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kbbpll's Last 20 Posts
| 1928 Peace $ Find
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kbbpll
Pillar of the Community
United States
3374 Posts |
 Posted 09/19/2023 11:04 pm
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| I scrolled through this wondering why someone bumped an 8 year old thread, and boom! I can see where all the tiny abrasions in the fields got you the 62, but it looks great. I waited years to do the same with ANACS conservation, with similar results. Well worth doing on this one, it looks fantastic. |
| | Forum: US Classic and Colonial Coins |
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| Is This Walking Liberty A Cleaned Coin?
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kbbpll
Pillar of the Community
United States
3374 Posts |
Posted 09/19/2023 10:43 pm
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Quote:
I wonder if people typically clean coins to get rid of patina? I grew up in the era when mom and grandma polished the silver. It was logical to do the same to your coins. Tarnish was bad, shiny was good. That may have been the case here. |
| | Forum: US Classic and Colonial Coins |
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| Reference That Says If Indian Head Cents And Buffalo Nickels Can Still Be Used As Money?
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kbbpll
Pillar of the Community
United States
3374 Posts |
Posted 09/19/2023 10:33 pm
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https://www.govregs.com/uscode/titl..._section5103
Quote:
§#8239;5103. Legal tender
United States coins [emphasis mine] and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts. The key phrase it seems is "United States coins." The reason you can't find anything that specifically says this or that coin is still legal tender is, as @Hondo Boguss says, because none of them have ever been demonetized. Thus, interpreting the plain text of the law, any coin that says United States on it is still legal tender. So you could still spend your 1792 half disme, but presumable not your 1652 New England threepence. Federal Reserve notes started in 1914, so currency from before that isn't legal tender. On the other hand, there is no federal law requiring a business to accept coins or currency. So whether a merchant could accept Jefferson nickels but not buffaloes would depend on state law. |
| | Forum: US Classic and Colonial Coins |
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| Tampering With TPG Slabs
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kbbpll
Pillar of the Community
United States
3374 Posts |
Posted 09/19/2023 8:25 pm
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| How often have you seen a side view of a slab posted on ebay though? NGC spent $100k going after that guy so it wasn't a small potatoes operation. I'm not saying it isn't difficult, but the buyer can easily claim the slab was like that when they received it, etc. The NGC guy had to buy two coins - the real slabbed one and one to replace it with. The crack, replace and return scammer only has to buy the lesser coin if they get the refund. I can see where it would be a tempting scam, that's all I'm saying. |
| | Forum: Main Coin Forum |
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| Tampering With TPG Slabs
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kbbpll
Pillar of the Community
United States
3374 Posts |
Posted 09/19/2023 02:37 am
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I understand your concern. I've been dealing with a lot of craigslist people over the past couple weeks and it seems like half the people out there are working some kind of scam.
Recently there was a large settlement involving NGC and a "dealer" who was cracking their slabs and replacing the coins, so you're right to think that someone could be playing a refund game using the same tactic. It's essentially the same scam in reverse. With ebay strongly favoring buyers in a refund situation, I can see where a crack and return scam would be easier and more profitable. Photograph the coins with the certs and identifying marks clearly visible.
https://www.ngccoin.com/news/article/11938/ |
| | Forum: Main Coin Forum |
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| Fake Coins Just Trash?
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kbbpll
Pillar of the Community
United States
3374 Posts |
Posted 09/18/2023 12:25 pm
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| If they're recent Chinese fakes I personally would just bend or cut them and toss them in the trash. If they're souvenir fakes your grandparents bought on their trip somewhere, I might keep them for sentimental reasons. And if they're known contemporary counterfeits, I'd keep them and make sure they're labeled as such. A problem I see with passing them on to an anonymous "black cabinet" collector is you don't know whether that person really intends to keep them for research, or just wants them cheap in order to scam somebody else. In that case I suppose you could stamp or scratch R or COPY onto them. |
| | Forum: Main Coin Forum |
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| CC Placement On US CC Trade Dollars
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kbbpll
Pillar of the Community
United States
3374 Posts |
Posted 09/18/2023 12:04 pm
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| Heritage auction archives would be a good place to look at the MM placements for these. The CC's are all over the place since each working die was punched individually, and it was single C punches so even the spacing between the C's varies considerably (as well as different sizes and styles of the C, as seen in your two examples). I could be wrong, but the only time I'd expect exactly the same position and size for both 1874 and 1875 is if the reverse die was reused across years. |
| | Forum: US Classic and Colonial Variety and Error Coins |
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| Are There Any Regular Issue US Coins With Sheldon R-6 Rarity?
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kbbpll
Pillar of the Community
United States
3374 Posts |
Posted 09/18/2023 02:43 am
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| Well, there is only one known 1652 NE threepence, but you probably don't count that as a US coin, although certainly it was a "regular issue." There are 12 surviving 1933 $20 with only one legal to own, but does regular issue imply authorized release to the public? The original mintage of 1804 dollars was much less than 30, but I don't recall how many types 2 and 3 there are, or where that fits into your definition. Same with the 1894-S 10c - they're designated as proof but technically they aren't, and again depends on what regular issue means. 1873-CC no arrows dime has only one, but are you excluding that as a variety? Others to consider - 1866 no motto $1, 1870-S $1 (I don't know why you're excluding that one). |
| | Forum: US Classic and Colonial Coins |
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