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Talk To Me About 1832 Half Cents (Now With Pics!)

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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/21/2009  6:49 pm Show Profile   Bookmark this topic Add SsuperDdave to your friends list Get a Link to this Message Number of Subscribers
Depending on what source you cite, either 51,000 of these were minted, or none, or the mintage is included in the 1833 figure of 103,000. Or not. Either way, they must have been hoarded because prices are about the same as much higher-mintage Half Cents. You'd think this would be the key to the series.

Can anyone shed some light on this curiosity? Yes, I have an ulterior motive.
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bobby131313's Avatar
United States
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 Posted 02/22/2009  2:32 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
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Jaobler's Avatar
United States
6381 Posts
 Posted 02/22/2009  7:52 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
The 1832 through 1835 coins all sell for about the same price, regardless of grade. The PCGS population report does show that the total number of 1832 coins certified is the lowest of the 4 dates. There are also no examples graded RED by PCGS, while the other dates all have a few RED-certified coins listed.

It does look like, all else being equal, the 1832 might be the preferred date. Maybe future prices will escalate faster than for the others.

Do you perhaps have a photo you would like to share with us, Dave?
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Bilbo's Avatar
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812 Posts
 Posted 02/22/2009  8:23 pm  Show Profile   Bookmark this reply Add Bilbo to your friends list Get a Link to this Reply
Interesting.

Red Book and Coin Facts agree with the 51,000 mintage.
Coin Prices and Coin World list a 154,000 mintage.

The latter figure would account for the value being no higher for 1832, but I'm not finding any explanation for the discrepancy.

No answers, just more questions.

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BH1964's Avatar
United States
10982 Posts
 Posted 02/22/2009  8:38 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
Coin Prices and Coin World list a 154,000 mintage.


Coins Magazine lists the 1832 mintage at 154,000 also.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/23/2009  4:20 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Do you perhaps have a photo you would like to share with us, Dave?


Soon. I have one coming that tentatively looks about AU55.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/26/2009  6:03 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The coin in question:

Talk-To-Me-About-1832-Half-Cents-Now-With-Pics!

Talk-To-Me-About-1832-Half-Cents-Now-With-Pics!

Cohen-1, characterized by the highest point of the leaves being closer to the S than to the E. Note the recutting on the reverse, and the rusted-die artifacts.

I immediately suspected the surfaces - the color seems funny and I can see what might be hints of brushing. A little (okay, a lot) of research revealed many examples of this coin with similar color patterns, many in reputable slabs. No amount of bright halogen lighting and huge pics (the original size of the pics shown here is about 1700px) was able to reveal more than a few lines, and I went over it thoroughly with the loupe.

Maybe, maybe not. Keep in mind, I'm shooting these coins under the harshest-possible conditions.

Some mint luster remains. What do you think?

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jbuck's Avatar
United States
187702 Posts
 Posted 02/26/2009  6:07 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I am hardly an expert, but I like it!

I would have not problem whatsoever putting that in my 7070; where there just happens to be an empty space for it!
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atlashealth's Avatar
United States
1691 Posts
 Posted 02/26/2009  8:38 pm  Show Profile   Bookmark this reply Add atlashealth to your friends list Get a Link to this Reply
somebody's off by 100,000...I would go with PCGS figure(51K)
gorgeous example..enjoy!
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XxJamesAxX's Avatar
United States
21 Posts
 Posted 02/26/2009  9:06 pm  Show Profile   Bookmark this reply Add XxJamesAxX to your friends list Get a Link to this Reply
Very Nice!
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xshift's Avatar
United States
2669 Posts
 Posted 02/26/2009  9:30 pm  Show Profile   Bookmark this reply Add xshift to your friends list Get a Link to this Reply
That is GORGEOUS!

I have room if you want to give 'er up!
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Jaobler's Avatar
United States
6381 Posts
 Posted 02/27/2009  12:43 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
There is a hint of rub on Liberty's cheek and along the bottom edge of the bust. The surface color is lighter in the open areas around the portrait and the letters of Half Cent, which is consistent with friction from brief circulation. The coin has a glossy luster that looks original enough. I see a very few faint hairlines which should not hurt the grade. There are two minor distractions: the mark in front of Liberty's eye and the dark spot above A of HALF.

I grade this AU-58 and I don't see any reason why it would not slab at NGC or PCGS. It's a beauty!
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/27/2009  10:46 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Here's a second set with slightly different lighting. I think I got the true color a little closer with these.

Talk-To-Me-About-1832-Half-Cents-Now-With-Pics!

Talk-To-Me-About-1832-Half-Cents-Now-With-Pics!
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BH1964's Avatar
United States
10982 Posts
 Posted 02/28/2009  02:11 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
It's a beautiful coin for sure. The glossy luster makes me think it's been re-toned at some point. This coin saw very little, if any, circulation. One of the AU58-MS62 sliders that is a bargin when found under $200.
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manila galleon trade's Avatar
Spain
1361 Posts
 Posted 02/28/2009  12:17 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list Get a Link to this Reply
woowwww
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Bilbo's Avatar
United States
812 Posts
 Posted 02/28/2009  10:22 pm  Show Profile   Bookmark this reply Add Bilbo to your friends list Get a Link to this Reply
Evidently mint records were not very good back then. The figures that Red Book lists for Half Cents 1832-35 were in the official Mint records as the mintages for 1833-36; implying that Mint records list NO Half Cents for 1832 and 398,000 for 1836. Since that was obviously wrong, the assumption is that these figures were all one year off, so the 51,000 reported for 1833 was actually the mintage for 1832.

I think the mintage figures for 1832-35 should be regarded with more than casual skepticism.
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