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Draped Bust Dollar With Cop Marks

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 Posted 08/18/2010  4:54 pm Show Profile   Bookmark this topic Add ame5057 to your friends list Get a Link to this Message Number of Subscribers
I was wondering if anyone had any information pertaining to a draped bust dollar with chop marks? I know they were most commonly used on Trade dollars and Spanish milled, but after searched, couldn't find anything about them on bust dollars. Any information would be greatly appreciated! Thanks!

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nod2003's Avatar
United States
3294 Posts
 Posted 08/18/2010  5:18 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
I would be cautious about the authenticity of that dollar.
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echizento's Avatar
United States
23731 Posts
 Posted 08/18/2010  5:51 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
to the community.

I would like ti see clearer images of both sides of the coin, but my feeling is that this is a recent Chinese fake. Can you tell us were you got it from?
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 Posted 08/18/2010  6:06 pm  Show Profile   Bookmark this reply Add ame5057 to your friends list Get a Link to this Reply
I work in a coin shop, and the coin is certainly not a fake. I don't remember where I originally got it. It doesn't make any sense for someone to deliberately destroy a coin worth this much though. Here is a little clearer picture of the front, and a pic of the back. Again, thanks for any information!

Draped-Bust-Dollar-With-Cop-Marks

Draped-Bust-Dollar-With-Cop-Marks
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biokemist6's Avatar
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12437 Posts
 Posted 08/18/2010  6:23 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
It looks alot more like indiscriminate damage than Chinese characters
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 Posted 08/18/2010  6:43 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Yes ame5057, the coin is authentic. In fact, it is a very scarce variety.

The coin is Bolender-30 (B-30) which is an R-5 and is easily identifiable (even with the low picture quality) by the distinctive rim break with cracks shooting in either direction under the date indicating late die state.

As far as what you are calling 'chop marks', I'm not so sure about that.....Possible, I imagine, but it really looks more like PMD to me. Chop marks are normally of distinctive designs. This looks more like repetitive beating with a nondescript punch.

Edited for politeness.
Edited by zeewool
08/18/2010 7:02 pm
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Moe145's Avatar
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 Posted 08/18/2010  6:45 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply

Quote:
It looks alot more like indiscriminate damage than Chinese characters




None of the marks appear to be a signature "chop mark".

I have never seen anything like this, though. (It kind of breaks my heart since it happened to a very nice rare coin.)



Oh...

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 Posted 08/19/2010  09:07 am  Show Profile   Bookmark this reply Add ame5057 to your friends list Get a Link to this Reply
Thank you all for the information! It is greatly appreciated. Still not sure what we will do with it though....
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 Posted 08/19/2010  10:05 am  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Well, since you work in a coin shop, probably the best option would be to try to sell it. If for whatever reason that option is not possible, You might consider drilling a hole in it and wearing it as a necklace, or maybe it might be interesting to see how many times it will skip across the surface of a lake.

Seriously though, the coin's value is hindered dramatically by those marks, so despite what you may have invested it the coin, your best bet may be to ebay it. There are folks who can live with those marks, and a lot more of those folks look at ebay than will stroll into your shop. I would expect $400-$600. I don't know how much grading and attribution would help it, but the variety labeled on an ANACS slab sure couldn't hurt.
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 Posted 08/19/2010  11:14 am  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
For comparison purposes, here is another hacked up R-5 in a slab....people do buy them, and someone who knew this had it attributed (not me), but my buyer did find it for me as shown.



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I imagine that since you are unfamiliar with chop marks, your store might be a fledgling business. I recommend sticking to coins that are unquestionable like this slabbed Bolender-3... R-6.



Draped-Bust-Dollar-With-Cop-Marks

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or even something like this half dollar O-117

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The dollar below was once a necklace pendant, but now has potential as a lake coin, 'or' about $600 on ebay, but maybe half of that in a coin store. Don't try to sell junk like this in your store, it will give an uneasy feeling to viewers of the rest of your wares :



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