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Major New Purchase. 1848-D Half Eagle PCGS AU-50. Rarity?

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Valued Member
United States
432 Posts
 Posted 04/16/2014  1:36 pm  Show Profile   Bookmark this reply Add david29 to your friends list
You did real well. Out of the 4 pictured I don't know if I like the AU55 CAC'd coin or yours the best. I think they are closer together in grade than you think. While the 55 has better wing tip feather detail than yours, your 50 has way better neck feather details. I think PCGS gave your coin the 50 grade based on the hit on the reverse. But with that great color I would take the chance and submit it back to PCGS. I think you have the shot at that 55 grade.
Rest in Peace
United States
4849 Posts
 Posted 04/16/2014  2:21 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list

Quote:
I am betting your coin was netted to an AU50 due to an old cleaning that is market acceptable.


That could be. My thinking was that the coin was correctly graded, and just has a sharper more even die that struck the coin than most other 1848-Ds..The TPGs did not let die state weakness on the other coins hurt the overall grade. Both of the 55s shown have stronger details in the hair bun and top hair curl, but weaker details in the neck and lower hair curl becuase the weakness in the die that was used. So I think the 55s actually received less wear than mine, but my stronger strike makes it look like the higher grade. If you look on Heritage at AU 1848-Ds, probably 90% or so have this exact same unneven-ness in the coin details, which leads me to think the issue is with the die. Somehow, mine got one of the good dies. :-)
Edited by johnny54321
04/16/2014 5:58 pm
Rest in Peace
United States
4849 Posts
 Posted 04/16/2014  5:56 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list
I say it's high, it's deep, and it's not playable.

sorry dave, though it sounds like a compliment, I'm not following. It sounds like a football quote of sorts. Like a touchdown or field goal?
Pillar of the Community
United States
5832 Posts
 Posted 04/16/2014  6:58 pm  Show Profile   Bookmark this reply Add macmercury to your friends list
Comparing yours with the first PCGS in the picture, yours is a lot better strike.
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United States
10982 Posts
 Posted 04/17/2014  02:00 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list

Quote:
I say it's high, it's deep, and it's not playable.

sorry dave, though it sounds like a compliment, I'm not following. It sounds like a football quote of sorts. Like a touchdown or field goal?


Baseball. It's a home run.
ANA #R3154474
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United States
4849 Posts
 Posted 04/18/2014  9:46 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list
Here are some updated pics. Not a whole lot of luster on the obv...and some cartwheel on the reverse. thoughts?
Major-New-Purchase.-1848-D-Half-Eagle-PCGS-AU-50.-Rarity?
Major-New-Purchase.-1848-D-Half-Eagle-PCGS-AU-50.-Rarity?
Major-New-Purchase.-1848-D-Half-Eagle-PCGS-AU-50.-Rarity?
Major-New-Purchase.-1848-D-Half-Eagle-PCGS-AU-50.-Rarity?
Edited by johnny54321
04/18/2014 9:47 pm
Bedrock of the Community
United States
10982 Posts
 Posted 04/19/2014  02:05 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
My thought is the subdued obverse luster cost it at least 3 points and maybe 5. The detail is quite strong for early D-mint gold but PCGS is very tough on coins with reduced luster.
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1531 Posts
 Posted 04/19/2014  02:17 am  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list
Au-55 would bump it up a few grand. I'd send it to be reconsidered by PCGS!
Rest in Peace
United States
4849 Posts
 Posted 04/19/2014  10:21 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list
thanks guys!! Well, it is a bit glossy too, not hairlined, just kind of glossy which makes me think it may have retoned over an ancient toning. So the ultimate question to be answered, does it meet Doug Winter's requirement of a "very rare" coin(according to his commentary in my first post)?
Edited by johnny54321
04/19/2014 10:22 pm
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10982 Posts
 Posted 04/21/2014  03:43 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
In my estimation yes, very rare to see an AU piece such as yours. Sure there are dozens available "in the world" but most are in strong hands (PCGS has certified 46 pieces as AU). That looks like a very nice AU50 that appears to be worth all of the $3,700 listed in PCGS' Price Guide.
ANA #R3154474
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United States
104 Posts
 Posted 06/03/2018  3:55 pm  Show Profile   Bookmark this reply Add Benny w to your friends list
Wow I would be very happy to own that half eagle. Doug winter is obviously correct. 1848 D mint is difficult to find original with a strike like that. Any branch mint half eagles are more or less difficult to find original
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104 Posts
 Posted 06/03/2018  3:56 pm  Show Profile   Bookmark this reply Add Benny w to your friends list
Correction- any southern mint half eagles are difficult to find original
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 Posted 06/03/2018  4:05 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Most impressive, congrats.
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 Posted 06/03/2018  4:12 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list
Coinfrog and Benny w - Just a note, the OP has passed away.
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United States
104 Posts
 Posted 05/26/2024  6:15 pm  Show Profile   Bookmark this reply Add Benny w to your friends list

Quote:
Coinfrog and Benny w - Just a note, the OP has passed away.


I just saw this and I'm shocked
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