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Took A Gamble 1793 Chain Cent-Opinions?

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Bedrock of the Community
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 Posted 08/23/2013  10:53 am  Show Profile   Bookmark this reply Add Conder101 to your friends list
But the law stated that the Mint could not strike any silver coin until both the coiner and the assayer had posted $10,000 bonds. These bonds were later reduced to $5,000 but they were not posted until mid 1794. So until that time the mint could not legally make silver coins. So the 1792 silver Half Dimes could not be legal coins. Call them what you will, but legally they are not coins. I tend to think of them as private tokens for Jefferson.

The phrasing of Washington's letter seems odd. It would be interesting to see the letter from the Director that this is replying to. I would suspect that Rittenhouse made the comment that the first silver coins to be made should be the small denominations since they would be in greatest need and Washington is agreeing. The Act authorizing the mint had already called for the Half Disme and dismes of silver (once the bonds were posted) so there would be no need for Washington to approve them or for Rittenhouse to ask for their approval. Could Rittenhouse have been asking for an "Executive Order" to override the law and allow for the production without having the bonds posted? If so I would expect Washington's reply to be more formal and clearly set forth.
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 Posted 08/22/2015  3:26 pm  Show Profile   Bookmark this reply Add 732amran to your friends list
Aggg it reminds me-- A chain or wreath or lib cap 93 are looked on so carefully--in Poor to Fair to AG3 grades-its interesting. Each coin like this will develop a character of its own. Its unique look. This coin is a great deal for $2500
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 Posted 08/22/2015  4:18 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
Please don't dig up these old threads. We don't like zombie threads.

But what a deal.
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 Posted 08/22/2015  6:41 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
Why are we discussing a coin from two years ago?
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 Posted 08/22/2015  6:56 pm  Show Profile   Bookmark this reply Add moxking to your friends list
Warning! Zombie thread
Pillar of the Community
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 Posted 08/22/2015  7:14 pm  Show Profile   Bookmark this reply Add Ploopy to your friends list
The necro is real
Pillar of the Community
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 Posted 08/22/2015  11:44 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list

Quote:
Why are we discussing a coin from two years ago?


We need to have a new emoji face on the sidebar that's a zombie.


anyways someone dug up a 5+ year old post several days ago, haha. personally I think all threads 2+ years old should be autolocked after two years.
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 Posted 08/23/2015  12:08 am  Show Profile   Bookmark this reply Add pepactonius to your friends list

Quote:
I think all threads 2+ years old should be autolocked after two years


It should probably be after two years of inactivity, rather than two years after the start date. There are the "How far back can we go?" threads, for example, that may last more than two years.
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 Posted 08/23/2015  12:39 am  Show Profile   Bookmark this reply Add edweather to your friends list
Is it ok to dig up a zombie thread if it's about a Walker?
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 Posted 08/23/2015  01:40 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list

Quote:
I think all threads 2+ years old should be autolocked after two years


I humbly disagree ... Archival information can be most helpful for researching coins, tokens, etc. While many threads contain idle chatter and simple discourse between members, there's a great deal of insight and information that can be searched, if preserved.
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 Posted 08/23/2015  10:54 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
I humbly disagree ... Archival information can be most helpful for researching coins, tokens, etc. While many threads contain idle chatter and simple discourse between members, there's a great deal of insight and information that can be searched, if preserved.


It would have no effect on your ability to Search and/or read them. All it would do is stop the practice of raising old threads from the dead.
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 Posted 08/23/2015  10:59 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list
SsuperDdave .... Thanks for that assurance. I much appreciate knowing that no information would be lost.
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169 Posts
 Posted 09/06/2015  09:19 am  Show Profile   Bookmark this reply Add stringboogie to your friends list
notice from page 3 I sent this coin to PCGS and it came back good details damaged.the guy I sold it to cracked it out and resubmitted to PCGS and it came back ag details!! scratched.happens all to often.i see undergraded/overgraded coins in slabs fairly regularly and after my last two submissions will opt for genuine with no grade assigned in the future
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 Posted 09/06/2015  10:15 am  Show Profile   Bookmark this reply Add jgfindring to your friends list
See now, we wouldn't have gotten that last bit of info if the thread had been locked.
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 Posted 09/06/2015  8:25 pm  Show Profile   Bookmark this reply Add westcoin to your friends list

Quote:
Why are we discussing a coin from two years ago?


It probably took that long for PCGS to grade it and return the coin

I keed, I keed!

"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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