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Replies: 18 / Views: 3,749 |
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Pillar of the Community
778 Posts |
 Bill
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Pillar of the Community
United States
4415 Posts |
 Hi Bill ... Is this puppy yours? What's the story? Being unfamiliar with this "error", I'm suspicious!
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Pillar of the Community
 778 Posts |
Hi Exoguy,
Yes, it is mine. I've had it for a long time.
And yes, it is a "level partial collar" error, sometimes called a "railroad rim" error. (If I had one at hand, I would show an example of a "tilted partial collar".
Level ones are not real common on U.S. dollar-sized coins. <g>
B2
Edited by BillSnyder 06/06/2016 6:54 pm
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Pillar of the Community
United States
4415 Posts |
Cool item, Bill. It's the first I've seen as such. Part of the reason I get suspicious about pieces like this, especially Trade dollars, is that jewelers tended to turn them into box dollars; this, after they were demonetized. I took the liberty of enlarging a few of your pics, Bill.  
Edited by ExoGuy 06/06/2016 7:54 pm
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Pillar of the Community
 778 Posts |
Humm. Good point! Though partial collars are well-known error types, perhaps, being a Trade dollar, I should be suspicious of this one too. *** Edited by Staff - Please stop making your posts all bold. ***
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Pillar of the Community
United States
5823 Posts |
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Pillar of the Community
United States
4415 Posts |
I've personally preferred to get major errors slabbed. Because of this error location, slabbing would be counterproductive, methinks. A piece like this would surely have the most appeal to a specialist. Whomever is writing books on Trade dollars should include pics of this oddity!
Edited by ExoGuy 06/06/2016 8:36 pm
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Pillar of the Community
 778 Posts |
I had never before considered the possibility that a jeweler had cut down part of the edge of the 1878-S Trade dollar for mounting. It seems to me that, in that case, he would have made the smooth part of his work of smaller diameter, rather than larger (than the reeded section), for easy mounting. I pulled out my collection of US and World level partial collars* and compared the edges. In all cases, the edge reeding is about 1mm shy of the larger, smooth, edge. Am I making sense?  Including an 1878-S Morgan dollar, a 1902 British Trade dollar, a 1972 Krugerrand, a 1976 Egyptian pound, and assorted others. Bill Btw, does anyone here actively collect these errors? If so, please write. *** Edited by Staff - Please stop making your posts all bold. ***
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Pillar of the Community
United States
4415 Posts |
Hi Bill ... Just to clarify, I'm thinking, in all liklihood, that your coin is a genuine error. I'm just naturally suspicious when I see pieces like this. Over the years, I've seen some amazing coin alterations that were done by nineteenth century machinists. This copper "pie crimper" wheel is a case in point:  
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Pillar of the Community
 778 Posts |
I like your "pie crimper".
Thanks for showing!
Bill
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Pillar of the Community
United States
6381 Posts |
The Coin Galleries auction listing provides credibility for this error. Coin Galleries is or was a division of Stacks and they should have had ample expertise to confirm authenticity.
The newer NGC and PCGS holders display sections of the rim which might make certification a more attractive option. This piece would probably fetch a higher price (when sold!) if it were slabbed.
Very nice and desirable error, congrats! Do you happen to know what the auction price was back in 1984?
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Pillar of the Community
 778 Posts |
Sadly, I do not know the auction price. I acquired the coin, with its Coin Galleries ticket, 8 years later.
Bill
*** Edited by Staff - Stop Posting in All Bold - PLEASE ***
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Bedrock of the Community
United States
62064 Posts |
It looks legit. The area not showing the reeds is taller. So it couldn't have been shaved off. 
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New Member
United States
2 Posts |
Bill, Two questions; 1) Do you still own this coin? 2) How does one place a value on a coin like this. I collect Trade dollars exclusively and the number of errors that I've seen total is less than 8. Reagrds, keoj
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Pillar of the Community
 778 Posts |
Hi keoj, I recently sold it to a collector of Trade dollars. I suggested a price and he did not quibble.  Bill
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Pillar of the Community
United States
2563 Posts |
Awesome coin! 
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Replies: 18 / Views: 3,749 |