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1883 & 1884 3CN - Business Strike Or Impaired Proofs?

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Pillar of the Community
Canada
4911 Posts
 Posted 01/08/2014  4:15 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list
WOW! These actually look like proofs to me but I'm more of a canadian numismatics kind of guy, um they've got cameo,they've got great strikes even for proofs.
Hmmm I'll guess first strikes or proofs either way they've got great detail for both kinds of strikes.
Feel free to call me Will.
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Canada
4944 Posts
 Posted 01/08/2014  4:58 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
One thing that makes me a little nervous is that they are selling TPG'd proof coins, but they also have some nice stuff that is raw.

Whenever I see that, I always think the ungraded coins came back in a bodybag.
Edited by Canadian-Banknotes
01/08/2014 5:08 pm
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United States
23522 Posts
 Posted 01/08/2014  5:09 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
I'm not optimistic. TPG's don't even always agree with themselves on the differentiation.
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United States
3453 Posts
 Posted 01/08/2014  5:40 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list
SsuperDdave, do you think impaired proofs then? The more I look the more I feel the 1884 is but there are questions in my mind about the 1883.
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 Posted 01/08/2014  5:55 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
How would you tell the difference? With such low mintages, it's not unreasonable to assume that the same die pair struck every single coin....

TPG-slabbed Mint State examples show terrific strikes too.
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United States
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 Posted 01/08/2014  8:04 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list
Good point
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United States
5854 Posts
 Posted 01/08/2014  9:48 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list
I was just looking through Heritage's archives and I noticed in their description for 1883 business strikes, they mention of die cracks at 12, 3, and 8 o'clock on the reverse which if present would point it in favor of a business strike.
http://coins.ha.com/c/item.zx?saleN...4&lotNo=1400
http://coins.ha.com/c/item.zx?saleN...4&lotNo=4145
The description for both these coins mention the die cracks. The 1883 in the ebay listing doesn't seem to have those cracks on the reverse.

I didn't found any mention of a potential diagnostic for the 1884. My gut feeling is the 1884 is a proof. The surfaces look like they may be more reflective than the business strikes in Heritage's archives. I could be wrong and maybe someone with more familiarity with the coins could shed more light.
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United States
595 Posts
 Posted 01/08/2014  10:13 pm  Show Profile   Bookmark this reply Add Susuman to your friends list
I have had the same problem with distinguishing between low mintage circulation and proof strikes. It seems that sometimes the same dies were used and perhaps even polished planchets that were intended for proofs were struck as circulation strikes. Sometimes it can be a fine and subjective line between them.....

My feeling is that they probably are proof strikes, but who really knows.

This person is listing some nice coins in any case.
Rest in Peace
United States
10625 Posts
 Posted 01/08/2014  10:19 pm  Show Profile   Bookmark this reply Add dave700x to your friends list
Nice find CK. It should be interesting to see if anyone gambles on MS examples over PR. The '84 is already teetering towards MS speculation.
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 Posted 01/09/2014  08:58 am  Show Profile   Bookmark this reply Add kanga to your friends list
IF they're MS coins then they are GREAT strikes.
Fully ribbed "III"!
Not easy to find.
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United States
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 Posted 01/09/2014  09:50 am  Show Profile   Bookmark this reply Add CoinsKelly to your friends list
Thanks, D0ubl3Eagle, I book marked that for future reference.
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United States
360 Posts
 Posted 01/09/2014  2:41 pm  Show Profile   Bookmark this reply Add j-win to your friends list
I saw these coins too and I was pretty sure he was listing them to trick people into thinking they were business strikes. I thought they were both proof.

I was also watching the 1869 Seated Liberty quarter he had listed, and after a little detective work, I realized he cracked the coin out from a slab that had graded it proof. I have no doubt that he was selling the Three Cent Nickels and the 1869 quarter raw as a way to trick buyers into thinking they were high grade business strikes. I don't know if this specific thing is frowned upon or not, but I think it's pretty shady and I personally wouldn't trust the guy.

His ebay auction: http://www.ebay.com/itm/1869-Libert...201013092426
The same coin graded as a proof by NGC: http://coins.ha.com/c/item.zx?saleN...1&lotNo=9956
The same coin graded as a proof by PCGS: http://www.stacksbowers.com/archive...ctid=1304585
Pillar of the Community
United States
3453 Posts
 Posted 01/09/2014  3:02 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list
You are probably correct. After looking some more, I thought only the 1883 might be a business strike but D0ubl3Eagle's detective work "upgraded" my opinion to proof. This dampens my hopes that this could be a decent seller.


Quote:
I don't know if this specific thing is frowned upon or not,


Sadly, only by us but not the Bay...
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Canada
4944 Posts
 Posted 01/09/2014  3:17 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
Great Detective Work j-win!
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9796 Posts
 Posted 07/12/2014  06:38 am  Show Profile   Bookmark this reply Add westcoin to your friends list
Not to bring up an old topic - but https://goccf.com/t/181790

Same guy, did anyone here get burned? I sure hope not.
"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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