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Replies: 16 / Views: 3,916 |
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Pillar of the Community
Canada
1505 Posts |
mentioned in a recent post, the coin did arrive yesterday. here it is..  would you have bought it  and if so, what would be your maximum amount  this coin is missing in most collections in ANY grade!  
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Pillar of the Community
United States
7618 Posts |
That is so unfortunate, but when it happened the person that did it had no clue as to what they were destroying.
It is worth whatever you paid for it. If you like it, and it fills a hole in your collection, is all that really matters.
At least the hole is in a place on the coin that can be filled in and engraved by an expert coin repair service without touching the date. All you have to decide is if the cost of the repair makes you feel better about owning the coin.
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Pillar of the Community
 Canada
5394 Posts |
I would not buy it for myself, but would for resale. Scarce coin to say the least.
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Pillar of the Community
Canada
3049 Posts |
Very hard coin to aquire in any condition.. absolutely correct....
I don't mind the hole in this one as one knows it was probably a piece of jewelery at some point... It had been cherished.
If it was in a more common date coin I probably would pass.. but if this was offered to me.. I would probably pick it up.. and upgrade when I had the opportunity and funds.
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Pillar of the Community
 Canada
1505 Posts |
Pacific, what would u price it at?
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Pillar of the Community
Canada
4227 Posts |
I like it, but pretty much only because of the date. I would not have a clue on pricing.
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Pillar of the Community
Canada
2366 Posts |
I would prefer it to a hole in my collection. I might go somewhere between $50 and $100 for it to fill that hole. Fortunately I already have a G4 so don't need to make that tough call!
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Pillar of the Community
 Canada
5394 Posts |
47 hard to fix a price, but I once bought an 1884 Rare date dime that was bent fairly badly. The dealer wanted 25 per cent of good4 money. At the time around 50 bucks. Ball park if I was buying to resell an 1889 such as yours pay around $150US or so. Too bad the hole is not a bit smaller it could be fixed fairly well. Sure not many nice 1889 dimes around, IMHO probably one of the rarest circulation strike Canadian decimal coins of the entire series .
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Pillar of the Community
798 Posts |
Can someone please fill me in on why that date is so rare. With 1921`s the story is they were melted, is that the story with 1889 dimes 
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Bedrock of the Community
Australia
21786 Posts |
Very sad key space filler. Being this worn with fatal hole, about $50 max. to my way of thinking, but still a heck of a premium over melt.
I have owned severely damaged rare coins before, but dissapointment finally forces me to sell them all.
Edited by sel_69l 12/25/2014 09:06 am
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Pillar of the Community
 Canada
5394 Posts |
Normic there are a couple of theories the most likely being that the mint report for the period in question is wrong and that most ten cent coins ISSUED in 1889 were dated 1888. Another theory is that an entire shipment of them was lost at sea (unproven). The 1888 ten cents is acquired rather easily and I can state with certainty the 1889 is very tough to acquire in any kind of grade. That is why even the OP coin is collectible with a hole.
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Bedrock of the Community
Canada
10743 Posts |
Quote:would you have bought it  In a blink of an eye, very hard to come by and would have filled that dang hole. 
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Pillar of the Community
798 Posts |
Thank you Pacificoin. If you were to go to a good enough coin store they might just have one but there's 2 good ones on ebay I would still not buy for there condition. Why would someone let it circulate for so long being as rare as it is and even put a hole in it... some people. Tough coin to find in deed.
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Pillar of the Community
 Canada
1505 Posts |
this coin came from an overseas estate and I venture to say that the hole was made absolutely innocent at the time, for whatever reason.
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Pillar of the Community
 Canada
5394 Posts |
No doubt it was innocent! Always seems that the rare coins get attacked the most!
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Pillar of the Community
United States
4233 Posts |
Seems like it was holed to display the reverse and not the obverse - was this the common "fashion"? Did somebody know it was rare and wanted to show off the date?
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Replies: 16 / Views: 3,916 |