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Posted 07/28/2006 12:01 am
I just noticed the comment about the lines from the letters to the edge and the lack of well defined dentils at the edge. On some series these could be problems, but not here.
These coins were struck in an open sided screw press - not in a collared press. The dentils sometimes appear and sometimes do not usually as a function of how each die was made. Many of the Overton varieties are notable for having very weak rims.
The letters and the stars being "drawn to the rim" are also a standard part of many late state dies. When a die wears, the metal is eroded along the direction of metal flow. Die erosion lines that are RADIAL are rarely a problem - but non-radial lines or spiral erosion lines can point to a forgery. The appearance of these particular lines looks good to me.
I think I have determined that the coin is the Overton 115. The date is well centered with a blunt 1 and a low 3. Overton says "late die states show only light milling remaining."
The variety is a R-1 so standard prices apply - it is the Small Letter variety.
Regarding scoutjim's comment on the strength of LIBERTY - the Overton book uses the 1832 as the date for grading. They have pictures of 1832 coins from MS to G 4. Even on the G 4 every letter in LIBERTY is visible. Apparently on the revised portrait (starting 1832) LIBERTY never wore off. Based on Overton this coin grades VG 8.
These coins were struck in an open sided screw press - not in a collared press. The dentils sometimes appear and sometimes do not usually as a function of how each die was made. Many of the Overton varieties are notable for having very weak rims.
The letters and the stars being "drawn to the rim" are also a standard part of many late state dies. When a die wears, the metal is eroded along the direction of metal flow. Die erosion lines that are RADIAL are rarely a problem - but non-radial lines or spiral erosion lines can point to a forgery. The appearance of these particular lines looks good to me.
I think I have determined that the coin is the Overton 115. The date is well centered with a blunt 1 and a low 3. Overton says "late die states show only light milling remaining."
The variety is a R-1 so standard prices apply - it is the Small Letter variety.
Regarding scoutjim's comment on the strength of LIBERTY - the Overton book uses the 1832 as the date for grading. They have pictures of 1832 coins from MS to G 4. Even on the G 4 every letter in LIBERTY is visible. Apparently on the revised portrait (starting 1832) LIBERTY never wore off. Based on Overton this coin grades VG 8.
