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If this represents the "Premuim Quality" coin market today...
Broadstruck
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It's better to be living under a rock!
Dealer Photos & Full Description:
1834 50C PCGS / CAC XF40 "RAINBOW MONSTER" CAPPED BUST HALF DOLLAR ~ PQ LUSTER! Exceptionally Toned & PQ 1834 Capped Bust Half Dollar O-102 Lg. Date, Lg. Letters PCGS / CAC XF40 Surprising amounts of bold, glittering, satiny frost blanket both sides of this blatantly under-graded, monster rainbow, Capped Bust half dollar! Very similar luster and wear pattern as seen on AU50-53 1834 halves we handled frequently. But even more striking than the copious luster is the gorgeously rainbow toned obverse. Rich lilac and powder blue in the center gives way to peripheral crescents of lime, gold, lemon, orange, and russet; all illuminated by fine satiny frost (The type of toning some dealers would ask $1800 for, in other words). The reverse is primarily mauve with gold and russet accents. Very clean, smooth, hairline-free surfaces. A thin, faint, old-time, toned-over pin scratch is noted on the right obverse field, for accuracy only. Perhaps this is why the coin is absurdly under-graded? We would not bat an eyelash if this was labeled AU50. $550.00
Dealer Photos & Full Description:
1834 50C PCGS / CAC XF40 "RAINBOW MONSTER" CAPPED BUST HALF DOLLAR ~ PQ LUSTER! Exceptionally Toned & PQ 1834 Capped Bust Half Dollar O-102 Lg. Date, Lg. Letters PCGS / CAC XF40 Surprising amounts of bold, glittering, satiny frost blanket both sides of this blatantly under-graded, monster rainbow, Capped Bust half dollar! Very similar luster and wear pattern as seen on AU50-53 1834 halves we handled frequently. But even more striking than the copious luster is the gorgeously rainbow toned obverse. Rich lilac and powder blue in the center gives way to peripheral crescents of lime, gold, lemon, orange, and russet; all illuminated by fine satiny frost (The type of toning some dealers would ask $1800 for, in other words). The reverse is primarily mauve with gold and russet accents. Very clean, smooth, hairline-free surfaces. A thin, faint, old-time, toned-over pin scratch is noted on the right obverse field, for accuracy only. Perhaps this is why the coin is absurdly under-graded? We would not bat an eyelash if this was labeled AU50. $550.00
To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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Comments
<< <i>91 if I submitted VF Details.
>>
Ain't dat da truth.
But, but, but the description pushes this to AU53
<< <i>VF Details
But, but, but the description pushes this to AU53 >>
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<< <i>Just seems like Marketing to me. No big deal and of course lots of hype turns me off, but it may entice others, you never know. One of those things I typically just ignore and put it down to over exuberance in trying to sell a coin that is over priced IMHO. >>
My thoughts exactly; the seller is trying to sell.
The main envelope on a coin like this is market acceptability is pushed to the extreme.
The sad part is there are collectors out there who cruise through this hobby firmly grasped onto the ankles of the crew at CAC.
They will look at this being in the right plastic, read into deeply the description, and whip out their wallets based on a sticker.
oddly enough many fall for the hype and buy
Always expect the unexpected to happen, as it will anyway no matter what you do
<< <i>so what is the big deal? most things nowadays are hyped to the limit and beyond
oddly enough many fall for the hype and buy >>
No kidding. Heck. Some folks would probably have hyped it even more by calling it "uncirculated"
The description in the OP reminds me of a couple of sellers.....I haven't bothered to try to find where it was taken from but it sure reads familiar.....
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
I'd likely just say: Love this one for $550 or hate it for nothing.
Liberty: Parent of Science & Industry
In honor of the memory of Cpl. Michael E. Thompson
Just my 10 cents
/mdg.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
This coin looks more like a scene from a "B movie" than "B" grade coin.
Even so, I didn't notice the huge, gaping chasm of a gouge in the rt obv field until it was pointed out, "A thin, faint, old-time, toned-over pin scratch is noted on the right obverse field, for accuracy only. Perhaps this is why the coin is absurdly under-graded?"
Don't get me wrong, I own several coins that PCGS net graded a bit lower for a problem that was most likely contemporary to the coin's circulation ("test marks", such as this one might be, as when a merchant or shopkeeper scratched the coin to make sure it wasn't just silver plated), and do not find it or other coins in graded holders to be "absurdly under graded" any more than the other side, who says, "this coin shouldn't even be in a graded holder with that damage" I'm in the middle, "it is what it is" and it appears that in those cases, as in this, PCGS and CAC find it acceptable at 40.
edit: another look reveals the old pitting and newer scrapes on the bosom, which, strictly for accuracy, might also be mentioned..
Liberty: Parent of Science & Industry
<< <i>It's not mine! However, it is also quite easily found using the new PCGS search (Shop) feature. >>
There are lines to be read between here, but I can't find them.
<< <i>It's not mine! However, it is also quite easily found using the new PCGS search (Shop) feature. >>
Nah, not your type of description anyway, Tom.
The coin is findable in the way you mentioned, but the description there is different. Leads me to think that where the OP pulled this was different (different seller).
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Latin American Collection
"Keep your malarkey filter in good operating order" -Walter Breen
There has always been hipe in sales that is what at times makes sales interesting. Would this coin have gotten any attention if it just stated "1834 50C "? Now because of the description the coin has made it onto the board with many buyers on it. Sounds like good sales practice to me.
<< <i>A very ordinary, common date coin. >>
“I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~
My Full Walker Registry Set (1916-1947)
https://www.ngccoin.com/registry/competitive-sets/16292/
<< <i>This one of those coins that leaves me shaking my head about CAC. The coin has a big obvious scratch on the obverse and three possible scraps on Ms. Liberty's bust plus funky post dip toning.
This coin looks more like a scene from a "B movie" than "B" grade coin. >>
except maybe for a flip to the sticker crowd.
<< <i>Wouldn't be a buyer at a third the asking price except maybe for a flip to the sticker crowd. >>
It's never good to take advantage of the under educated as there's this thing called karma that will catch up with you. One of my local coin dealers who screwed folks both buying & selling daily for decades passed away after a lengthy (extremely pain as I was told) battle of rectal cancer.
It's far better to just buy coins to flip that you personally like instead of just any POS for profit. Describe them accurately and allow the buyer to make their own decision. This leads to building relationships and if some coins don't sell at least you liked them well enough to keep them.
If it pains you to package coins up to send to a new home instead of feeling like your happy to get rid of that... Your doing something right!
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
<< <i>Yeah if you going to write a description like that beyond the plastic and sticker the coin itself better be able to walk the walk, talk the talk, while also chewing bubble gum >>
Well put
Why are they taliking AU50? That is not the grade on the holder.
Assuming the slab above is this coin it does not appear PQ IMO at all. I do not like the dark spots - I would rate it average quality if that much. Sorry, no interest in it. And to answer the op's question - I certainly hope not.