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About this journal

I started collecting coins when I was about ten, starting with Lincoln Cents. My acquisitions were funded from newspaper delivery money - what was left after putting some away for college. My collection of "wheaties" was complete except for the five toughest ones that we all know. I assembled a mint state set of silver Roosevelt Dimes and had acquired other late 19th and 20th century items from circulation and from my older brother. I also spent many Saturdays at the bank going through rolls of cents.

When I got to high school age, I began collecting half cents, large cents, and Morgan Dollars. The early copper was at the top of the list.

Unfortunately, my numismatic spending had to stop when college started. Grad school, marriage, children, private schooling (a ski racing academy high school for my older son) and home ownership followed. Except for a 1995 10th anniversary American Eagle 5 coin set, I didn't add to my collection for almost 25 years. (But that turned out to be one profitable addition!)

In the fall of 2003, I realized that I actually had enough money to get back into collecting. I started with a few mint state double eagles. My first coin show was in March 2004 in Baltimore. There I fell for an MS65RB 1850 large cent, and decided to switch gears toward a mint state large cent date collection.

When I stopped collecting before college, I had never seen a coin in a grading service slab. I quickly discovered that NGC and PCGS have some measure of respect, and that other 3rd party graders generally do not. I also discovered the registries. I wasn't about to pay PCGS to cross my NGC coins (or potentially to pay them to claim the coins aren't worthy of the same PCGS grade), so using the NGC registry (as one means of cataloging my collection) was the obvious choice.

It quickly became apparent that I'd never be able to compete with the top sets. (Not to mention that there are superior uncertified collections of early copper owned by members of Early American Coppers, which I have joined.) Though I have money to spend, I don't have that much! Hence my original registry name, Low Budget.

In the summer of 2006 I completed the large cent late dates, and the middle dates followed in 2011. Occasionally I find a nice upgrade.

In addition to the large cents, I have developed an interest in Capped Bust and Seated Liberty half dimes, gold dollars, and nice type coins.

In the pursuit of all this stuff, it occurred to me that Low Budget was not an entirely appropriate name. I'm not super rich, but am able to spend more than many folks out there. So I decided to give myself/my collection a different name that has meaning to me, though nothing to do with coins or collecting. Electric Peak is a mountain along the northern boundary of Yellowstone.

I hope you enjoy viewing my collection, and I wish you much enjoyment building yours!

(last updated 3/21/17)

Entries in this journal

Shrinking Stars

About those Gardner part 4 coins... In a journal this past July I wrote that I had purchased an 1838 Small Stars half dime. It is a nice looking example of an early state of the dies. Well, the state is about as early as it gets for this variety, but the dies are not pristine. The obverse die in particular had a notable amount of rust damage from the beginning of its use in actually striking coins. Being from an early state of the obverse die, the stars appear pretty much normal. The only ab

Electric Peak

Electric Peak

Shattered - Part 3

Not the Part 3 I expected. This is a tale of five 1843 V-4 shattered reverse half dimes. I was aware of three of them on the market recently, all graded MS 63. The first was on a dealer's website, the second was in the internet-only session after Part 4 of the Gardner Collection sale, and the third was in a separate Heritage internet-only session last Sunday. Part 2 was about that second, Gardner coin, which is now mine. I had intended to get the third one as well. It was especially good looki

Electric Peak

Electric Peak

Big Day Friday

Several coins will be home for awhile. I expect Friday to be a big coin day for me, or is that a little coin day? The coins, of course, are among the smallest the US produced - my beloved half dimes. I'll be skipping work once again to go to the Baltimore show. The day will start with the regular, and generally well attended, Liberty Seated Collectors Club meeting. After that, I'll be scouring the bourse. There is one coin I'm planning to buy from a dealer, unless it disappoints in hand. T

Electric Peak

Electric Peak

Shattered - Part 2

Icing at the end of a big day. Surprise, surprise, I participated in Heritage's fourth installment of their sale of the Gardner collection on Wednesday. I was fortunate to get four nice coins in the main afternoon session. I'll write more about those coins later. Wednesday evening saw an internet-only session of some of Gardner's lesser coins, many of which are quite nice. I had my eye on two of the half dimes: an 1843 V-4 with shattered reverse and an 1844 with repunched date. The latter so

Electric Peak

Electric Peak

Coins from a Dream Trip

One item checked off the bucket list... My wife has long dreamed about going to Bora Bora. A month ago we were finally able to get there. We spent four days there, and seven on Moorea, which is right next to Tahiti. Both are really beautiful. Aside from the hikes and sight-seeing, one of my goals was to get nice examples of the local money... I wasn't the only one. While waiting at the Tahiti airport, near the currency exchange, I overheard a woman asking for shiny coins! I had ordered s

