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What's A New Die Variety Of A Bust Dollar Worth?

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Andrew99's Avatar
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 Posted 04/24/2016  09:26 am Show Profile   Bookmark this topic Add Andrew99 to your friends list Get a Link to this Message Number of Subscribers
If you discover a new die variety, as someone did last year of a 1798 dollar, what sort of premium would be associated with it? At this point in history, a new variety would have to be an high R7 or R8. There are very few collectors of Bust dollars by variety, so I'm wondering what kind of premium to associate with it.
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MeadowviewCollector's Avatar
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 Posted 04/24/2016  5:57 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
Great question Andrew and one I cannot comment on as Bust Dollars are an area I know little about.

I don't know if you sent an email to the one listed at the bottom of this site http://www.earlydollars.org/index.asp if you'd get a reply.

Have you uploaded pictures of your coin to this site? If not perhaps posting in the grading forum where more eyes are likely to see your inquiry.

-MV
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Andrew99's Avatar
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 Posted 04/27/2016  11:51 am  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
What an interesting organization. I've bought Bust Dollars from a number of them. What does this organization do other than run this website?

I was just considering a variety that is a previously known die marriage, but missing a die clash that must have occurred very early in the mintage run as its almost never seen without it. I believe this would be considered a die state rather than a proper variety, but I'm not sure of what kind of premium it might be worth.
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mdpmedia's Avatar
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 Posted 05/06/2016  03:54 am  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply

Classifying a die clash as a variety has always been something of a mystery to me since if one looks at appendices listing Fivaz/Stanton number charts; very, very few clashes exist with associated FS #s for most US coins in general. I wouldn't hold my breath on that one.

But to be honest I'm not really sure if FS #s even apply to Bust Dollars (since I don't own any) but the overall theme of what I'm attempting to portray for your coin should be analogous to other US coin denominations regarding varietal designations for die clashes etc...








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mdpmedia's Avatar
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 Posted 05/06/2016  04:04 am  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply
w/r/t valuations:


Quote:
...what sort of premium would be associated with it(a new die variety).... wondering what kind of premium to associate with it.


I think that SsuperDdave clarified this topic the best when referring to the recently discovered and super rare 1919 DDO Mercury dime:

"Only two means it's a dream coin except for the two deep pockets at the top who won't face much pressure. Ten is still ridiculously rare while offering sufficient examples for competition. I bet the Top Pop of 10 fetches more at auction than the Top Pop of two."

For an extremely interesting read with a somewhat analogous situation to yours in terms of rarity/valuation with SD's aforementioned comments 'Posted 02/27/2015 2:41 pm' you might like to check out this dime at:





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Andrew99's Avatar
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 Posted 05/12/2016  2:27 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
Bolender considers a die clash to be a subvariety within his main variety classifications. In this case, it was an 1800 B-17 that did not have the "collar" on it, which occurred so early in the mintage that without it, it is probably an R7. It was mentioned by Reiver in his re-work of Bolender as "he has seen it", though Bolender had not. Not sure if its worth much more than its grade would indicate as no one really collects dollars by variety anymore. If it were a half, it would be a different story likely.
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