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Your Opinion On Seated Half Dollar

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Author Previous TopicReplies: 2 / Views: 880Next Topic  
Pillar of the Community
shatsi's Avatar
United States
1541 Posts
 Posted 10/10/2006  10:39 am Show Profile   Bookmark this topic Add shatsi to your friends list Get a Link to this Message Number of Subscribers
Something I'm looking to purchase. Dealer grade is AU58. Priced at $259. Recut 76, Not listed in Wiley-Bugert. I have no idea what that means.

I would like your opinion on this coins as well. Most of the one I've come across are dark or very expensive.

Thank you.

PS/ If you double click it'll give you a bigger image.

Your-Opinion-On-Seated-Half-Dollar
Edited by shatsi
10/10/2006 10:44 am
Pillar of the Community
swamperbob's Avatar
United States
5362 Posts
 Posted 10/10/2006  11:55 am  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
shatsi - I think an AU 58 grade is high for this one. The obverse shows enough high point wear and loss of mint luster for me to place it lower down the scale - between 50 and 55. An AU 50 has contact marks and at least 50% of luster remaining. The obverse seems to have seen more contact and loss of mint luster than the reverse. I would also expect that it has been dipped to bring up the luster.

So is it worth the asking price

One question to consider - If you were selling this coin to the same dealer what grade would he allow for it? EF ?

I am of the opinion that AU58 has to be essentially an MS63 or better type coin with some "high point" wear - a true slider - where the dealer will be calling it "Commercial MS" or MS62 or something like that.

But then again - I tend to be a bit critical.
Pillar of the Community
shatsi's Avatar
United States
1541 Posts
 Posted 10/10/2006  7:19 pm  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
swamperbob, I'll take your advice and stay out away from it. Thank you for your opinion.
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