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1803 Draped Bust Dime

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What the beep's Avatar
United States
7 Posts
 Posted 01/03/2022  6:25 pm  Show Profile   Bookmark this reply Add What the beep to your friends list Get a Link to this Reply
Just to clarify...it's not about the money, I don't intend to sell it unless it was for a substantial (considerably more than 1600) amount. But I would like to know exactly what I have and what it would bring.
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numismatic student's Avatar
United States
11896 Posts
 Posted 01/03/2022  6:35 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
This is not a box of crackers. It is a rare coin and what it would bring depends on who is in a seat with money to shell out for this item. As such, the only way you can get an answer to this question is to put it up at a well-advertised auction and see what the market is willing to pay in a well-informed setting.

To get an indication of what you might expect through past transactions at multiple grades see here: https://www.PCGS.com/coinfacts/coin/1803-10c/4473

To get close to these results the coin needs to be graded and attributed by PCGS in this case.
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 6:36 pm
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BH1964's Avatar
United States
10982 Posts
 Posted 01/03/2022  6:47 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Great find! Assuming it went AU Details at a major TPG then I'd guesstimate a value of $3,000 to $4,000 retail.
ANA #R3154474
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What the beep's Avatar
United States
7 Posts
 Posted 01/03/2022  6:55 pm  Show Profile   Bookmark this reply Add What the beep to your friends list Get a Link to this Reply
Thanks for the input. I totally understand the cracker analogy...and I don't expect to get a concrete dollar value without putting it to auction. I think I want to hang on to it for awhile before I even consider selling it. I intend to send it to PCGS eventually though.
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GERMANICVS's Avatar
Germany
1849 Posts
 Posted 01/04/2022  12:57 am  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
Wonderful!

From the photos there are two varieties that come into question, JR-4 (R5), and JR-5 (R7).

I hope I am not mistaken, but from the photos it seems to be a JR-5, R-7+

Need to get this wonderful find attributed.



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jacrispies's Avatar
United States
3848 Posts
 Posted 01/04/2022  01:26 am  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
Disregarding the grade and a possible attributed variety, a simple plastic slab will keep the coin in safe conditions so it can be safely handled and examined. That is your personal benefit.

The grade and variety will be primarily used if/when sold to determine precise value.

Since it sounds like you are going to keep it, I would submit it anyway for the safety of the coin. Keep in mind that selling the coin will be a huge undertaking for someone unexperienced. The man who found a 1652 NE three pence worth six to seven figures sometimes wished he never found the coin in the first place. Be cautious and don't make any decisions without serious time and thought.
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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dsfreeworld's Avatar
United States
4337 Posts
 Posted 01/04/2022  08:18 am  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
This is some find! Congrats. The local coin shop is criminal. Enjoy this beauty and thanks for sharing.
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52Raymo's Avatar
United States
8517 Posts
 Posted 01/04/2022  6:51 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Incredible find !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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pristine2's Avatar
United States
1048 Posts
 Posted 01/04/2022  9:47 pm  Show Profile   Bookmark this reply Add pristine2 to your friends list Get a Link to this Reply
Ditto ... an outstanding ground find ... and terrible advice from the coin shop.

Well worth slabbing this coin.
Valued Member
United States
76 Posts
 Posted 01/11/2022  10:37 am  Show Profile   Bookmark this reply Add funcitypapa to your friends list Get a Link to this Reply
Great story. Congrats. You have received some very good advice here. I would not be in a rush to do anything other than preserve it, get eval by PCGS when ready, and enjoy.

One can only fantasize as to how and when that coin ended up in the ground
Pillar of the Community
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BigSilver's Avatar
United States
2843 Posts
 Posted 01/11/2022  10:41 am  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
Nothing to add except dittos. Congrats. Definitely contact GreatCollections and avoid that coin shop in the future.
New Member
What the beep's Avatar
United States
7 Posts
 Posted 02/15/2022  8:09 pm  Show Profile   Bookmark this reply Add What the beep to your friends list Get a Link to this Reply

1803-Draped-Bust-Dime

So it turns out it's actually a Half Dime. Fooled me, since it's larger than a mid 1800s Half Dime and slightly smaller than a dime. AU Details-bent (The bent part I don't see, but no matter)
New Member
What the beep's Avatar
United States
7 Posts
 Posted 02/15/2022  8:12 pm  Show Profile   Bookmark this reply Add What the beep to your friends list Get a Link to this Reply

1803-Draped-Bust-Dime
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Ty2020b's Avatar
United States
4680 Posts
 Posted 02/15/2022  11:37 pm  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
Guess we should have asked for weight. Regardless, an equally great find. Congrats again!
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numismatic student's Avatar
United States
11896 Posts
 Posted 02/16/2022  11:34 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Coinfrog called it LM-2 and thus recognized it as a Half Dime in the 3rd post of this thread the day that the coin images were posted. That was an amazing call.
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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