Sunday, May 27, 2012

JR Newsletter: 27 May 2012 (90)

We had a few responses to Rick Beale's question about complete sets of Capped Bust Dimes.

Charlie Horning wrote:
 
According to the latest JRCS Bust Dime census compiled by David Quint and published in Dec. 2011, there were 6 collections that were "complete" with all 122 varieties and 5 collections that had 121 varieties.  I do not know if the owners of the two 1827 JR-14's have otherwise complete collections.

You can also contact jrnewsletter (at) jrcs.org to obtain back issues -- the last dime census was Vol. 21/Issue 3 Dec. 2011.  Those interested in joining JRCS to ensure they get all of the latest census information should visit http://www.jrcs.org/membership.html
 
Hope this helps,
Charlie Horning
 
And David Quint wrote:
 
In response to Rick Beale's question on whether anybody has a complete set of all 123 capped bust dime varieties...

The last dime census was completed late last year, and the 6 collectors with 122 varieties were all missing the 1827 JR-14. Of course, it is possible that there is a collector out there who does not participate in the census, and it is possible that one of the two known 1827 JR-14's changed hands in the meantime.

David Quint
 
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Brad DePew wrote:
 
 Recently, I have renewed my interest in the Bust series. I had been buying coins that could be sold as bullion in case we start to have the rough times that some are predicting.  But, I am getting the feeling that our correction is going to grind out over time and I don't really want to end up with a bunch of common date coins in lower grades. Hence, the change back to Bust series and varieties. 

I have about 120 varieties in the halves, but all are not attributed yet.  And my dime set needs a good inspection.  Many were purchased without attributing first because the price was right and the grade was adequate.  I put a priority on dimes before other coins because I think I can get closer to completing that set than the halves.  And then I fill in with other coins and series as time permits.  Quarters are too high for me right now.  I have a partial year set which will have to do for a while.

Your post about the 1827 JR-14 was both exciting and discouraging.  It is exciting because all those times that I couldn't identify a coin, I may have been attributing a new variety since there is still new stuff out there. The fact that it happened on every other coin I bought may nullify this possibility. And, it is discouraging in that there is another coin I need but won't be getting. End result is that I am back. And Bust coins are on the top of my list. Thanks for the push.

Brad
 

Sunday, May 20, 2012

JR Newsletter: 20 May 2012 (89)

One contribution this week.  Rick Beale inquired:
 
Question : 
How many people have assembled a complete set of all die marriages of Capped Bust Dimes?
 
I know that the recent discovery of 1827 JR-14 (population 2) means that NOWDAYS only two can have a complete set at any time, but before that coin was found there were no R-8s in the series. So it's possible some folks had what was deemed a complete set at the time.

Sunday, May 13, 2012

JR Newsletter: 13 May 2012 (88)


Tom Little wrote in response to Winston Zack:

Yes, Mr. Zack you are right on that--I gave this caveat with my comments--"There are going to be many coins XF and under that are uncertified".  If I have gotten many Bust coins certified as a small dealer, I can just imagine how many uncertifieds are out there.

Some Bust dimes I have run at auctions that I bought raw and that graded AU55, referenced in this thread on the PCGS forums:  http://forums.collectors.com/messageview.cfm?catid=26&threadid=855345

Hopefully there are experts at statistics as well as long-term coin dealers who could give you information for your research.

Regards, Tom
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 A Note from the Editor:  If you went to the ANA Spring Show in Denver, we would like to hear from you.  Tell us about any stories, impressions, sales, purchases, trades or other items involving bust coinage!

Sunday, May 6, 2012

JR Newsletter: 6 May 2012 (87)

Winston Zack wrote:
 
In response to Tom's comment about using pop reports to determine "Grade Population of Bust Coins"
 
It is completely unreasonable to analyze TPG pop reports for this analysis given that in general people submit coins when it is economical.  Therefore TPG data is skewed towards representing a greater than normal proportion of higher grade coins and underrepresents lower graded coins.  On top of this, many times coins are resubmitted which artificially raises the population.  And on other occasions collectors just do not submit their coins to the TPG's.
 
To conduct this study as accurately as possible I need feedback from experienced collectors from a variety of series between Half-Dimes to Dollars.  Thus far I have not received many responses; just 3 responses so far in different series.  I would like at least 5 responses from 13 series (as listed below), in the following designated grades.
 
I know many of you can provide a rough approximation of % survivorship for different grades from 1 or more series.
Please send the responses to me (Winston) at: stoneman101 (at) gmail.com
Thanks
 
Grade Categories:MS = x%
AU = x%
EF = x%
VF = x%
F = x%
VG = x%
G (and lower) = x%


Here are the Series:FH Half-Dimes (1794-1795)
Draped Bust Half-Dimes (1796-1805)
Capped Bust Half Dimes (1829-1837)

Draped Bust Dimes (1796-1807)
Capped Bust Dimes (1809-1837) (1 response)

Draped Bust Quarters (1796-1807)
Capped Bust Quarters (1815-1828) (1 response)
Capped Bust Quarters (1831-1838) (1 response)

FH Half-Dollars (1794-1795)
Draped Bust Half Dollars (1796-1807)
Capped Bust Half-Dollars (1807-1836)

FH Dollars (1794-1795)
Draped Bust Dollars (1795-1803)

Sunday, April 29, 2012

JR Newsletter: 29 April 2012 (86)

A reminder about the die marriages to bring with you for study at the EAC-JRCS "Happenings" next week:

Half Dime 1833 LM3
Dime 1834 JR2
Quarter 1818 B6
Half Dollars 1812 O107, and 1818 O115

------

Tom Little wrote:

 Thanks for the periodic updates here.

