I think it is interesting that a previous owner graded it less than PCGS did. I would think that they would have exaggerated it.
You have to remember that flip is probably from the 60's or 70's based on the price of $185. Someone here might have more insight as to when thats possible, but at the time, EF45 probably WAS an exaggerated grade. Pioneer was always graded very conservatively, and many of the issues look like an XF as struck.
Yeah, you're right. I didn't think about the flat striking.
I was an active collector in the late 1960’s and 1970’s but never knew Mormon or Pioneer gold well. I only got into California Fractionals and $20 Liberties (we used to call them Coronets).
Mormon gold- rare and always desirable. It’s hard to believe it was once worth $185. Likely, this was between 1934 and 1972 when gold was officially valued at $35 per ounce, and owning gold bullion was legally prohibited.
The 1794 FH half dollar I don’t see in a 40 holder.
@rays said:
Mormon gold- rare and always desirable. It’s hard to believe it was once worth $185. Likely, this was between 1934 and 1972 when gold was officially valued at $35 per ounce, and owning gold bullion was legally prohibited.
> The 1794 FH half dollar I don’t see in a 40 holder.
I didn’t either, until I started combing through the XF40 comps. It seems like this issue might be graded on a bit of a curve.
Imo, my coin is head and shoulders better than this one, in all aspects, wear, surfaces, etc.
I’m not cherry picking these either, I chose the only comp for 40cac, and then the 3 most recent non cac comps, exluding the weird coin with the counterstamp.
These coins are extraordinary pieces of history, and each blows me away! The Mormon is an exceptional treasure, and regardless of the nuances of modern grading, each piece is quite important, especially to those who appreciate their place in the history of the foundation of our country. Congratulations, Dan!
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I was an active collector in the late 1960’s and 1970’s but never knew Mormon or Pioneer gold well. I only got into California Fractionals and $20 Liberties (we used to call them Coronets).
Great coins! The 1794 half is 🤌
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
Mormon gold- rare and always desirable. It’s hard to believe it was once worth $185. Likely, this was between 1934 and 1972 when gold was officially valued at $35 per ounce, and owning gold bullion was legally prohibited.
The 1794 FH half dollar I don’t see in a 40 holder.
> The 1794 FH half dollar I don’t see in a 40 holder.
I didn’t either, until I started combing through the XF40 comps. It seems like this issue might be graded on a bit of a curve.
Imo, my coin is head and shoulders better than this one, in all aspects, wear, surfaces, etc.
https://coins.ha.com/itm/early-half-dollars/1794-50c-o-101a-t-7-high-r3-xf40-ngc-cac/a/1291-4465.s
Same thing, by all accounts, judging from pictures at least.
https://coins.ha.com/itm/early-half-dollars/1794-50c-o-101a-t-7-high-r3-xf40-ngc/a/1279-3090.s
I’m not cherry picking these either, I chose the only comp for 40cac, and then the 3 most recent non cac comps, exluding the weird coin with the counterstamp.
http://auctions.stacksbowers.com/lots/view/3-BIPVS/1794-flowing-hair-half-dollar-o-106-t-4-rarity-6-ef-40-ngc
https://coins.ha.com/itm/early-half-dollars/1794-50c-o-101a-t-7-high-r3-xf40-ngc/a/1278-5111.s
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These coins are extraordinary pieces of history, and each blows me away! The Mormon is an exceptional treasure, and regardless of the nuances of modern grading, each piece is quite important, especially to those who appreciate their place in the history of the foundation of our country. Congratulations, Dan!