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 Replies: 38 / Views: 4,161 |
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Pillar of the Community
United States
1348 Posts |
Someday I hope to come across a great find like this. Congrats
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Pillar of the Community
United States
7840 Posts |
According to the PCGS Certification Database, the requested certification number is defined as the following: COIN INFORMATION Cert Verification #: 19828561 PCGS Coin #: 4300 Date, mintmark: 1837 Denomination: H10C Variety: Capped Bust, Lg 5C Minor Variety: Mint Error: Pedigree: Country: The United States of America Grade: PR20 Mintage: 4 PCGS Price GuideSM Value: Holder Type: Standard Population: 1 http://www.pcgs.com/CERT/19828561.htmlEdited by oih82w8
07/13/2011 10:32 am
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Pillar of the Community
United States
5854 Posts |
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Pillar of the Community
United States
2797 Posts |
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New Member
 United States
8 Posts |
There is much I need to learn: how best to market it, what value I should have him insure it for, what auction/auction house would give him the most bang for his buck, who of the half-dime registry gang is looking to fill a hole they didn't even know they had, etc.
this is very exciting and all input from this forum will be much appreciated. Thank you in advance!
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Pillar of the Community
United States
2797 Posts |
obsan Well, I'll give the classic line first ... "I'll pay a nickel for it."  Now for reality ... I checked the PCGS registry for half-dimes and no one is racing to complete sets. The registry for Capped Bust Proofs has one entry with a collection that is 25% complete. The reason for this is in the PCGS disclaimer at the top of the page Quote:
What is the largest mintage of any coin in this set? Believe it or not, it's 20 coins! Some of the dates have never been certified by PCGS in any grade (such as 1820 and 1836) and every date is (obviously!) a great rarity in the Proof format. A few spectacular examples survive, though, such as the 1834 in PR67 from the King of Siam set and a few others. so I would not be able to offer a guess on how the Registry people would react to this. As far as an Auction House to handle this, I would say Heritage currently would offer the widest audience. You could also check their database and confer with their staff to determine insurance value. You might want to sign up at PCGS also to view their Registry program. My last advice is "be patient". You have the only certified coin of this type in existence. First offers will likely not come close to later offers when the competition increases along with the mystique. |
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Pillar of the Community
United States
7840 Posts |
I (and most certainly others) would wholeheartedly agree..."don't accept the first offer". I am sure that I am plagiarizing someone. Curious; how did PCGS come up with the determination that a coin with this much wear is a "Proof"?  Edited by oih82w8
07/13/2011 2:36 pm
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Pillar of the Community
United States
2797 Posts |
Quote:
Curious; how did PCGS come up with the determination that a coin with this much wear is a "Proof"? Proof dies are different for circulation strike dies and carry definable die markers. Unless the design is completely worn away, they would be able to discern these markers. |
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Valued Member
United States
371 Posts |
I would like to see this coin and a circulation strike 1837, in VF20, side by side.
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Bedrock of the Community
United States
17884 Posts |
Quote:
Proof dies are different for circulation strike dies and carry definable die markers. Unless the design is completely worn away, they would be able to discern these markers. But since there are no other confirmed proofs, there are also no known die markers. Also back then often the proof dies were NOT different than circulation strike dies. In many cases the same die pair would be used to strike both business strikes and proofs. So if this die pair was also used for circulation coins, how do you determine if a VF-20 detail coin started life as a proof? |
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Valued Member
United States
467 Posts |
I would see if Coin News would want to do an article, get the hype started. They are members here. More hype usually means more value.
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Pillar of the Community
United States
3283 Posts |
This is totally fascinating  Sort of like winning the lottery  |
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New Member
United States
8 Posts |
I spoke with PCGS this afternoon about the specifics of grading this coin. He said the graders did not keep journals on what made them identify the coin as a proof but that he could tell me 4 separate graders had corroborated that conclusion. He said that if I would like to submit it for review they would be happy to take my $25 but that he couldn't imagine the conclusion would be any different. I said "no" that's good enough for me. OBSAN
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Pillar of the Community
United States
3276 Posts |
Hey if 4 of them say it's a proof I wouldn't try to change their mind. that is quite a discovery and will bring quite a bit of value.
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Valued Member
United States
361 Posts |
I am sure Coin World, as well as other numismatic publications would be very interested in writing a story about this coin. You have started to get the word out already. The more people who hear about this the more money it will bring. I would write a few letters and ask if people are intersted in the story.You need to have the right people hear about this to really get the ball olling. Congrats and Good Luck. I agree with the patience comments 100%. |
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Replies: 38 / Views: 4,161 |
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Posted 07/13/2011 10:31 am
