Sunday, November 11, 2018

JR Newsletter: 11 November 2018 (419)



David Finkelstein and Christopher Pilliod gave a presentation at the JRCS General Meeting during the ANA World’s Fair of Money in Philadelphia in August.  The presentation was on the first phase of a multi-phase project to determine the chemical composition of 1794 and 1795 U. S. silver coins.  Part 1 of a multi-part article series was published in the September 23, 2018 John Reich Newsletter (JRN).  Part 2 was published in the October 7, 2018 JRN.  Part 3 was published in the October 21, 2018 JRN.  Part 4 was published in the November 4, 2018 JRN.

The authors would like to thank R. W. Julian for pointing out some inaccuracies in Section 4 of Part 4. As a result, a revised version of Part 4 is being released.  Table 2, and Sections 4 and 6 have been revised.  Note that the conclusions did not change.

Linked here is the revised version of Part 4:


David

Sunday, November 4, 2018

JR Newsletter: 4 November 2018 (418)



This week, we have contributions from David Finkelstein and David Perkins.  First, from David Finkelstein:

David Finkelstein and Christopher Pilliod gave a presentation at the JRCS General Meeting during the ANA World’s Fair of Money in Philadelphia in August.  The presentation was on the first phase of a multi-phase project to determine the chemical composition of 1794 and 1795 U. S. silver coins.  Part 1 of a multi-part article series was published in the September 23, 2018 John Reich Newsletter.  Part 2 was published in the October 7, 2018 John Reich Newsletter.  Part 3 was published in the October 21, 2018 John Reich Newsletter.  Linked here is Part 4:


David
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From David Perkins:

I returned from the Whitman Baltimore coin show a week ago.  Whether you are a collector, dealer, or both, you should enjoy this story. It can be titled, “Wish I was there!”

 A dealer friend of mine from the East Coast knows a collector of U.S. coins based in Europe.  Earlier this year he met the collector in London and was able to look through the collection, mostly stored in 2X2 paper envelopes.  The majority of the coins in this collection were collected and put away in the 1950s and 1960s, before grading and plastic took hold in the marketplace. In the last couple of months, the dealer met with the collector, this time in Germany, and was able to look through his bank box and purchase a second group of coins from the collection.

What is unusual is that this collector liked and collected Capped Bust Half Dollars by die marriage. And he collected them while living in Europe!  I was able to purchase some of these half dollars and a few type coins in Baltimore prior to the start of the Baltimore show.  In this group of CBHs there were some overdates and a number of R-4 and R-5 die marriages and die states by Overton number, “fresh” as we say today, and off the market for decades. 

One of my favorites is the 1814 O-106, R-4+ graded PCGS XF45 but you can argue it should be graded more like AU50+.  It has some die breaks and clashing which you can see in the photo.  Another is an 1822/1 O-102, R-4+, in PCGS XF45.  And while only R-2, a lovely 1817/3 half dollar in PCGS XF45, with the 3 showing prominently under the 7 in the date.  And lastly for those who like late die states, an 1838 Reeded Edge 50C with shattered reverse die in PCGS XF45. 


I shared the 1814 O-106 with Capped Bust Half Dollar collector and specialist Steve Herrman and was rewarded with Steve sharing with me his PCGS AU53 example of O-106a, a much later die state coin with much more clashing and some dramatic die breaks. The description for O-106a in the Overton book reads, 

Rev. F-s2. There are severe die cracks. A break from rim near left wing tip divides into two main branches, the lower beak crosses leaves, top of 50 C. and arrowheads to edge near middle arrowhead.  A small branch from top of C. crosses arrow points to edge above C.  The other main branch crosses shield, right wing and R to edge.  Still another from base of R to top of right wing curves under scroll. 

1814 O-106 is rated R-4+, while the later die state (O-106a, with all the neat die breaks) is R-5.  It was fun to see and compare both examples.

AU53 shown first, then the XF45:




 “Wish I’d been there” pulling these half dollars and other coins out of the envelopes after 50 plus years!  But I did get to see and acquire some of them.

 The Baltimore show seemed a little “quieter” than past shows but was still a pretty good one for me.  And as always, I enjoyed seeing and talking with the many JRCS members in attendance.

New Purchases including all the Capped Bust Half Dollars:  http://www.davidperkinsrarecoins.com/new-purchases.html 
Other new purchases are out for photographs and should be posted over the next week.


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



Sunday, October 28, 2018

JR Newsletter: 28 October 2018 (417)



Tim Janecke wrote:

I thank you for publishing the three parts of the discussions by David Finkelstein and Christopher Pilliod. I heard them speak in Philadelphia. It is such an exciting topic and project. I have printed all three elements sent out. The information is given in a clear, understandable format. Thank you again for your efforts!

