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1858 Dime With Marker

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Author Previous TopicReplies: 11 / Views: 1,453Next Topic  
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artdio's Avatar
1844 Posts
 Posted 04/26/2014  1:27 pm Show Profile   Bookmark this topic Add artdio to your friends list Get a Link to this Message Number of Subscribers
Im thinking of bidding on this hard to find dime but just wondering if its already overpriced ?

http://www.ebay.com/itm/1858-Canada...400696914064
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 04/26/2014  1:37 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
A rare variety, ye. However at $570 you're already overpaying by a bit. I wouldn't recommend going any more. Not sure how much rare-varieties and their values increase over time.
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lambecolin's Avatar
Canada
618 Posts
 Posted 04/27/2014  03:14 am  Show Profile   Bookmark this reply Add lambecolin to your friends list Get a Link to this Reply
Now $875.00------Very nice-----I estimate only 20 to 40 of these exist in total--A fair price for this condition IMHO---Nice example.
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lambecolin's Avatar
Canada
618 Posts
 Posted 04/27/2014  03:39 am  Show Profile   Bookmark this reply Add lambecolin to your friends list Get a Link to this Reply
There is another post on this forum--"1858 10 cent marker"--has some estimates.
I have seen 2 examples on ebay in 2 years-----I bought one for $185, but at best has a Good grade---even the blunder (marker) shows metal movement.
But I'm keeping it until another can replace it!
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collector67's Avatar
Canada
252 Posts
 Posted 04/27/2014  1:58 pm  Show Profile   Bookmark this reply Add collector67 to your friends list Get a Link to this Reply
Rarely seen for sale I think lambecolin is in the ballpark about numbers. These are a lot harder to find then the 1858 8/5. I put the question out there a while ago on this coin and there was very little response, I am aware of less then 11 so far and 6 are g-vg. Price, that's a hard one very few have sold publicly to set the market price. It comes down to how bad someone wants to fill that hole, I have been watching this variety for a few years now and think it's a huge sleeper coin. I think this coin should be in the same range as the 8/5 or even higher, if you think that marker was there to align the die and then polished off. I don't think there would be too many strikes to figure out the alignment. Then where these coins released by accident and how many? There are 2 people that are willing to pay it will interesting to see the close, basically 1000 cad with shipping if it goes to Canada for a VF30
BTW I found this site due to my search for this coin close to 3 years ago Good Luck
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lambecolin's Avatar
Canada
618 Posts
 Posted 04/27/2014  4:51 pm  Show Profile   Bookmark this reply Add lambecolin to your friends list Get a Link to this Reply
Just one minor point about these blunders(markers) is about their creation and removal once the alignment process was done. The die had to have a marker cavity in order for metal flow into the cavity. After alignment was achieved that die cavity had to be filled in with a steel marker shape, smoothed and polished.
That is why those markers are shaped like that---reminiscent of iron holders in Roman stonework etc.
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lambecolin's Avatar
Canada
618 Posts
 Posted 04/27/2014  5:16 pm  Show Profile   Bookmark this reply Add lambecolin to your friends list Get a Link to this Reply
Final price CDN $920---Congrats.
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collector67's Avatar
Canada
252 Posts
 Posted 04/27/2014  5:29 pm  Show Profile   Bookmark this reply Add collector67 to your friends list Get a Link to this Reply
Lets see if that price shakes a few more out into the market.
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Canada
9866 Posts
 Posted 04/27/2014  6:12 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
I don't believe these are position markers.Why on earth would anything need to be marked on the face of of a die?
"Dipping" is not considered cleaning...
-from PCGS website
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collector67's Avatar
Canada
252 Posts
 Posted 04/27/2014  7:06 pm  Show Profile   Bookmark this reply Add collector67 to your friends list Get a Link to this Reply
DBM, what's your thought on them?
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Pacificoin's Avatar
Canada
5402 Posts
 Posted 04/27/2014  9:42 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Same as the Twenty Cent Piece so called die marker , probably just a dropped or blundered letter. Happened a lot on 19th century US minor coins. I agree totally with DBM.
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Alexer's Avatar
Canada
2632 Posts
 Posted 04/27/2014  9:48 pm  Show Profile   Bookmark this reply Add Alexer to your friends list Get a Link to this Reply
I agree with DBM, makes no sense.
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