Key date barber half for sale

Barberman55

Harry Laibstain has a nice 1904-s, NGC, AU-58, barber half for sale on his website. I wish I could afford it, but I can't, hopefully one of the Barber half collectors, on the forums, would buy it. The price is a little steep, but there is only a couple of AU-58's, certified by NGC and PCGS. Good Luck!

jdimmick

Dan,

I just went over and looked at it. I am not so sure that coin will cross into a PCGS holder at a 58? secondly, thier is a significant planchet flaw on the cheek. Tough date, but priced extremely strong for that coin IMO, although someone will probably buy it.

jim

MFH

Dan & Jim - just looked at it myself ( thx for the PM )

It'll be downgraded to a 55 if it crosses. My 55 looks alot better that that (doesn't it Peter ??!!)

Another micro O is also posted on Harry's site, its an AG3 (as I remember)...someone ^ mentioned that Harry might get another coin after the one he had sold last week . This coin is POR.

Harry, I hope you get the 7K for the 04-S.

jonesy

Can smoeone post a link?? Please.

ARCO

That date has just gone nuts in the last year. Coin does look quite nice, minus the little planchet flaw on the cheek, but 7K? Wow.

Tyler

tmot99

or look for yourself at www.hlrc.com

Barberman55

<< <i>Dan,

I just went over and looked at it. I am not so sure that coin will cross into a PCGS holder at a 58? secondly, thier is a significant planchet flaw on the cheek. Tough date, but priced extremely strong for that coin IMO, although someone will probably buy it.

jim >>



Jim,

I noticed that planchet flaw too, also, there appears to be a light scratch (by the curl of hair by the ear). I can't tell if this is on the coin or on the holder. Overall, this coin doesn't compare to the AU-58, PCGS, 1904-s Barber half, that was offered for sale by Alpine Numismatics, a couple of weeks ago. Although, I like the toning on Harry's coin better. The money certainly doesn't compare, $3,250 vs. $7,000.

DrPete

Wow! You almost never see a 1904-S above F or VF that can make it into a reputible holder. The mint state examples of this rare date have gone into orbit. Just try to find one. The NGC MS 67 Hugon coin just sold at auction for $92K. It will be interesting to see how long it takes Harry to sell this nearly unique AU58 coin. I do not and have not owned this particular coin, but it is very enticing despite the steep price. Mike, I'd have to see your AU55 side-by-side with this coin to be certain which is nicer. Harry uses a scanner to post his coin images and the luster doesn't always come through very well. The coin may look much nicer in person and the planchet flaw/defect of the zygomatic area may not be as striking in person.

ER

Can you Barber experts tell me where to look for the first wear-and-tear on a Barber coin? Thanks.

Barberman55

<< <i>Can you Barber experts tell me where to look for the first wear-and-tear on a Barber coin? Thanks. >>



ER,

First, I don't consider myself a Barber Expert .

On the obverse, the bottom of "BER" in Liberty, and the hair above the forehead. On the reverse, (for halves and quarters), the wingtips, and the right claw (looking at the coin). These areas show wear first. The cheek usually has its fair share of hits and wear too.

ER

Thanks Dan.

DrPete

ER,

The flat cheek is the best place to look for first wear on barber coins. It is subject to scratches, slide marks, and luster breaks that are the key to identification of wear and problems. The reverse is busier and not as easy to show early signs of circulation. The flatness of some design details can also be a clue but one must take into consideration the strike of the coin, particularly regarding the stars and forehead hair on the obverse, and the right (as you face the coin) upper shield, neck of the eagle (three dimensional detai of feathers), and the eagle's left (your right facing) foot/claw on the reverse. Many of the O-mints from early years and mid years feature weak strikes. Notorious for weak strikes in the halves are 1893-O, 1900-O, 1901-O, and 1902-O.

MFH

From what I heard thru fellow Barber collectors, the coin that sold thru Alpine wasn't as nice as the coin Harry is selling, but not too far off the mark. It seems that Alpine "gave" the coin away and really left alot of money on the table, so to speak. It sold almost immediately when it was advertised.

Another forum member had an 04-S in PCGS 55 on ebay, and kept relisting it, each time a bit lower and no takers. He consigned the coin to one of my favorite dealers who had a client anxious to buy it and the forum member only made a small profit.

Last year I heard of an 04-S in PCGS 53 at a major convention, and the dealer refused $6000 for it. It was very original and undipped.

Based on the recent history of this coin, I don't think that $7000 is that far out of line. I know I wouldn't let mine go for less.

jdimmick

Well,

It looks like the price wasnt too strong as it is off the web site and I presume sold. Congrats to Harry L and the buyer. That price for an NGC coin even shocked me. Mike, the value of your coin is looking better by the day!!

I saw Dave Olmstead at the ANA show when he walked by our table and asked him about the coin he had(PCGS-58). I mention that his price was a real steal. You could tell by his expression that he knew that he let it go to cheap. I honestly dont think he was aware of the recent price surgence of that date. He mentioned that a client had bought it from him years ago and had decided to sell it back.

Peter mentioned that the upper MS pieces have went up dramatically,which they have based on auction resullts and sales, but I am not so sure that I would be comfortable at paying 7k for the NGC-58 coin, when you could locate a decent Ms-62 or 3 for 12-14k. Also, we may be seeing the initial stages of a collapsing market, yes I said it.

jim

MFH

Jim,

Bite your tongue !

MFH

There's a nice looking 1904-S on ebay in a PCGS 53 holder...at least it was listed last night.

JimD: is that the coin you saw last Summer at the ANA ???