Are there any videos that you are aware of with the two authors giving presentations on this subject? 

Tim Janecke (JRCS member) 
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Brad Karoleff wrote:

Here are the latest listings from the Logan Library.

1.  Federal Half Dimes 1792-1837 by Logan and McCloskey.  A mint copy of the reference copy for collecting the half dimes.  $100.

2.  The Art and Craft of Coinmaking, A History of Minting Technology by Denis R Cooper.  This is a MUST addition to any serious collectors library who is interested in the minting processes from ancient to modern times.  Cooper has written the BEST tome on the subject to date.  Tipped in is some price research on the book, a copy of the Bolender to BB conversion table for Bust Dollars and his original sales receipt from Charles Davis for the book ($45!).  This book has appreciated more than many coins!  $400.

3.  Akers catalogs of the John Jay Pittman Collection in 3 parts. Parts one and two are Russ' auction room copies with his notes and partially named buyers.  PR are included for all three sales, the third sale being mint condition.  Included are also a set of transparencies used by Russ to determine the error striking of a coin.  $250.

4.  1929 original and 1964 Beebe reprint of A Register of Half Dollar Die Varieties and Sub-Varieties by M. L. Beistle.  The reprint is virtually mint while the 1929 is ex: Wm. W. Harrison with bookplate and extensive notations for his collection, Included is Harrison's attempt to devise a quick finder for the marriages. $50.

5.  The Complete Guide to Liberty Seated Half Dimes by Al Blythe. A near mint copy of this valuable reference signed by the author to Russ in 1992.  $75.

6.  The Complete Guide to Liberty Seated Dimes by Brian Greer. A near mint copy of this valuable reference signed by the author to Russ in 1992.  $75.

7.  The Comprehensive Encyclopedia of United States Liberty Seated Quarters by Larry Briggs.  A near mint copy of this valuable reference signed by the author to Russ in 1992. Included is the original sales receipt from Larry.  $125.

8.  The Complete Guide to Liberty Seated Half Dollars by Randy Wiley and Bill Bugert.  A near mint copy of this valuable reference signed by both authors.  There is also a sales circular included from the pre press ordering period offering a $2.95 discount.  Russ obviously sent in the full amount because there is a refund check from Randall Wiley for the discount which Russ never cashed!  This is a very scarce and in demand book.  $400.

9.  Contemporary Counterfeit Capped Bust Half Dollars by Keith Davignon, first edition limited leather bound edition by Money Tree Press. Numbered 13/25 on the bookplate autographed by Davignon with an additional note to Russ; "To Russ: Happy Hunting!  The original invoice from Sheridan Downey is included showing Russ paid the pre-publication price of $125.  An additional photograph is included.  $150.

10.  The Ultimate Guide to Attributing Bust Half Dollars by Glenn R. Peterson, MD.  This is a mint condition copy of Glenn's first edition of the attributing guide. $85.

As usual please add postage to these prices.  First email for each title to bkaroleff(at)yahoo.com purchases the lot. Your choice of Library Rate or Priority postage.  

Thanks.

Brad Karoleff

Sunday, October 21, 2018

JR Newsletter: 21 October 2018 (416)



David Finkelstein provided us with an original contribution:

David Finkelstein and Christopher Pilliod gave a presentation at the JRCS General Meeting during the ANA World’s Fair of Money in Philadelphia in August.  The presentation was on the first phase of a multi-phase project to determine the chemical composition of 1794 and 1795 U. S. silver coins.  Part 1 of a multi-part article series was published in the September 23, 2018 John Reich Newsletter.  Part 2 was published in the October 7, 2018 John Reich Newsletter.  Linked here is Part 3.


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Greg Cohen wrote with a press release concerning the Legend Rare Coin 2019 auction calendar, linked here:

Sunday, October 14, 2018

JR Newsletter: 14 October 2018 (415)

We received no contributions for this week's Newsletter.

Sunday, October 7, 2018

JR Newsletter: 7 October 2018 (414)



David Finkelstein wrote:

David Finkelstein and Christopher Pilliod gave a presentation at the JRCS General Meeting during the ANA World’s Fair of Money in Philadelphia in August.  The presentation was on the first phase of a multi-phase project to determine the chemical composition of 1794 and 1795 US silver coins.  Part 1 of a multi-part article series was published in the September 23, 2018 JR Newsletter.  Here is Part 2:  


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Jim Matthews wrote:  

