1892 Half Dollar

Did you say melt, as in $15 or less? Are you able to check the weight of the coin? From what I can see, it does not have any of the markers of the Chinese counterfeits (i.e., legit). The reverse is probably slightly convex, it is worn considerably relative to the obverse, but lucky you, the obverse carries the most weight with coin grades - it should be a solid VF-20. I wonder why the dealer let it go so cheap....

I would agree at the VF-20 grade.
The coin looks like the obverse 4 variety, it trends at $500.00, so if you picked it up at melt I would beeline it back to your supplier and see if he has any more..

Generally I don't comment on other grading as it is an opinion...but this is a statement and I don't agree with it. Both sides of the coin carry equal weight....if the obverse is a higher grade than the reverse people tend to give it the lower of the two grades or they split the grade...