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1890 Half Dollar. Underrated , Or Priced Just Right?

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tfred's Avatar
Canada
627 Posts
 Posted 09/12/2013  4:34 pm Show Profile   Bookmark this topic Add tfred to your friends list Get a Link to this Message Number of Subscribers
thoughts?
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kuh_85's Avatar
Canada
2366 Posts
 Posted 09/12/2013  4:38 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
I think you forgot the link..... :-)
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tfred's Avatar
Canada
627 Posts
 Posted 09/12/2013  4:43 pm  Show Profile   Bookmark this reply Add tfred to your friends list Get a Link to this Reply
Nope, no link. I have a chance to pick up a VF but we haven't agreed on a price yet, and I was wondering if they are worth all the money that the guide says.
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morgandude's Avatar
United States
380 Posts
 Posted 09/12/2013  5:01 pm  Show Profile   Bookmark this reply Add morgandude to your friends list Get a Link to this Reply
Wow, that one might be pricey.

The easiest way for me to determine a price is by ebay:


http://www.ebay.com/itm/1890-H-Cana...em35c6a91e7a
Edited by morgandude
09/12/2013 5:03 pm
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Pokermandude's Avatar
Canada
1192 Posts
 Posted 09/12/2013  5:12 pm  Show Profile   Bookmark this reply Add Pokermandude to your friends list Get a Link to this Reply
It is a somewhat scarce piece. But not so scarce that a piece with problems doesn't severely effect the value. For example, the vast majority of collectors would settle for a cleaned/damaged 1921 5 cent piece at 400 known. But with a 20,000 mintage piece, they're much more plentiful. And thus much easier for a collector/dealer to want to pass on a problem one in favour of finding a better one.

On the other hand, it is scarce enough that it has been a target for being faked. So I'd make sure it's certified before buying.
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Canada
2301 Posts
 Posted 09/12/2013  6:03 pm  Show Profile   Bookmark this reply Add nickelsguy to your friends list Get a Link to this Reply
Tough coin. There are more vg8 1921 5 cents available on any given day than 1890 halfs in vg to VF. Coin is under valued in my opinion.
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artdio's Avatar
1844 Posts
 Posted 09/12/2013  9:52 pm  Show Profile   Bookmark this reply Add artdio to your friends list Get a Link to this Reply
100% with nickleguy.....I have an awesome 1890 h along with a couple lower grades.... Less mintage than the 1921 half ..So Yes undervalued
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Canada
9865 Posts
 Posted 09/12/2013  11:00 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
7 listed on ebay now.
7 have sold on ebay in the last 3 months.
Grossly overvalued in the lower grades.
"Dipping" is not considered cleaning...
-from PCGS website
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Pokermandude's Avatar
Canada
1192 Posts
 Posted 09/12/2013  11:17 pm  Show Profile   Bookmark this reply Add Pokermandude to your friends list Get a Link to this Reply
It is not even close to the same league as the 1921 5 cents, let alone the 1921 50 cents! What are you guys smoking?
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Canada
2301 Posts
 Posted 09/13/2013  06:02 am  Show Profile   Bookmark this reply Add nickelsguy to your friends list Get a Link to this Reply
I quit smoking 3 days ago......
Most dealers carry a 1921 5 cents. They are easy to find. A no problem 1890 half is harder in my opinion.
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Canada
686 Posts
 Posted 09/13/2013  10:28 am  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
Just looked up C&P's auctions over the last several years.

I can see 22 unique 1890H 50 cents, and 29 unique 1921 5 cents. Based on that, I'd have to say they're in the same league, but the 1890H might be slightly harder to come by.

The median grade of the 1890H half is VG10/F12, and the median grade of the Prince is VF30.

Average sale prices (before 18% premium, and taxes):
1890h half:
AG3: $600
G4: $750
G6: $900
VG8: $1200
VG10: $1800
F12: $2100
F15: $2900
VF20: $3850
VF30: $4800
VF35: $4900
EF40: $5000

1921 5 cent:
VG8: $4150
VG10: $4400
F12: $5500
F15: $5500
VF20: $5250
VF25: $5250
VF30: $7000
EF40: $8800
EF45: $9750
AU53: $9750
AU55: $16500
MS62: $17000
MS63: $27500
MS64: $30000

I went strictly by the sale prices, no adjustments for whether the coins were graded by a TPG, or who the TPG was.

Given that they are about equally scarce (per these numbers), I think it's kind of bizarre that you could acquire an EF40 1880H 50 cent (which is at least 2 full grades above average... and the highest grade that sold) for $5000, but it would cost $7000 to buy a VF30 1921 5 cent, which is the average grade for that year.
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Canada
9865 Posts
 Posted 09/13/2013  10:56 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
I quit smoking 12 days ago.
Nothing's changed since day 11.
Any coin that sells on ebay at a rate of about one biweekly is not scarce.
They are grossly overvalued in low grades.
Nice examples,F12 or better are tough,but don't waste money on the POS grades.
"Dipping" is not considered cleaning...
-from PCGS website
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Canada
2301 Posts
 Posted 09/13/2013  11:33 am  Show Profile   Bookmark this reply Add nickelsguy to your friends list Get a Link to this Reply
good for you DBM. Day 4 seems tough so far.......
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tfred's Avatar
Canada
627 Posts
 Posted 09/13/2013  12:18 pm  Show Profile   Bookmark this reply Add tfred to your friends list Get a Link to this Reply
The 1890h that I was considering was ICCS VF20. He sold it to another party for 5K. More then I was willing to pay. Good for the seller though!
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glenzy1's Avatar
Canada
1554 Posts
 Posted 09/13/2013  12:40 pm  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
Tfred, with your money you should be shopping for an 1890H in nothing less than Mintstate. There are no I.C.C.S. examples available under MS-64, so you'll have to settle for a P.C.G.S.

Glenn
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tfred's Avatar
Canada
627 Posts
 Posted 09/13/2013  2:08 pm  Show Profile   Bookmark this reply Add tfred to your friends list Get a Link to this Reply
I wish
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