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Updated: 1884 3CN - It Appears That This Is For Real...

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Prethen's Avatar
United States
3234 Posts
 Posted 02/26/2008  10:51 am Show Profile   Bookmark this topic Add Prethen to your friends list Get a Link to this Message Number of Subscribers
NOT a business strike - intended as Proof (see post below; dated 4/25/2008)

There are very few "experts" in the 3CN field. I've had three people who I highly respect look at many images of the coin (the edge images, which were not the greatest are not below) and they all either tentatively or firmly conclude....Business Strike!. I must also concur with this conclusion. The person in the "tentative court" is the person who I intend to send the coin to for a secondary look and then (hopefully!) submission to PCGS. This is one (rare) case where I would heavily lean towards getting it in reputable plastic due to its rarity and future saleability.

Assuming that all is good...this is one very rare piece. Plus, there's a 5-degree reverse clockwise rotation to boot. Alan Gifford's book notes that this is from a Proof-only die but the date type doesn't seem to match. I've already heard from a couple of sources that dispute Gifford's findings.

The first pictures are from a scanner so the coin will be somewhat darker. The pictures below that make the coin a bit brighter than in hand.

Updated:-1884-3CN---It-Appears-That-This-Is-For-Real... Updated:-1884-3CN---It-Appears-That-This-Is-For-Real...
Updated:-1884-3CN---It-Appears-That-This-Is-For-Real...
Updated:-1884-3CN---It-Appears-That-This-Is-For-Real...
Updated:-1884-3CN---It-Appears-That-This-Is-For-Real...
Updated:-1884-3CN---It-Appears-That-This-Is-For-Real...
Updated:-1884-3CN---It-Appears-That-This-Is-For-Real...
Updated:-1884-3CN---It-Appears-That-This-Is-For-Real...
Edited by Prethen
04/25/2008 2:20 pm
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amac44's Avatar
United States
3242 Posts
 Posted 02/26/2008  11:13 am  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
Sure it looks real and a nice grade to!
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1sikevo's Avatar
United States
1130 Posts
 Posted 02/26/2008  11:34 am  Show Profile   Bookmark this reply Add 1sikevo to your friends list Get a Link to this Reply
I know little about the series but the denticles seem to indicate a business strike. They are not sharply cut like most proofs.
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MarkJ's Avatar
United States
130 Posts
 Posted 02/26/2008  12:50 pm  Show Profile   Bookmark this reply Add MarkJ to your friends list Get a Link to this Reply
That is a beauty!
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wbryan09's Avatar
United States
32 Posts
 Posted 02/26/2008  12:58 pm  Show Profile   Bookmark this reply Add wbryan09 to your friends list Get a Link to this Reply
It's a beautiful looking 3CN without doubt! But I agree on the sharpness of detail, I vote that it's a business strike.
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gussyboy1's Avatar
United States
174 Posts
 Posted 02/26/2008  2:03 pm  Show Profile   Bookmark this reply Add gussyboy1 to your friends list Get a Link to this Reply
ThaT is quite a BEAUTY! Best of Luck with it and please keep us informed on it.

Gussyboy1
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jbakic's Avatar
United States
251 Posts
 Posted 02/26/2008  2:47 pm  Show Profile   Bookmark this reply Add jbakic to your friends list Get a Link to this Reply
Congratulations Prethen. That is one fine score.
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Vaslin's Avatar
United States
914 Posts
 Posted 02/26/2008  3:54 pm  Show Profile   Bookmark this reply Add Vaslin to your friends list Get a Link to this Reply
Congrats Prethen! :D
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gbchaosmaster's Avatar
United States
328 Posts
 Posted 02/26/2008  5:14 pm  Show Profile   Bookmark this reply Add gbchaosmaster to your friends list Get a Link to this Reply
Amazing coin. with 1sikevo about the denticles, they're too weak to be proof.
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Prethen's Avatar
United States
3234 Posts
 Posted 02/26/2008  5:20 pm  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
FYI...as I learned myself recently, the denticles can NOT be used to determine if it's a Proof or not. Believe it or not, the Mint evidently pressed these things out with a single strike sometimes and sometimes without enough pressure to raise all the details...BUT they used Proof dies and intended those pieces as Proofs. Yeah, I know...what the heck! That's why it can be difficult to near impossible to tell the type of strike on these things. If it circulated too much, unless there's a crystal clear diagnostic, forget about it.
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okie-colin's Avatar
United States
1083 Posts
 Posted 02/26/2008  5:42 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
Prethen, another great acquisition for the undisputed king of the Three Cent Nickel collectors. I congratulate and salute you sir!
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of-grampa's Avatar
United States
302 Posts
 Posted 02/26/2008  6:34 pm  Show Profile   Bookmark this reply Add of-grampa to your friends list Get a Link to this Reply
Just an absolutely beautiful coin. I'd get it into plastic also
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m9frank's Avatar
United States
628 Posts
 Posted 02/26/2008  7:25 pm  Show Profile   Bookmark this reply Add m9frank to your friends list Get a Link to this Reply
Way to go Prethen! Sounds like your specialized knowledge paid off big! Congratulations.

When I need a 3CN expert I know who to contact.
Valued Member
United States
281 Posts
 Posted 02/28/2008  7:23 pm  Show Profile   Bookmark this reply Add Gary to your friends list Get a Link to this Reply
Bruce, I have to agree that your coin was probably prepared as a business strike. I have compared most of my 3¢'s edges an can see no differences between some business strikes and proofs. If proof dies were used for business strikes then I would assume the same collar in the press would also be used. If that is the case then it would be virtually impossible to distinguish one from the other with the exception of mirrors on the coin and planchet preperation. If the proof dies were not maintained or repolished during striking the mirrors would disappear and one could consider it a business strike or could you. A person could surmise that without specific die markers on a coin die that it could be either a proof or business strike. Certain proof dies had die markers that make verification easy and others don't. Planchet preperation would have a lot more to do with attribution of a proof vs business strike than the die would if some proof dies were used to also strike business strikes. I know that proof planchets were specially prepared and business strike planchets were normally prepared. If proof dies were used for all business strikes for a particular year, then wouldn't they all be considered proofs and none as business strikes. Terminology and interpretation is all there is left.
Like I told you before, Some known facts raise a lot more questions than answers.
Gary
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Prethen's Avatar
United States
3234 Posts
 Posted 04/25/2008  2:18 pm  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
Unfortunately, John Dannreuther has taken some time to investigate this coin (in hand) and has determined that it's a mid-state Proof die (with a known rotation). This is a serious bummer. I've been in touch with the seller prior to his final analysis and they're okay with and aware that it will be coming back to them. I can't wait to get that final part over with and hopefully I won't hit any glitches for the return.

I even told John, this will likely be the last time I attempt to buy a raw 1884-1885 3CN. I can't imagine any decent AU raw ones exist any more that aren't already in strong hands. I have serious doubts I'll ever be able to own/afford either of those two coins.
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1sikevo's Avatar
United States
1130 Posts
 Posted 04/25/2008  2:48 pm  Show Profile   Bookmark this reply Add 1sikevo to your friends list Get a Link to this Reply
Sorry to hear that Bruce.
Another reason I will only buy key/rare coins certified.
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