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Replies: 21 / Views: 2,498 |
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New Member
 United States
48 Posts |
In hand to the untrained eye, it does look like corrosion that may have been dremel cleaned. Also, this coin came from Atlantic coast, so salt water exposure could be likely.
Edited by Diirizzyl 09/18/2016 10:05 pm
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Bedrock of the Community
United States
36906 Posts |
This is one that I would not buy at any price. It does look like a sea salvaged piece that has been cleaned to remove some of the crud.
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Pillar of the Community
United States
968 Posts |
Moxking,
That is what I was referring to. If it were found in a shipwreck, on a beach, or even near a brackish estuary the silver will corrode. I've got several old silver coins from beaches that look really rough.
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New Member
 United States
48 Posts |
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Rest in Peace
United States
17900 Posts |
I agree with those who dislike that TD. Also agree with the Frog on waiting for a TPG. TDs have been one of the most counterfeited coins for the last many decades.
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Pillar of the Community
United States
4472 Posts |
Excellent idea to return the corroded coin. Your second example is better, but you should consider buying a problem free NGC or PCGS graded Trade dollar in XF condition as they can be found for $230 to $250. You are paying a little more for knowing the coin is not counterfeit, and many of the Trade dollars are detail coins, so there is value in getting a problem free example.
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Bedrock of the Community
 United States
18725 Posts |
Quote: Looks like a cast counterfeit made up like it has been in the dirt. The corrosion on the coin does not appear natural. / there are too many issues with this ooin. I dont like the look of it either and without proper accreditation I would put this in the counterfeit catagory
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Bedrock of the Community
United States
36906 Posts |
The 1878-S looks genuine and original. VF-35 but I don't like the nick on the wing.
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Pillar of the Community
Australia
7096 Posts |
Genuine or not that is one Ugly coin 
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New Member
 United States
48 Posts |
Both of my first attempts at obtaining a decent Trade dollar were ugly. The first, I was pretty amateurish thinking the poor photos were maybe just a poor attempt on seller's part, since their feedback was exellent and provided a very detailed description. I'm happy to return and accept it as a beginner's mistake And very fortunate to be a member here and have access to all the collective experience and wisdom of you all. Just found a decent deal on a certified xf40 same year for $245 and with that purchase I'm done buying for a while. Now I can focus on examining all I've collected since Spring and start coming up with more good photos and topics for the forum. Here's the coin I just bought http://i.ebayimg.com/images/g/G2UAA.../s-l1600.jpghttp://i.ebayimg.com/images/g/cwYAA.../s-l1600.jpg
Edited by Diirizzyl 09/19/2016 9:38 pm
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Pillar of the Community
United States
4472 Posts |
You made a nice buy on your XF 40 as the coin is problem free and looks original and is in a PCGS holder. The raw XF coins were selling for $200 and the XF details at $150. The 1877 S is a common date, but PCGS still has only graded 164 is XF 40. I really like the history on the Trade dollars and I have been considering making the Trade dollar my next set to collect.
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New Member
 United States
48 Posts |
Are there vams for the Trades like with the Morgans and Peace dollars? Noticed my new pickup has the micro-s mintmark. I'm also interested with history of the rise of modern global economy, and I think the Trade dollars good material examples of the era. Plus, I'm excited to have a contemporary pair to my mysterious-as-heck (1792 Mo) Type II China Trade Boston-produced Portrait Dollar. Anyone reading this thread interested in Swamperbob's expertise with coins of that era? I'm fascinated by the Spanish milled dollars and hope to someday find a Mexico-minted original 8R with trace Au content for my collection.
Edited by Diirizzyl 09/20/2016 6:08 pm
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Pillar of the Community
United States
6370 Posts |
My first thought was salt water damage. I see others are thinking that as well.
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Pillar of the Community
United States
4472 Posts |
Breen did some work on varieties for the Trade dollar. The 1877 S, mirco S is a Breen-5814, and it is rare. Here is a photo from NGC on the mrico s for the 1877 S. The S is .84mm high. I do not have any idea on value for the mirco s. If you do have a mirco s, it is a keeper. 
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New Member
 United States
48 Posts |
Here's a crop from seller's photo. This mm is lower set, but looks like same microfont to me. Awesome, thank you, Slider! 
Edited by Diirizzyl 09/21/2016 7:48 pm
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