Capped Bust Half Dime - from Unc Deetz to MS64 across the street

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Bikergeek
Bikergeek Posts: 704 ✭✭✭✭✭
in U.S. Coin Forum

I've been watching this 1829 LM-2 (R1) for a long long time. Here is its NGC cert page. It's pretty, but $3465 seems a lot to ask for an Unc details. Sad that it doesn't "pop" more to accent the color (see reverse, not in this post).

But now I see it's available here for $1500, in an MS64 straight graded holder. (Or here on eBay for $1575). Here is its NGC cert page.

Now, I'm sure I own some coins that were once in details holders and now are straight graded. I'm not pointing any fingers... if I like a coin, I buy that coin. We all have our journey! But the fact that it's concurrently for sale in two places, in two different holders, both of which are still deemed valid on the NGC Verification page, is a bit unusual.

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  • TrickleCharge
    TrickleCharge Posts: 502 ✭✭✭✭
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    That price tag of $3465 for the details slab sure makes the straight grade slab it's in now for less than half the price look like a bargain. Wonder if that's intentional.

  • johnny9434
    johnny9434 Posts: 34,092 ✭✭✭✭✭
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    @TrickleCharge said:
    That price tag of $3465 for the details slab sure makes the straight grade slab it's in now for less than half the price look like a bargain. Wonder if that's intentional.

    Who knows in the world of marketing and the stuff people come up with, just saying 🙂

  • pcgsregistrycollector
    pcgsregistrycollector Posts: 2,325 ✭✭✭✭✭
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    Thats interesting that it straight graded the second time. Do you have close-up pics?

    Proud follower of Christ! I love the USA! Land of the Bright and Beautiful! 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

  • U1chicago
    U1chicago Posts: 6,995 ✭✭✭✭✭
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    The original seller probably sold it and never took down the listing. He has a few coins in details slab that have been mentioned here over the years. Some of them had descriptions saying they weren’t details or that they were proofs when the holder said business strike. This is one example where he would have been correct that the coin can straight grade. Maybe he should try sending in a few of his other details examples.

  • davewesen
    davewesen Posts: 6,984 ✭✭✭✭✭
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    I am not convinced they are the same coin. Any exact marks?

  • TrickleCharge
    TrickleCharge Posts: 502 ✭✭✭✭
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    @davewesen said:
    I am not convinced they are the same coin. Any exact marks?

    There is a small spot between the leaves on the reverse at 7 o'clock. The reverse streaking also matches.

  • DoubleEagle59
    DoubleEagle59 Posts: 8,433 ✭✭✭✭✭
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    Was the original 'overvalued' coin from our famous dealer who always thinks his graded coins are under graded?

    "Gold is money, and nothing else" (JP Morgan, 1912)

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  • pcgsregistrycollector
    pcgsregistrycollector Posts: 2,325 ✭✭✭✭✭
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    @davewesen said:
    I am not convinced they are the same coin. Any exact marks?

    Agreed. The toning differs from coin to coin.

    Proud follower of Christ! I love the USA! Land of the Bright and Beautiful! 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

  • coinbuf
    coinbuf Posts: 12,572 ✭✭✭✭✭
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    @pcgsregistrycollector said:

    @davewesen said:
    I am not convinced they are the same coin. Any exact marks?

    Agreed. The toning differs from coin to coin.

    The lighting differs not the toning.

    My Lincoln Registry
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  • jesbroken
    jesbroken Posts: 11,252 ✭✭✭✭✭
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    If buying from photo's only, the first set would be far more enticing to me than the second set. And I do feel it is the same coin due to the reverse mark.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

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  • 1madman
    1madman Posts: 1,750 ✭✭✭✭✭
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    Reason why both cert numbers are still valid is because the coin got cracked out of the details slab and resubmitted raw, without the old cert being turned in yet. Nobody regrades a coin in a details holder.

    I do not like that icy blue toning, and I think details artificial tone / questionable color is the more accurate description that should be on the label.

    This is a major red flag coin to quickly steer clear from.

  • Bikergeek
    Bikergeek Posts: 704 ✭✭✭✭✭
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    @jesbroken said:
    If buying from photo's only, the first set would be far more enticing to me than the second set. And I do feel it is the same coin due to the reverse mark.
    Jim

    Jim is right on here. I didn't post the reverse but the closeup photos at the Julian site and the new eBay photos make it unmistakable. Agree, it was a crackout that ngc smiled upon the second time.

    @DoubleEagle it is the same dealer that you mention. I really liked one of his coins that was in an ms64 holder and would have paid strong ms64 money for it, but he said it was a proof and put a $20k price on it. Lol. Hard pass. I dont think it's still on the site, and I wonder where it ended up.

    My hobby website Groovycoins.com, new and improved!

  • lermish
    lermish Posts: 5,007 ✭✭✭✭✭
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    @Bikergeek said:

    @jesbroken said:
    If buying from photo's only, the first set would be far more enticing to me than the second set. And I do feel it is the same coin due to the reverse mark.
    Jim

    I didn't post the reverse but the closeup photos at the Julian site and the new eBay photos make it unmistakable.

    I would have guessed the dealer first try. Ridiculously overpriced details coin and unsubstantiated claims that a business strike coin is a proof? Easy.

    chopmarkedtradedollars.com

  • EarlyUS
    EarlyUS Posts: 306 ✭✭✭
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    Nobody should be shocked or surprised to learn that a previously "details" graded coin later ends up straight-graded. It happens far more often than one might believe if they have never participated in the crackout game.

    Likewise, straight-graded coins can later go into details holders.

    This is absolutely nothing new.

    James at EarlyUS.com

    On the web: http://www.earlyus.com
  • Elcontador
    Elcontador Posts: 7,743 ✭✭✭✭✭
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    This sort of thing makes some people rich and gives the numismatic community a black eye.

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  • fathom
    fathom Posts: 2,202 ✭✭✭✭✭
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    @Elcontador said:
    This sort of thing makes some people rich and gives the numismatic community a black eye.

    Agree.

    Details coins go straight but not to 64 very often. Even across the street. Disappointing and undeserving.

  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
    edited May 28, 2025 9:29AM
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    Savvy players know how work their angle get there.

    Investor

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