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Edward 50 Cent Pieces

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Canada
84 Posts
 Posted 06/06/2011  6:53 pm Show Profile   Bookmark this topic Add marjonbc to your friends list Get a Link to this Message Number of Subscribers
I know that 1904 and 05 are the keys... but is it only my imagination or are virtually all the years hard to find in decent grades? I typically don't see any more 06 and 07 for instance for sale at VF or EF then I do the 04 and 05 even though the mintages are 5 or more times higher. Are they all sleepers or just not as many getting certified?
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glenzy1's Avatar
Canada
1554 Posts
 Posted 06/06/2011  8:26 pm  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
Edwardian coins among all five decimals are difficult to acquire for most Collectors in respectable grades. It is the only series I find it very hard to acquire in Mintstate grades for the nickels/dimes/quarters and EF-40/AU-50 grades for the halves are brutally hard.
Currently E-bay has at least a half dozen 1906 and 1907 halves for sale in VF-20/30 grades at great prices. (raw and Certified-check} CoinMart)
I think, as a result of Bullion gold/silver prices being so high, there is currently little interest in collector coins. Therefore, a lot of would be sellers are holding back their "good stuff" until such time things level out with Bullion prices and demand for collector coins return.
These are my Edwardian halves (all I.C.C.S. slabbed):
>1902=EF-45
>1903H=AU-58
>1904=VF-30
>1905=VF-20
>1906=EF-40
>1907=AU-50
>1908=VF-20
>1909=EF-40
>1910=AU-55 (Edwardian Leaves)

Glenn
Edited by glenzy1
06/06/2011 8:37 pm
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Colhand1's Avatar
United States
629 Posts
 Posted 06/07/2011  11:50 am  Show Profile   Bookmark this reply Add Colhand1 to your friends list Get a Link to this Reply
I find the series hard to grade. It seems that the king's crown disappears very quickly and that is the key area to look at for grading purposes. With a clear crown you will see more ear, facial hair. The reverse can look much better than the obverse. So not only hard to find in a good grade but hard to find graded right as well.
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SPP-Ottawa's Avatar
Canada
10460 Posts
 Posted 06/07/2011  2:00 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
Colhand1, your tips only apply to fully struck coins. The Edward VII series is notorious for dead and weak strikes. Some weakly struck EF and AU coins look almost F to VF in terms of their technical grade. Lustre, rims and wear on other elements of the coin should provide clues. That said, if your goal is to only acquire fully struck coins, then some years you will be hunting for a very long time...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Colhand1's Avatar
United States
629 Posts
 Posted 06/07/2011  4:19 pm  Show Profile   Bookmark this reply Add Colhand1 to your friends list Get a Link to this Reply
SPP - I wasn't aware of this about the coins. How did you come by this knowledge? Through experience? Based on what you say then I could re-evaluate my collection? I do look for the characteristics of Edward as I have described when I make purchases. I have been a collector for many years but did not know this. If I am in the dark are also most others who collect this series? Meaning, I buy a xf-au when it looks like a f-vf and others look at it as being a f-vf, then what?
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Canada
617 Posts
 Posted 06/09/2011  01:05 am  Show Profile   Bookmark this reply Add EastVanRob to your friends list Get a Link to this Reply
Of course, 50 cents was a heck of a lot of money back then, so very few of them got put away, combined with their low mintage.

http://www.statcan.gc.ca/pub/11-516...1_48-eng.csv

According to this study, average annual earnings for production workers were $375 in 1905 and $417 in 1910.

Average annual earnings for supervisory and office employees were $846 in 1905 and $994 in 1910.

In those days, people usually worked around 300 days a year, so an average worker might be making $1.25 a day. That meant the 50 cent piece was probably needed for rent or groceries.
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glenzy1's Avatar
Canada
1554 Posts
 Posted 06/09/2011  08:14 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
When you look at the mintages of the Edwardian half dollar's, it makes one wonder how any of them made it to the 21st Century? Take into account this was not only the workhorse of the economy, but being made out of silver(soft metal that bends and wears easy), the survival rate would be that much harder.
Then add to that the soft/weak strikes that this series is notorious for, WOW, no wonder I don't have a mintstate example. Now I've just depressed myself.

Glenn
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Colhand1's Avatar
United States
629 Posts
 Posted 06/09/2011  09:23 am  Show Profile   Bookmark this reply Add Colhand1 to your friends list Get a Link to this Reply
Just got my CCN in the mail and they have the Torex? auction listings - sure you can find a MS Edward in there.
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