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1857-O Seated Liberty Half Dollar

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Author Previous TopicReplies: 14 / Views: 1,234Next Topic  
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United States
29 Posts
 Posted 01/14/2023  9:11 pm Show Profile   Bookmark this topic Add stvnnvts999 to your friends list Get a Link to this Message Number of Subscribers
I recently acquired this 1857-O Seated Liberty half dollar in AU53 for around $700 and I bought it because I think that it's severely undergraded for what it is.
The reverse genuinely looks mint state to me. The only thing that I think is holding the coin back is that the fields on the Obverse have alot of chatter to them.
I think that it has a solid shot at AU58, what do you think?

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1857-O-Seated-Liberty-Half-Dollar
1857-O-Seated-Liberty-Half-Dollar
1857-O-Seated-Liberty-Half-Dollar
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jessvc1's Avatar
United States
2596 Posts
 Posted 01/14/2023  9:16 pm  Show Profile   Bookmark this reply Add jessvc1 to your friends list Get a Link to this Reply
nice coin. I agree looks undergraded
Edited by jessvc1
01/14/2023 9:17 pm
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Coinfrog's Avatar
United States
94367 Posts
 Posted 01/14/2023  9:38 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'd leave well enough alone.
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CarrsCoins's Avatar
United States
756 Posts
 Posted 01/14/2023  9:55 pm  Show Profile   Bookmark this reply Add CarrsCoins to your friends list Get a Link to this Reply
there arent any unblemished spots in the obverse fields. I dont think this coin would 58.
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BH1964's Avatar
United States
10982 Posts
 Posted 01/14/2023  11:11 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
It's not severely undergraded. At least it doesn't look like it in these images.

It's a super nice piece that might go 55 on a given day but it's already in a PCGS OGH which brings cache. I don't see the luster of a 58 here. Do not have it regraded, it's a waste of money imo.

I'd run it through CAC. If you score a gold sticker you win big. Even a green sticker is good of course. Best of luck!
ANA #R3154474
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United States
29 Posts
 Posted 01/15/2023  12:26 am  Show Profile   Bookmark this reply Add stvnnvts999 to your friends list Get a Link to this Reply
I have thought about maybe submitting it to CAC too.
But the problem with the CAC gold stickers is that they aren't too clear as to how much better the coin looks grade-wise.
It could be good as if it's a 55 but in my eyes it looks like a 58. It's too vague.
Is CAC even going to put stickers on holders anymore as soon as they start slabbing coins? I don't even know. I'm not even planning on submitting anything anytime soon until I get a big enough group of coins together that I feel as if I can justify sending in to cover the cost.
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United States
2281 Posts
 Posted 01/15/2023  02:28 am  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
There's no way this is a 58.

Cac this coin.

If it gets a gold CaC sticker that would bring more money than a 55, which I think it could grade.
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John1's Avatar
United States
56855 Posts
 Posted 01/15/2023  04:03 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I agree with having it CACed.
John1
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Jester's Avatar
United States
210 Posts
 Posted 01/15/2023  09:10 am  Show Profile   Bookmark this reply Add Jester to your friends list Get a Link to this Reply
From what I've read you will get more bang for your buck to try for the CAC sticker, I believe they are closed to new submissions currently though. Very nice coin.
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panzaldi's Avatar
United States
18657 Posts
 Posted 01/15/2023  10:17 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
way too much chatter in the fields on both sides to pull a 58. I think AU53 is the correct grade outside chance at AU55. better shot at a bean

as a side note personally I think $700 is a little steep for the coin
Edited by panzaldi
01/15/2023 10:19 am
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BH1964's Avatar
United States
10982 Posts
 Posted 01/15/2023  1:02 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
This will help if you chose to submit to CAC: https://www.caccoin.com/dealers/
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CarrsCoins's Avatar
United States
756 Posts
 Posted 01/15/2023  1:44 pm  Show Profile   Bookmark this reply Add CarrsCoins to your friends list Get a Link to this Reply
im no expert on Seated coins. to me this one looks like someone went at it with a brillo pad. the color doesn't look natural to me either. I think whoever submitted it was lucky that it strait graded. you guys think it would cac?

PCGS has 53 in their price guide at $650 and auction results are around $400.
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jacrispies's Avatar
United States
3848 Posts
 Posted 01/16/2023  09:44 am  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
This looks severely dipped out. There needs to be stronger field luster for this coin to grade AU-58. I think it is an unappealing AU-55. You are correct, it has better detail than an AU-53 but any higher grade would likely be stumped by a details designation.
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Jaobler's Avatar
United States
6384 Posts
 Posted 01/16/2023  7:40 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Near-mint state detail for sure. The whole-slab photo shows significant luster disruption across the obverse fields which likely prompted some net-grading. That's how you ended up at 53, IMO. If it were cracked for a regrade attempt it might come back AU details, with a cleaned or altered-surface problem noted. I'd leave it in the current slab.

I've never submitted a coin for CAC approval but it might be worth a shot.

$700 does seem like full retail price for this coin.
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IndianGoldEagle's Avatar
United States
36738 Posts
 Posted 01/22/2023  4:22 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I can see it in an AU-55 holder but nothing higher.
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