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My latest PCGS adventure

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Mr. Jaggers

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May 19, 2010, 7:46:09 PM5/19/10
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Last year about this time I submitted an 1864 three cent silver to PCGS for
grading as a circulation strike. It came back slabbed PR61. I am 100%
convinced it is a circulation strike made from dies which had previously
made proof coins.

I wanted it graded as a circulation strike, so I cracked it out (so as not
to lead the witness) and submitted it as a circulation strike once again. I
just learned that it has indeed been slabbed as a circulation strike -
GENUINE with altered surfaces. Sheesh. But at least this time I got the
main thing I wanted, so life's not all bad.

James the Slobbering Slabber


Bob

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May 19, 2010, 11:52:16 PM5/19/10
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On your third try it will come back bodybagged.

Relayer

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May 20, 2010, 6:24:12 AM5/20/10
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On May 19, 6:46�pm, "Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote:

To be honest, I didn't think they made proof coins back then..duh

Mr. Jaggers

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May 20, 2010, 6:35:48 AM5/20/10
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Relayer wrote:

> On May 19, 6:46?pm, "Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote:
>> Last year about this time I submitted an 1864 three cent silver to
>> PCGS for grading as a circulation strike. ?It came back slabbed
>> PR61. ?I am 100% convinced it is a circulation strike made from dies

>> which had previously made proof coins.
>>
>> I wanted it graded as a circulation strike, so I cracked it out (so
>> as not to lead the witness) and submitted it as a circulation strike
>> once again. ?I just learned that it has indeed been slabbed as a
>> circulation strike - GENUINE with altered surfaces. ?Sheesh. ?But at

>> least this time I got the main thing I wanted, so life's not all bad.
>>
>> James the Slobbering Slabber
>
> To be honest, I didn't think they made proof coins back then..duh

They did indeed make them. They just weren't packaged together in sets like
they have been for several decades in our time. Nor were they as distinctly
different from business strike coinage back then.

The last 11 dates of the three cent silver series were of much smaller
mintages than the earlier ones. The mint made some of them in proof to sell
at a profit, but the rest they kept in a vault, only to melt most of them in
1873. Proofs are easy to come by, circulation strikes much less so for
those years. The 1873s were made in proof only. Check the Redbook for more
information.

James


Chas Edwards

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May 24, 2010, 8:25:09 AM5/24/10
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They did indeed make them. They just weren't packaged together in
sets like
they have been for several decades in our time. Nor were they as
distinctly
different from business strike coinage back then.
The last 11 dates of the three cent silver series were of much
smaller
mintages than the earlier ones. The mint made some of them in proof
to sell
at a profit, but the rest they kept in a vault, only to melt most of
them in
1873. Proofs are easy to come by, circulation strikes much less so
for
those years. The 1873s were made in proof only. Check the Redbook
for more
information.
James

Beginning in 1862 silver proof coins were sold only in sets. From 1936
to 1942 individual proof coins could be purchased as well as sets but
since 1950 it has been sets only. The uncirculated three cent pieces
in the 1860s were used to pay off odd amounts from the gold deposits.
The above is correct in that excess pieces were melted in 1873.


CE

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