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darwin619
New Member
United States
6 Posts
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I have a small coin collection that I inherited from my aunt. Based on my internet research, only one coin has any real value. An 1832 capped bust liberty half dollar.
I took it to a coin shop and I heard the guy tell his employee that it was "a fine example."
He then came back to me and offered me $200. Sounded really low so I declined.
I'm wondering if his offer is fair?
Thanks for any help because I am so lost with this.
http://imgbox.com/aaiVUHQM
http://imgbox.com/aaps2QDQ Edited by darwin619
06/19/2012 11:04 pm
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Pillar Of The Community
United States
871 Posts |
You came to the right place. I am not a pro on this coin, but
I will tell you that the place to ask about this particular coin
is in the "US Classic Coins" section of the forums. That series
of coins is fairly pricy, so you were probably lowballed, but
again, I don't know this series very well, and there might be
some years that are referred to as "type coins", which are common.
Take the pics head on, no tilt or angle, and rotate them to orient
them properly, and it will help a great deal. Post the same question
in the Classic US forum, and title the thread "1832 Capped Bust",
and you will have Bust experts crawling out of the woodwork to take
a look at your coin. As for the stealer, er, dealer, get some more
opinions before you sell your family keepsake. Good luck!
"I don't want to run your life, I don't know how to run your life, and the Constitution doesn't give me the authority to run your life." -Ron Paul
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New Member
United States
6 Posts |
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Pillar Of The Community
United States
6142 Posts |
Im not an expert at grading but if its this coin http://www.numismedia.com/cgi-bin/c...de2=pricesms from the picture I would say you probably got low balled |
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Pillar Of The Community
Australia
6475 Posts |
Very difficult to grade and value from the tiny pictures I see, but think retail quite a bit more than $200. The dealer offer may have been OK but he has to make his margins on re sale to keep his business going.
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Valued Member
United States
459 Posts |
There are 23 varieties of the coin. I think yours is a small letters variety by looking at PCGS Coin Facts website. I am no expert on these but I think that $200 was a fair offer unless it is a good variety. |
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Pillar Of The Community
United States
11093 Posts |
Just keep it and make it a part of your collection. Then no worries about the possible value.
just carl
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Moderator
United States
12501 Posts |
Stop. Right now. Do not sell this coin until we talk about it more.
I see a small dash to the left of the 1 in the date. I need to know if that little dash is raised from the surface of the coin, or depressed into it. Furthermore, if it is at all possible, we need you to take different images of the coin, from as close to vertical above it as you can possibly get.
As dumprat mentioned, there are 23 known varieties of the 1832 Bust Half. Only one of them is rare, and that one is vanishingly rare. The dash next to the 1 is the hallmark of that variety.
Determining the variety of a Bust Half involves observing the relationships between the stars and denticles, and between certain letters and arrows on the reverse. That is why we need flat images of the coin, so as to see those relationships clearly. The angled images you present aren't up to doing that. What I see in those pictures doesn't match what I know about the variety, but the angle of the images can be the reason.
If this coin is actually O-123, you have something pretty special. If it isn't - and I tell you plainly that's the more likely conclusion, because O-112 also has that feature - $200 is a nice price for you to sell it at.
But don't until we've talked more. We need to know.
The best thing about a bicycle is that it uses no gasoline, therefore the chance of fiery death is greatly reduced.
First Catman, then Gary Burke and now Bigg Fredd - there's one heck of a coin club in Heaven.
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Pillar Of The Community
United States
886 Posts |
 with SsuperDdave Don't rush to a decision and let us help you determine it's fair value. At first I thought $200 was a decent offer considering the dealer is in business to make a fair profit. However SsuperDdave's discovery of the tiny dash is one of the keys to the value of this coin. I'm seeing some other diagnostics on the reverse that don't seem to match like the T/I alignment and the height of the 5 in 50C. It may be the O-112 variety and not O-123. There are others on this forum much more experienced than I so give us all a chance to look further. Better pictures would be a big help. It's more likely that it is not an O-123 but let's be sure before you decide to sell it. If this is an O-123 variety it is R7 on the rarity scale and it would be extremely rare. Very important - do not clean this coin and don't remove it from the holder yet.
Edited by cipster
06/20/2012 08:34 am
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Pillar Of The Community
United States
3048 Posts |
with ddave and cipster. Please try to put up better pics.
Human beings, who are almost unique in having the ability to learn from the experience of others, are also remarkable for their apparent disinclination to do so.
Douglas Adams
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Pillar Of The Community
United States
1470 Posts |
as you can see you came to the right place with your question.. these guys are experts
"The internet? Is that thing still around?" Homer Simpson.
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New Member
United States
6 Posts |
http://imgbox.com/g/xcWqtxH5o4I created a gallery of several pics. Thanks for everyone help. Please forgive quality. I'm doing all of this from my phone.
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Pillar Of The Community
United States
2873 Posts |
Those last photos didn't help any. But in the first photo posted, that bar does look raised. The coin also looks like a nice AU, so I think the offer from the dealer is a little on the low side.
Check out my coins and bullion at http://usn6771.ecrater.com/index.php low prices, free shipping for CCF members. |
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Forum Mom
United States
5788 Posts |
I think this is definitely what is called a "dash date". The location of the dash is exactly where it should be for this obverse. However, the relation of the I to the T on the reverse, along with other markers, determine this to be an O-112 variety, which has a rarity rating of 2 (500-1000 known).
The condition is difficult to determine from the images provided, and I am not comfortable guessing at the grade. I would need clearer obverse and reverse pictures to determine this and also it would need to be pictured outside of the mylar holder.
Knowledge...the key to collector success!ANA #R-1216999 | FLY-IN #1474 EAC #5255 | CONECA #N-3902 Please take a look at our CCF and eBay coin and currency auctions.
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New Member
United States
6 Posts |
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Pillar Of The Community
United States
886 Posts |
After looking at the additional pictures I feel more confident about what I said earlier today - Quote:
I'm seeing some other diagnostics on the reverse that don't seem to match like the T/I alignment and the height of the 5 in 50C. It may be the O-112 variety and not O-123. I see that SusanLynn9 agrees and is an expert. The O-112 and the more valuable O-123 have the same obverse die but different reverse dies. I can't guess the grade based on the pictures but since you have the coin in hand maybe looking at some graded examples will help you. Here's a link to a respected coin grading company PCGS and their examples of grade - I'd suggest you start looking at the pictures starting at XF40 and go up or down numerically from there. http://www.pcgs.com/photograde/#/Capped50/GradesAlso, here are a couple of examples currently for sale on eBay for comparison of grade and typical asking price. I chose two coins that were graded professionally - an XF40 and an AU55. In my opinion your coin is XF40 or better but I don't think it qualifies for AU55. Others on this forum are better at grading than I. You can look at the pictures and compare to your coin. Here's an XF40 example on eBay http://www.ebay.com/itm/1832-BUST-H...em43ae592230Here's an AU55 example on eBay http://www.ebay.com/itm/1832-BUST-H...em1e6e5e60cfEdited by cipster
06/20/2012 1:49 pm
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Posted 06/19/2012 11:01 pm