Electric Peak

Electric Peak

Hit and Miss in ANA auction

No pattern developing here... As is typical, I had my eyes on some half dimes in the recent auctions associated with the ANA show. In particular, I was interested in an 1860 transitional pattern ("Obverse of 1859" with the hollow stars and reverse of 1860-1873 with the new wreath - the "coin without a country", so-called due to the lack of UNITED STATES OF AMERICA on either side) and an 1867-S. The pattern is graded MS66+ by PCGS and better struck than most examples, so I expected a hammer p

Electric Peak

Electric Peak

Shattered

I don't think Mick was singing about this. A friend responded by PM to my previous post, and mentioned that he had recently purchased a different 1838 half dime, with its own interesting character, from Gerry Fortin. That served as a nudge for me to check Gerry's site again. Now the latest issue of the Liberty Seated Collectors Club's "Gobrecht Journal" has an article by half dime specialist Steve Crain on 1847 shattered reverse half dimes. When I read that, I thought I would really like to

Electric Peak

Electric Peak

Twin Leaf Shutout

But I did cherrypick a half dime... Yes, there was another Baltimore coin show, Thursday through Sunday... Although I "completed" my sets of middle and late date large cents some time ago, I did have my eyes on several potential upgrades in the Thursday evening auction session for the Twin Leaf Collection, a nice collection of over 700 lots of middle and late date varieties. It wasn't as nice or complete as the Naftzger or Holmes collections, but still pretty good, with some top notch exampl

Electric Peak

Electric Peak

Gardner Sale Reflections

1, 2, 3... More than a month has passed since part 3 of the Gardner collection sale. I have had time to reflect on the coins I got and the ones that got away. In the end, I bought six half dimes from that collection: one from Part 1, two from Part 2, and three from Part 3. Only one of them was a top choice at the time, from Part 1, the 1864, about which I wrote at the time. For Parts 2 and 3 I did my usual preparations. That results in a prioritization of coins to pursue and maximum potentia

Electric Peak

Electric Peak

HA Seller's Fee

Not 20% A recent post that questioned the justification for a 17.5% buyer's fee at Heritage generated quite a few responses. Toward the end of the exchange it was claimed by the original poster that HA charges a 20% seller's fee as well as the 17.5% buyer's fee. Based on my own experience seven years ago, when they charged me a 5% seller's fee (except for coins for which I had no seller's fee coupons), I questioned the claim. Mark Feld of Heritage responded that they have never had a seller's

Electric Peak

Electric Peak

I Met a Little Lady in Baltimore

And I'm arranging a long-term relationship! In my last post, I mentioned that I didn't find anything suitable for my Liberty Seated Half Dime registry set at the Baltimore show last month - at least not anything at a price I liked. But I did spot a lovely, lightly and attractively toned 1863-S, PCGS MS65 + CAC, offered by Gerry Fortin on behalf of a client of his. I examined it, liked it, took notes on it, asked for the asking price and noted that. That night, I researched it a bit on-line

Electric Peak

Electric Peak

Repunched 1860

A couple additions to my Varieties & Duplicates half dime set... I spent some time, as usual at the Baltimore show, Thursday, Friday, and Saturday. From my perspective, it was pretty normal for a March coin show in Baltimore. On Thursday, I left work around 12:30 to go downtown to the show. I did my usual thing - quickly scanning dealer offerings, pausing if I see anything of potential interest (half dimes and large cents), and stopping to take a look at any that might fit in my collecti

Electric Peak

Electric Peak

Just Gotta Smile

It seems like a bargain now. I am currently in the middle of what was planned to be a few month long slow period, as I prepare for Part 3 of the Gardner Collection sale in May. But of course I am still looking, because there may be good opportunities at any time, and the stuff I might consider from the Gardner coins may end up too expensive. But in an effort to save money just in case, I have been looking more at less expensive half dimes in the AU to low MS range as temporary hole fillers an

Electric Peak

Electric Peak

Not So Rare

Another dream dashed... The other day I posted about one of my new half dimes, an 1841-O, the die variety of which is not listed in the available reference books. Last night I spent some time on the Heritage website looking at their photos of other examples of the issue. The result is that the die variety of my coin is probably not rare. Of the dozens of coins available to view, it looked to me like four varieties are reasonably common, including mine. Multiple die states are apparent as we

Electric Peak

Electric Peak

A Rare Die Variety?

