Pretty cool 1796 Half for an environmentally damaged coin

relayer

Link AU50 / Net 45

JrGMan2004

mgoodm3

Nice looking.

BigE

I believe they are saying that it has been cleaned, not env damage. Is itr an ANACS coin-----BigE

kryptonitecomics

I agree with bigE....they are comparing this to other coins that have sold recently and one of those had environmental damage.

dorkkarl

it'll be a bargain regardless of what it sells for. you can never, ever pay too much $$$ for a d.b.s.e half.

K S

LanLord

I don't know, something doesn't look right about it, but I don't know what.

Perhaps it's just the cleaning, but I'm not comfortable, especially for $48k

dorkkarl

this coin is a STEAL at $48K!!!

K S

TahoeDale

Based on all the recent sales of the 1796-97 halves, I think both the consignor and auction house are disappointed with the $48,750 result for this very nice cleaned coin.

Maybe we are relying a bit too much on the certification of coins when it comes to early bust coinage. It appears this coin was sold raw, and not in a typical ANACS slab with the reservations required for a cleaned coin.

But I doubt very seriously there are many coins of this generation that were not touched up over time. I have viewed 10 or more XF to AU halves of these dates, all certified by PCGS or NGC, and all but 2 are medium to dark grey, without luster, that would indicate an old cleaning. Several XF 40's have sold for $70,000 plus in the last year. This coin should be on a par with any of those.