Why did this CBH sell for so much?

coin22lover

It sold for $1,410



I mean, sure, it's nice, but VF30?

bigjpst

Maybe that is the premium for being a Coinfacts plate coin.

commoncents05

Gorgeous original coin. If it's not VF30, it's VF-something. R-4. PCGS Price Guide is $5500.



-Paul

coin22lover

Originally posted by: commoncents05

Gorgeous original coin. If it's not VF30, it's VF-something. R-4. PCGS Price Guide is $5500.



-Paul

Except it's not. This is the 108a, price guide $250.

jesbroken

I'm not very astute regarding Capped Bust Halves, but am I to understand that the
major difference in a 108a and 108 is that the latter is an early die state before die deterioration? And this effect increases the value 21 times? Wow! Where do you find the
CBH variety/condition pricing?
Thanks for the post.
Jim

CoinZip

Does it qualify for the guarantee?

sparky64

Where do you find the CBH variety/condition pricing?

PCGS price guide breaks them down.



Click the little '+' sign on the left.

coin22lover

Originally posted by: jesbroken

I'm not very astute regarding Capped Bust Halves, but am I to understand that the

major difference in a 108a and 108 is that the latter is an early die state before die deterioration? And this effect increases the value 21 times? Wow! Where do you find the

CBH variety/condition pricing?

Thanks for the post.

Jim

Honestly not really. The prime 108 would definitely be worth a premium, though not nearly that much.

BustHalfBrian

First thought was that it was a prime die state. I'm having trouble recalling if this variety has a die crack in even the earliest known die states. My gut says it does, which would make that die-crack-free coin a special one.

Posting from iPhone since I'm out but I'll look into it more later and post my findings here.

Treashunt

interesting, someone [actually 2 someones] really wanted that die state

astrorat

Both the "a" and the prime die state are considered R4, with the prime being more elusive. While surprising as a $1400 coin, it certainly is not a $250 coin (even if the O-108a). Then again, if anyone has any examples that look like this for $250 ... please let me know!

I believe this is a die marriage that may jump up to an R4+ or R5- (or perhaps even R5) when the BHNC re-evaluates rarities. I have been looking for an O-108 (prime or 'a') for many years without much luck. And when found, the price is well above market.

lkeigwin

I agree with the above.



It is also possible at least two bidders were influenced by the $5500 price guide valuation and didn't realize that the coin was misattributed as a 108 instead of a 108a.

Lance.

MidLifeCrisis

The opposite of a score = an oops.



But really, this is a good example why I've never been a fan of collecting by die state, die marriage, die variety, etc. The differences are typically just too small.

maibockaddict

The prime die state has had one sale appearance the last ten years, and may be R7.

I posted this link yesterday in a different thread

The 108a is tough, but the premium over a common 1817 should be only significant on XF and above examples, as there are very few AU's out there and even fewer in mint state.

It is also possible that this die marriage is an R4+ or 5- and needs to be revised...

asheland

It's got nice eye appeal. I like it's look.

Hydrant

Underbids?

astrorat

Originally posted by: MidLifeCrisis
The opposite of a score = an oops.

But really, this is a good example why I've never been a fan of collecting by die state, die marriage, die variety, etc. The differences are typically just too small.

And the same thing could be said about collecting by mintmarks. If the only difference is a small letter or two, does such a difference warrant huge differences in price? Most contemporary collectors think so. Collecting by die marriage or die state is just an evolution of this approach that appeals to some collectors.