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Seated Liberty Half

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Author Previous TopicReplies: 5 / Views: 1,290Next Topic  
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snagar's Avatar
United States
4 Posts
 Posted 10/18/2009  05:42 am Show Profile   Bookmark this topic Add snagar to your friends list Get a Link to this Message Number of Subscribers
recently came across 2 1853o Seated Liberty halves one ungraded the other is graded anacs vf35 with cert. number.....now question is in the 2010 Red Book it says 3 are known in any condition and stacks auction company sold 1 for $368,000 in a vf35 now if this coin is anacs certified in the same grade should that raise any red flags reason being the price for the coin is under $200.00 any help would be appreciated!!
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m9frank's Avatar
United States
628 Posts
 Posted 10/18/2009  07:57 am  Show Profile   Bookmark this reply Add m9frank to your friends list Get a Link to this Reply
According to PCGS only 3 are known to exist, no proofs. Big fat red flags.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/18/2009  10:44 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The overwhelming majority of Seated halves minted by New Orleans in 1853 were of the "Arrows and Rays" type. These are pretty common - over a million were minted, and $200 for two of them in VF condition would be overpriced. 5 or so were minted with the old dies, lacking the arrows and rays.

ANACS has graded no 1853-O Seated halves lacking arrows and rays, and approximately 500 examples with arrows and rays.
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cownas22's Avatar
United States
1055 Posts
 Posted 10/18/2009  10:51 am  Show Profile   Bookmark this reply Add cownas22 to your friends list Get a Link to this Reply
There are two major varieties for 1853-O Seated halves. The Variety 1 has Large Letters in Legend (This is the one with 3 known for this year). The other is Variety 2 (w/ Arrows and Rays) The 1853-O Arrows and Rays saw a mintage of 1,328,000. This is still a desirable variety for type collectors and is just a plain beautiful reverse design. I suspect this is the coin you are referring to.

A 1853-O Arrows & Rays in VF-35 Would be worth $180 in VF-20 and $360 in XF-40 according to Numismedia.
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m9frank's Avatar
United States
628 Posts
 Posted 10/18/2009  2:03 pm  Show Profile   Bookmark this reply Add m9frank to your friends list Get a Link to this Reply
Sorry, my mistake.
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snagar's Avatar
United States
4 Posts
 Posted 10/20/2009  11:20 am  Show Profile   Bookmark this reply Add snagar to your friends list Get a Link to this Reply
ok thank you all for your advice very well appreciated
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