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Replies: 13 / Views: 1,108 |
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Pillar of the Community
United States
878 Posts |
Could anyone tell me the approximate value of this coin? Also, the flip it came in said 1850-O, but this is a P, correct? Thanks!    
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Pillar of the Community
United States
2003 Posts |
First I would grade this coin as VF-25. Secondly it may have has the mintmark removed or altered. 1850P is a low mintage coin and value for the 1850P in VF is in the neighborhood of $600, While the value for the more common 1850 O is about $100
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Pillar of the Community
United States
745 Posts |
Looks like the O was removed
Tim Hughes
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Pillar of the Community
 United States
878 Posts |
Got it! That makes perfect sense to me! Thanks!
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Pillar of the Community
United States
3848 Posts |
Interesting coin, thanks for sharing. I definitely see the toolmarks.
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves.
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Bedrock of the Community
United States
94367 Posts |
Can you show us a close-up shot of the MM area?
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Pillar of the Community
 United States
878 Posts |
Quote: Can you show us a close-up shot of the MM area?
Here it is! The O is partially visible still. 
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
United States
3343 Posts |
The O looks like it was clawed off.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
3638 Posts |
It started out as an 1850-O. The mm has been altered.
One way to verify is to count the number of reeds on the coin. Philadelphia half dollars in 1850 had 145 reeds. New Orleans half dollars in 1850 had either 141 or 148 reeds. Reed counting can be a pesky adventure. I always used a small piece of masking tape to cover along the edge of one reed, and counted around the coin in the opposite direction, peeling off the sliver of tape only when I could see the last covered reed.
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Pillar of the Community
 United States
878 Posts |
Having understood all of that, what would the value of the coin be given the damage?
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Bedrock of the Community
United States
94367 Posts |
Maybe $75? 
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Pillar of the Community
 United States
878 Posts |
Quote: Maybe $75? Got it! Thanks for the advice. Looks like I probably overpaid a little at $90.
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Bedrock of the Community
United States
94367 Posts |
Not a very scientific guess. I just sort of cut the value of a choice VF in half. 
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Replies: 13 / Views: 1,108 |
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