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1803 Draped Bust Dime

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What the beep's Avatar
United States
7 Posts
 Posted 01/02/2022  8:06 pm Show Profile   Bookmark this topic Add What the beep to your friends list Get a Link to this Message Number of Subscribers
Found this beauty metal detecting. Since it was dug, is it worth it to have it graded? I am curious as to its value (of course)!
1803-Draped-Bust-Dime
1803-Draped-Bust-Dime
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Adam590's Avatar
United States
753 Posts
 Posted 01/02/2022  8:23 pm  Show Profile   Bookmark this reply Add Adam590 to your friends list Get a Link to this Reply
Yes! Even if just to be authenticated. While this coin appears to have suffered environmental damage from its time in the ground, the details are very sharp! This is an AU (About Uncirculated) Details coin, I think!
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Coinfrog's Avatar
United States
94367 Posts
 Posted 01/02/2022  8:26 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Looks like LM-2. You should definitely send this to a major TPG.



to the CCF!
Edited by Coinfrog
01/02/2022 8:27 pm
Valued Member
Canada
363 Posts
 Posted 01/02/2022  8:28 pm  Show Profile   Bookmark this reply Add ironhorse to your friends list Get a Link to this Reply
Wow!
As a detectorist myself I've found my share of 'rare' coins in the ground and seen lots of low mintage coins emerge from the dirt. Sadly many are seemed 'details' due to corrosion, however, yours has fantastic detail remaining and is in remarkable condition from the ground...being a very low mintage issue, grading would give you a baseline to a value your find.
Remarkable recovery! A winner for sure!
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macmercury's Avatar
United States
5832 Posts
 Posted 01/02/2022  8:58 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Could be easily a high 4 figures or low 5 figures coin, I agree with other send it in to get it preserve and graded.
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jacrispies's Avatar
United States
3848 Posts
 Posted 01/02/2022  9:06 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
Wowowowowoowowow NICE find!

Worth a few thousand+ is my guess.
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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Slerk's Avatar
Russian Federation
1557 Posts
 Posted 01/02/2022  9:30 pm  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
We are waiting for the evaluation results TPG.
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Ty2020b's Avatar
United States
4680 Posts
 Posted 01/02/2022  9:35 pm  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
Wow, quite the find! definitely worth sending in. Whatever you do, do not try and clean it any further. If you want to attempt any conservation yourself, I would read up on safe processes here on the forum, otherwise, you can also request conservation with the TPG you select for grading.

I'd agree with AU Details , ED.

Congrats!
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Jaobler's Avatar
United States
6389 Posts
 Posted 01/03/2022  12:01 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Amazing and wonderful find. Congratulations!
Certified AU-50 examples of this date have sold for around $6000 in the last few years. This coin has AU detail, but has damage so the sale value would likely be less.
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jbuck's Avatar
United States
188770 Posts
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CoinHunter4's Avatar
United States
1086 Posts
 Posted 01/03/2022  1:25 pm  Show Profile   Bookmark this reply Add CoinHunter4 to your friends list Get a Link to this Reply
Extremely awesome find!
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numismatic student's Avatar
United States
11896 Posts
 Posted 01/03/2022  4:28 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Wow! What a beautifully preserved rare bust dime. Incredible that this was found in this condition in the ground. It must not have spent a lot of time there. Wonder how it ended up there. The 1803 is by far the rarest of the bust dimes in higher grades. The PCGS census top 10 for this coin includes AU53 coins which this one may be.

There were 5 die varieties of the 1803 dime and some are extremely rare. It would be advisable to have the grading service attribute the variety on the holder as you may have additional premium if it is a rarer variety.

Congratulations!
and
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Edited by numismatic student
01/03/2022 4:35 pm
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What the beep's Avatar
United States
7 Posts
 Posted 01/03/2022  5:03 pm  Show Profile   Bookmark this reply Add What the beep to your friends list Get a Link to this Reply
So I took it to a local coin shop today. He said it was cleaned at some time, and being it is environmentally damaged its value is around $1600. He also said they won't grade it due to it being environmentally damaged. He made no mention of die varieties. He said its not really worth sending it in for grading.
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numismatic student's Avatar
United States
11896 Posts
 Posted 01/03/2022  5:23 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Don't do any more business with that coin shop and send it in to PCGS. The coin shop probably does not know how to attribute for varieties and would have made a lot of money if you had sold it to them for $1,600. Their attribution means nothing. You want PCGS's attribution on their holder. You would probably tender it to an major auction house like Heritage for sale. Heritage will also help you submit the coin to PCGS. I would google Great Collections, contact Raeleen by phone and ask how they can help you auction this item. They will market the coin and sell it for no fee to you. There will be grading fees and they can help arrange the grading submission for you. They'll be cheaper than Heritage, Stacks, Legend or Goldbergs. Good luck.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
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macmercury's Avatar
United States
5832 Posts
 Posted 01/03/2022  5:43 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
$1,600 is rather on the low end, if you're not hungry for cash then I would hold it until you fully understand what you have. But you do need to send it PCGS or NGC to authenticate and have it attributed.
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numismatic student's Avatar
United States
11896 Posts
 Posted 01/03/2022  5:56 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
If you need cash, Great Collections and every other large auction house will give you a cash advance on this coin prior to sale nowadays. Likely more than $1,600. The important thing is that the auction houses' interests are aligned with yours. The more the coin sells for at auction, the more money they make in seller's fees. 10% in the case of GC, but higher at other top tier auction houses up to 20%. In the local coin shop, they will try to buy it for as little as possible.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
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