| Author |
Replies: 13 / Views: 2,830 |
|
|
Pillar of the Community
Canada
1442 Posts |
This is a variety not in Charlton but known to the old timers.  The D in CANADA is triple punched and it has a micro D.  I was wondering if anyone knew the relative rarity of this one  , especially if its more common or more rare than the 1881H Micro D  I got this one for the plugged O in VICTORIA but discovered the micro D hiding under some dirt  
|
|
|
|
Pillar of the Community
 Canada
9866 Posts |
Nice coin I don't see the micro D Compare to the one dan-in-crystal-lake has as his avatar,
|
|
Pillar of the Community
 Canada
1442 Posts |
You're talking about the wrong coin. Dan's coin is the 1881H. This is the 1882H.
The micro D is very clear but closer to the top part of the D.
|
|
Pillar of the Community
 Canada
9866 Posts |
Other than for die or die state identification,I don't understand the attraction for large cents such as this. Never could understand why anyone but collectors who research these kinds of things would find them interesting. Sometimes it seems as though there's a herd mentality in Canadian coin collecting,we can't all afford what's truly rare or significant,so we buy and sell at increasing premiums,varieties which are only truly significant to a very few. I believe that fifty years from now,while the discoverors of these varieties will be remembered,the premiums attached to them will be insignificant And I still don't see a micro D
|
|
Pillar of the Community
 Canada
1442 Posts |
Well...2011 - 1882 = 129 years.
129 years later, a large group of people care and put down money to own these.
Why are varieties selling in Canada for $100s, $1000s and $10,000s dollars?
What do you think the 1936 dot cent is...its a $400,000 variety.
Why do US collectors spend $10,000s, $100,000s and millions of dollars on US variety coins?
I guess they're all crazy :)...lol
|
|
Pillar of the Community
Canada
677 Posts |
It sure looks like the micro D but it also looks like just a triple punched D. The upper seriff of the D in the first or second punching may all it will ever be. Sure looks awesome though. I'm going to keep my eyes open.
|
|
Pillar of the Community
 Canada
1442 Posts |
I'm waiting on some hawthorn thorns to get the last of the crud out :)
|
|
Pillar of the Community
Canada
2301 Posts |
I do not see a micro D......
|
|
Valued Member
Canada
372 Posts |
|
|
Pillar of the Community
United States
629 Posts |
These varieties to me seem like for people who have a lot of time to look for them. When they find them, they make a big deal out of it when in my mind, it's really not worth spending the money on. If I looked at my pile of large cents and found one of these "rare varieties" I would put it on ebay but my thoughts go towards the rare varieties have only a few rare buyers and I would never get the prices that you suggest that they might be worth. I am not talking about 1859's, 1891's. These older coins have a lot of errors if you look for them. I have 2 - 1888 large cents both with the same brockage of a "8" right below the Queen's chin. Is it valuable? Probably not but it is interesting to look at and I have two. I am sure there are more out there to be discovered.
|
|
Pillar of the Community
 Canada
1442 Posts |
I still fail to see the argument.
1936 dot cent, 1859 brass penny, 1859 DP1 are varieties, just like this one.
As I understand it, Pittman got his 1936 dot cents and 10 cents for peanuts, from precisely the type of person who believed varieties were not worth spending money on. Guess who got rich?
Ever hear of the 1951 high relief nickel? Pittman got a roll of 40 specimen coins from a mint employee at face value - again, another person who thought he was smart and that varieties were worthless. That roll bought for $2, is worth about $3000 x 50 = $150,000 today. Not a bad ROI.
Is the 1882H "micro D" worth more than $20 in EF? To me it is, as I wouldnt sell it under $500. Is it rare? It certainly is scarce, as looking at 50-100 1882s, this was the only one I've seen. Will it ever sell for $5000-$10,000, like a similarly scarce 1858/1558 dime overdate?
I dont know, and dont really care :).
|
|
Pillar of the Community
 Canada
1442 Posts |
Here's a better picture: 
|
|
Valued Member
United States
493 Posts |
danlos, Nice find. If you look at my website you will find this one under Obv.1 SSN-04. It's a cool coin but not scarce. If you can get a good pic of the D/D in DEI, post it as well. It's equally interesting. We passed on putting this particular one in the large cent variety section of Charlton as there were others that were far more difficult to come by. Particularly the 2/1's with the shift to the right seen in CANADA.
|
|
Pillar of the Community
 Canada
1442 Posts |
Thanks Dan! Here is the pic of "DEI". You're right, the "D" in DEI is repunched as well :). Very nice!! 
|
| |
Replies: 13 / Views: 2,830 |
|