM-1 but the period is large and position of S2 is questionable. The obverse has star 1 near the bust which I cannot find on any 1833 bust half dime!??  It is item 193321083632 from seller “shieler123”. I would appreciate any advice or info you can provide.

Editor adds:  This link takes you to the coin on ebay  Click to see coin on Ebay

Sincerely,

Rick A

Sunday, January 26, 2020

JR Newsletter: 26 January 2020 (482)




Brad Karoleff wrote:

I am looking for submissions to be included in the next issue of The John Reich Journal. If you are working on anything that you would like to see published in our journal please get in touch with me. I look forward to seeing what everyone is up to!  Contact me at bkaroleff(at)yahoo.com 

Thanks 

Brad 
------

David Perkins wrote:

I found this article (click on the images below) and update the other day in a box of Numismatic items I have in my basement.  I often tear out or clip items like this.  But I usually would have tucked something like in my Overton / Parsley book for Capped Bust Half Dollars.  On the other hand, this made it easy to find as it was on the "top of the stack."

I thought it would be a fun item for JR News readers and collectors of the CBHs who hadn't seen this or long ago forgot they had (!).  This article was published in Numismatic News March 6, 2001 after the 3rd Edition of the Overton / Parsley book had been first published in 1990.  I found interesting that these rarity rating changes had been researched and discussed for a decade or so. 

David Finkelstein was listed as the contact "for additional information."  David is still active and busy - he gave the JRCS Meeting presentation at the 2020 FUN show earlier this month (along with Chris Pilliod).

Hope you enjoy this!  

Lastly, I've posted a fair number of new items on my website.  The link is below.

W. David Perkins
Centennial, CO
wdperki(at)attglobal.net





Sunday, January 19, 2020

JR Newsletter: 19 January 2020 (481)



Joseph Lamonte wrote:

This is my first try with a show report.

I arrived in Orlando this year on Tuesday evening. Spent Wednesday morning viewing auction lots.  Took a break at noon and went back to hotel.  Dealer setup started at 2 o’clock and all of the dealers were waiting outside for the doors to open.  I helped a dealer friend set up and turned in some coins at PCGS for grading.  I then visited with a few dealers that were already finished with their setup process.  

Hit the bourse floor just after 8:30 am on Thursday.  Most of the dealers were at their tables by 9. The doors opened to the public at 10 am and the people poured in non stop all day Thursday.  There appeared to be serious buying and selling at every dealers table in the show.  Back to hotel by 5pm.

Friday was the JRCS meeting and then back on the bourse floor to catch a few dealers before the crowd arrived at 10.  Friday morning was also quite busy, maybe slightly less than Thursday.  There was still business being conducted throughout the hall.  Left the show at noon on Friday to start the drive home.

The highlight of the show for me is getting to visit with several dealer and collector friends and of course viewing many fantastic coins.  There were two original 1827/3 Quarters offered for sale and many finest known Draped Bust Dimes to mention just a few.  The FUN show is a great show that all collectors should try to attend.

Joseph Lamonte
------ 


Jim Matthews wrote:

The Winter 2020 FUN show was once again fantastic. Always well organized a pleasure to attend for both dealers and collectors. Most dealers arrive on Tuesday, the day before set up, in order to be ready for the set up rush at 2 pm on Wednesday. After catching up with many friends with the belated Happy New Years greetings, the throngs of dealers file through the doors passed security and begin to get set up. Early birds and dealers were soon circulating around and deals started happening even before most of us got inside the convention center. This show definitely had a good buzz, and dealers and collectors were there to buy coins. The early bird/set up day was even busier than usual, and my table mate Dave Perkins didn't leave the floor until closing time at 8 pm as people kept on coming by. Another late dinner!

Thursday was opening day for the public, and again, dealer set up was at 8 am, and those two hours flew by with people stopping and buying at every table, both dealers and early bird folks. By 10 when the main show opened to the public, it was busy, and stayed busy all day. Some collectors needed to trade coins in for items they wanted, others had capital to spend. The show was filled with coin buyers, not just public observers our business. 

Friday was similar, more dealing and everyone was trying to get around and walk the floor, but it was nearly impossible to get away from the table, someone was always coming by to buy! I had want lists to work on but never got away to do so as I needed to be attending to the selling side of business. The size of the FUN show makes it nearly impossible to get to see everyone, its absolutely immense and would take at least two full days to stop by every table and get more than a glance at what is available. If you couldn't find it at this show, its probably not out there!

Saturday is the day that most dealers pack up and leave, which is always a time of caution for security purposes. From all I heard from dealer and collector friends, the show was great. The auctions at Heritage had more than the usual abundance of great coins, but it always seems the ones I really like go for strong money. Before we all knew it, we were back home and finally getting some rest in the old Lay-Z-Boy chair after a long but productive week on the road.

Jim


Sunday, January 12, 2020

JR Newsletter: 12 January 2020 (480)

No contributions this week.  How about some reports from FUN for next week?

Sunday, January 5, 2020

JR Newsletter: 5 January 2020 (479)

David Perkins wrote:

W. David Perkins Numismatics, James Matthews, and Gerry Fortin Rare Coins will have Tables 535 and 634 at the FUN Show in Orlando next week.  We will have our usual large selection of early U.S. Silver along with some Copper and Gold. 

 I will have 10 Capped Bust Half Dime Sealed Bid Sale Lots from the Stephen Crain Reference Collection available for Lot Viewing at my table (images of two of the coins posted below).  Part I of this sale was held at the 2019 ANA Convention in Rosemount and Part II will be held at the 2020 ANA in Pittsburgh, PA.  If you are unable to attend FUN next week and view the lots you are welcome to have a collector or dealer friend look at them for you.

JRCS Membership Dues payments and Reiver voting forms may be dropped off to me (W. David Perkins, Treasurer) at the FUN Show. 

Please stop by, say hello, and take a look!   Thanks.


www.davidperkinsrarecoins.com
wdperki(at)attglobal.net

W. David Perkins
Centennial, CO