| Author |
 Replies: 24 / Views: 4,034 |
Page 2 of 2
|
|
|
|
Pillar of the Community
United States
3210 Posts |
Here is something some people don't know about early half dollars, they were many times inconsistently struck especially on early capped bust halves. You will sometimes see a near full strike on the obverse, whereas the reverse (especially the eagle's wings and legs), will show a near full strike on one wing and leg and the other wing and leg looks heavily worn. You cannot use the supposed wear on the eagle's wings and legs to determine the grade on these early dated halves. Look online and you can see that strike posed an issue, along with many early US coinage. Remember we were using horsepower to power the coin striking, whereas we eventually had actual machines doing it later in the 1800's. As for the coin the reverse has a very yellowish/orange color which may be from some old adhesive tape on it long ago, if this coin were raw I would acetone it with a q-tip to see if the acetone would remove the residue. |
|
Pillar of the Community
United States
6370 Posts |
Quote:
The reverse shows very uneven degrees of wear. The eagle looks like it was scrubbed harshly. The uneven "wear" is a result of striking issues, which were prevalent in these early capped bust halves. I see no evidence of a harsh scrubbing. The color pattern on the reverse hints of a cleaning, but I think it is the result of residual luster hugging the devices. I vote original. Nice coin! |
|
Bedrock of the Community
United States
94367 Posts |
Agree ancient cleaning, VF-25 or so, market acceptable and very attractive.
|
|
Bedrock of the Community
Canada
11922 Posts |
I would think it is a straight-grade VF-30.
|
|
Pillar of the Community
 United States
1055 Posts |
This coin is straight graded Vf-35 with CACs green bean of approval. This is the real large stars variety O-114 R3 which is scarcer than the O-112 R1 which TPGs also call large stars.
What would you guys think a fair offer on the pictured coin would be?
Edited by cownas22
06/14/2017 08:20 am
|
|
Bedrock of the Community
United States
36878 Posts |
$500-550 would seem fair to me.
|
|
Pillar of the Community
United States
3479 Posts |
No your looking at much more than $550. If it's green beaned with pretty toning you can notch it up a grade for a reasonable estimate on price. The only real way to tell is to sell it at auction. Start here and pic whatever variety it is then review previous auction sales. http://www.PCGS.com/prices/pricegui...+half+dollar I tried but with so many varieties it's hard to get any reliable price discovery b/c PCGS does not break them down by variety. There are only four listed but I'm guessing there are far more for 1807. |
|
Pillar of the Community
Taiwan
606 Posts |
In a quick search of auction results for the last few years this coin (O-114) has sold for between $1075 and $1575.
The only result I could find of a CAC coin was from 2010 at $1380. Only you know what the coin is worth to you.
I am aware of what the dealer is asking for this coin. I found myself in a similar situation recently with the series
that I collect. I made an offer on a coin and it was almost twenty percent above trends and recent auction sale
results. The dealer passed. I am sure it will sell close to his asking price as it is a very solid coin. Just not to me.
You have to draw the line somewhere.
|
|
Bedrock of the Community
United States
10982 Posts |
|
|
Pillar of the Community
United States
3479 Posts |
BH, I think the green bean will command a higher price than that example. Combine that with the pretty toning and I would think it would bump it up to xf-40 price levels or higher. Sellers probably asking 1,400-$1,500. Please correct me if I'm wrong.
|
|
Pillar of the Community
United States
1963 Posts |
I will say it definitely was cleaned, but it has recovered well enough and is market acceptable.
|
|
Bedrock of the Community
United States
10982 Posts |
I sure wouldn't pay extra for a CAC approval on that coin. I've seen many CAC examples I wouldn't buy though. CAC is saying (green bean) that they'd pay going dealer wholesale for a VF35, about $800. Also, putting a high emphasis on CAC approval for sub-$2000 coins is not wise since many of them never get submitted.
A $1500 price on that piece in today's market is way too high. It's nowhere near XF.
|
|
Bedrock of the Community
United States
11899 Posts |
Quote:If the variety is worth a lot of money to you then $1000 might be fair. Look at this one that sold for $880: https://coins.ha.com/itm/bust-half-...Lot=1x=0&y=0 It's a nicer example of this date. Compare the reverses especially. Definity nicer than first coin. This one doesn't look wirebrushed. Nice even wear and even toning. Not even close. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
06/15/2017 1:12 pm
|
|
Pillar of the Community
United States
1055 Posts |
Thanks guys for all the thoughts and Information.
The coin in question has been sold, though not purchased by myself.
I liked her a lot but not at the asking price which was $1750. I was interested at $1200-$1400, apparently someone thought a little more of her than I did.
|
|
Pillar of the Community
United States
3479 Posts |
Quote:
I liked her a lot but not at the asking price which was $1750. I was interested at $1200-$1400, apparently someone thought a little more of her than I did.
Sorry you didn't get it but I'm not surprised with the asking price. Green beans and toning bring large premiums. I see it every week on Heritage.  Edited by MikeF
06/20/2017 10:19 pm
|
|
Page 2 of 2
|
Replies: 24 / Views: 4,034 |
Page 2 of 2
|
First Page
Posted 06/13/2017 2:03 pm
