1839-O 50c on eBay

Boosibri · January 12, 2013 10:01PM

1839-O

Cleaned and AT?

Walkerguy21D · January 12, 2013 10:12PM

Old cleaning and likely natural secondary toning, IMO.
Regardless it's gonna bring four-figures. There are folks lined up for this coin.
I saw all of two at FUN, a monster unc, and an obviously cleaned mostly white VF20. The VF was offered at $550, which I passed.
I mentioned it to another dealer that said he wanted it at that price, I walked him over to the table, and it had already sold to yet
another dealer.

Boosibri · January 12, 2013 10:16PM

Where does a nice, dark and original VF30-XF40 price these days? Seems levels have risen in the last few years.

crypto79 · January 12, 2013 11:22PM

That's going to bring well into 4 figures, last couple of xf40 coins I saw worth owning we're around 1500. I too am drawn to these early large branch mint coins and had to have an example for my collection as well as its sister coin the 1840 (o) Large letter Rev coin which is a mule of the Reeded edge Rev and a seated Lib Obv assumingly made in in early 1840 by a novice young Branch Mint. To keep cost down I bought the 1840 raw as a slight cherry pick and the 39-o in an off holder even though to be honest it is very nice for low grade. They now both sit in PCGS AG-3 holders and shortly will end up in PCGS's new double holder which I have a growing collection of. Even at these low grades, I think most would be surprised at the retail prices of these popular coins.

jdimmick · January 12, 2013 11:58PM

I just sold a PCGS 45 to a dealer for 1800.00 , the thing is , he wanted to look at it on the way to down FUN, I had two other dealers offer to purchase if he didn't take the coin .

cameron12x · January 13, 2013 12:13AM

I agree with Walkerguy: old cleaning and secondary toning.

That said, the flash used for the photography has overexposed the fields making it difficult to see how harsh the original cleaning was. It could be severe.

Completely original examples are hard to come by in the higher grades. Here is my somewhat unoriginal example:

USMoneylover · January 13, 2013 1:03AM

Do most 39-O's have medal alignment?

coolest · January 13, 2013 1:12AM

I think this coin is on the want list of more forum collectors than any other I can think of, odd that the 1836 seems to be of less interest?

cameron12x · January 13, 2013 1:47AM

<< <i>I think this coin is on the want list of more forum collectors than any other I can think of, odd that the 1836 seems to be of less interest? >>

I believe a lot of it has to do with the creation of the branch mints, the obverse location of the mint mark, and the fact that this is realistically the first year of issue for this type at New Orleans (notwithstanding the 20 1838 50C strikes).

HalfCollector · January 13, 2013 1:49AM

Most 39-O's donot have the medal alignment as most found will be the GR-1 variety which all come with normal coin alignment. The GR-4 variety comes with a rotation of about 175 degrees on the reverse which makes it appear as having the medal alignment, and this will be found only in the Early Die Stage GR-4's. The mint appears to have noticed the miss alignment and changed it during the minting, so you will find GR-4's with both medal and coin alignment. They appear to be about equal in appearance,so I would not say one is rarer than the other but the GR-4 is not a common variety, in and of itself, but when found, I would not pay any additional premium for the early Medallic orientation coins.

USMoneylover · January 13, 2013 1:55AM

<< <i>Most 39-O's donot have the medal alignment as most found will be the GR-1 variety which all come with normal coin alignment. The GR-4 variety comes with a rotation of about 175 degrees on the reverse which makes it appear as having the medal alignment, and this will be found only in the Early Die Stage GR-4's. The mint appears to have noticed the miss alignment and changed it during the minting, so you will find GR-4's with both medal and coin alignment. They appear to be about equal in appearance,so I would not say one is rarer than the other but the GR-4 is not a common variety, in and of itself, but when found, I would not pay any additional premium for the early Medallic orientation coins. >>

Thanks for your input...I have the book on reeded halves, it's just not with me right now.

TomB · January 13, 2013 4:59AM

The 1839-O is a tough beast to find nice. I was lucky enough to pick off a nice EF45 at the FUN show, but I would not want to have to do that at every show.

johnny9434 · January 13, 2013 6:26AM

<< <i>The 1839-O is a tough beast to find nice. I was lucky enough to pick off a nice EF45 at the FUN show, but I would not want to have to do that at every show. >>

yes it is a tough one

scoobydeux · January 13, 2013 9:50AM

I'd be concerned about the deep digs on the bust and the cheek, as well.

cameron12x · January 13, 2013 10:09AM

<< <i>The 1839-O is a tough beast to find nice. I was lucky enough to pick off a nice EF45 at the FUN show, but I would not want to have to do that at every show. >>

Images please! Inquiring eyes wanna see!

1839-O 50c on eBay

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