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 Replies: 18 / Views: 2,160 |
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Valued Member
United States
55 Posts |
Problem-free attractive 1850 Half Cents are fairly tough in AU or better grades, in my opinion. The one listed below has me flummoxed though. PCGS MS63BN at $2,500 with 2.5 days still left to run. It's a lovely looking example, but per graysheet a 63BN is $420. I would expect a premium over sheet, so I thought an absolute max ceiling would have been $800-1,000. At $2,500 we're well into MS65BN territory. What gives? Is it a variety I'm unaware of, or is it THAT aesthetically pleasing? I own an NGC MS62BN CAC that I'm all of a sudden reassessing the value of.  https://www.ebay.com/itm/1850-Braid....m1438.l2649 |
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Pillar of the Community
United States
5825 Posts |
I've GOT to believe he misplaced the decimal.
$250 would make sense.
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Pillar of the Community
Russian Federation
5174 Posts |
Looks like a particularly frenzied bidding war.
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Valued Member
 United States
55 Posts |
Quote:
I've GOT to believe he misplaced the decimal.
$250 would make sense. It's not a fixed price listing. Bidders have bid it UP to $2,500 with 2.5 days left to run. It started at $0.99. P.S. I'll buy as many as you want to sell at $250. That is way too low for this coin. I could easily see upper 3 figures when all is said and done, but the auction is already well above that point. P.P.S. Perusing completed Heritage results, I'm seeing isolated results well above sheet, a 63BN at $1,400 and a 64BN at almost $3,000. Maybe graysheet is that far off the mark and someone thinks it has crackout potential. I recall having a discussion with a Chicagoland dealer almost 10 years ago who felt the 1850 Half Cent was a complete sleeper in higher circulated and uncirculated grades, especially with nice planchets. Edited by coinpictures
02/16/2018 08:53 am
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Bedrock of the Community
13014 Posts |
Greysheet is a wholesale price. They haven't sold for the greysheet pricd since 2003. The PCGS auction prices realized tool shows them consistently selling for double and triple that
Edited by basebal21
02/16/2018 10:03 am
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Valued Member
United States
55 Posts |
"Freshest"? Autocorrect on Graysheet perhaps? Not sure what you mean otherwise.
I get that Graysheet is wholesale and not always on the mark. Double to triple I expect (which would be $800-$1,200) hence my initial price expectation, but we are now at six times Graysheet, not double or triple.
I'll be interested to see just how much higher it actually goes.
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Bedrock of the Community
13014 Posts |
Yea Siri changed that for some reason. It may be a good variety I dunno, but if they're all going double and triple it's not out of the question for a premium one to be around that price
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Rest in Peace
United States
17900 Posts |
17 of the 25 bids are from two fighters. An ideal situation for David with two bidders that just won't quit.
It may be for crack out as I would have said easy 64 if upgraded.
A 64 of that quality would use $2500 as a nice down payment.
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Bedrock of the Community
United States
94367 Posts |
There are obviously some believers out there!
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Valued Member
United States
55 Posts |
That's a lot of cheddar. I'll be content with my 62 CAC as I like the appearance. I would post pictures, but this board for some reason converts lowercase NGC to uppercase NGC which breaks image URL references if hosted on a linux server, since those filename references are case sensitive. Sigh. EDIT: I'll just link to the web page with my Half Cents on them: https://myhalfcents.com/halfcents.shtmlEdited by coinpictures
02/16/2018 10:59 am
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Pillar of the Community
United States
8715 Posts |
You could upload the image to CCF, and post that.
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Valued Member
United States
275 Posts |
I enjoyed reading your site, thanks for posting.
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Pillar of the Community
United States
1101 Posts |
What would value be at a MS64?
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Pillar of the Community
United States
4211 Posts |
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Pillar of the Community
United States
7375 Posts |
That bidding is totally crazy. Neither one will pay, whoever wins.
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Valued Member
United States
55 Posts |
So you think it's a shilling situation?
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Replies: 18 / Views: 2,160 |
Posted 02/16/2018 08:40 am