I'm not sure why I didn't notice this before. The world of Early American Copper has many collectors pursuing not just types or dates, but specific die marriages and even die states for their collections. They have excellent reference books to help identify those varieties. Examples of very rare varieties can fetch many times the price of more common varieties. My date set of middle and late dates (1816-1857) was completed a few years ago. While I was working on it, I paid attention to vari

Electric Peak

Electric Peak

Above the Bow

I added another variety to my half dime collection. Almost three years ago I bought an 1872-S half dime for my set. It is a boldly colored (though unevenly so), well struck, lustrous, unmarked gem, graded MS67 by PCGS. It is a super coin. But I am going for more than just the registry set. I also want to get as many of the major and minor varieties as I can. This coin is an example of the Mint Mark Below Bow variety. So I was pleased to get a near twin to that coin. From the Heritage auction

Electric Peak

Electric Peak

Another Little Lady

Liberty, that is... Although my current focus is on Liberty Seated Half Dimes, I still keep my eyes open for other things like Large Cent upgrades, Capped Bust Half Dimes, and coins for my type set. A new CBHD arrived today. It is an album-toned 1829, in a PCGS OGH graded MS65. Its luster is really nice, signs of contact are minimal, and the strike is good. I got it from the recently completed Heritage auction at the FUN show. This leaves me needing just an 1830 to have one of each date fro

Electric Peak

Electric Peak

Whitened. Ex Jewelry?

Check out this coin. (I hope the links work...) I regularly check the major auction sites and dealer listings for coins that I need for my collection. The upcoming Dallas PNG Invitational auction at Heritage includes one coin of interest: an NGC graded MS 66 1867-S half dime. Here is a link to the Heritage obverse photo: http://coins.ha.com/c/lot-image.zx?saleNo=1218&lotNo=0&lotIdNo=1031&inventoryNo=&id=12230393 Part of my investigation includes scanning prior auction r

Electric Peak

Electric Peak

Walking Astray?

Here's another recent acquisition. Having gotten a couple Gardner half dimes in the October auction, and picking up another pricey half dime at the latest Baltimore show, I am sort of trying to save myself for Part 3 of the Gardner sale in February. (And I still have to pay off the loan for the home improvements, and unexpectedly just had to buy a car.) But I seem unable to hold off completely. A few years ago I decided to work on Mercury Dime and Walking Liberty Half Dollar short sets as lo

Electric Peak

Electric Peak

Another Variety

Another nice AU coin for my variety collection As I mentioned last time, while I wait for high quality examples of the coins I still need for my Liberty Seated Half Dime (LSHD) basic set, I will be looking for AU to low MS examples of half dime varieties. Kevin Flynn has published his new LSHD reference that lists varieties of the following types: repunched stars; doubled dies; overdates; misplaced dates; and repunched dates. He also identified several different date styles or mint mark sizes

Electric Peak

Electric Peak

Half Dime Varieties

For the fun of it... The world of Early American Copper collecting is blessed with really good books that detail all the known die varieties and provide information on die states as well. While my collecting was focused on the middle and late date large cents, I used those books to attribute my new purchases and the coins from my childhood collection. But at no time did I ever desire to build a die variety collection. I certainly appreciated the effort and money it would take to do so. Viewing

Electric Peak

Electric Peak

No Stars for this Astronomer

I made a purchase at the Baltimore show. As I mentioned last time, a dealer was going to bring a coin to the Baltimore show for me to examine. So after putting in a few hours of work Thursday morning, I headed off to the show. I saw the coin, an 1838-O half dime, and liked it. I did not buy it immediately, since I wanted to do my usual scan of the whole bourse first. I did not find anything better for my collection, and proceeded to seal the deal.       The coin is housed in an NGC holde

Electric Peak

Electric Peak

Call Me Underbidder

But I did get a couple... Part 2 of the Gardner collection sale was conducted Monday by Heritage. A couple posts ago (going back to late June) I mentioned that I would pursue one of the half dimes. I decided that now is the time to spend some money on top quality coins to add to my set, so I got my wife's approval to spend way more (at one time) than I previously have.       The target was the 1846, PCGS graded MS62, and sporting a Gold CAC sticker. Mr. Gardner also had one of the two M

Electric Peak

Electric Peak

In the Nick of (Half) Dime?

Adding my 2 cents worth to RichH's post... Rich just obtained a nice 1859 silver three cent piece. Well, I'll raise him 2 cents! I just got a nice 1859 half dime. NGC graded it MS 67 star, and CAC approved. It is pretty. The last few stars and the toe area are a little weak, but the strike is otherwise pretty good. The luster and toning are nice as well. There are a few tiny marks, most notably a nick on Miss Liberty's left wrist/hand (the one holding the pole). The 1859 half dime is a on

Electric Peak

Electric Peak

Slow Baltimore Show

The Baltimore show did not seem very lively this time. As usual, I skipped out on work a bit to attend some of the Baltimore coin show on Friday. Having just secured a pricey coin from the Gardner Collection, I was not anticipating any more purchases, but wanted to look around and to attend the Liberty Seated Collectors Club meeting.       The LSCC meeting started at 9AM, so that was up first. I had figured that Mr. Gardner might be there, seeing as he does not live too far away, and has

Electric Peak

Electric Peak

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