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1795 Flowing Hair Half Dime

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Valued Member

United States
384 Posts
 Posted 06/29/2017  6:57 pm Show Profile   Bookmark this topic Add Jolteon1698 to your friends list Get a Link to this Message Number of Subscribers
Hey,

This is a coin that's quite rare. What are your thoughts? It is straight graded.

1795-Flowing-Hair-Half-Dime

1795-Flowing-Hair-Half-Dime
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BigSilver's Avatar
United States
2843 Posts
 Posted 06/29/2017  7:24 pm  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
If that is not P01 I dont know what is.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 06/29/2017  7:33 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Unsatisfing condition but nevertheless an important heritage coin that must be preserved.
Valued Member
United States
384 Posts
 Posted 06/29/2017  8:00 pm  Show Profile   Bookmark this reply Add Jolteon1698 to your friends list Get a Link to this Reply
What would you pay for a coin like this? I have a offer to buy the coin but wondering what would be fair (and a good deal for me)
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paralyse's Avatar
United States
12057 Posts
 Posted 06/29/2017  8:20 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Not sure how it straight-graded with the major gouges on the reverse.

That being said -- this is a coin that trades on numismatic rarity and historical significance. As such, its value lies therein, more so than in its grade.

Your only reliable yardstick to measure a reasonable price would be to see if you can locate previous auction sales of examples in similar condition, and then use that as a guide. The number of people who collect the early Half Dimes is a small one; but they are a devoted group, and so, your chances will depend on if anyone's actively looking to enter the market other than yourself.
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Valued Member
United States
384 Posts
 Posted 06/29/2017  8:23 pm  Show Profile   Bookmark this reply Add Jolteon1698 to your friends list Get a Link to this Reply
It's graded PO1. I've been looking for prices but can't find comparables. Does anyone have a grey sheet price or know what it sells for previously?
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paralyse's Avatar
United States
12057 Posts
 Posted 06/29/2017  8:26 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Larry Briggs has a 1795 LM-8 graded as Fair/Poor listed @ $510.00. Yours is a bit more worn, so I would expect $450-$500 to be reasonable.
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westernsky's Avatar
United States
7631 Posts
 Posted 06/29/2017  8:32 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
I'd say real world value is no more than about 20% of what a G4 coin would be at Greysheet bid.

All the Seller needs is two lowball collectors to get into a bidding war then all bets and estimates are flushed right down the toilet.
Valued Member
United States
384 Posts
 Posted 06/29/2017  8:43 pm  Show Profile   Bookmark this reply Add Jolteon1698 to your friends list Get a Link to this Reply
Are there grey sheet prices for coins like this?
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paralyse's Avatar
United States
12057 Posts
 Posted 06/29/2017  8:58 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Only as a type coin, and even then, not below Good.
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 06/29/2017  9:45 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
It should not have straight-graded. It is bent.
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cownas22's Avatar
United States
1055 Posts
 Posted 06/29/2017  10:28 pm  Show Profile   Bookmark this reply Add cownas22 to your friends list Get a Link to this Reply
I agree it appears bent at 3 o'clock on obverse. I think it got a generous po-1 straight grade, I think the grader graded based on rarity more so than condition, I would look for a better more pleasing low grade example
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 06/29/2017  10:48 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
I agree with this grading PO-1, but this definitely looks like a Details coin, regardless of what the grading company said.
Valued Member
United States
384 Posts
 Posted 06/29/2017  10:50 pm  Show Profile   Bookmark this reply Add Jolteon1698 to your friends list Get a Link to this Reply
I ended picking it up for low 300s, it's a rare coin that I otherwise can't afford and it is another type coin added
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IndianGoldEagle's Avatar
United States
36845 Posts
 Posted 06/30/2017  08:30 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
PO-1. At that grade I'm not sure "details" would matter much.
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Andrew99's Avatar
United States
1533 Posts
 Posted 06/30/2017  08:44 am  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
$300s seems fair.
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