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Grade And Value Of This Rare 1847 Half Dollar

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Heymikep's Avatar
United States
824 Posts
 Posted 05/21/2017  5:26 pm Show Profile   Bookmark this topic Add Heymikep to your friends list Get a Link to this Message Number of Subscribers
Here is another that I would like your opinion on for a grade and more important, value. Thanks!


Grade-And-Value-Of-This-Rare-1847-Half-Dollar

Grade-And-Value-Of-This-Rare-1847-Half-Dollar
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Coinfrog's Avatar
United States
94367 Posts
 Posted 05/21/2017  6:18 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
VG-08, value maybe $50-60 bucks. Sorry, not rare, in fact common.
Edited by Coinfrog
05/21/2017 6:19 pm
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numismatic student's Avatar
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11920 Posts
 Posted 05/21/2017  6:51 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
vg10. looks cleaned but may be mkt acceptable. $40-50.
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Coinfrog's Avatar
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 Posted 05/21/2017  6:55 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree, acceptable, about as inexpensive as they come for the type.
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Heymikep's Avatar
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 Posted 05/21/2017  9:41 pm  Show Profile   Bookmark this reply Add Heymikep to your friends list Get a Link to this Reply
Are there an Seated Liberty experts out there?
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 05/21/2017  11:14 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
VG-10.
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 05/22/2017  08:54 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
VG-10
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SeatedNut's Avatar
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2797 Posts
 Posted 05/22/2017  09:53 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
"Are there any Seated experts out there?"

Mike, why would you ask this question with spot-on grading provided by the majority of responders? Are you thinking this might be an 1847/6 example? If so, you are mistaken. Diagnostics for that rare variety are missing on your coin. That variety shows the base of the 4 and the lower curl of the 6 below the date (half-way between the date and denticles) and shifted significantly left.

Let us know your thoughts on this.
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Heymikep's Avatar
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 Posted 05/22/2017  11:47 am  Show Profile   Bookmark this reply Add Heymikep to your friends list Get a Link to this Reply
SeatedNut, Yes, this is an 1847/6. It is a LDS and can be matched by the high and right of the date. The 1 lines up with an M3 which is only found in the 1847/6. The base of the 4 and the lower curl of the 6 is on the EDS (WB-102, WB-9) and not the LDS (WB-102, WB-10). All of the other 1847 varieties have the 1 lined up from l5 to M1. You can reference it in Bill Bugerts Register of Liberty Seated half dollar Vol 5. It is listed as a WB-102, WB 10. Please let me know what you think.
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jpbone's Avatar
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1959 Posts
 Posted 05/22/2017  12:56 pm  Show Profile   Bookmark this reply Add jpbone to your friends list Get a Link to this Reply
Regardless, it is a details coin. Scratch and gouge. I cannot speak to the over date designation. Not a bad looking coin, but it has issues.
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TobyJ's Avatar
United Kingdom
1273 Posts
 Posted 05/22/2017  1:05 pm  Show Profile   Bookmark this reply Add TobyJ to your friends list Get a Link to this Reply
If it is indeed the 47 over 6, a grade of F-12 in The Yeoman 2018 US Red Book states its value as $3500, and VG-08 as $2500. Catalogue then places it at around $2500 to $3000 ? I have no idea on value, just thought I'd chip in. Catalogue prices generally slightly inflated aren't they?
I'm interested to know what it might be worth.
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SeatedNut's Avatar
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 Posted 05/22/2017  1:51 pm  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
Mike,
I don't have access to Vol V to verify date placement for the LDS coin, so I will trust your testimony. Your coin does indeed have an M3 placement and not an L5 or M1. If that is Mr Bugerts' diagnostic for the LDS, then congrats. I would concur with jpbone that with the obverse scratches and gouge this would only earn a details grade. Details Grades take away up to 75% of non-details values.

For others not familiar with Mr Bugerts' date placement methodology, he references the middle three sets of vertical lines in Liberty's lower shield and calls them L (left), M (middle), and R (right). The line farthest left is L1, then L2, then L3 the spaces between lines are 4 and 5. M3 would be a vertical line dropped from the right-most middle line that follows down the right side of the 1 in 1847.

We all learn something new every fay.
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Heymikep's Avatar
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824 Posts
 Posted 05/22/2017  2:52 pm  Show Profile   Bookmark this reply Add Heymikep to your friends list Get a Link to this Reply
Yes, I agree with the details (unfortunately) but I am still happy that I have this in my collection. PCGS has an image of both the LDS and the EDS (FS-301) varieties.

Here is something interesting. PCGS has a total of 29 - 1847/6 (both varities combined) coins graded and NGC has 4 for a total of 33 graded 1847/6 coins. For the 1878 S, PCGS has 32 graded and NGC has 13 for a total of 45 graded 1878 S Half Dollars. There are only two other half dollars in the series that have less, the 1842 small date w/1839 reverse and the 1853 No Arrows, both have 4 known to exist.
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Heymikep's Avatar
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 Posted 05/22/2017  8:19 pm  Show Profile   Bookmark this reply Add Heymikep to your friends list Get a Link to this Reply
So assuming that this is an 1847/6 and a grade of VG10 details, what would you say the value be on this?
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Coinfrog's Avatar
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 Posted 05/22/2017  8:54 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Wow, $3K for an overdate that can't even be seen in a blown-up pic?

I defer to you Seated Half guys, but this seems a bit nuts.
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Crazyb0's Avatar
10197 Posts
 Posted 05/22/2017  9:19 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Yea, w/ the Frog. When I expanded OP's pix, I see a solid 7, nothing around any edge of it where an over stamp would show. Really need to see side by side w/ OP's reference matls.
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