Did anyone else notice.....

BigD5

that half dimes made substantial jumps in the latest Quarterly edition of the Greysheet?

Are the mint state grades the next ones to jump?

Is the secret that these coins are really neat out, and the series ready to catch fire and take off?

Or is it just ho-hum, they went up in price, big deal.

I know there are at least 3 or 4 half dime collectors here, so this thread should be hoppin'!!!!!!

Ronyahski

I noticed.

I also noticed in the last several months that Seated material for all series have become increasingly hard to find at shows and auctions - at least the high end stuff. This is the first sign that they are starting to catch on, they disappear. Buyers are quietly buying up available supply. Next, dealers and collectors realize they can't find material. Bids start to increase. Still no material materializes.

Nothing noticeable happens for a while. Demand pents up. Higher prices aren't reported because nothing trades hands. Sellers hold on. Hold on a little longer. Buyers look, and look some more. Buyers wonder where the coins are, they must be rare and hard to find.

Just when enough buyers become itchy enough, coins start to appear. At auctions. Some dealers happen to have a stash. Feed the needy. Activity happens at once, and prices are bid up, and beofre you know it it is all too apparent - too late for most - prices have shot up. After the fact, the big + signs appear. They're hot. They're hot as long as there are enough buyers are satiated.

That's how a bull market can happen in a series. Witness Liberty nickels the past two years. I hope the same for the beloved Seated.

roadrunner

Amen "to our beloved seated." Nice pieces have been quietly bought up for the past several years. Never was a good supply of this stuff. Once you get to the better dates and pre-1853 material, it drys up.

I don't know about the half dimes. They have non-big coinitus disease. Same disease that afflicts the 3 cent silvers. Why I love them both I have to face reality at limit by holdings in those areas.
I recently offered a very nice orig 1855 (better date) arrows half dime to several larger dealers and got zero interest (NGC 65 old holder). Finally sort of PO'd at the lack of interest I asked the last dealer (who is known to be very sharp) why he pulled the coin out and then decided to put it back at CDN bid. He said that he wouldn't be able to sell it. He liked it but just didn't want to risk it.
He chimed in that even the dimes and at times even the quarters have some bias. Halves are dollars are always in vogue.

The smaller coins will do ok once the market for seated fully heats up. I can also remember in mid-1988 having trouble trying to give away a gem 1846 Tall Date half (NGC 65) for $4200. No one wanted one at the time. Within a year these were trading for $12-16K.
I'd kill to have such a coin back today, you just never see them.

roadrunner

I haven't seen the new quarterly yet but one of my gripes with the old one or two was the lack of respect for the 1856-0 and 1859-0 to name just 2 half dimes whose price was out of whack in MS65.

I would also hoped they did something for the bust 1801, 1803 and 1805 and those were also quoted quite low in the CDN. Doesn't matter all that much as most underrated dates trade for what they're worth and not neccesarily for what the CDN says.

roadrunner

toyonakataro

I don't know about highly graded seated coins, but it's always though to find nice one in low MS grade, you know.
I won't be surprised if the CDN price for seated halves/dollers go up, but half dimes???....who cares?

toyonakataro

Darin, can you show me an example of the change in price on this series?

Keyrock

Shhh don't advertise

mgoodm3

Half dimes are always in short supply. At least since I've been looking for them. I want the price remain low and have few people to compete with. Unpopular series are cool.

BigD5

Taro,
I believe the increase was approximately 10% across the board. Give or take of course. One coin I just sent off to NGC bid at $300, and has now jumped to $325. Not quite 10%, but in the ballpark.

VF/XF quarters and dimes made a jump also. Proof examples went up too.

nickel

there are oddities in many series . next coin show , or next time you are surfing ebay , see how many liberty nickels are available ( besides the 1883 , and 1910 , 1911 and 1912 ) in fine , very fine or extremely fine . way less than the globs of ag's and goods .

how about barber halves in true vg with a reverse that is vg , and not worn into the rim .