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1883 No Cents Barber Nickel - Die Cracks

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Author Previous TopicReplies: 8 / Views: 1,660Next Topic  
Valued Member
FroDaddy's Avatar
United States
107 Posts
 Posted 06/23/2007  3:04 pm Show Profile   Bookmark this topic Add FroDaddy to your friends list Get a Link to this Message Number of Subscribers
I bought this today at the flea market for my 7070. I thought I overpaid for it, but after bringing it home I noticed die cracks on the reverse. They are from the U in UNITED from the edge of the coin and making a "v" to the corn leaf. They can also be seen in the NI in UNITED and almost entirely in STATES.

This was slabbed by NTC, but what grade would YOU give it? And how much would you have paid? Do the die cracks add any value to the coin?

I scanned the coin since I don't have a camera. I adjusted the picture to look as close to the original coin as possible. Scanning always removes luster, but this coin has plenty of it and a tint of rainbow toning as well. It has excellent eye appeal which got me in trouble on this one!!



Image: 1883-No-Cents-Barber-Nickel---Die-Cracks 1883 no cents front.jpg
77.82 KB

Image: 1883-No-Cents-Barber-Nickel---Die-Cracks 1883 no cents rear.jpg
75.85 KB
Edited by FroDaddy
06/23/2007 3:10 pm
Valued Member
United States
459 Posts
 Posted 06/23/2007  3:24 pm  Show Profile   Bookmark this reply Add Benji to your friends list Get a Link to this Reply
Considering the small nick on the cheek, I would still go AU-63 depending on the luster and appeal...I would say $20-$35 would be a fair price, depending on luster/appeal. Personally, I would go $40-$50 with the die crack/retained Cud @ UNI and crack @ A1 on obverse. It also looks like some rim crumbling (or is it PVC/crud?) below 83. Looks like a great addition to the 7070.
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Metalman's Avatar
United States
7123 Posts
 Posted 06/24/2007  4:33 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
I can agree with an AU grade although a bit lower than Benji .

AU-50 of course being a scan the areas on the cheek ,hair and bow maybe products of the scan .

The die cracks being a common occurance IMO do not add any value to the coin ,,the coin in my opinion values at between 15 and 20.00 in the lower AU grades for the no cents version of this coin .

Metalman
Pillar of the Community
Spider5689's Avatar
United States
2269 Posts
 Posted 06/24/2007  5:28 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
I believe it should grade AU-55.
Valued Member
FroDaddy's Avatar
United States
107 Posts
 Posted 06/25/2007  10:37 am  Show Profile   Bookmark this reply Add FroDaddy to your friends list Get a Link to this Reply
The eye appeal and luster is what attracted me to this coin. The holder has MS63 on it, so I purchased it on impulse for $65 without having my magnifier or a recent price guide (I had my 1995 one). So I posted this thread since I thought I got ripped off, and it has been confirmed. Buyer beware, of course, but the integrity of the dealer comes into question when marking up a coin 200% over what it's worth. There is a difference between making money and being dishonest, and this dealer took advantage of the situation and completely ripped me off.

On the bright side, the coin has good eye appeal and looks good in the 7070. I'll hang on to this one for a few years, and once my 7070 is complete I'll consider upgrading this coin. I doubt I will be able to recoup any of my money since my 1995 guide had an MS60 listed as $31, and today PCGS lists an MS60 as $27. If anything, it looks as if prices are falling for the V nickels.

My father was going to buy some 2000+ silver american eagles from him this weekend. I'm going to talk to the dealer about how bad he ripped me off, and then I'm going to ask him to give us a free silver eagle to make it up to me. I doubt he'll go for it, but I'm going to try.

Benji, did you mean to say MS63 instead of AU63? If not, then I thought the grades in the 60's were automatically considered mint state / UNC?
Edited by FroDaddy
06/25/2007 10:50 am
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Prethen's Avatar
United States
3234 Posts
 Posted 06/25/2007  11:44 am  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
"Barber Nickel"....that's a funny way to refer to it. Perhaps technically correct, though. We should refer to our little copper plated coins as Brenner Cents!
Edited by Prethen
06/25/2007 11:44 am
Valued Member
FroDaddy's Avatar
United States
107 Posts
 Posted 06/25/2007  1:21 pm  Show Profile   Bookmark this reply Add FroDaddy to your friends list Get a Link to this Reply
I was wondering why the dealer asked me to repeat it when I asked him, "Can I look at your barber nickel?"

That was probably his first clue that he might be dealing with a sucker!!
Valued Member
United States
459 Posts
 Posted 06/25/2007  7:36 pm  Show Profile   Bookmark this reply Add Benji to your friends list Get a Link to this Reply
AU-63 = Any possible grade between AU50 and MS63. Fleamarkets typically are NOT great places to find coins at reasonable prices. Consider it a cheap lesson learned.
Valued Member
United States
459 Posts
 Posted 06/26/2007  12:19 am  Show Profile   Bookmark this reply Add Benji to your friends list Get a Link to this Reply
I thought this nickel would be a great illustration of die states.. this one has it all...die crack, Retained Cud, and full Cud all on the same side...I don't think you can find a better example to show the progression from one die state to the next all on the same die. I am still hunting for one example of each state from this reverse die to compile a time line of deterioration.

1883-No-Cents-Barber-Nickel---Die-Cracks
Edited by Benji
06/26/2007 12:22 am
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