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1822 Capped Bust Half Dollar R6?

 
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Author Previous TopicReplies: 4 / Views: 298Next Topic  
Pillar of the Community
United States
694 Posts
 Posted 08/18/2022  9:56 pm Show Profile   Bookmark this topic Add psuman08 to your friends list Get a Link to this Message
I won this 1822 CBH tonight in an auction. I identified it as an O-105a listed as an R6? The O-105a is attributed by an obverse die crack from right of cap passes through star 8 , and continues through all stars including star 13 to rim.

I realize this is a low grade example (seller's pics). What grade would you give her? Also, what kind of value goes with an R6 rarity (13-30 examples)?


Valued Member
United States
74 Posts
 Posted 08/19/2022  2:31 pm  Show Profile   Bookmark this reply Add Oldgrouchyguy to your friends list Get a Link to this Reply
Remember, it's a rarity of a die state, and not a rare variety in itself. From Dave's:

1822, O-105a, Capped Bust, Half Dollar

1822 Leaman-Gunnet Emission Sequence Number for O-105: 12
Overall Number: 151

Top five condition census coins from last 10 years of auction and sale records O-105:
09/15 Stacks-B (Pogue Part II) PCGS MS66 (former NGC MS67 (Kaufman))
04/19 Heritage (CSNS-Chicago) PCGS MS65+
04/14 Heritage (CSNS-Chicago) PCGS MS64
01/14 Heritage (FUN-Orlando) NGC MS64
04/11 Heritage (CSNS-Chicago) NGC MS64

Top five condition census coins from last 10 years of auction and sale records O-105a:
09/12 Heritage (Long Beach) PCGS MS64
05/12 Heritage (Long Beach) NGC MS63
01/06 Heritage (Reiver-Dallas) NGC AU55 (Break thru right stars)
01/20 Heritage (Downey MBS 50) PCGS XF45 Gen Cleaned
01/08 Heritage (Sunday Internet) ICG VF20 Damaged and cleaned
Pillar of the Community
United States
809 Posts
 Posted 08/19/2022  3:26 pm  Show Profile   Bookmark this reply Add MisterT to your friends list Get a Link to this Reply
I grade this coin as VG-8. Don't know what value the Overton attribution adds to the coin but without consideration to the variety, a 1822 in VG-8 is in the $100 range raw. It has a rarity factor of 3.8 with an estimated survival of 6000 in all grades.
Pillar of the Community
United States
6521 Posts
 Posted 08/20/2022  12:17 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
The eye appeal is nice with a circulated cameo look.
Pillar of the Community
United States
2253 Posts
 Posted 08/20/2022  5:38 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
R-6 values vary from one coin to another. A huge factor in value increase is popularity, obviously increasing the demand and the price. Oldgrouchyguy makes a good point, it is a "very rare" die state, but the variety remains obtainable altogether.

Additionally, Parsley's fifth edition of United States Early Half Dollar Die Varieties 1794-1836 lists the O-105a die state as an R-3, the same rarity as the O-105. Peterson's first edition of The Ultimate Guide to Attributing Bust Half Dollars (older edition but can be used as a guideline) shows no extra value for the O-105.

With Dave's Bust Half Dollar Site and Parsley's United States Early Half Dollar Die Varieties 1794-1836 contradicting each other regarding the rarity, I believe the rarity of the die state is not known entirely. The R-6 rating may be neat and provide a "cool" factor, but it won't bring a significant premium.

I give this coin a G-6 and a value of about $65.
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