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Replies: 21 / Views: 1,136 |
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Pillar of the Community
United States
608 Posts |
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Bedrock of the Community
Australia
21788 Posts |
Since there isn't much value difference between the lower grades, I wouldn't worry too much about it, relative to the slab grading and shipping fees.
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Bedrock of the Community
United States
74872 Posts |
I'll go with Fine.
Errers and Varietys.
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Pillar of the Community
United States
4233 Posts |
Quote: Since there isn't much value difference between the lower grades, Actually there is a big jump in value between VG8 and F12 on this coin, like over $200. I wouldn't be happy with the grade either.
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Moderator
 United States
15496 Posts |
I can barely see this as a low end F12. Agree VG08 is under graded.
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Bedrock of the Community
 United States
18702 Posts |
another undergraded coin. the good thing is that if you paid VG $$ for it you made out.
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Pillar of the Community
 United States
1519 Posts |
I personally think this should just make F-12. I have noticed that newer NGC is the hardest on circulated Barber 50c in the VG-VF range. It doesn't seem like they are grading by the ANA or David Lawrence standards. That has led to me getting some good deals, as I am cracking them out for my album. I have not purchased this coin yet. It is up for auction later this month, and if the price is right, I will give it a shot. VG-8 is a $200-250 cheaper than F-12 in the price guide. We will see if people are bidding the coin or the slab.
Edited by ericgreen 11/11/2023 10:50 am
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Bedrock of the Community
 United States
18702 Posts |
Quote: check PCGS Photograde. VG is supposed to have a net of three letters in Liberty readable, typically LI and a partial letter or two. F is supposed to have "fully readable" Liberty but "may have letters partially missing." keep in mind kbbpll that in todays grading you can't just look at one marker to establish grade. one must look at the overall coin and the other markers as well. also, TPG's are not infallible. I can't count how many times we have come across undergraded or overgraded coins here. in addition. we are looking at photos and do not have the coin in hand. light glare, angle and focus all come into play as to what we see. these photos are quite good and fairly easy to grade. other issues that apply are the mint and date of the coin. problems at a particular mint or series can affect grade. for instance we know early bust half dollars are typically very weakly in certain areas. thats the way it left it mint. does one lower the grade since that occurred at the mint? TPG's think so from what we have seen. lots of things to consider and a lifetime of learning and thats why grading is very subjective and not objective. photograde can get you into the ballpark but don't rely solely on that to grade a coin. you have been here a while so I'm sure you probably have seen this before. this is more for anyone new coming in that may not have the knowledge base yet
Edited by panzaldi 11/12/2023 11:49 am
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Pillar of the Community
United States
4233 Posts |
@panzaldi you'll note that I also said "Certainly you have to look at the whole coin but I don't see anything pulling it down to VG8." I looked at probably a couple dozen of these and almost identical coins have gotten F12 or even F15 at PCGS. @ericgreen as a key date I doubt that the undergrading will go unnoticed by bidders, wait and see I guess.
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Pillar of the Community
 United States
1519 Posts |
Quote: I doubt that the undergrading will go unnoticed by bidders, wait and see I guess. You were correct, it did not go unnoticed. Sold for Fine pricing in a Heritage auction tonight. Heritage had some strong bidding in with the Barber half's tonight. I had to pay up well over price guide for the two I won. They were very choice examples though.
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Pillar of the Community
United States
2004 Posts |
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Pillar of the Community
United States
4233 Posts |
$264 with BP.
The interesting thing about this coin is that it is Reverse 2, recently discovered hub type published in BCCS journal, introduced in 1901. Previously there was only one reverse hub type documented. The difference is in the spacing of BUS in the banner relative to the beak, and the left banner end is angled and not straight on the second type. 1901 had both reverse types, and O and S mints also sporadically produced both through 1905. After seeing Rev2 on this coin, I started poking around and determined that only one reverse 2 die was used for 1901-S, but it was paired with both obverse 1 and obverse 2 (long documented obverse types). So a relative scarce reverse type. I doubt that it was a factor in the bidding though since hardly anybody outside BCCS knows about it.
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Pillar of the Community
 United States
1519 Posts |
Great information kbbpll. I knew about the reverse 2 discovery, but it hasn't been something I check for, as of right now.
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Pillar of the Community
United States
4233 Posts |
NGC says Quote: This date/mint is found with either the old obverse hub of 1896-1900 or the new one that debuted this year. The old (Type 1) hub is the more often seen variety, but the rarity and price of 1901-S halves precludes much interest in collecting both. So yes, not many collectors even look for the well-known obverse types. Now there are three combos for 1901-S that I'm aware of - Obv1/Rev1, Obv1/Rev2 (subject coin), and Obv2/Rev2 (new obv paired with the same Rev2 die). Might be a fun project to collect them all but not that interesting for most people and the rev differences take a lot of effort to ID.
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Bedrock of the Community
United States
11898 Posts |
Fine 12
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.com
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