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 Replies: 17 / Views: 10,281 |
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Bedrock of the Community
13014 Posts |
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Bedrock of the Community
Australia
21788 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
460 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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Bedrock of the Community
United States
20753 Posts |
Just keep it and make it a part of your collection. Then no worries about the possible value.
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Moderator
 United States
23522 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.
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Pillar of the Community
 United States
2362 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. Member ANA and EAC "You got to lose to know how to win". Dream On by Aerosmith Edited by cipster
06/20/2012 08:34 am
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Pillar of the Community
United States
4897 Posts |
with ddave and cipster. Please try to put up better pics. |
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Pillar of the Community
United States
1510 Posts |
as you can see you came to the right place with your question.. these guys are experts
Retired USAF 1983-2003
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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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Bedrock of the Community
United States
36746 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.
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Forum Mom
United States
5877 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.
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New Member
United States
6 Posts |
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Pillar of the Community
United States
2362 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 ebayhttp://www.ebay.com/itm/1832-BUST-H...em43ae592230Here's an AU55 example on ebayhttp://www.ebay.com/itm/1832-BUST-H...em1e6e5e60cfMember ANA and EAC "You got to lose to know how to win". Dream On by Aerosmith Edited by cipster
06/20/2012 1:49 pm
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Forum Mom
United States
5877 Posts |
When trying to determine a grade, it's also very important to determine if the surfaces are original or have been cleaned. This is difficult to do if you are not used to looking for it. At first glance, your coin does not appear to have tell-tale hairlines that denote cleaning, but it may have been dipped in the past. More of these coins have been cleaned than not, unfortunately. These are from an era where cleaning coins was common because they became so dirty that ladies did not want to handle the money. Hence, hotels and even some other establishments had "coin cleaning services".
The only thing I saw from the pics you provided that may indicate cleaning is luster around some of the stars that didn't continue through the design. If this is the case, it has probably been cleaned at some point and the $200 offer would be pretty fair.
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Pillar of the Community
United States
4897 Posts |
Susanlynn9 nailed it! I agree with the possible cleaning and think the $200 was a reasonable wholesale offer.
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Replies: 17 / Views: 10,281 |
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First Page
Posted 06/19/2012 11:41 pm