I have the Bust quarter that I mentioned before, it is now being graded at NGC:
1825/4      ""L"" STAMP      B-3      25C

It seems the "Browning 3" is rarer than the "Browning 2"--25/3--for the counterstamped coins.  Not much information on this variety except in your old periodicals.

Also, in response to Winston Zack:  To do an accurate population analysis regarding this query I would consult the ANACS, PCGS and NGC populations.  NGC lists 5185 Bust quarters certified with specific breakdowns.  There are going to be many coins XF and under that are uncertified.  I have bought and sold quite a few in the last few months. NGC lists the following breakdown from "poor" to "MS67" with 159 being the number on the low end and 9 the number of MS67s:

Total     25C        MS        5185    159    207    309    341    765    291    441    204    185    380    579    18    127    269    307    412    120    62    9

Regards, Tom

Sunday, April 22, 2012

JR Newsletter: 22 April 2012 (85)

Winston Zach wrote:

Hello JR Newsletter community,
 
I would like to poll your expert insight on your estimation of the percent distribution of grade survivorship (MS through Good (or lower)) for various Bust series (Half-Dime to Dollar) as listed below.  That is to say, for example, you think that of the entire population of Draped Bust Quarters, 15% survive in VF, 10% in EF, 5% in AU, etc.  *Please do not disregard damaged specimens in your estimates.
 
**Please list an approximate percent for EACH of the seven "Grade Categories"
 
I plan to write an article publishing these results in an upcoming JR Journal.  All submissions in the publication will be treated anonymously, and I would like to keep your submission estimates private as well.  If you would please email me your estimates I would greatly appreciate it:  stoneman101 (at) gmail.com .
 
Please give this some serious thought.  I plan to take submissions for the next month, or until I have an adequate sample (5 or more submissions) from each of the 13 series.
 
 
Grade Categories
MS = x%
AU = x%
EF = x%
VF = x%
F = x%
VG = x%
G (and lower) = x%
 
 
Here are the Series:
FH Half-Dimes (1794-1795)
Draped Bust Half-Dimes (1796-1805)
Capped Bust Half Dimes (1829-1837)
 
Draped Bust Dimes (1796-1807)
Capped Bust Dimes (1809-1837)
 
Draped Bust Quarters (1796-1807)
Capped Bust Quarters (1815-1828)
Capped Bust Quarters (1831-1838)
 
FH Half-Dollars (1794-1795)
Draped Bust Half Dollars (1796-1807)
Capped Bust Half-Dollars (1807-1836)
 
FH Dollars (1794-1795)
Draped Bust Dollars (1795-1803)
 
 
Thanks for taking the time to contribute.
Winston
 
------
 
David Kahn wrote:
 
I just wanted to remind any interested readers that I have both the Dale Heisler and Hall Arnold Bust half dollar collections for sale at fixed prices.  Please log on to my website at www.DavidKahnRareCoins.com and you will find both lists posted there, under Named Collections on the main navigation bar.

Thanks!

Dave

Sunday, April 15, 2012

JR Newsletter: 15 April 2012 (84)


Brad Karoleff wrote:

There was an error in last week's report of die marriages to be studied at the EAC "Happenings" session.  The correct list is below.

Half Dime 1833 LM3
Dime 1834 JR2
Quarter 1818 B6
Half Dollars 1812 O107, and 1818 O115

(Editor's note:  The correction is to the die marriage for the quarters, all others are unchanged)

------

Bill Luebke wrote:

I have a few books of interest to JRCS members for sale on eBay that will close Thursday evening.  Included are a DIME BOOK and a set of Bowers Dollar Encyclopedia.  Also next week Thursday, I will list auction catalogues with a JRCS theme.  My eBay handle is oldchelsea.

(Editor's note:  A link to Bill's auctions is here: http://www.ebay.com/sch/oldchelsea/m.html?_nkw=&_armrs=1&_from=&_ipg=25&_trksid=p3984.m1423.l2654)

Bill Luebke
------
A late addition by Sheridan Downey:

I neglected to send you a separate email concerning the mail bid auction coming up this week at the Central States Show.  I'm sure most of your subscribers know of it; but, just in case, I thought it appropriate to put out a reminder in the JR Newsletter.  The sale is 100% bust halves; 118 lots; a nice mix of higher grade coins and rare die marriages, including an 1825 O.118, one of four known.  The catalogue and terms of sale are available on my web site: www.sheridanscoins.com.  The sale close this coming Friday at 6 PM CDT. 
 
I leave it to you supplement this morning's blurb with the above info.
 
All the best - and special thanks for all the trouble you take to put out the Newsletter.
 
Sheridan