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1837 Reeded Edge Bust Half ... looking for opinions

My buddy picked this coin up today and would like some feedback on it. He paid $200 for it thinking it was EF45 ....... what says you. Also, anyone see any any interesting variety?





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Not sure about the EF45 grade.
You be the judge:
VF-20 Some definition of detail, all lettering full and sharp
VF-25 Slightly more definition in the detail and lettering
VF-30 Almost complete detail with flat areas
VF-35 Detail is complete but worn with high points flat
EF-40 Detail is complete with most high points slightly flat
EF-45 Detail is complete with some high points flat
Saying that though, I'd still love to have it in my 7070..........
In honor of the memory of Cpl. Michael E. Thompson
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
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It will still be in the VF grade group. And with the die cracks it still has a lot of appeal.
What is it? Variety JR-6? Heck if I know.
I've got this mint state 1988 First Edition of Reiver's Variety Identification Manual for the Reeded Busties.
...but I don't collect these coins.
I guess I either need to learn how to read and understand this book OR I need to sell the book?
I just haven't gotten around to either one of the above.
Ed R.
<< <i>Dont sell your "friend' anymore coins
I sold him a beautiful proof like shield nickel for $20 a while back but other then that, I have GIVEN him quite a few coins. He's only been collecting for about a year now and has learned a LOT but he is still an "impulse" buyer ....... like I am
Experience the World through Numismatics...it's more than you can imagine.