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Shield Nickel Assistance

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 17 / Views: 2,560Next Topic Page 2 of 2
Valued Member
United States
359 Posts
 Posted 12/30/2012  11:41 am  Show Profile   Bookmark this reply Add ngs428 to your friends list
dsfreeworld - My budget is more around the range of what this coin would sell at, somewhere in the $60 range. I am looking for a common type (1867, 1868, 1869, 1882, 1883) in the EF-40 range from a reputable dealer.

babysitr - sounds like an accurate grade. Are you saying these are hard to grade because of the typical soft strikes?

Thanks for the input so far. Looking forward to more!
Pillar of the Community
United States
3546 Posts
 Posted 12/30/2012  12:33 pm  Show Profile   Bookmark this reply Add mdpmedia to your friends list
Hello,


Quote:
I'll go XF-40




mdpmedia
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United States
1339 Posts
 Posted 12/30/2012  2:57 pm  Show Profile   Bookmark this reply Add babysitr to your friends list
Yes I am!!...They must have used the dies forever because most of mine have average strikes at best, and a couple are covered with die cracks...I like that though! I have one rare one (1873 closed 3) that has a great deal of corrosion...I've seen that a lot also...These are very cool classic coins in design
Pillar of the Community
United States
3546 Posts
 Posted 12/30/2012  4:32 pm  Show Profile   Bookmark this reply Add mdpmedia to your friends list
Hi,

While we are on the subject of Shields I thought the CCF viewers of this thread might enjoy viewing one of my luckiest finds:

https://goccf.com/t/88483&SearchTerms=1881,shield

mdpmedia
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United States
16679 Posts
 Posted 12/30/2012  4:40 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
I don't know a whole lot about the series but it looks nice!
swcoin.ecrater.com
Valued Member
United States
77 Posts
 Posted 12/30/2012  9:33 pm  Show Profile   Bookmark this reply Add linxlvr to your friends list
I agree w/ babysitr, even to the point of cleaning. Looks from the photos to have scuffing in the field on the reverse in particular. Might be just something my old eyes are fooling me with on the photos though.

IF it was cleaned, you should be offered a substantial discount from the standard price for that grade.

I just checked ebay completed sales, shield /no rays, and there was an XF original that sold in the 30 range, and a nice original AU58 ICG that went for 75 ish.

I'm all for supporting a reputable local coin dealer, and after that a local coin show. I am simply using ebay completed sales to give you a price range to think from.
Valued Member
United States
359 Posts
 Posted 01/01/2013  09:26 am  Show Profile   Bookmark this reply Add ngs428 to your friends list
Thanks for the replies everyone.

The grade given here XF-40 is what the dealer is listing it at, so that seems correct. This is for sale at a reputable dealer I have used before and have like what I got. It is at http://www.hjbltd.com (Harlan J Berk).

They do not have it listed as being cleaned. I too see some horizontal lines on the reverse. Cleaned, I am not sure.

Any other thoughts would be appreciated!

Happy new year!

Pillar of the Community
United States
1536 Posts
 Posted 01/02/2013  03:31 am  Show Profile   Bookmark this reply Add buddy16cat to your friends list
Nice coin with almost of all the lines on the shield. Looks XF to me too of the top of my head without looking at the PCGS photograde.
Bedrock of the Community
United States
20753 Posts
 Posted 01/02/2013  09:18 am  Show Profile   Bookmark this reply Add just carl to your friends list
Nice coin. Actually appears better than XF-40. I never noticed that way back in 1867 they made over 28 million of those. Should be more around but just not a popular coin.
Bedrock of the Community
United States
17884 Posts
 Posted 01/02/2013  12:05 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
.They must have used the dies forever because most of mine have average strikes at best, and a couple are covered with die cracks...I like that though!

"Forever" was a very short time though. Average die life in this series was about 19,000 coins. 15K and the beginning of the series working its way up to 23K by the end. Want to know why there are so many errors in this series (RPD, MPD, doubled dies etc)? Before the beginning of the 75/25% copper nickel coins the mint die shop had to prepare 200 to 300 pairs of dies a year for all the coinage, now take a Shield nickel mintage and divid it by 19K to see how many die pair they now had to make. It is no wonder they hated them and why they had to put so many substandard dies into service. The die shop couldn't keep up with the presses.
Bedrock of the Community
United States
12437 Posts
 Posted 01/02/2013  12:13 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list
IMO, that is a better-than-average EF example as they can be tough to find with fully struck stars even in MS grades.
Valued Member
United States
359 Posts
 Posted 01/02/2013  5:02 pm  Show Profile   Bookmark this reply Add ngs428 to your friends list
Thanks for the great info! I didn't realize the die life was so short on these! Wow!
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United States
2936 Posts
 Posted 01/02/2013  5:18 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list
That is a very nice example in XF. I did a set of these (less one key) a few months ago and I found the best bang for your buck to be (in general) the 1883. That is also an interesting coin to have in your Type Set as three coins from the same year can fill three contiguous holes in the album - the 1883 Shield nickel, the 1883 (No Cents) Liberty (V) Nickel, and the 1883 (w/Cents) Liberty (V) Nickel. Food for thought.... PG
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50 Posts
 Posted 01/03/2013  9:36 pm  Show Profile   Bookmark this reply Add staats25 to your friends list
The obverse looking like XF45 the reverse is a bit weaker. Also, regarding Shield nickels, when one has become very dark due to water damage just how much does that ruin the value? Is it considered environmental damage but the grade remains the same?
Valued Member
United States
359 Posts
 Posted 01/04/2013  8:15 pm  Show Profile   Bookmark this reply Add ngs428 to your friends list
Thanks for everyone's feedback. I learned a bunch and went ahead and picked up the coin for myself.
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