Capped bust halves in Mint State 65
TahoeDale
Posts: 1,785 ✭✭✭
PCGS pop reports indicate 338 graded, as of today. 72 dated 1821 and before, with 266 from 1822 to 1836.
If you take out the 1812 and 1814( 10 each), then only 52 are dated before 1821.
It's clear why it is so tough to find a MS 65 CBH dated in the teens and earlier. Several years ago, a respected dealer told me to buy all the CBH's in gem I could afford. I have passed on many( mostly duplicates in the 1830's), but I should have paid more attention to any of the earlier dates.
But what is most unusual, there are 5(at least) PCGS MS 65's on dealer web sites today for sale, all dated before 1822, and priced between 21,000 and 35,000.
I think the economy is having an adverse effect on these rarities.
Caveat: This summary does not take into account the number of CBH's in other TPG slabs, many of which would grade MS 65 at PCGS--- like many of the MS 66 and 67 examples from the recent CSNS sale by Heritage.
If you take out the 1812 and 1814( 10 each), then only 52 are dated before 1821.
It's clear why it is so tough to find a MS 65 CBH dated in the teens and earlier. Several years ago, a respected dealer told me to buy all the CBH's in gem I could afford. I have passed on many( mostly duplicates in the 1830's), but I should have paid more attention to any of the earlier dates.
But what is most unusual, there are 5(at least) PCGS MS 65's on dealer web sites today for sale, all dated before 1822, and priced between 21,000 and 35,000.
I think the economy is having an adverse effect on these rarities.
Caveat: This summary does not take into account the number of CBH's in other TPG slabs, many of which would grade MS 65 at PCGS--- like many of the MS 66 and 67 examples from the recent CSNS sale by Heritage.
TahoeDale
0
Comments
One dealer has a 1814 MS66 (PCGS) - O.103 for $40,000
Same dealer has a
1818/7 MS65 (PCGS) - O.102 $27,500
1820 MS65 (PCGS) - O.107, Rare No Serifs Reverse $52,500
1821 MS65 (PCGS) - O.105a, Ex Eliasberg $22,500
AKA... out of my league.
MS 66 Norweb:
Edited to add a quote from coinlink.com:
"The Norweb-Koshkarian 1797 half realized $966,000 in 2004, an auction record for any half dollar that still stands. This Norweb-Koshkarian 1797 half is certainly one of the five finest pieces of the entire 1796-97 type. The Rogers-Whitney 1796 half and the Knoxville 1796 half are also high in the condition rankings, for the type."