NEWP: 1826 Capped Bust Half!
Kliao
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Picked this up today. Looks UNC. Comments welcome.
If anyone knows the Overton number please let me know. It would be greatly appreciated!
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
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As a matter of first impression, it may be Unc. details, but looks cleaned.
"Seu cabra da peste,
"Sou Mangueira......."
I’m no expert. I just pulled out Overton 3 and have it at O-118 right now. Don’t quote me on it
It’s doesn’t look as bad in hand. Does it look like old cleaning? It still has undisturbed cartwheel luster on both sides.
Collector
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Looks like the one but I think it’s O-118a with the die cracks
http://maibockaddict.com/1826-o-118-r1-capped-bust-half-dollar
Collector
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This is interesting. On the edge it’s supposed to say half but only the ‘h’ remains. Any explanation for this???
It’s where it looks like there’s weak points
Collector
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Don’t mean to be negative, but it definitely looks cleaned. Lots of hairlines.
If you like the coin then that is great. If you like the coin and picked it up at a reasonable price then that is even better. However, from the images it is a dipped, cleaned AU.
In honor of the memory of Cpl. Michael E. Thompson
What’s the value of it if it’s cleaned. I strongly think it’s UNC details
Collector
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What would you like to know about your coin? Great series that perhaps have someone help you. If you’re willing to learn.
Looks like a die crack on ERICA. That is nice, but the coin does look cleaned.
Also, my opinion is right along within line with @tomB. Cleaned and it doesn’t look new from here.
Possible a small portion of the coin did not go through the castaing machine. Would be called a guido.
I have a few questions.....
What would be the value of this if it gets graded UNC details cleaned?
Are each Overton number correspond to each die pairing?
Why do they only have lettered edge in the earlier ones and how is it stamped on the coin?
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
instagram.com/klnumismatics
What’s a castaing machine?
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
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I wouldn’t know exactly how to value it on a details basis.
Look at the color changes and you might see the coin might not be unc. Of course these days no telling what they will call unc.
Edge lettering machine.
Fifty cents or half a dollar.
Cleaned....shmeaned... I have the same date and everyone said it was cleaned.
I don't care. I like it.
A lot.
CAC did too.
Go to the Newman portal and search Castaing machine and learn more about our early mint.
I would also suggest membership in The John Reich Collectors Society (JRCS.org).
As a YN, if you decide to join JRCS PM me and I’ll pay for your second year of membership.
A: The year they spend more on their library than their coin collection.
A numismatist is judged more on the content of their library than the content of their cabinet.
I agree with those who think the coin looks to be AU details, cleaned.
If, as you asked about, you want to know the ballpark value of an Unc. details, cleaned example, check out auction results. And for more comprehensive data, I’d also check dates of similar value, not just sales for examples from 1826.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
One of our board members put this up here. http://www.maibockaddict.com/capped-bust-half-dollars
Looks Au55 to me. Lightly cleaned coins in general are worth approx 50%-60% of regular coins. Retail prices below
http://www.numismedia.com/cgi-bin/coinprice.cgi?script=bsthlv&searchtype=any&searchtext=fmv&search=any&nmcode=14513800&guide=prices&guide2=pricesms
Check ha.com for auction results. Bid for an MS-60 is $775, a cleaned UNC will bring less. However, from the images the coin is a cleaned AU. Bid for an uncleaned AU is $275.
Yes, each Overton number is a unique die marriage for the coin's date.
Lettered edges were used as a deterrent for chiseling (or shaving) the edge of the coin to harvest 'free' silver. The lettering was impressed on the edge using a Castaing machine (edge lettering machine). The lettering was imparted before the coin was struck.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
The coin is cleaned AU as many have said already...Just adding support for that determination. Cheers, RickO
Would it be considered an error?
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
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Very interesting. Is there a reason they switch to a reeded edge?
Collector
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Did you already try researching the change to reeded edges?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Cleaned, but still very nice with remaining luster.
100% Positive BST transactions
Yes, what I could find was that it was a limitation of the press when the mint switched to steam powered presses. The steam powered presses minted the coins in collars which flattened the letters on the edge.
Collector
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Right. Well, mostly.
During the ramp-up to steam powered presses the Mint experimented a lot, including striking planchets that had already been through the castaing machine and therefore contained lettered edges. A smooth retaining "close collar" was used so the edge letters were nearly (but not completely) obliterated. Those few that survived are known as Crushed Lettered Edge proofs (CLE's), 1833 O.116, '34 O.122, and '35 O.11. All of R7+ rarity.
When production got underway in late 1836 the powerful steam presses used reeded edge collars so there was no need for a separate letter-edging process in advance of striking.
Lance.
I was just looking at eBay sold prices and came across this 1826 PCGS AU50 which seems to have more Distinct Hair lines on the coin but was still given a straight grade. Thaughts?
https://www.ebay.com/itm/1826-50-CENT-CAPPED-BUST-O-107-PCGS-AU-50-/202825372903?hash=item2f395594e7:g:kqMAAOSwZCBdhsXQ&nma=true&si=pGaeuWosBLYSsG724KjeYN8IQxg%3D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
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I’d stick to slabbed pieces
I'm in the same camp, AU55 cleaned - but I will add that I think it has a reasonable chance
of straight grading, from the images provided.
A very large number of bust halves have had some form of cleaning over their many decades of existence; it's just a matter of if the surfaces are still 'market acceptable' or not....and even this will vary from grader to grader and TPG to TPG.
AU details
A lot of those lines look like die polish not hairlines. They appear to be raised. Hard to tell from the photo.
PCGS will slab lightly cleaned straight sometimes. They won't straight grade anything with obvious hairlines.
In my experience, it would be very unusual if what you’re seeing is die polish and not hairlines on such a coin.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Top of the wing rub. Commercial AU. $225. coin
Maybe. I mean some of the lines look like hairlines. But some of the lines look raised to me in the photos.