| Author |
 Replies: 17 / Views: 2,552 |
|
Valued Member
United States
359 Posts |
I am starting to do a little research on Shield nickels for my type set. I wanted to run an example of a Shield nickel past they great forum and get your thoughts.. I have some thoughts on this one (just a example I found on the net) and wanted to see how my thoughts compare with your thoughts.. So here is a picture, let me know your thoughts on this without rays type, strike quality, grade, eye appeal, etc.   Thanks! |
|
|
|
Pillar of the Community
United States
1339 Posts |
These are tough to grade!! Most of mine are kind of ugly....In a good way...This coin has a very good strike and has die cracks like most of them do..Not sure if it has been cleaned by looking at the pics...Probably has....I'll go XF-40..Hope some of the experts will chime in!!
|
|
Pillar of the Community
United States
4337 Posts |
that's a nice example you have there. I dont know your budget but if you are in the $250 - $300 range I know you can find some brilliant unc examples for that money, slabbed. you can crackout for the album
be weary, VERY weary of fakes so slab is always best
|
|
Valued Member
 United States
359 Posts |
dsfreeworld - My budget is more around the range of what this coin would sell at, somewhere in the $60 range. I am looking for a common type (1867, 1868, 1869, 1882, 1883) in the EF-40 range from a reputable dealer.
babysitr - sounds like an accurate grade. Are you saying these are hard to grade because of the typical soft strikes?
Thanks for the input so far. Looking forward to more!
|
|
Pillar of the Community
United States
3546 Posts |
Hello, Quote:
I'll go XF-40  mdpmedia |
|
Pillar of the Community
United States
1339 Posts |
Yes I am!!...They must have used the dies forever because most of mine have average strikes at best, and a couple are covered with die cracks...I like that though! I have one rare one (1873 closed 3) that has a great deal of corrosion...I've seen that a lot also...These are very cool classic coins in design
|
|
Pillar of the Community
United States
3546 Posts |
|
|
Moderator
 United States
16679 Posts |
I don't know a whole lot about the series but it looks nice!
swcoin.ecrater.com
|
|
Valued Member
United States
77 Posts |
I agree w/ babysitr, even to the point of cleaning. Looks from the photos to have scuffing in the field on the reverse in particular. Might be just something my old eyes are fooling me with on the photos though. IF it was cleaned, you should be offered a substantial discount from the standard price for that grade. I just checked ebay completed sales, shield /no rays, and there was an XF original that sold in the 30 range, and a nice original AU58 ICG that went for 75 ish. I'm all for supporting a reputable local coin dealer, and after that a local coin show. I am simply using ebay completed sales to give you a price range to think from. |
|
Valued Member
United States
359 Posts |
Thanks for the replies everyone. The grade given here XF-40 is what the dealer is listing it at, so that seems correct. This is for sale at a reputable dealer I have used before and have like what I got. It is at http://www.hjbltd.com (Harlan J Berk). They do not have it listed as being cleaned. I too see some horizontal lines on the reverse. Cleaned, I am not sure. Any other thoughts would be appreciated! Happy new year! |
|
Pillar of the Community
United States
1536 Posts |
Nice coin with almost of all the lines on the shield. Looks XF to me too of the top of my head without looking at the PCGS photograde.
|
|
Bedrock of the Community
United States
20753 Posts |
Nice coin. Actually appears better than XF-40. I never noticed that way back in 1867 they made over 28 million of those. Should be more around but just not a popular coin.
|
|
Bedrock of the Community
United States
17884 Posts |
Quote:
.They must have used the dies forever because most of mine have average strikes at best, and a couple are covered with die cracks...I like that though! "Forever" was a very short time though. Average die life in this series was about 19,000 coins. 15K and the beginning of the series working its way up to 23K by the end. Want to know why there are so many errors in this series (RPD, MPD, doubled dies etc)? Before the beginning of the 75/25% copper nickel coins the mint die shop had to prepare 200 to 300 pairs of dies a year for all the coinage, now take a Shield nickel mintage and divid it by 19K to see how many die pair they now had to make. It is no wonder they hated them and why they had to put so many substandard dies into service. The die shop couldn't keep up with the presses. |
|
Bedrock of the Community
United States
12437 Posts |
IMO, that is a better-than-average EF example as they can be tough to find with fully struck stars even in MS grades.
|
|
Valued Member
United States
359 Posts |
Thanks for the great info! I didn't realize the die life was so short on these! Wow!
|
|
Pillar of the Community
United States
2936 Posts |
That is a very nice example in XF. I did a set of these (less one key) a few months ago and I found the best bang for your buck to be (in general) the 1883. That is also an interesting coin to have in your Type Set as three coins from the same year can fill three contiguous holes in the album - the 1883 Shield nickel, the 1883 (No Cents) Liberty (V) Nickel, and the 1883 (w/Cents) Liberty (V) Nickel. Food for thought.... PG |
| |
Replies: 17 / Views: 2,552 |
Posted 12/30/2012 09:37 am
