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Replies: 17 / Views: 2,248 |
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Pillar of the Community
United States
1002 Posts |
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Rest in Peace
United States
10625 Posts |
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Pillar of the Community
United States
1584 Posts |
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Moderator
 United States
23522 Posts |
I would think the Draped coin was more widely saved in good condition as the last year of issue, and the Capped coins circulated more heavily as a result.
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Pillar of the Community
Australia
1874 Posts |
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Bedrock of the Community
Canada
11922 Posts |
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Pillar of the Community
United States
1959 Posts |
Quote: I would think the Draped coin was more widely saved in good condition as the last year of issue, and the Capped coins circulated more heavily as a result. This! 1807 CBH is difficult to find and my favorite date for the series. Because of weak strike issues with this date VF would not shock me. Nice coin!
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Valued Member
United States
258 Posts |
I would grade this confidently at VF-20. It's a beautiful coin, I love CBHs!
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Pillar of the Community
Germany
1852 Posts |
Very nice coin, cipster. I would actually grade your example at VF25. I think there is enough detail remaining to justify that.
I can only confirm what you already said - the 1807 CBH is difficult to find. There seems to be at least two 1807 Draped Busts for every Capped Bust offered. This is one of the coins I regret not buying when they were more accessible 20+ years ago. My examples are both quite low grade.
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Pillar of the Community
United States
567 Posts |
I agree with the consensus of VF-20
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Pillar of the Community
Korea, Republic Of
1881 Posts |
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Valued Member
United States
498 Posts |
I'm at vf 20 only because of the small rim dings or I'd be at vf 25.
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Pillar of the Community
United States
4409 Posts |
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Pillar of the Community
United States
3843 Posts |
Looking at some other slabbed coins for comparison I'll say this coin is a lock for VF-20 and has a good chance at VF-25.
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Pillar of the Community
  United States
2364 Posts |
Thanks for all your comments and estimates of grade. First I'd like to address the the Capped Bust mintage of 750K vs. the Draped Bust mintage of 301K - some good points were made about people saving the old style and circulating the new style. In reading Bust Half Fever the author goes through some mathematical calculations based on the number of die marriages and says that the 750K capped bust halfs was probably only 300K.  Second and most important to me is the grading. When I was considering this coin I thought that maybe they were smoking some funny stuff at NGC that day. Oh, I didn't mention that the NGC grade is VF30. More research tells me that the first year of the new design was a production nightmare. The metal didn't flow well and the technology was non-existent. Many bust halfs over the years are weak strikes but the 1807s are weak in random areas making them difficult to grade. Sometimes it's the dentils, or the clasp, or Pluribus, or the left wing and often combinations of these. In looking at previous sales at Heritage I saw AU53 halfs that looked XF40 and VF30 halfs that looked like VF20.
Member ANA and EAC "You got to lose to know how to win". Dream On by Aerosmith
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Replies: 17 / Views: 2,248 |
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