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Pillar of the Community
United States
666 Posts |
 with all the other members' comments! Your posts are a generous gift billjones. Thank you. ~ Mark |
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Pillar of the Community
United States
3479 Posts |
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If too many of you get bored with this, or think that I'm just showing off, I'll stop. Here are my 1795 coins.
I never get bored or think someone is 'showing off' with threads like this. You are providing us with an opportunity to learn from more experienced collectors like yourself. I think you 'checked out' during the time I purchased my 1795 flowing hair dollar and I was really hoping to hear your opinion on it. I suspected it was undergraded when I purchased it. I would love to hear your honest opinions on the two following examples. The first coin is the one I purchased. The second is a coin that sold during the same auction but with a higher grade. Coin 1: the one I purchased https://coins.ha.com/itm/early-doll...yBids-101116Coin 2: https://coins.ha.com/itm/early-doll...ption-071515Edited by MikeF
01/12/2017 06:23 am
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Pillar of the Community
United States
1450 Posts |
Billjones
If a collector wanted a starter Draped Bust dollar which date would you suggest? I love those draped bust dollars and I would like to have one with 18th century date. Is there one date or variety you suggest for a decent price for a guy who is not a multimillionaire? Where would be the best place to acquire such a coin? Do you think it possible for a person of more modest means to actually put together a set of Draped Bust/Reverse Eagle coins? I see 1794 and 1804 are off the charts especially since 1804 was not even minted in 1804 but in 1830's from what I understand. It is a freak coin.
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Pillar of the Community
 United States
1499 Posts |
Hi Mike F. I prefer the 1795 dollar you bought over the one that is graded higher and sold for more money. Your piece has a nice bold portrait and a better overall look. The other piece is not as sharp, and I think that that one is over graded. It is also a VG. I don't think that your coin is under graded, at least not from the commercial aspect. Although the area around Ms. Liberty's eyes, forehead and hairline are sharp, there is very little hair detail in the other areas. This is indicative of the VG grade. Those areas were not well defined when the coin was struck, which is a characteristic of this variety, B-5. Still, there was a good deal more detail that is now showing on your piece. My first Flowing Hair Dollar was a B-5. Here it is. It has adjustment marks which don't lower the grade, but can make it harder to sell, which I learned when I went to sell it. The grade when I bought this piece in the early 1980s was VF-25. NGC put it in an EF-40 holder, which I think was 5 to 10 points too high given the grading standards of the time.   You can compare this with the detail on your piece. I think that you can see that VG is the right grade for your coin. |
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Pillar of the Community
United States
1499 Posts |
Hi Terry8835,
The 1799 Bust Dollar is the most common date in the series. The coin is often available in the circulated grades, and you should be able to find one without a lot of difficulty. I would advise you to buy the best you can afford. If you are on a tight budget, I'd try find a nice VF, somewhere in the VF-30 range. The retail price would be in the $2,500 to $3,000 range. The 1800 dollar is also another date that you will see with some regularity. Among the other dates, 1798, 1802 and maybe 1803 might be available to you. The 1801 is a better date, but the premium for it might not be very high.
You can buy lower grade examples for less money, but I'd advise avoiding anything below Fine. These coins did not circulate that much, and pieces in less than Fine are not all that common. Collectors who are willing to spend $1,000 to $2,000 usually want more for their money.
Edited by billjones
01/12/2017 10:58 am
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Pillar of the Community
 United States
3058 Posts |
Quote:
I would be proud to have all of them beauties in my collection,my address is... I would be happy with one of these beauties! |
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Pillar of the Community
United States
1888 Posts |
What a fantastic show'n'tell. Thank you for the time and effort it took. I feel like I have just been to a history seminar. Your thread is an inspiration to lovers of high quality everywhere. I own one example, a 1799 purchased raw on ebay. It is my favorite US coin. If property taxes were not so high around here, I could afford to give it the company of a small eagle variety.  Maybe one day. |
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Pillar of the Community
United States
3540 Posts |
W!O!W!
Beautiful. Each and every example.
Thank you for taking the time to share.
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Pillar of the Community
United States
3479 Posts |
Quote:
It has adjustment marks which don't lower the grade, but can make it harder to sell, which I learned when I went to sell it Thanks for hitting me back! When you say 'adjustment marks' are you referring to what I would describe as the scraping across the obverse? I've seen other early dollars with this effect and they don't grade as a details coins. What causes this? Edited by MikeF
01/12/2017 7:56 pm
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Valued Member
United States
275 Posts |
Adjustment marks were caused by filing the planchet to remove some weight ensure a uniform weight across the coins. Not PMD, part of the minting process therefore not graded as details. |
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Rest in Peace
United States
10625 Posts |
It's always a pleasure to visit your posts and this one is certainly no exception. What a marvelous early dollar date set. Thank you for sharing your collection and expertise!  |
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Moderator
 United States
15475 Posts |
Very late to this thread ... adding my sincere 'wow' for billjones tremendous early dollars.  It was indeed a history lesson in early USA coinage ... and I was thrilled to read the post and view the coins. David Take a look at my other hobby ... http://www.jk-dk.art |
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Rest in Peace
10197 Posts |
Thanks for the wonderful, colorful histories behind these wonderful coins and even the history your efforts to obtain them. So much to learn, I can see why my cast copy of the 1804 is so easy to spot as a fake!  |
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Pillar of the Community
United States
5833 Posts |
Beautiful! That is quite a task building this set.
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Valued Member
United States
454 Posts |
Salute billjones. It's a great set. Thanks for posting.
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Replies: 54 / Views: 6,524 |
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Posted 01/12/2017 06:01 am
