David Lawrence RC had the sweetest 1794 VF20 about four-five years ago, asking price 20K. Thank the great spaghetti monster in the sky that I did not buy the coin.
@msch1man said:
Despite the seemingly endless parade of lower to mid-grade 1794's, there hasn't seemed to be very many that strike me as particularly eye appealing (then again, I haven't viewed any of them in hand). I'm amazed to see the quantity, but I guess I've been underwhelmed by the quality. That being said, if you find one you like, it certainly seems like a good time to buy one.
Agreed Yes, prices are dropping. If they are good today, they will be even better next year.
Any idea how these have performed since this hoard was sold?
I believe that 1794 half dollar prices have leveled off to a point where prices would be if the hoarding had never happened, which is about 50% lower than peak prices around 2008-2015.
I purchased five 1794 half dollars of different die marriages in 2019-2020, at just under half of hoard prices. This may sound like a steal, but it is more of prices coming down to a normal collector demand level. The hoarding basically delayed my collecting of 1794's for 15 years as I did not want to pay hoard prices.
The 1794 MS half dollar prices are mostly independent of the hoard, as Brand did not buy at the MS level.
Quite a few 1794 half dollars from the hoard are currently on the retail market at optimistic prices above auction levels, waiting for a market rebound.
There is some indication that FH and DB half dollar prices are now starting to increase, from auction results of the last few months.
Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
Comments
I'd like to get me a nice VG of each
Liberty: Parent of Science & Industry
David Lawrence RC had the sweetest 1794 VF20 about four-five years ago, asking price 20K. Thank the great spaghetti monster in the sky that I did not buy the coin.
Agreed Yes, prices are dropping. If they are good today, they will be even better next year.
disregard. Thought we were talking 1795's
Any idea how these have performed since this hoard was sold?
Alert. Old post resurrection.
Us old guys like this courtesy when an old thread is bumped.
I think they may have learned from this.
The Armstrong family has 100 of these otherwise $50 medals, but releasing them 2 at a time as resulted in prices from $2800 up to $6000 each!
@Along asked:
I believe that 1794 half dollar prices have leveled off to a point where prices would be if the hoarding had never happened, which is about 50% lower than peak prices around 2008-2015.
I purchased five 1794 half dollars of different die marriages in 2019-2020, at just under half of hoard prices. This may sound like a steal, but it is more of prices coming down to a normal collector demand level. The hoarding basically delayed my collecting of 1794's for 15 years as I did not want to pay hoard prices.
The 1794 MS half dollar prices are mostly independent of the hoard, as Brand did not buy at the MS level.
Quite a few 1794 half dollars from the hoard are currently on the retail market at optimistic prices above auction levels, waiting for a market rebound.
There is some indication that FH and DB half dollar prices are now starting to increase, from auction results of the last few months.