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1888 Canada 50 Cents

Was anyone else watching the 1888 50C (PCGS 58) that just went for $6600 on Heritage?. This was 10x estimate; are these really that rare in better grades?

Comments

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    It has a catalogue listing for 4K in AU and 8.5K in MS-60. Depending on how much rub is on the coin, the marks and eye appeal, the bidder may have won a coin that can be turned for a profit! If it gets into a 62 holder he might double his cost

  • YQQYQQ Posts: 3,264 ✭✭✭✭✭

    Do not watch HA. however, if it was a obv 4, a VF 20 trends for 4000 Can with no pricing above the 4K.
    a obv 3 for 1200 and a obv 2 for 2000

    Today is the first day of the rest of my life
  • coinkatcoinkat Posts: 22,719 ✭✭✭✭✭

    So it almost reads that this has turned into a math word problem... not my favorite but lets take a closer look at this. So $6600 was 10x the estimate... And If my math is right, 10 x $660 would be 6600. So an estimate of $660 (or thereabouts...) for an AU58 1888 Victorian half regardless of the obverse just does not pass the straight face test.

    Experience the World through Numismatics...it's more than you can imagine.

  • ajaanajaan Posts: 17,070 ✭✭✭✭✭

    How did they come up with an estimate of $660? Playing games. My 12 year old Charlton has it at C$8000 in AU55.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • YQQYQQ Posts: 3,264 ✭✭✭✭✭

    does anyone have a link to the auction item?
    lets determine the obverse before we stab in the dark

    Today is the first day of the rest of my life
  • YQQYQQ Posts: 3,264 ✭✭✭✭✭

    ok, I found the coin at HA
    MOP is that this coin is an obv 3 and not the elusive obv 4.
    that would man the item is overpaid. but if you subtract the juice..., an obv 3 could be 5K.
    full price on obv 3 would be around 5K hammer. But obv 3 is not a very scarce coin.... ;)
    here is a link
    https://coins.ha.com/itm/canada/world-coins/canada-victoria-50-cents-1888-au58-pcgs-/a/3072-35831.s?ic4=ListView-ShortDescription-071515

    Today is the first day of the rest of my life
  • GotTheBugGotTheBug Posts: 1,536 ✭✭✭✭✭
    edited September 13, 2019 10:42PM

    .

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