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1838 Capped Bust Half Dollar

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coinsandcoins32's Avatar
United States
159 Posts
 Posted 02/13/2013  11:28 pm Show Profile   Bookmark this topic Add coinsandcoins32 to your friends list Get a Link to this Message Number of Subscribers
I am not good at grading coins in higher grades...so what would you call this beauty. Also what do you think about the rim on the left, what do you think caused that? Additionally I believe that it is cleaned, so it would probably come back as details if I sent it out to get graded. However what would you call it disregarding the details grade. Thanks!

1838-Capped-Bust-Half-Dollar

1838-Capped-Bust-Half-Dollar
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United States
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 Posted 02/14/2013  12:40 am  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
looks au details
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BH1964's Avatar
United States
10982 Posts
 Posted 02/14/2013  01:12 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
AU55. Appears to have excellent luster and lots of detail. Likely was dipped and not abrasively cleaned.

Are you asking about the obverse area near the rim from 8:00 to 1:00? That could be a scratch or a die crack. It's an attractive coin.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/14/2013  02:33 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
That obverse crack is characteristic of Reiver's JR-5a variety; not sure what that translates into under the new Graham-Reiver system. The striations you see on the reverse are as-struck; 1838's and 1839's are known for them (even into the letters), believed to be from the strip roller at the Mint.

Beautiful coin.
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Joe2007's Avatar
United States
3843 Posts
 Posted 02/14/2013  02:48 am  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Definately has been dipped but there is a chance that it could get into a problem free holder. Looks more BU than AU to me.
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westcoin's Avatar
United States
9792 Posts
 Posted 02/14/2013  03:08 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
it does have more BU feel from it, the only thing holding me back from saying full unc is the field in front of Liberty's face, it looks pretty beat up. Probably AU55/58 with an old dipping.
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coinsandcoins32's Avatar
United States
159 Posts
 Posted 02/14/2013  06:40 am  Show Profile   Bookmark this reply Add coinsandcoins32 to your friends list Get a Link to this Reply
Ok thank you all. Do you think it would be worth it to get it graded?
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supgog's Avatar
Israel
2420 Posts
 Posted 02/14/2013  07:23 am  Show Profile   Bookmark this reply Add supgog to your friends list Get a Link to this Reply
Can't seem to find any wear on it, but it might come back in an AU slab.
Nevertheless, even in AU, it is definitely worth slabbing, and I'd send it to PCGS.
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Jaobler's Avatar
United States
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 Posted 02/14/2013  09:33 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply

Quote:
The striations you see on the reverse are as-struck; 1838's and 1839's are known for them (even into the letters), believed to be from the strip roller at the Mint.


Interesting factoid; I didn't know that! My first thought would be adjustment marks inflicted when an overweight planchet was filed down before being struck. Do you know Dave whether the mint was still adjusting planchets as late as 1838?

Gradewise, looks high AU, probably AU-58. Reverse denticles are pretty weak but I presume that is strike-related. No hairline scratches to speak of.

What about the color? Is the coin actually that brownish-gold shade as shown in the photos? I'd guess that was the result of retoning after an old dipping. It may or may not prompt a "cleaned" judgment from a TPG. It's still worth having it graded. In my experience ANACS might be more likely to slab it as problem-free. PCGS is pretty picky (and inconsistent) about the whole cleaning/dipping/toning issue. They could throw out anything from a righteous grade to "altered surface" or "artificial toning" for this coin.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/14/2013  1:57 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
They weren't adjusting planchets; just a sea change in the process as indicated by the switch to reeding.

The color of the coin is not as it appears here. The white balance of the images is off, as indicated by the yellowish hues in the background which is obviously black. Expect the coin to look more like this, in-hand:

1838-Capped-Bust-Half-Dollar

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coinsandcoins32's Avatar
United States
159 Posts
 Posted 02/14/2013  3:14 pm  Show Profile   Bookmark this reply Add coinsandcoins32 to your friends list Get a Link to this Reply
That is exactly how it looks in hand. How can I fix the color of the pictures like that in the future?
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muddler's Avatar
United States
7193 Posts
 Posted 02/14/2013  3:31 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
Your 1838 half is sharper than my example that is ANACs has graded AU 53. The brightness and the streaking liberty is facing may get you a details MS 60.

Here is mine to compare.

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peterplanchet's Avatar
United States
98 Posts
 Posted 02/14/2013  11:17 pm  Show Profile   Bookmark this reply Add peterplanchet to your friends list Get a Link to this Reply
I don;t see anything on the coin that is clearly rare -- so it should be an uncirculated grade. The field scratches on the obverse might keep it in a lower BU grade.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 02/15/2013  07:01 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
This should be a two graded coin. That is the way it would be described at auction in Australia.

Should get MS61 or 2. Obverse has a few tiny impact pits. Reverse much better.
It is a pity that the grade is determined by the lowest grade side.

In all honesty, BOTH sides should be graded on their own merits, as in the U.K.
If that were the case, MS 62 / MS 64.
Then again, The U.K. only recognises Sheldon for U.S. and related coins.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/15/2013  3:42 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
That is exactly how it looks in hand. How can I fix the color of the pictures like that in the future?


Your camera should have a white balance setting which allows you to tailor the camera's output to whatever kind of light you're using - the setting would be different for a regular tungsten lamp than a fluorescent one, for instance.
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