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1861-O Half Dollar Wb-102 Csa Die Crack

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 Posted 01/08/2013  7:08 pm  Show Profile   Bookmark this reply Add 712 to your friends list
I sent this coin to NGC for grading using a new NGC Membership grading coupon. The grade it received was vf30, I believe it should be more. A few points raises the price a lot. Would you chance sending it to PCGS in hopes of a higher grade? I believe the coin has to be all it can be. I just let my NGC membership expire and bought the PCGS membership. I wonder if the new membership earlybird gradings are looked upon as less than the coin should be, what are your thoughts? Ed
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 Posted 01/08/2013  7:28 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list
i dunno
even the gallop poll in the thread split it into a VF range
i think, unless the lighting was bad, the appeal of the surface bought it down a bit
it looks a bit wiped at some point in these pics and I think you might go 35 with PCGS but you could also details grade which would kill it

if its worth at least what you paid its a long term commodity investment right now and its in a very reputable slab which is a plus

the die clash is tremendous as indian said
sweet coin
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 Posted 01/08/2013  7:58 pm  Show Profile   Bookmark this reply Add chesterb to your friends list
VF-30 is a fair grade and you will risk getting a details grade.
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 Posted 01/08/2013  8:57 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list
Did NGC attribute it as a CSA coin? I would let it remain in the NGC holder I have heard that PCGS is tougher on coins.
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 Posted 01/09/2013  2:25 pm  Show Profile   Bookmark this reply Add jsbruton to your friends list
XF.40 and the value would be around 130 dollars.
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 Posted 01/09/2013  2:33 pm  Show Profile   Bookmark this reply Add chesterb to your friends list

"XF.40 and the value would be around 130 dollars."

If it truly NGC-30 WITH the designation CSA then the value is 5-6x that amount.
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 Posted 01/09/2013  2:42 pm  Show Profile   Bookmark this reply Add 712 to your friends list
It does have the CSA obverse die crack, and I did include the variety grade with the order. They just shipped it and it should be here maybe tomorrow. I'll post a pic of the encapsulated coin. It's a great coin and I would not want to take a chance getting it downgraded. I sent another 1861-O with the CSA obverse die crack with the same order, they gave it a grade of F12. I thought for sure they would call a cleaning on it. Two great coins that I cherry picked off ebay and I just found another one. The VF-30, I paid $142 for. Three fantastic finds. I'm old and retired and love to cherry-pick, Ed
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 Posted 01/09/2013  2:46 pm  Show Profile   Bookmark this reply Add jsbruton to your friends list

"XF.40 and the value would be around 130 dollars."

If it truly NGC-30 WITH the designation CSA then the value is 5-6x that amount.

So your saying this coin is worth close to 800 dollars, that coin would have to be mint state to do do that and it ain't even close, and a slab wont make it worth any more. If it is a NGC-30 then it's worth around 70 dollars.

Edited by jsbruton
01/09/2013 2:48 pm
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 Posted 01/09/2013  2:47 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list
Ed, your young and enjoying life! Don't sell yourself short!



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 Posted 01/09/2013  3:04 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list

Quote:
that coin would have to be mint state to do do that and it ain't even close, and a slab wont make it worth any more.

I don't think you are understanding exactly what this coin is, it is most certainly not your average 1861-O. This coin was struck with the same obverse die that was used to strike the Confederate States of America Half Dollar. Only about 1/3 of the 1861-O mintage was struck under Federal authority, the rest were struck by Louisiana after succession and then the CSA government. Unfortunately, most of the non-Federal issues are difficult to attribute to the CSA but the WB-102 is probably the single most popular variety that can be definitively attributed to the CSA. A slab with proper attribution will indeed add hundreds of dollars to the value of this coin.
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271 Posts
 Posted 01/09/2013  3:22 pm  Show Profile   Bookmark this reply Add jsbruton to your friends list
biokemist6 I do see what your saying I simply missed the crack on the obv of the coin and yes that makes a bit of difference and one I missed valued around 200 to 400 Dollars.
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 Posted 01/09/2013  3:34 pm  Show Profile   Bookmark this reply Add morgandude to your friends list
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 Posted 01/09/2013  5:57 pm  Show Profile   Bookmark this reply Add 712 to your friends list
1861-O CSA obverse F-12 auctioned for $690 and same coin EF-45 went for $3,400 on ebay a few months ago.
Ef-30 auctioned for $2600. So another point would make a difference but I'm satisfied, I'm not going to chance it. The F-12 I bought for under $50 and the EF-30 for $142, I was just lucky with the cherry picking
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 Posted 01/09/2013  6:07 pm  Show Profile   Bookmark this reply Add 712 to your friends list
I just looked at the PCGS F-12 that went for $925, WOW, no bidders just a straight "buy it now" it was a very nice looking coin. Like I said I'll post mine when I receive them, Ed
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 Posted 01/09/2013  8:45 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list
$1500 coin yours is...sweet win
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