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 Replies: 30 / Views: 3,162 |
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Valued Member
United States
397 Posts |
I got this coin recently. I am pretty new to Coin World and I saw the R5 the previous owner had on the coin holder and knew it was a good thing but nothing more. I just didn't think a coin in such horrible condition + seemingly nothing special about it could possibly be worth more than 50 bucks at best. I picked the coin up again today and googled RR29 vermont to find what seemed like the same coin PCGS G6 sell for $1840 on heritage. I thought that ugly surface break on obverse was damage until now. So am I missing something or is this coin pretty rare/valuable even in this condition?   |
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Pillar of the Community
United States
4897 Posts |
WOW! Wait till V. sees this one!
The rarity indicated there were only about 33-64 of this die marriage minted. So yes it is rare. Food for thought.....that auction you mentioned was from 2005...this coin, in a slab at a good auction, should easily get that!
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Moderator
 United States
14463 Posts |
yeah, I can't believe V. hasn't seen this thread yet.   |
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Pillar of the Community
United States
4897 Posts |
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Moderator
United States
16677 Posts |
I'm here now, and I'm just looking at it 0_0
...ok!
I'm jealous!
Also known as the "ski jump" variety as nicknamed by Tony Carlotto.
When these come up for auction, they get plenty of attention.
All known examples are generally weakly struck and yours is no exception.
I would put yours at VG, and would estimate any where from $1500 on the low end, to $2300...possibly higher as this is a sought after Vermont Copper amongst Vermont specialists.
As amida pointed out, slabbed of course :)
Great coin!
swcoin.ecrater.com
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Pillar of the Community
United States
3253 Posts |
What's especially interesting about this die variety is that it seems to have been produced in two runs. The obverse was only ever paired with this reverse, but after a number were struck, the reverse die was used to make other coins with different obverses, becoming weaker and more damaged along the way. Then, improbably, it was reunited with this obverse, and a considerably weaker population of RR-29 was struck. Would you say this was from the second run, v?
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Pillar of the Community
United States
4897 Posts |
I would guess second run. Another interesting tidbit with this variety is that they are found overstruck on Irish halfpence. Plain and simple it is a cool coin!
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Moderator
United States
16677 Posts |
Without a doubt, I'm thinking second run. This was the only obverse die and it appears to be "tired" at this stage.
It would have been inevitably destroyed soon after.
swcoin.ecrater.com
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Valued Member
 United States
397 Posts |
This is great news. Thanks everyone for the info, especially Vermont. It is very possible that I could have sold this coin for $50 or so without a second thought (until I later saw some beat up Vermont colonial with a ramp as a forehead sell for $2000  ) I'm glad I have found and started posting on this site  Now, when I get it slabbed, should I pay for the variety attribution and they put the RR29 or something on the slab or not necessary? |
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Moderator
United States
16677 Posts |
ANACS, I believe, for a small fee will put RR29 on the holder. IMHO, you need that on the holder to denote the variety; as well as maximize your return. Don't be surprised if any TPG lowballs the grade..they are not educated properly when it comes to Colonial coin grading. They may even call it a problem coin as it clearly is not. PCGS charges $50 per Colonial. This would look the best in their slab if your intentions are to get the most return come auction day. It's a scarce Vermont type..rarely offered. There will be competition. swcoin.ecrater.com
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Bedrock of the Community
United States
11951 Posts |
Your coin looks very interesting.  It made me go look for one I posted about over a year, and forgot about. I hope it is ok to post mine .. I think it might be the same variety. Again I must say the coin does look a little better than I can capture in a photo. Also are there any opinions on NGC for grading coins like this.   |
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Pillar of the Community
United States
4897 Posts |
Really! Two of what, like, 60 in the same thread!  Nice one GR58. I would go with PCGS . Simply because that is what folks seem to like these days. |
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Moderator
United States
16677 Posts |
It is also Ryder 29. TPG's are notorious for overgrading Colonials, mistaking strike issues as wear and pitting and planchet flaws so commonly found (especially on the Rupert mint coppers) on Colonial coppers. I'd call it VG8-10 swcoin.ecrater.com
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Pillar of the Community
United States
4897 Posts |
 Except. Didn't operations move to Newburgh (Machins Mills) under Atlee in 1787? I do understand that there are believers that Rupert made coins into 1789 but the planchet quality of these coins is more consistent with Machins issues. No? Edited by amida17
11/22/2013 10:22 pm
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Bedrock of the Community
United States
11951 Posts |
You guys are great ... Thank for all the good information. Do the TPG's have population reports ...on coins like these? |
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Moderator
United States
16677 Posts |
I meant the coppers of 1785-86 Vinnie :-)
GR58 yes. PCGS has population reports on all US Colonials it has deemed "problem free".
swcoin.ecrater.com
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Replies: 30 / Views: 3,162 |
Posted 11/21/2013 11:34 pm