A few weeks ago I had the opportunity and challenge to examine over 200 Capped Bust dimes and half dimes from a group that was purchased by a dealer friend as "culls," coins which are not generally holed and usually have dates but also show either damage or rather extensive wear; as such, these are considered less numismatically desirable than examples with less wear and no damage. This treasure trove of likely unsearched Capped Bust coinage is one I would consider to be an opportunity for enjoyment and a window into the history of our coinage, rather than a scourge of trouble to be avoided. I searched the entire group for a few favorite die varieties and came up with a half dozen coins of interest to me that I purchased for a modest price. I found two examples of the fairly common 1833 JR-4 dime with the reverse die retained cud, condition challenged but identifiable at a glance. Another fun coin in this group that caught my attention was an 1831 JR-5 with a very late, retained or possibly full cud at UNI which would perhaps earn a grade of AG-3 but more likely Fair-2 given the prodigious wear on the surfaces. The cud stood tall and protected the left side of the reverse from the decades of wear and use in circulation, as one might expect, while the right side suffered greatly from extensive wear. The most interesting rarity of the group was a Fair-2 example of the rare 1820 JR-12 variety, which is off to PCGS for confirmation to see if they agree with my leap of faith attribution on such a worn coin. I did not find a much-desired example of either the 1827 JR-10 or JR-14 variety, despite several 1827 dimes included in the group. Some of the coins showed little more than the central shield on the reverse due to wear, the obverse similar with stars worn away--and were thus not attributable to die marriage. Other 1827s with less wear were of more common die pairings. I also purchased a very worn 1824/2 dime as I simply cannot resist that date without problems, even in a Fair-2 grade for the usually seen JR-1 variety of that year. 

One of the most curious though otherwise insignificant coins was a quite worn 1835 dime, which some now forgotten soul inscribed in neat, cursive surface etching in the year 1888 on the obverse as if to shout out the present year is 1888, not 1835! This told me two things. First, this 1835 dime was still in circulation in 1888 and someone thought this unusual enough at the time to inscribe the current year before sending it on its way again into circulation. Oh, the stories that coin could tell from its years of circulation, if only we could listen and see beyond its simple worn designs, with the additional date inscribed some 53 years after its launch into circulation. In the end, I confirmed my belief that the designs and die work of John Reich, launched in 1807 and holding forth in production long after his decade of engraving work at the Philadelphia Mint, continued in the cigar boxes of corner merchant stores throughout our states for many generations. Today's collectors need only to look and examine the worn treasures before them to see their august truths of these coins’ journeys into our current collections.




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Finally, a new opportunity from Brad Karoleff:

Here is the latest offering of books from the Russell Logan Library.

Reduced from last month's listing:

Early US Dimes, was $250, now $200.
Bowers on Commemorative half dollars, was $40, now $35.
Pollock on Patterns, was $50, now $40.
Taraszka on Eagles, was $100, now $85.

New listings:

Liberty Seated Collectors Club Collective Volumes 1-4.  A few Coin World articles tipped in by Russ.  Available new from LSCC for $136.  These slightly used volumes are $100 for the group.

Die Varieties of Early US Coins by Robert P. Hilt, II.  A somewhat controversial work by Mr. Hilt listing his theories on the early mint and their products.  Still a valuable source of information.  Remy Bourne bookplate inside front cover from a Kolbe auction, near mint.  $65.00.

Walter Breen's Encyclopedia of US Half Cents 1793-1857.  EAC membership application included- old address!  This book often comes apart as the binding is not up to the weight of the volume.  This is as mint a used copy as you will find.  $75.

Walter Breen's A Coiners Caviar Encyclopedia of US and Colonial Proof Coins 1722-1977.  Another Breen work in nearly mint condition formerly in the Bourne Library with bookplate from the same Kolbe sale.  $75.

The History of US Coinage As Illustrated by the Garrett Collection by Q. David Bowers.  Another nearly Mint book.  $45.

First United States Mint, It's People and Its Operations by Frank Stewart.  This is the hardbound edition from 1924 with maroon cover.  Some small bumps on the corners but still very nice.  $45.

Two books on pattern coins of the US.  Adams/Woodin 1959 reprint and 6th edition Judd.  Both show wear but are very usable.  The pair for $30.

Second edition of Bolender's work on the Bust Dollars.  The back cover was set on something sticky at one time that removed a few SMALL pieces of the binding.  Otherwise, this is a really nice condition book.  $50.

Two FIRST EDITION ERROR copies of The United States Early Silver Dollars by Jules Reiver.  These very scarce first editions are full of errors and the printing was stopped after a portion of the run was completed.  The copies remaining at Krause were destroyed and a second edition with corrections was prepared.  The corrected edition has second printing on the title page.  These are both in excellent condition.  One is autographed by Jules dated 3/3/1999.  
The unautographed copy is $75.  The autographed copy is $100.

Thanks to everyone who purchased from the first group.  

As before, first email to bkaroleff(at)yahoo.com gets the book.  All prices are plus postage.  Please let me know if you want book rate or flat rate priority mailing when providing your shipping address.

Thanks.

Brad

Sunday, September 30, 2018