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1805 Half Dime High Grade So Rare and Underpriced

ScarsdaleCoinScarsdaleCoin Posts: 5,157 ✭✭✭✭✭

Watching this video and realize you really cant find a AU Half Dime anywhere...

It's truly a really rare and undervalued coin... rumor is that a AU53 surfaced and ANA show that was a dealers putaway coin for past 25 years.... undergraded and original and heading to GC for auction... CANT WAIT

Jon Lerner - Scarsdale Coin - www.CoinHelp.com


  • BillJonesBillJones Posts: 33,048 ✭✭✭✭✭

    That dealer was obviously way behind the times. I guess he won't take tables at any coin shows. When I was dealer, I knew who the specialists were, and who would pay the fair prices.

    As a collector and a dealer, I almost never was able to buy the Draped Bust coins at Grey Sheet prices. I always had to pay more, and flipping them for something over that was never a problem.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • semikeycollectorsemikeycollector Posts: 834 ✭✭✭✭✭
    edited March 21, 2023 9:18AM

    @fishteeth said:
    One of my biggest regrets over the past 5-6 yrs was trying to be nice to a local dealer who got in a grouping of draped bust coins. I purchased a about 5 or 6 at Grey sheet and he had an 1805 in old green label EF40. I told him I would be robbing him at his price to me which was about 1500 under sheet and behind the price he had listed.
    I told him the coin needed to be cracked out, would grade AU and was worth a lot of money.
    A week later I visit to ask if he sent the coin in to pcgs. Nope he sold it to another dealer. A few months later it sells for stupid money with a gold sticker. He was sick when I showed him. After that the deal was I buy anything at his price and if I rip him off I give him a kick back when I sell. Worked great until he retired a few months ago


    You are extremely kind and honest and I give you kudos for that! I think I would have bought them all. I also say "Seller beware"

  • HoledandCreativeHoledandCreative Posts: 2,641 ✭✭✭✭✭

    I have been looking for a holed 1805 for a long time. After so much time looking, I decided the coin was rare enough to warrant a purchase of the date to fill the hole. Any one ever see a holed one or know of one for sale? Is that the AU to be sold?
    Mine is weakly struck as Bill mentioned with the corresponding area on reverse. A guy named Ed must have done the E in liberty.

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