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Bust Half Help or Advice

Hey Guys , picked up an 1827 bust half graded by Anacs VF30 and attributed as an o124a. The shop I bought it from said he could care less about varieties and sold it to me for the price of a standard 1827. Heres my questions - is this something that should be crossed to PCGS plastic? Any ideas on value? I am not a bust half collector so any information would help. I havent found much on the web

Comments

  • astroratastrorat Posts: 9,221 ✭✭✭✭✭
    Keep buying Bust halves from that dealer ... he/she leaves a lot of money on the table.

    PCGS plastic would benefit the coin along with the Overton designation, IMO. The coin is an R5+, which is quite a rare variety.

    Nice pickup.

    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • CacoinguyCacoinguy Posts: 279 ✭✭✭
    He is more of a gold and silver guy than a coin dealer but I was pleasantly surprised. Coin is attributed by Anacs of the label.
  • astroratastrorat Posts: 9,221 ✭✭✭✭✭
    Originally posted by: Cacoinguy
    He is more of a gold and silver guy than a coin dealer but I was pleasantly surprised. Coin is attributed by Anacs of the label.
    Attributed on the label and he charged the same amount? That's laughably lazy. Google and a minute of time would have yielded him valuable information. I can certainly understand a PM merchant not attributing a coin ... but to ignore the label? Good for you, at least!
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭
    OMG. What a dope!



    Past auctions for high VF O.124a are in the $2k - $2.5k range (PCGS plastic). But that covers a lot of years. The O.124 obviously doesn't come up very often.



    PCGS's price guide calls a VF30 $2500.



    If you want to maximize your profit, absolutely cross it to PCGS and get it attributed.



    Can we see pictures of the coin?

    Lance.
  • opportunityopportunity Posts: 1,067 ✭✭✭✭
    Is this even a real story? I see dealers overlook stuff all the time, but to have the variety right there printed on the holder?

    Early American Copper, Bust and Seated.

  • CacoinguyCacoinguy Posts: 279 ✭✭✭
    Lance , would love to post a pic , can i email it to you to post im computer illiterate.
  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭
    Sure. Address is in my profile. Click on the icon in the upper right (with the exclamation point).

    Lance.
  • yosclimberyosclimber Posts: 5,048 ✭✭✭✭✭
    Cacoinguy,
    This site has rarity ratings, price guide, etc.:
    http://www.busthalfprices.com/cbrr.php
  • CacoinguyCacoinguy Posts: 279 ✭✭✭
    Thanks for the site bud , pictures sent to Lance to post
  • BustHalfBrianBustHalfBrian Posts: 4,192 ✭✭✭✭
    That's a tough coin! It's worth upwards of 10x what a common 1827 trades for in that condition. The market prefers these in PCGS holders, so as others have said, I'd cross it if possible, even if it means sacrificing 1 grade level. But not 2.

    Congrats on a great buy! Keep this dealer friend close.
    Lurking and learning since 2010. Full-time professional numismatist based in SoCal.
  • OKbustchaserOKbustchaser Posts: 5,546 ✭✭✭✭✭
    Not to pour cold water on everything, but AT LEAST 1 out of every 10 ANACS Overton attributions that I see are wrong. I'd wait on Lance's attribution after he sees the pics before I celebrated too much.







    By the way, PCGS is almost as bad on Overtons and NGC is even worse so I'm not singling out ANACS here. NEVER depend on a TGP for an attribution. Check with one of the experts in that particular series.
    Just because I'm old doesn't mean I don't love to look at a pretty bust.
  • CacoinguyCacoinguy Posts: 279 ✭✭✭
    Lance saw the photos and verified it was indeed the o124a...thanks again for everyones help
  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭
    Not the clearest pix, but good enough to attribute. VF30 feels a little generous.

    Lance.



    imageimage
  • BustHalfBrianBustHalfBrian Posts: 4,192 ✭✭✭✭
    Looks about average for the grade. I like the color; it looks original (uncleaned). It's a $1000 bill, IMHO, and I don't mean the large denom note.
    Lurking and learning since 2010. Full-time professional numismatist based in SoCal.
  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    I'm posting this in the defense of the grade assigned! Am I out of line with the asking price?
  • hchcoinhchcoin Posts: 4,837 ✭✭✭✭✭
    Cool
  • BustHalfBrianBustHalfBrian Posts: 4,192 ✭✭✭✭
    Originally posted by: amwldcoin
    I'm posting this in the defense of the grade assigned! Am I out of line with the asking price?


    An NGC XF45 sold for $1880 last year, and that was an attractive coin (I remember because I almost bid on it). When you consider that your coin has problems and, quite frankly, appears to be over-graded, I'd value it at less than half of what you're asking on eBay.
    Lurking and learning since 2010. Full-time professional numismatist based in SoCal.
  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    Originally posted by: BustHalfBrian

    Originally posted by: amwldcoin

    I'm posting this in the defense of the grade assigned! Am I out of line with the asking price?




    An NGC XF45 sold for $1880 last year, and that was an attractive coin (I remember because I almost bid on it). When you consider that your coin has problems and, quite frankly, appears to be over-graded, I'd value it at less than half of what you're asking on eBay.




    I guess PCGS priceguide is way off on this one! It is $5000.00 in XF40!

  • astroratastrorat Posts: 9,221 ✭✭✭✭✭
    Originally posted by: amwldcoin
    Originally posted by: BustHalfBrian
    Originally posted by: amwldcoin
    I'm posting this in the defense of the grade assigned! Am I out of line with the asking price?


    An NGC XF45 sold for $1880 last year, and that was an attractive coin (I remember because I almost bid on it). When you consider that your coin has problems and, quite frankly, appears to be over-graded, I'd value it at less than half of what you're asking on eBay.


    I guess PCGS priceguide is way off on this one! It is $5000.00 in XF40!
    Yes, it is. Retail for an EF should be in the $2000-$2500 range. Considering the paucity of public sales of this R5+, it would be interesting to learn how a $5000 price was established for an EF-40.

    I think the OP's coin is graded properly and I agree with Brian, it's about a $1000 coin at retail.

    The coin is really an R5 and not R5+ (which will soften the price more). R5+ coins have an estimated 31-46 known and R5 coins are at 47-63 known. The latest BHNC census puts it at R5 and not R5+. Regardless, it's a difficult coin to find.
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces

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