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 Replies: 35 / Views: 3,717 |
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Pillar of the Community
 United States
3058 Posts |
$300 to $500....I know nothing about Barber coinage, but I would be tremendously tempted to buy this one for that much! |
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Bedrock of the Community
 United States
11898 Posts |
I was watching some large show auctions looking for early silver dollars. I usually watch the barber half auctions while I am waiting. The early dollars do not have heated bidding. Just one or two bids take it at the $5k - $10k price range. These usually sell below estimate. The high end barber half auctions at the $5k - $10k range, on the other hand, have heated bidding with multiple bidders and 10-15 bids. The choice material, that seems more plentiful than in the early dollar series, gets bid up thousands above estimate. I was floored by the heated action. Anyone know what creates this dynamic? While the early $s in this price range are xf - low ms, the barbers in this price range are gem bu and beautiful. Seems like a lot of high end collectors with deep pockets on the choice - gem bu barber half market. Thw market is not nearly as robust as for capped, seated or Walking halves. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
03/10/2017 11:16 am
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Pillar of the Community
United States
7840 Posts |
I would stray beyond that realized auction range for the color. Sure is nice!
Edited by oih82w8
03/10/2017 11:17 am
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Pillar of the Community
United States
2125 Posts |
I like this coin at AU-58. Has great color and touch of rub on the cheek. Great feather detail!
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Bedrock of the Community
United States
11898 Posts |
The coin is in a PCGS 'UNC details - cleaning' holder and I paid $350.
I liked it and wanted to decide after examining in hand. I checked the heritage auction records and UNC details coins, on average, sell in the same price range as AU58 coins. This is not, in my opinion, an average coin. I suppose that the price paid correlates with the unc grade of the impaired coin and the unc grade range is pretty wide. Will check it out carefully and decide whether to hold on to it.
According to Heritage records of sales of 1892P Barber 50c, in the last 5 years, there are:
1 PCGS 'UNC Details - Cleaning' coin that sold for $493.50.
9 NGC 'UNC Details - Improperly Cleaned' coins that sold for $435 - $560.
I took out the UNC details coins that were harshly cleaned or had other problems because I think those issues aren't applicable to this coin.
AU58s have sold 15x between $365-$705 in the past 5 years. In the last 2 years between $399-$470.
This isn't going to work for oih82w8's everyman set. ;-}
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
03/10/2017 7:57 pm
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Bedrock of the Community
United States
12057 Posts |
Interest was already building in the series and was fired up even further when Duckor unloaded his top registry collection last year for unheard-of prices. The Barber halves all had low mintages, and circulated heavily; proofs were scarce (usually under 1500, later under 900) and the uncirculated halves were not often saved when new. The end result is that in grades above VF Barber halves are pretty nearly all condition scarcities for any date and mintmark combination. Further upwards financial pressure on the series comes from set collectors, as the Barber half dollar set is the only one of the three silver Barber series that can be completed in circulated to VF condition without needing a second mortgage (the Barber quarters) or winning the lottery (the Barber dimes.) In fact, much like certain other 19th c. series, the Barber halves encounter situations where coins are cheaper in Proof grades than in equivalent MS grades, usually around 64-65. A similar situation occurs with the early date Walking Liberty halves (pre-1934). However, you don't see this happen with Franklin halves, since they did not circulate nearly as often, mintages were higher, and by the time the Franklins came out, collectors were buying and saving uncirculated half dollars in roll quantities, creating lots of pretty BU coins for us to admire years later at affordable prices for the average person. By comparison, Bust and Seated halves (and your early dollars) suffer in terms of this level of financial "push" and bidding excitement except for high scarcity items or exceptionally choice material. I think the main reason is that there are very few collectors who pursue sets of Bust Halves, Seated halves or Early Dollars, due to expensive key date rarities, meaning that a single type coin or a few examples will suffice for most folks. In addition, the super-attractive toners found on some Barber halves would cost a great deal more on those other, older series, and Proofs are less available as well, if at all. My 1894 Proof:  Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis Edited by paralyse
03/10/2017 10:02 pm
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Bedrock of the Community
United States
11898 Posts |
Thanks for sharing your deep knowledge - and beautiful coins.  IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
03/10/2017 10:06 pm
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Bedrock of the Community
United States
12057 Posts |
I don't know about "deep" :P You're welcome though. I just try to learn as much as I can.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Bedrock of the Community
United States
12057 Posts |
That Proof is actually cheaper than an 1894 graded MS64+ would be. Such is the scarcity of, and demand for, high end Barber halves. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Bedrock of the Community
United States
11898 Posts |
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Bedrock of the Community
United States
11898 Posts |
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
03/13/2017 9:48 pm
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Pillar of the Community
United States
3479 Posts |
Super nice!  Did you notice any evidence of cleaning in hand? |
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Bedrock of the Community
United States
11898 Posts |
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Bedrock of the Community
United States
12057 Posts |
Score!!!
This is why pictures are always such a hit or miss proposition...
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Bedrock of the Community
United States
11898 Posts |
Thanks paralyse. Super excited and one more shot... I love this coin!  IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Replies: 35 / Views: 3,717 |
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Posted 03/10/2017 11:15 am
