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1907-S 50c Barber Half Dollar

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numismatic student's Avatar
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 Posted 11/28/2021  11:02 pm Show Profile   Bookmark this topic Add numismatic student to your friends list Get a Link to this Message Number of Subscribers
$322. Apparently this retails for $480 in XF40. Thoughts? Thanks!

1907-S-50c-Barber-Half-Dollar
1907-S-50c-Barber-Half-Dollar
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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Ty2020b's Avatar
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4680 Posts
 Posted 11/29/2021  01:02 am  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
VF35, price seems a bit high.
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panzaldi's Avatar
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18685 Posts
 Posted 11/29/2021  07:59 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
obv XF45 rev VF35. i'll net it to XF40
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Coinfrog's Avatar
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 Posted 11/29/2021  09:36 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'm at EF-40 as well.
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T-BOP's Avatar
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 Posted 11/29/2021  10:53 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
EF-40-45 . A smidgen of green on reverse .Price seems high .
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numismatic student's Avatar
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 Posted 11/29/2021  11:25 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Why does the price seem high?
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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Ty2020b's Avatar
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4680 Posts
 Posted 11/29/2021  1:44 pm  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
Well, price seems high at VF35, which is what I have it at. If it pulls XF40, it's an OK price
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 Posted 11/29/2021  1:49 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
I also have this one at VF-35

If it squeezes into XF40 you bought it at greysheet price, which is nothing to write home about.
You realize when you know how to think, it empowers you far beyond those who know only what to think.

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numismatic student's Avatar
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 Posted 11/29/2021  2:02 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
What is the greysheet for this at XF40?

The eagle has a full top feather outline on both sides. Many XF Barber halves in PCGS holders don't even have that so I'm not worried that it's VF.
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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Zurie's Avatar
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 Posted 11/29/2021  2:23 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
I'd say XF-40.
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fortcollins's Avatar
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 Posted 11/29/2021  2:26 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
Looks like a keeper. Add me to the EF-40 parade. Pretty decent strike for the date. There may be a scratch below the eye and a little chatter in the field east of Miss Liberty, and it may want to go for an acetone swim.
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 Posted 11/29/2021  3:10 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
Greysheet is $325, so you actually paid more than a dealer to dealer price. Typically we hook each other up with 10-20 percent back of greysheet.
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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numismatic student's Avatar
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 Posted 11/29/2021  3:53 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply

Quote:
Greysheet is $325, so you actually paid more than a dealer to dealer price. Typically we hook each other up with 10-20 percent back of greysheet.


Why would I expect to get a dealer-to-dealer price in a retail setting like ebay?

Also I find it hard to believe that this coin trades between $260-$292.50 among dealers. Why would a dealer give up the opportunity to make the $200 spread to retail unless they were desperate for cash. This isn't a 1881-S Morgan dollar that you can buy by the truckload in an MS63 PCGS holder.

I think that your claim that I overpaid for this coin because I didn't get a 35-45% discount from retail is ridiculous.
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
Edited by numismatic student
11/29/2021 4:07 pm
Pillar of the Community
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 Posted 11/29/2021  5:03 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
I buy coins all the time under greysheet.

Dealers buy coins and sells amongst each other for back of greysheet.

That is common knowledge when you're a dealer or friends with them.

I understand now that you didn't know that.
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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Ty2020b's Avatar
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 Posted 11/29/2021  5:10 pm  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
I've personally bought plenty of coins on ebay at wholesale, or close to it, and sometimes under. Especially raw.

If you see this as XF then you did just fine, and that's all that matter bc it's your coin, but then why post and ask for opinions?

I'm still at VF35, and personally wouldn't have paid more than $280-$300. That said, I'd also have to probably keep looking a lot longer to find my deal than you did.
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numismatic student's Avatar
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 Posted 11/29/2021  5:53 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Everyone has their own idea of what a fair price for a coin is. My idea, based on my situation, is probably different than yours based on your situation. But saying thst I should expect to pay nothing more than the price that a dealer provides to other professionals as a courtesy and that anything above that is overpaying is unreasonable.

Dealers may, if they are able to, provide back of bid pricing, but they either expect a reciprocal courtesy down the road or are really in need of cash. Otherwise they can wait for a retail customer to come around to pay the full retail price.

I have received bargains, paid greysheet and I have paid way above "retail" in some cases. It depends on the situation. To take a broad brush and say that anything above 10-20% below greysheet is overpaying in naive and disrespectful of the value that dealers provide by sourcing material that we all need to complete our collections.

Back of bid pricing is a dealer courtesy not a right that everyone should expect.
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
Edited by numismatic student
11/29/2021 5:56 pm
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