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Replies: 39 / Views: 3,282 |
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Pillar of the Community
United States
3486 Posts |
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Rest in Peace
United States
10625 Posts |
Seller appears to be a crook or just a dummy selling coins that he overpaid for.
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Pillar of the Community
United States
1721 Posts |
I've actually run into people who think like this guy and truly believe that this is a mint state coin. I see this with the antiques and collectibles too. A friend of mine tried selling me his old lead toy soldiers. They were beat all up, had no paint and he claimed they were in excellent condition plus he wanted top book price. I showed him pictures of excellent versions with all their paint and he shrugged it off. His claim was when they are this old you will never find ones in mint state. How do you argue with ignorant logic? He thought I was trying to steal his toy soldiers and he never talked to me again (this happened 20 years ago). The funny part was I never wanted the soldiers but he was expecting me to pay his price. He'll be buried with his miniature men right along side his ignorance.
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Pillar of the Community
United States
1339 Posts |
We can only hope he doesn't steal anyone's money with this $3 coin ,,,before they learn....VG-10 maybe F-12
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Pillar of the Community
Canada
3167 Posts |
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Pillar of the Community
United States
2480 Posts |
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Moderator
 United States
23522 Posts |
Quote: and when I checked his past auctions noticed that he sold 2 High Relief 1922 Silver Dollars at $70.00 each. That would double the known number of Business Strike High Relief 1922's. For those in the know, that is the single most sought-after US Dollar coin. You can set your own price for one, and they'll still beat a path to your door. Fortunately, there's a slam-dunk pickup for it even visible in his lousy photos, and those don't have the feature. At $70, though, the buyers only paid twice what they should have.
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Valued Member
United States
380 Posts |
What do you look for that makes it a high relief 1922?
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Moderator
 United States
23522 Posts |
Quote: What do you look for that makes it a high relief 1922? The length of the ray crossing the right side of the "E." High Relief examples have a much shorter ray than normal coins here, barely passing the bottom leg - it reaches the center bar on normal ones. Images don't even have to be in focus for you to see it plainly.  35,000 were struck, and nearly all melted. IIRC there's only one Business Strike known, and a dozen or so Matte Proofs. The rays themselves are noticeably thicker than normal strikes, as well, but that's a debatable pickup.
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Valued Member
United States
380 Posts |
Is this because of a new die design, or did the original die break during production?
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Moderator
 United States
23522 Posts |
By the time they decided that the original High Relief design - same as the 1921's - was not appropriate for mass production, the first few 1922's had been struck. So, they melted (almost) all of them and switched to the easier low-relief. Keep in mind, the production pressure was intense. The Pittman Act, which had caused the melting of 270 million Morgan dollars, also mandated their replacement down the road since the US had to withdraw from circulation an equivalent value in Silver Certificates which lost their backing due to the melt. So the Mint was forced to produce Dollars by the bazillion. High Relief Peace dollars were difficult and time-consuming to mint, did not stack well, and it was obvious that the required production volume was impossible using the design. 1922-P Peace dollars were the single-highest mintage of any US Silver Dollar at over 50 million, which wouldn't have been remotely possible with the High Relief design.
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Valued Member
United States
380 Posts |
Thank you that was very informative. Now at the risk of going off topic, I'm going to the Superbowl/birthday party for my son. Have a good afternoon.
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Pillar of the Community
Canada
3167 Posts |
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Pillar of the Community
Israel
2420 Posts |
I think the seller just dropped a single word. "LOOK AT THIS MS+++(+++wear) Barber dime !"
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Pillar of the Community
United States
2311 Posts |
Take a look now: 
Edited by solotime 02/04/2013 10:19 am
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Replies: 39 / Views: 3,282 |