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1812 G$5 Capped Bust Half Eagle

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Adam_E's Avatar
United States
4846 Posts
 Posted 11/08/2024  6:48 pm Show Profile   Bookmark this topic Add Adam_E to your friends list Get a Link to this Message Number of Subscribers
Curious to know your thoughts on this coin. This is also out with PCGS now and I'm pretty sure I know what they're gonna call it.




1812-G$5-Capped-Bust-Half-Eagle
1812-G$5-Capped-Bust-Half-Eagle
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jacrispies's Avatar
United States
3848 Posts
 Posted 11/08/2024  7:08 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
Fascinating coin... The obverse anomaly by the mouth and face looks like a strikethrough. Here is one with the same characteristic:
https://auctions.stacksbowers.com/l...epaired-pcgs

Perhaps the substance on the die was stuck and was struck through a multitude of coins. Never seen that before but definitely a possibility.

The parallel obverse lines were there pre-strike so they are not an issue.

Despite the couple distractions, this may straight grade at AU-55.
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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paralyse's Avatar
United States
12057 Posts
 Posted 11/08/2024  7:13 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
I have no earthly idea how to grade these (it's way more expensive than anything I've ever owned) but I think high AU seems right.

Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/08/2024  9:37 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Over my pay grade, standing by.
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Errers and Varietys's Avatar
United States
73844 Posts
 Posted 11/08/2024  9:42 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
I'm thinking AU maybe? It's over my pay grade.
Errers and Varietys.
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John1's Avatar
United States
56855 Posts
 Posted 11/09/2024  04:49 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
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Zurie's Avatar
United States
5663 Posts
 Posted 11/09/2024  07:13 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Agree with @jacrispies that it looks like a strike through at the chin and cheek. It must have been something that was retained on the die. Looks like decent luster with perhaps some grease on the reverse. I'd say AU-53.

Here's another example from Heritage.

https://coins.ha.com/itm/early-half...ption-071515
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United States
2333 Posts
 Posted 11/09/2024  08:52 am  Show Profile   Bookmark this reply Add smat45 to your friends list Get a Link to this Reply
Here are some more from GC
https://www.greatcollections.com/Au...af_gd_max=70
They sure did use that reverse die a lot evident with the die crack through the shield.
AU-53
Great coin!
smat
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Zurie's Avatar
United States
5663 Posts
 Posted 11/09/2024  09:13 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
I don't see any strike throughs in those listings at GC.
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Alpha2814's Avatar
United States
2023 Posts
 Posted 11/09/2024  11:42 am  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
Out of my league but I don't see this getting anywhere near AU with the lack of detail on the reverse (particularly the missing lines on the shield). Did something other than circulation wear cause that?
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Jaobler's Avatar
United States
6383 Posts
 Posted 11/09/2024  4:12 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Obverse dent might be due to a strike-thru event but that could be tough to distinguish from damage. There are also some horizontal scratches across the lower obverse.

The very soft reverse is not normal for these coins which usually have sharp eagle detail at least down to XF grade. Maybe there was grease on the die, or the coin was used in jewelry at some point. Seems to me this example has impaired eye appeal on both sides.

I'll want a Capped Bust half eagle for my type set someday but I would hold out for a problem-free piece. I'll be very interested in how PCGS grades this one.
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NumisEd's Avatar
United States
5177 Posts
 Posted 11/09/2024  4:31 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
Looks like someone hit it with a chisel.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/09/2024  5:23 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
So, Adam (OP), what do you think they will call it?
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Adam_E's Avatar
United States
4846 Posts
 Posted 11/09/2024  6:29 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
This coin has a whole lot going on.

As several pointed out, the obverse flaws are definitely as minted, either by a die defect, or a strike through. I was leaning towards die defect but I could be wrong. The coin that jacrispies found was the first that I found as well with the same defect but I have found others.

This is clearly a very late die state of BD-1, and with that lower striking pressure to preserve the dies, grease, or some other anomaly prevented the reverse form getting fully struck up. This coin is unquestionably AU given the luster, but it's not an attractive example.

Unfortunately though, this coin has had some work done on the reverse above the eagle, it's very hard to tell in these photos, but as you twirl the coin in hand that spot jumps out as "off", and under magnification it's clear that the area was softened and worked over. Whether PCGS notices it or not is another story, but I would expect they do.

I graded the coin AU details, reverse tooled. Had the reverse not had work done I would have given it no better than a 53 due to the diminished eye appeal from the obverse flaw and weak reverse.
Edited by Adam_E
11/09/2024 6:34 pm
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Coinfrog's Avatar
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 Posted 11/09/2024  7:16 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Thanks for that, most interesting.
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IndianGoldEagle's Avatar
United States
36678 Posts
 Posted 11/11/2024  12:22 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
AU details seems right.
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