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1857 Dime Stack's W 57th Collection

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GR58's Avatar
United States
11951 Posts
 Posted 04/03/2016  09:23 am Show Profile   Bookmark this topic Add GR58 to your friends list Get a Link to this Message Number of Subscribers
I recently saw one of these slabs on CCF. I saw this one
and thought I would add one to my collection.

This is just a common Seated Liberty dime, but I do like to
add variety to my collection.

Opinions?

Do you add coins to your collection .. just because you
you think they are interesting ... or do you stay focused


1857-Dime-Stack's-W-57th-Collection

1857-Dime-Stack's-W-57th-Collection

1857-Dime-Stack's-W-57th-Collection
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coinlover1899's Avatar
United States
3058 Posts
 Posted 04/03/2016  11:10 am  Show Profile   Bookmark this reply Add coinlover1899 to your friends list Get a Link to this Reply
I add them to my collection because I think they are interesting. VERY VERY VERY rarely do I stay focused....




Oh, sorry, I was looking at a bird. Now what was this thread about?

LOL
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dave700x's Avatar
United States
10625 Posts
 Posted 04/03/2016  11:29 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
I stay focused but my focus tends to vary a lot.
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ExoGuy's Avatar
United States
4415 Posts
 Posted 04/03/2016  12:12 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
I try to focus on interesting coins ... after a cold one

1857-Dime-Stack's-W-57th-Collection

P.S. - THE BUSINESS, LOCATED IN NEWARK, NJ, WAS STARTED BY CHRISTIAN FEIGENSPAN AND CONTINUED TO 1943. THE BREWERY WAS FIRST LOCATED ON CHARLETON STREET IN 1875. A BOTTLING PLANT & BREWERY WERE BUILT ON FREEMAN STREET IN 1880. THIS SLOGAN WAS ALSO STAMPED ON A PERIOD MATCHHOLDER. THIS HOST COIN IS AN 1875-S SEATED HALF.
Edited by ExoGuy
04/03/2016 12:24 pm
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oriole's Avatar
Canada
5239 Posts
 Posted 04/03/2016  12:16 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
@GR58, why only "genuine"? I can't spot any obvious defects in it. Maybe it is clearer in the hand?
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billjones's Avatar
United States
1499 Posts
 Posted 04/03/2016  12:43 pm  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
I don't know why they labeled that coin "genuine." It looks like a dirty old VF to me.
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BStrauss3's Avatar
United States
4589 Posts
 Posted 04/03/2016  1:40 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
There were over a million coins in the hoard... there were also hints that Stacks had been cherrypicking for a while.

http://old.stacksbowers.com/newsmed...hoard-u.aspx


Quote:
The hoard, which contains over a million coins, ranges from bags of large copper cents and Capped Bust half dollars, to Morgan and other silver dollars. Other coins include Washington quarters, Franklin half dollars, bags of Flying Eagle and Indian Head cents, nearly 10,000 1909 V.D.B cents, and more. Most are in circulated grades, and will appeal to collectors seeking coins that are both historical and affordable. The market value is estimated to be well into eight figures, with initial estimates ranging from $15 to $20 million.


It was so big even Stack's couldn't unload it all... http://www.coinweek.com/coins/news/...treet-hoard/


How well they were sorted into grade and bulk is not clear. At least in the 3 cent silvers, I was not impressed with most of the pieces I saw - called them 'gift' grades - so I guess at some point you just slab 'em w/o grading to save a few $... if there's nothing obviously wrong you could crack and resubmit. I don't think the 'pet'igree adds anything.

-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/03/2016  5:07 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
oriole and bill - same question here.
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GR58's Avatar
United States
11951 Posts
 Posted 04/03/2016  6:31 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
As BStrauss3 posted.

There were so many coins in the collection, I am sure they gave
A break on the slabbing fee, to not assign a grade.

Many of the ones I see on ebay do have grades, but they are
higher value coins.
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yelimsexa's Avatar
United States
186 Posts
 Posted 04/04/2016  07:34 am  Show Profile   Bookmark this reply Add yelimsexa to your friends list Get a Link to this Reply
Given that I already have that same coin in VF condition, I just see it as another slab that indicates a collection/business. Unless if the owner of a coin was a celebrity as opposed to a dealer (with a few exceptions), I wouldn't be willing to obtain such special slabs. Good luck certifying a label with B. Max Mehl or Lyman H. Low now.
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 04/04/2016  08:35 am  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
i think there was so much scrutiny on these coins due to the volume they had that only totally problem free ones made the grade. This coin has two obvious scratches on the obverse mirror and a couple of marks on the relief with a touch of environmental damage.

They did want to flood the market with "graded" examples and upset the balance of their already manipulated price sheets. I can respect that. Why give this a VF30 if it is not in perfect VF condition?
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