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 Replies: 24 / Views: 4,366 |
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Pillar of the Community
United States
986 Posts |
I paid approximately 10x what Greysheet says I should pay for a problem free coin of the same date. So why did I pay so much for such a junky looking coin? And yes, I do know why, and personally think I got it for a great price.   |
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Moderator
 United States
187582 Posts |
Bonedigger will know...   |
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Valued Member
United States
67 Posts |
Got large letters?  |
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Pillar of the Community
United States
974 Posts |
Overton 114
Edited by Nelrak
08/29/2008 10:36 am
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Valued Member
United States
311 Posts |
10x? I'm going to guess that Abraham Lincoln had it in his pocket when he was assassinated.
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Pillar of the Community
United States
4541 Posts |
I dont think its an ugly coin but looks like it was in grandmas snuff can
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Valued Member
United States
295 Posts |
Looks to be the 114 UNITEDSTATES variety. The E in america is slightly higher than the M. Sweet coin!
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Pillar of the Community
United States
1130 Posts |
Must be an R.5 or R.6 variety for that kind of money.
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Moderator
United States
187582 Posts |
Still no comment from Bonedigger?  |
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Pillar of the Community
United States
1130 Posts |
Is it the picture or is the surface kinda bleached out ?
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Pillar of the Community
United States
6326 Posts |
I know !!......It's because you just LOVE Bust Halves and this one needed a good home !.......  |
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Pillar of the Community
 United States
986 Posts |
A few of you guessed it right. It's the rare 1830 O-114 Large Letters variety. This particular variety is listed as an R6 in the Overton book, but as an R5 in the latest BHNC updated rarity ratings. Edgar Souders wrote in Bust Half Fever that there were less than 29 coins of this popular variety in existence. These are normally found in VG-F, and this coin has exceptional detail left for the variety.
Just for comparison, Dick Osburn has a lightly cleaned example in VF on his site for $3700. So for around $600, this was an excellent buy in my book.
I don't have the coin in hand yet, so no comment on how the surfaces look.
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Pillar of the Community
United States
1130 Posts |
Edited by 1sikevo
08/29/2008 3:56 pm
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Pillar of the Community
United States
5318 Posts |
Quote:
there were less than 29 coins of this popular variety in existence Wow! Does that suggest a very short die run, or perhaps the survival rate of early US coins? |
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Moderator
United States
187582 Posts |
Quote:
Just for comparison, Dick Osburn has a lightly cleaned example in VF on his site for $3700. So for around $600, this was an excellent buy in my book. I believe you made a great deal! Quote:
I don't have the coin in hand yet, so no comment on how the surfaces look. I am sure when you get it, more pictures will be posted! |
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Pillar of the Community
United States
986 Posts |
Quote:Wow! Does that suggest a very short die run, or perhaps the survival rate of early US coins? The same reverse die was used in 1828 I believe, so these coins were struck when the die was on its last legs. While the survival rate is probably pretty low, the short die run combined with popular variety is what makes this so expensive. |
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Replies: 24 / Views: 4,366 |
Posted 08/28/2008 9:45 pm
