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 Replies: 9 / Views: 1,779 |
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Pillar of the Community
United States
1448 Posts |
Thoughts on grade and value of this coin?   |
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Bedrock of the Community
United States
94367 Posts |
Don't know much about grading standards for this, but it seems to be in the VG/F range. Not worth much except as a curiosity, say maybe $12.
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Pillar of the Community
 United States
2843 Posts |
 if that |
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Bedrock of the Community
United States
94367 Posts |
Sad but true. If that, even at retail.
Edited by Coinfrog
06/09/2016 5:31 pm
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CCF Master Historian of USA Commemoratives
 United States
12266 Posts |
I would agree that the coin likely falls into the VG/F range, but we have some true experts on grading circulated commemorative coins here on CCF who can likely be more definitive.
As others have stated, its value is likely little more than its silver melt value. Now, if it was in a much lower state (e.g., Fair 2) it might be worth a bit more as some collectors pursue lowball sets of commemoratives and seek out the lowest possible grade for each coin. This creates a bit of competition for some pieces at the very bottom of the scale and thus can drive some prices up.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Moderator
United States
15414 Posts |
Offering my opinion as one of the supposed 'experts on circulated classic commemorative' ... LOL ... the acknowledgment as an 'expert' on any numismatic topic still feels like a bad fit. That said .. IMHO ... your coin would grade in the range suggested above ... VG/F ... and the dark surfaces detract from the eye appeal. Value is silver melt plus maybe a slight premium for the historical value of this tremendous issue. Quote:
Now, if it was in a much lower state (e.g., Fair 2) It's going to take a PO01 certified example to excite us lowball collectors ... and only if that is the 1892 dated issue. There are 4 total PCGS PO01 1893 ... but the 1892 lowball is FR02. David |
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Rest in Peace
United States
7075 Posts |
I am stupid/crazy for these.
I like the ones -- like yours -- that were circulated because they make me think of all the people who may have used it. It's a nice piece of history.
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Pillar of the Community
 United States
1448 Posts |
Thank you all. This coin was one of the many coins I'm helping a relative go through in her husband's silver stash. I have no clue about the coin as I stick to capped bust halves but thanks for providing some insight on its value
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Bedrock of the Community
United States
11951 Posts |
Everyone pretty much covered it.
VG/F
A dealer most likely buy it as they do other 90% silver half dollars.
Some dealers might try to sell it for a premium, but most likely
they would sell it with their other 90% common silver.
Coins like this were sold at the 1892/1893 Chicago worlds fair.
There are both 1892 and 1893 dated coins.
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Pillar of the Community
United States
4590 Posts |
They didn't sell as well as hoped at the expo for 2x ($1 ea) and over half were returned to the mint to be melted. Some were used as pocket pieces that escaped (or were dumped) into circulation later on at face - you will occasionally see even lower graded coins. Quote:
1893 Issue: The Philadelphia Mint began production of 1893-dated Columbian Commemorative Halves on January 3 of that year. A grand total of 4,052,105 pieces were produced (including 2,105 coins for assay purposes), but sales were nowhere near the levels hoped for by government officials. The Mint destroyed all of the unsold coins. That amounted to 2,501,700 coins which were melted.
We note that some of the examples that managed to avoid melting were placed into circulation. Even so, the 1893 Columbian is not a rare coin in the lower and middle Mint State grades. It is only above the Gem level that this issue assumes an aura of unquestionable rarity. http://www.coinweek.com/coins/comme...half-dollar/-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Replies: 9 / Views: 1,779 |
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Posted 06/09/2016 4:55 pm
