PCGS MS63 1870-S half dime for sale

TwoSides2aCoin

Not really, but I've had this coin in "THE GAME"... trying to play catch up for a long while. I only made fifty grand since the game started and I am in 279th place.

I'll take six million for it, but I need it before the end of the year. So I can win THE GAME

291fifth

You are being punished for putting a half dime into your "portfolio."

Trophy hunters don't like tiny coins.

CaptHenway

<< <i>Not really, but I've had this coin in "THE GAME"... trying to play catch up for a long while. I only made fifty grand since the game started and I am in 279th place.

I'll take six million for it, but I need it before the end of the year. So I can win THE GAME >>



It's funny, but when we certified that coin at ANACS way back when, it was only an AU-58. I guess this must be a different specimen.......
TD

CoinRaritiesOnline

<< <i>

<< <i>Not really, but I've had this coin in "THE GAME"... trying to play catch up for a long while. I only made fifty grand since the game started and I am in 279th place. I'll take six million for it, but I need it before the end of the year. So I can win THE GAME >>

It's funny, but when we certified that coin at ANACS way back when, it was only an AU-58. I guess this must be a different specimen....... TD >>



Those things must be as common as dirt!

MrHalfDime

"It's funny, but when we certified that coin at ANACS way back when, it was only an AU-58. I guess this must be a different specimen.......
TD"



I've studied that coin, up close and personal, and I would certainly agree that it is an AU. It is absolutely amazing what happens to the grade of a coin when it sits in plastic for a long time.

To my knowledge, there is but one known example of the 1870-S. That is, until they locate the cornerstone of the San Francisco Mint.

mgoodm3

Sounds like you need to send your coin in for presidential review. Get some cash out of it and reinvest it into other stuff so you can do better in the contest.

Sunnywood

Not just the grade ... the price too !!!! I seem to remember being at an auction maybe 5-6 years ago (?) where the coin sold for about $525,000 or thereabouts. Certainly worth seven figures today ...

Best,
Sunnywood

tradedollarnut

That coin doesn't even exist - how can you expect to make money on it?

Cladiator

The next time that coin goes through the grading wringer it'll pop out as a 64 most likely. The gradeflation train on this half dime is unstoppable. That is until Mr.HalfDime aquires it, cracks it out and sticks it in a 2x2 for the next 40 years

tradedollarnut

<< <i>The next time that coin goes through the grading wringer it'll pop out as a 64 most likely. >>



Happened over a year ago.

Cladiator

<< <i>

<< <i>The next time that coin goes through the grading wringer it'll pop out as a 64 most likely. >>



Happened over a year ago. >>

See, I told you so!

MrHalfDime

I don't mean to hijack TwoSides thread here, but the unique 1870-S half dime has had an interesting history. As I recall, it first sold for $425,000 after presumably being discovered in a dealer's junk box. The story was that, as a unique coin, it must be worth more than an 1804 dollar, for which there are approximately a dozen known specimens. It's value was tied to a pending sale of an 1804 dollar, which sold for $400,000, plus another $25,000 because it was unique. It later sold for $253,000, not bearing the owner much fruit for his investment. Later, Jay Parino (The Mint, Kansas City) had it for sale for $1.5 million. When I studied the coin, the Goldberg's had it in an auction, but I do not recall what it sold for. The value for a unique coin seems to be quite volatile, bouncing up and down, so I wouldn't recommend it as an 'investment'. It does have a certain 'coolness' factor, however, so I would accept it as a gift.

tradedollarnut

I agree that it's one of the few ultra rarities whose value seems to drop every now and then - a sign of thin demand. However, in this case, it's been a great purchase for the current owner - I know he's turned down a bonafide offer of $1M for the coin.

Coxe

<< <i>Not really, but I've had this coin in "THE GAME"... trying to play catch up for a long while. I only made fifty grand since the game started and I am in 279th place.

I'll take six million for it, but I need it before the end of the year. So I can win THE GAME >>



I have a 30-S gem Saint in my portfolio. It will be tying up $200K of the challenge bucks unless one comes to market this year (unlikely) and gets repriced. That's the problem with including rarely traded issues in the contest.