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1979 SBA My First Close Date!

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Author Previous TopicReplies: 7 / Views: 844Next Topic  
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Newbie234's Avatar
United States
1386 Posts
 Posted 05/11/2017  09:07 am Show Profile   Bookmark this topic Add Newbie234 to your friends list Get a Link to this Message Number of Subscribers
This is the first one I've come across. It's either low date,wide rim,or close date. But thanks for looking!

1979-SBA-My-First-Close-Date!

1979-SBA-My-First-Close-Date!
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John1's Avatar
United States
56855 Posts
 Posted 05/11/2017  09:40 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Not bad. They are known as near date.
John1
Bedrock of the Community
United States
10284 Posts
 Posted 05/11/2017  09:59 am  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
or wide rim
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CoinCents's Avatar
United States
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 Posted 05/11/2017  10:08 am  Show Profile   Bookmark this reply Add CoinCents to your friends list Get a Link to this Reply
Nice find Newvbie
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Dave42's Avatar
United States
571 Posts
 Posted 05/11/2017  1:01 pm  Show Profile   Bookmark this reply Add Dave42 to your friends list Get a Link to this Reply
Nice find, still looking for one of these. Thought I had one once, looked at the gap between the 1 and the rim, and it looked close!! Then I looked at the rest of the date...it was 1999, not 1979.
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koinpro's Avatar
United States
1781 Posts
 Posted 05/11/2017  1:27 pm  Show Profile   Bookmark this reply Add koinpro to your friends list Get a Link to this Reply
Up until the mid-1980s this coin was totally ignored. I put this coin on the map in the 1980s when I started advertising it every week/month in my 1/4 to full page ads in Coin World, Numismatic News and COINage Magazine.

I sold thousands of BU examples mostly in the $25 range until the supply started to run dry. Seemed like every time I started to run short somebody would call and tell me they went through their bag(s) and found 200, 300 and once - 800 pieces. I paid $5 each for them and my profit was about $10 per coin after advertising costs.

I remember after a couple years of offering them for sale like this Ken Bressett added them into the Red Book. The first year they listed the "Far Date" as the scarce one. I saw Ken at an ANA show and told him what the mistake was and he said they'd fix it in the next edition - and fixed it was!

I hate the design on this coin but the Near Date leave me with fond memories of being a part of being what got the coin recognized by a broader collecting public.


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John1's Avatar
United States
56855 Posts
 Posted 05/11/2017  2:01 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Nice to hear from you Mr. Potter.
John1
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Newbie234's Avatar
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1386 Posts
 Posted 05/11/2017  2:52 pm  Show Profile   Bookmark this reply Add Newbie234 to your friends list Get a Link to this Reply
Koinpro, I love the story and thanks to you we know what the true oddity is. Thank you!
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