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1876 Seated Liberty Dime - Possible Proof Or Cleaned Business Strike?

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Author Previous TopicReplies: 29 / Views: 3,246Next Topic Page 2 of 2
Pillar of the Community
United States
2189 Posts
 Posted 11/01/2016  5:27 pm  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list
Thanks guys, I actually left work early since I would have been on the drive home when it ended at 6:30 PM eastern time.

I probably won't return it unless it is harshly cleaned. I take gambles, sometimes I win sometimes I don't. But....I have a nice 1916 Std quarter no date, 1881-S MS66 Cert Morgan and a few other scores to go along with my misses.
I don't blindly bid, I research if time permits and also use the knowledge gained from being a member of this site and learning all the time. I just came across it as the OP did while browsing and it stood out to me despite the lousy seller photo's.

I will post some better pics when I receive the coin.

Edit..just saw your post Paul, Thanks!
Edited by RK55
11/01/2016 5:29 pm
Pillar of the Community
United States
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 Posted 11/04/2016  5:04 pm  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list
I received the coin today. It is a proof, but looks to have been dipped or lightly cleaned at some point. still ok for $113.

I don't see the die chip in the bottom of the 8, but it does have the die lines under the chin and weak "IM" of dime.

What are the members thoughts? I am thinking PF-58-60? better? worse?

Thanks for your opinions!! RK


1876-Seated-Liberty-Dime---Possible-Proof-Or-Cleaned-Business-Strike?

1876-Seated-Liberty-Dime---Possible-Proof-Or-Cleaned-Business-Strike?

1876-Seated-Liberty-Dime---Possible-Proof-Or-Cleaned-Business-Strike?



1876-Seated-Liberty-Dime---Possible-Proof-Or-Cleaned-Business-Strike?
Edited by RK55
11/04/2016 5:19 pm
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 Posted 11/04/2016  5:51 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list
that seems to be carbon damage on the back from the sulfide being stripped during an over dip of the coin. shame.

if it were me, I would get the $113 back and spend another $70 for this as its a legit and MUCH better option for really not much more. why own a $113 problem?

http://www.ebay.com/itm/1876-Seated...AOSwImRYEVX6
Bedrock of the Community
United States
94367 Posts
 Posted 11/04/2016  6:10 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Good advice.
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 Posted 11/04/2016  6:51 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
It looks like it would grade less than PF-60, if it grades in the first place.

Why return it? If you are unhappy with it, list it on ebay with better pictures and correctly attributed. You would get a lot more money that way.
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 Posted 11/04/2016  7:06 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list

Quote:
Why return it? If you are unhappy with it, list it on ebay with better pictures and correctly attributed. You would get a lot more money that way.


Maybe but it might sit for 6 months. Problem coins are problem coins and this is not exactly a good way to hold $113 for a POTENTIAL return over who knows what amount of time versus the guarantee of money back now, no problems. And he won't miss out on that NGC MS62 which is gorgeous.

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2189 Posts
 Posted 11/04/2016  7:15 pm  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list
I will probably keep it, not in love with Seated dimes but at least I have a proof even if it has some problems.
I could flip it and get my $ back but at least it is what I thought it was, and I knew the surfaces were questionable.
The MS62 Seated NGC dime looks ok, but no interest here.

Thanks for the opinions it is much appreciated!
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 Posted 11/04/2016  7:39 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Why keep something you don't really like just to have an example?

Not a good collecting strategy.
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 Posted 11/04/2016  7:49 pm  Show Profile   Bookmark this reply Add ErrorCoins222 to your friends list
Congrats on the pick! Well done.
Rest in Peace
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17900 Posts
 Posted 11/04/2016  8:06 pm  Show Profile   Bookmark this reply Add moxking to your friends list
Gotta agree with the Frog. Every time you see it, you will see a problem.
Bedrock of the Community
United States
11951 Posts
 Posted 11/04/2016  10:24 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
I guess there are two sides to every coin ...

I understand having a example of a proof Seated dime for a little over $100.

I also believe this coin could be graded by ANACS and be sold for more
than $113 ....

I do try to understand the logic of high end high grade ..problem free coin collectors.

But all coins need homes ....,

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 Posted 11/04/2016  10:50 pm  Show Profile   Bookmark this reply Add Paul Bulgerin to your friends list
Thank you for posting your photos of the coin for all of us to see.

Had I won it I'm not sure what I'd do.

It is a proof, impaired though it be, and a nice addition to a collection.

On the other hand, could you do something else with the money?
Paul Bulgerin
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 Posted 11/04/2016  11:14 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list
I think that GR will do what makes him feel most comfortable and as it should be. I offered my POV on what I might do in this specific circumstance and we all have our own approach to this. Seeing both sides of the discussion and all aspects of "collector thought" is healthy for all of us and kudos to the CCF for existing.

I own problem coins as well in several examples that if not for their issues, although attainable financially on some days, would not be coins that I would have purchased. The fact I obtained them for 25% of their problem free FMV make the problems they do have easier to digest visually.

Not to hijack GR's thread, but case in point x2 (maybe we can inspire Moe to create "Days of Problem Coins by Type):





1876-Seated-Liberty-Dime---Possible-Proof-Or-Cleaned-Business-Strike?

1876-Seated-Liberty-Dime---Possible-Proof-Or-Cleaned-Business-Strike?

1876-Seated-Liberty-Dime---Possible-Proof-Or-Cleaned-Business-Strike?
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 Posted 11/05/2016  12:09 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list

Quote:
Maybe but it might sit for 6 months. Problem coins are problem coins and this is not exactly a good way to hold $113 for a POTENTIAL return over who knows what amount of time versus the guarantee of money back now, no problems. And he won't miss out on that NGC MS62 which is gorgeous.


List it as a no reserve auction starting at $0.99. Bidders go crazy for rare problem coins.

This is always how I list problem coins on ebay, making sure to point out the problems very clearly. I am always surprised by how much they go for.
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5838 Posts
 Posted 11/05/2016  5:37 pm  Show Profile   Bookmark this reply Add macmercury to your friends list
Its a nice looking problem coin IMO. I'd take TypeCoin suggestion and relist it on ebay and let it ride.
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