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1851-O Three Cent Silver Piece Type 1

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Dearborn's Avatar
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 Posted 05/05/2023  7:58 pm Show Profile   Bookmark this topic Add Dearborn to your friends list Get a Link to this Message Number of Subscribers
New addition today, not the greatest looker, the obverse is stained somehow, and better looking ones sure ain't cheap,
This one while took a few hits in circulation, it still holds all the details - I place it at a low AU grade.
But this one is now mine and it will enter my 7070 album.
1851-O-Three-Cent-Silver-Piece-Type-1 1851-O-Three-Cent-Silver-Piece-Type-1
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HondoB's Avatar
United States
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 Posted 05/05/2023  8:14 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Nice one, Dearborn! That's a scarce one and prices rise exponentially as grade increases. I have one where the date is faded but the O is clear. One day, I'll get a nice one. And a 1838-O dime.
Inordinately fascinated by bits of metal with strange markings and figures
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Coinfrog's Avatar
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 Posted 05/05/2023  8:26 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Don't see this as AU! I'll say VG details (edge damage).
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Dearborn's Avatar
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 Posted 05/05/2023  8:28 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
Thanks Hondo
And yeah, I noticed that on a ton of these, the date appears to get worn down first. I was rather picky about being able to get one with a decent date visible. Which is why I 'settled' for this stained one.
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Dearborn's Avatar
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 Posted 05/05/2023  8:38 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
VG? c'mon Frog, you can give me a bit more than that. These coins were not struck up very well to begin with.


ebay item number:155210182444 Graded at AU50 and shows much less details than mine.

ebay item number:195612912945 Graded at AU58 and shows a bit more details than mine

Then there is this one Graded by PCGS at MS65 and mine looks WAY better with more detail than this one:
ebay item number:385589555591
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HondoB's Avatar
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 Posted 05/05/2023  8:42 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Coinfrog, this is the only year the New Orleans mint produced 3 cent silvers. They had problems with rusty dies from Day 1. Considering this, low AU is an appropriate grade.
Inordinately fascinated by bits of metal with strange markings and figures
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Dearborn's Avatar
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 Posted 05/05/2023  9:21 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply

Quote:
They had problems with rusty dies from Day 1

Rusty dies, huh! That could explain some of the texture on the fields.
Thanks Hondo.

(I'm stoked on this one - I got this one for under $400.00, and with only 720,000 minted, make me wonder how many actually survive today..)
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HondoB's Avatar
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 Posted 05/05/2023  10:21 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Dearborn, you did very well!

As for the conditions in the New Orleans Mint at that time, please read the following. I live in south Louisiana, and can attest to the oppressive conditions here in the summer months. It's beyond brutal without air conditioning and I am amazed that they were able to produce any coins whatsoever.

https://www.PCGS.com/news/the-new-o...int-part-one
Inordinately fascinated by bits of metal with strange markings and figures
Edited by HondoB
05/05/2023 10:22 pm
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Dearborn's Avatar
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westcoin's Avatar
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 Posted 05/06/2023  12:42 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
I'm at EF45++ only due to the granularity on the obverse, the rim chunk missing and the weakness on the rims. The reverse is AU IMO, however, over all the obverse has to give a bit more weight to the final total grade. A very tough piece in any thing above F anyways so a nice pickup, and a great addition to a collection.
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MisterT's Avatar
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 Posted 05/06/2023  07:20 am  Show Profile   Bookmark this reply Add MisterT to your friends list Get a Link to this Reply
Agree with Westcoin, I'm not seeing any luster to warrant AU. I see at as XF-45 with an obverse rim nick. Probably enough to details it. A difficult series to grade. If you compare to PCGS Photograde, the reverses are difficult to grade because they look the same from VF-30 to XF-45. The obverse shows the difference though. Still a nice coin to add to your 7070. Congrats!
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Alpha33's Avatar
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 Posted 05/06/2023  09:31 am  Show Profile   Bookmark this reply Add Alpha33 to your friends list Get a Link to this Reply
Nice, scarce date and mint but no way is that AU.....VF 30 maybe, but no way is it AU.

Here is my idea of an XF/AU..........My 2¢

1851-O-Three-Cent-Silver-Piece-Type-1
1851-O-Three-Cent-Silver-Piece-Type-1
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Coinfrog's Avatar
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 Posted 05/06/2023  10:10 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Okay, okay! I'll go sit in the corner.
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BStrauss3's Avatar
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 Posted 05/06/2023  11:18 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
I'm AU too...

Notice on the reverse the fine outside line on the "C" -- it's worn off the blob at the ends but still remains on the staff of the C:

1851-O-Three-Cent-Silver-Piece-Type-1

That is almost always the first detail to go.

https://www.PCGS.com/photograde#/3CentSil/Grades
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HondoB's Avatar
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 Posted 05/06/2023  12:36 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Alpha said

Quote:
Here is my idea of an XF/AU..........My 2¢

Don't you mean 3¢?
But that is a real beauty, Alpha!
Inordinately fascinated by bits of metal with strange markings and figures
Edited by HondoB
05/06/2023 12:37 pm
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