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1869/68 Shield Nickel

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HalfCenturyCollector's Avatar
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 Posted 08/29/2015  4:56 pm Show Profile   Bookmark this topic Add HalfCenturyCollector to your friends list Get a Link to this Message Number of Subscribers
Hi,

I purchased the following coin from a reputable dealer about 25 years ago. Ever since, I haven't been able to find it listed in any coin reference book. Can anyone here shed any light on this coin and/or what its possible value might be today? Being new to this forum, I hope my uploading of this image goes OK to allow it viewed in sufficient detail. Thanks.

1869/68-Shield-Nickel

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John1's Avatar
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 Posted 08/29/2015  5:20 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. I think we need a close up of the date to help you out.
John1
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Coinfrog's Avatar
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 Posted 08/29/2015  5:29 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Yes, a sharp full-screen blow-up of the date is the only way for us to offer a useful opinion. I'm sure all of us would like to help identify a new variety!

Edited by Coinfrog
08/29/2015 5:32 pm
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HalfCenturyCollector's Avatar
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 Posted 08/29/2015  6:08 pm  Show Profile   Bookmark this reply Add HalfCenturyCollector to your friends list Get a Link to this Reply
Played around a bit with the tools I have and the best I can do is below - hope this helps.



1869/68-Shield-Nickel
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John1's Avatar
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 Posted 08/29/2015  6:44 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
That's better. Give it a bit and more members will chime in.
John1
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MeadowviewCollector's Avatar
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 Posted 08/29/2015  6:45 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
There are several RPD's known for 1869 I'm guessing this is one of them.

http://www.ngccoin.com/coin-varieti...ls-vscid-32/

-MV
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 Posted 08/30/2015  9:47 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I think it's just a repunched date. not a 9'8 but just a 9/9. However, with something like this I'd say why not spend a few dollars and send it to a TPGS. Might be a winner.
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edweather's Avatar
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 Posted 08/31/2015  11:03 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
with above 2 posts.
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CoinHuntingDrew's Avatar
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 Posted 09/01/2015  10:14 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
I'd send it to PCGS or NGC, maybe ANACS for opinions. It's a beautiful coin that IMHO shouldn't be kept raw.
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SsuperDdave's Avatar
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 Posted 09/02/2015  11:36 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Could we have the reverse, please, to help narrow things down? 2 different obverse and reverse designs were used in 1869. The obverses are differentiated most easily by the arrow left of the date - if the upper back point of the arrowhead is notched, it's Obverse A and if it ends on an angle cut it's Obverse B. Pretty sure I see the notch of Obverse A here.

On the reverse for 1869, concentrate on the star whose point aims at the AM in AMERICA. If that point aims towards the space between the letters, it's Reverse IIa; if it aims at the left leg of the M it's Reverse IIc.
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HalfCenturyCollector's Avatar
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 Posted 09/02/2015  12:21 pm  Show Profile   Bookmark this reply Add HalfCenturyCollector to your friends list Get a Link to this Reply
It appears to be aimed toward the gap as seen below:



1869/68-Shield-Nickel
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mdpmedia's Avatar
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3546 Posts
 Posted 09/03/2015  04:44 am  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply

Quote:
We need the most data possible to help the process.


I just picked up a 2006 Official Red Book called, 'Shield and Liberty Head Nickels' by Q. David Bowers.

For the 1869 Shield nickel analysis it states,

'Other varieties - Several with slightly doubled dies and/or repunched dates are listed by Fivaz-Stanton, Fletcher, and Peters-Mohon.

Breen's "1869/8 overdate," B-2480, has been discredited.

Coins struck with the combination of Obverse Style 1b and Reverse Style D are rare.'

I really like this paperback book of 280 pages because it has several side-by-side photos covering both the Shield and V nickel series.


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HalfCenturyCollector's Avatar
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 Posted 09/03/2015  06:42 am  Show Profile   Bookmark this reply Add HalfCenturyCollector to your friends list Get a Link to this Reply
Thanks for the enlightening, although somewhat discouraging, info mdpmedia. I was hoping I had a rare valuable coin in my possession based on the original selling description for the coin back in 1990 when I purchased it which was as follows:

1869/8 Select BU, Breen states "Extremely Rare". Unlisted in the " Red Book". The only one we've ever seen!

I still think I'm going to follow CoinHuntingDrew's advice and submit it to one of the authenticating/grading services for assessment. I will not be doing that until the end of this month, though, as I will be traveling for a few weeks. When I hear back on the results of that, I'll post the outcome to this thread.

This is my first post in these forums and it's easy for me to see there's a multitude of knowledge out there possessed by the members. Thanks to you all for the education you guys have provided me with so far.
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HalfCenturyCollector's Avatar
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 Posted 09/30/2015  08:34 am  Show Profile   Bookmark this reply Add HalfCenturyCollector to your friends list Get a Link to this Reply
Info update:

Since I never sent a coin away for grading/authentication, I sought out help from a coin dealer to assist me in this. I searched for one who was a member of the various services and selected Rare Coins of New Hampshire (RCNH) even though they were more than an hour's drive for me. They are members of PCGS, NGC, CAC, ICTA, and PNG. They have been in existence for 25 years and the Better Business Bureau gives them an A+ rating, so I thought I could put my trust in what they said. I met with Joe who was quite knowledgeable about the coin and referred to his CherryPickers' Guide (note: the 6th edition of this book will soon be out). His first comment was that I shouldn't be using the PVC-based holder that the coin was delivered in and gave me a mylar one to use instead. He compared the coin to the several illustrated varieties listed in the book and concluded that it was a repunched date, not a 9 over 8. He related a number of different reasons why this might have occurred back then. So, I took a chance back in 1990 purchasing the coin for $450 hoping it would be a good rare coin investment, but like I told Joe, I guess it pans out similar to my lottery ticket investments!
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