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1857 O Half Dime From My Newly Found LCS

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RES's Avatar
United States
252 Posts
 Posted 12/31/2019  2:08 pm Show Profile   Bookmark this topic Add RES to your friends list Get a Link to this Message Number of Subscribers
This is my first Half Dime. I paid $43 at my LCS. It's a beautiful coin in hand. How did I do? I also picked the Monroe Half Dollar for $12.

Grading Recommendations Greatly Appreciated!

1857-O-Half-Dime-From-My-Newly-Found-LCS
1857-O-Half-Dime-From-My-Newly-Found-LCS
1857-O-Half-Dime-From-My-Newly-Found-LCS
1857-O-Half-Dime-From-My-Newly-Found-LCS
Edited by RES
12/31/2019 2:12 pm
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Onedollarbillnut's Avatar
United States
745 Posts
 Posted 12/31/2019  2:24 pm  Show Profile   Bookmark this reply Add Onedollarbillnut to your friends list Get a Link to this Reply
The Half Dime is a details coin with damage on both sides. The Monroe half dollar has been harshly cleaned.
I think you paid too much for the Half Dime. The half dollar is worth silver.
Tim Hughes
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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/31/2019  2:48 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
The Half Dime is VF/XF details (multiple scratches), second is a details coin as well (harshly cleaned).
Edited by Coinfrog
12/31/2019 2:49 pm
Valued Member
RES's Avatar
United States
252 Posts
 Posted 12/31/2019  3:00 pm  Show Profile   Bookmark this reply Add RES to your friends list Get a Link to this Reply
The scratches don't show in hand on the coin. I can't photograph as well af I'd like. The scratches being what they are what would yal have paid for it?
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Coinfrog's Avatar
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94367 Posts
 Posted 12/31/2019  4:21 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I wouldn't have paid more than $10 for it.
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 12/31/2019  4:46 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
I work at an LCS. My opinion is you got ripped.
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merclover's Avatar
United States
10635 Posts
 Posted 12/31/2019  9:20 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
I am certain that your LCS is happy to have you as a new customer! Unless you're of mind to return it, if you're happy with the coin, that's all that really matters, yes?
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 Posted 01/01/2020  1:47 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Don't go back to that place for coins.
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thecoinguy1964's Avatar
United States
1308 Posts
 Posted 01/01/2020  3:18 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
Someone took advantage of you, way overpriced JMHO.
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Coinfrog's Avatar
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94367 Posts
 Posted 01/01/2020  3:42 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
For $43, you were ripped off.
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BH1964's Avatar
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10982 Posts
 Posted 01/01/2020  4:18 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Hi RES - Don't despair because we've all done worse in the past. Were it not for the scratches, $43 would have been a fair price. As it is you have a $15 Half Dime IMO. The Half Dollar is a $7 piece. Most people learn by making mistakes and nobody is born an expert in anything except dirtying diapers.

You will do better in the future because of this minor purchasing error.
ANA #R3154474
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T-BOP's Avatar
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18456 Posts
 Posted 01/01/2020  8:45 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Oh well we all learn by our mistakes , You'll get there .
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Coinfrog's Avatar
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94367 Posts
 Posted 01/01/2020  8:51 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Take it back and ask for a refund. If he refuses, don't go back again.
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MrPink2018's Avatar
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2463 Posts
 Posted 01/01/2020  10:57 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
that's a sweet old Half Dime, but I join with the consensus in that the price is too high on both coins due to damage.

keep them where you can see them every day. those are lessons you have there, let them always remind you (until you think you have learned the lesson, at least). trial & error. I think most of us walk that path at least once.

..but, as you say: onward. if you stumble or fall, try to fall forward!
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RES's Avatar
United States
252 Posts
 Posted 01/01/2020  11:05 pm  Show Profile   Bookmark this reply Add RES to your friends list Get a Link to this Reply
12 for the monroe seemed fair. I liked it as a pocket piece. I could have bought a very nice Columbus for 20, but I didn't want to ruin a nice half as a pocket piece. And honestly I didn't see the scratches until I photographed the Half Dime.

Do yal have a pricing method for coins with damage like that? Something like graded price divided by two and you have fair price? I'm definitely on a budget so I can't buy just MS coins. I know that in order to get done if the coins that I want il have tp style with less desirable coins, but I don't want to be taken advantage of either.
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Joe2007's Avatar
United States
3843 Posts
 Posted 01/02/2020  7:15 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Personally I try to avoid damaged coins if possible unless it is rare and otherwise unaffordable on my coin budget. The damage can't be severe and the coin needs to have otherwise excellent eye appeal. If the coin meets the above criteria I want it for a deal, no more than 25% of what a undamaged coin would retail.

I would be careful of this dealer in the future. There are many that charge full retail for coins that should have been discounted for defects. Some dealers have entire stores of such coins that look good on first glance but always have something wrong with them. I am really lucky that I've found a coin dealer at a local coin show that treats me really well and doesn't sell junk and for this I give him a big chunk of my coin budget every month.
Edited by Joe2007
01/02/2020 7:21 pm
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