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Collecting Capped Bust Halves

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ndwlegal's Avatar
United States
160 Posts
 Posted 10/11/2013  1:01 pm Show Profile   Bookmark this topic Add ndwlegal to your friends list Get a Link to this Message Number of Subscribers
I have been collecting for about a year now and my interests are shifting to earlier classic coins. I started with Franklins, moved to Peace, and now I am thinking about CBHs. I definitely have been buying the book before I start on any coin series and was wondering what the best books or resources for CBHs are? For Peace dollars I read Burdette's book and liked the layout and format of that.

Also, I was over at the PCGS forum and some people there were talking about all the counterfeits for this series and how you should only buy slabbed Capped Busts, etc. and any coin not yet slabbed probably has problems. What are your all's thoughts on this? I have been looking through the archives and have seen a few coins that I can recognize as being problematic, but I did see one supposed counterfeit that was unbelievably good.
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muddler's Avatar
United States
7189 Posts
 Posted 10/11/2013  1:28 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
I primarily buy coins raw and have obtained a few bust halves; of the five I have purchased two were problem free, two were AU scratched and the last was over dipped and damaged but the detail drew me to it. One coin when I received it was just not right and I sent it back to the seller. So my experience on my limited purchases was 30% problem free raw.
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Wiggam007's Avatar
United States
217 Posts
 Posted 10/11/2013  2:30 pm  Show Profile   Bookmark this reply Add Wiggam007 to your friends list Get a Link to this Reply
US Early Half Dollar Die Varieties 1794-1836
Third Edition
First Printing
By Al. C. Overton
Editor Don Parsley

This is the main book that you will want to pick up if you start getting into bust halves. There is a fourth edition as well. This has detailed descriptions of all the different varieties on each year and how to identify them as well as their rarities. It doesn't have a lot on grading or on detecting counterfiets, but unless you are just doing a date set this is going to pretty much be a must have.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/11/2013  4:33 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply


Listen to the voice of wisdom. Overton is the namesake of Bust Half varieties because he defined them, and his work is the only really relevant publication necessary for the Bust Half collector. The Fourth Edition (published after Al Overton's passing) is known for significant errata; leave it be.

I do my Bust Half attributions with the Third Edition Overton, in combination with Heritage Auctions' Archive for high-res images of individual varieties.

Although Bust Half counterfeits do exist, generally they're poor contemporary fakes or coins which do not resemble the known Overton varieties for the year. The problem in this issue is not nearly as bad as Morgans, for instance, but as always arm yourself with knowledge and an inner understanding of Occam's Razor. Try to attribute/confirm attribution of any purchase before you make it.

Just be aware that Bust Halves have a fanatical following (heck, their official organization is the Bust Half Nut Club, if that's any indication), so there will likely be genuine and informed competition for any coin you'll chase. Don't expect serious bargains, and question those you *do* see. I find these coins not only frequently cleaned, but also difficult to detect as such in "standard" auction images.

I'm not trying to dissuade you. Heck, I love the issue myself. But it's imperative that you be an informed buyer.
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cipster's Avatar
United States
2362 Posts
 Posted 10/11/2013  6:32 pm  Show Profile   Bookmark this reply Add cipster to your friends list Get a Link to this Reply
Bust Halfs are great coins to collect. When I started collecting them a few years ago I found them to be reasonably priced. I mostly buy raw coins and break out any that are slabbed. There are a few early years 179x with many counterfeits so I would only buy certified coins or those approved by the experts on this forum. Regarding the other years I'm always able to attribute raw coins immediately upon receipt or during the auction with the Parsley book and haven't encountered any problems.

Regarding pricing I'm finding many bust half auctions on ebay getting out of control. This happens often on ebay with all coins but it seems to happen more often with bust halfs. It's frustrating to do a lot of research and then see some idiots getting into a bidding war and paying way beyond retail. I've had more success buying the higher priced bust halfs on Heritage because the buyers are more knowledgeable and the bidding doesn't get so crazy. Just my opinion of course..
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ndwlegal's Avatar
United States
160 Posts
 Posted 10/11/2013  6:41 pm  Show Profile   Bookmark this reply Add ndwlegal to your friends list Get a Link to this Reply
Any advice on where to find the Overton book? A quick search on Amazon, etc didn't turn up anything.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/11/2013  7:36 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Any advice on where to find the Overton book? A quick search on Amazon, etc didn't turn up anything.


It won't be easy. Too many people know this is the one book to have, it's not in print, and it isn't easily available. I paid $65 for mine; if you find a 3d Edition for less than $100, spend the money instantly.
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amida17's Avatar
United States
4897 Posts
 Posted 10/11/2013  8:00 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
There is one on abebooks. This is the revised edition. It is the one I have. Maybe Ddave would let us know the difference between this edition and the 3rd?

http://www.abebooks.com/servlet/Boo...alf%2Bdollar
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ExoGuy's Avatar
United States
4415 Posts
 Posted 10/11/2013  9:31 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
How about this little book on Bust Halves:

http://www.collectons.com/shop/item...lars-Souders

While the Overton book is considered the Bust Half Bible by many, this pocket book is tantamount to the New Testament, so to speak. It helped me cherry-pick one rare variety. Also, it fits easily in a shirt pocket, offers some easy to understand guidelines for diagnostics and costs under $20. For that money, it seems like a great entry tool for the budding Bust Half nut, methinks.
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United States
26 Posts
 Posted 10/15/2013  7:19 pm  Show Profile   Bookmark this reply Add CBJesse to your friends list Get a Link to this Reply
For the Overton books, the revised edition along with the first edition are both very outdated. You're going to want either the third edition or the fourth. The reason most serious Bust Half Nuts avoid the 4th edition is that it has some errors and with an issue regarding the authorship of the book. But, that being said, if you can't find or can't stretch for the 3rd edition the 4th should be fine for a time, while you learn the ropes.

I attribute my halves with a copy of Overton's book along with Glenn Peterson's "Ultimate Guide to Attributing Bust Half Dollars" 4th edition.

Another book that would be a great read is Edgar Sounder's Bust Half Fever, it will really provides a lot of great information about the rarity of overdates, true mintage figures along with great information about why you should stick with Bust Half with original surfaces. There are two editions that are both pretty hard to find but with time you should be able to find one for a decent price.

Have fun, it's a really great series.
Edited by CBJesse
10/15/2013 7:22 pm
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Joe2007's Avatar
United States
3843 Posts
 Posted 10/15/2013  11:23 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Some great advice in this thread.

Collecting Capped Bust halves is a lot of fun! Just make sure that you take your time and look for nice original examples that aren't cleaned or overdipped. There are really no stoppers other than the 1815/2 and the 1836 Reeded Edge although the dates in the earlier part of the series are a bit harder to find than some of the later dates. The Overton/Parsley book is difficult to locate, I'm still looking for a copy myself.

The most important thing is to have fun!
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