Capped Bust Half Dime Variety Question
sannechino
Posts: 10 ✭✭
I am trying to figure out the value for a 1830 Capped Bust Half Dime variety.
The variety in question is a Valentine-11, Logan-McCloskey-12 piece graded PCGS MS62 with a prominent pedigree.
It's been off the market for over 25 years and has nice eye appeal. Likely very high in the condition census for this R4 variety.
Any help would be appreciated.
0
Comments
Calling @EastonCollection , can you help?
Steve
My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
The PCGS Population Report shows 2 in MS62, 1 in MS63, 1 in MS64.
MS populations look similar for many of the LM varieties for 1830.
https://www.pcgs.com/pop/detail/capped-bust-half-dime-1829-1837/687
Of course, we know that many half dimes do not have the LM attribution on the label, so these are lower bounds
on the true surviving population.
Looking at the PCGS LM Registry Sets for 1830 LM-12,
#1 has an MS64
#2 has an MS62
and the rest are at 30% complete or less.
https://www.pcgs.com/setregistry/half-dimes/early-half-dimes-specialty-sets/capped-bust-half-dimes-die-variety-set-by-logan-mccloskey-circulation-strikes-1829-1837/2630
So those guys will not be bidding wildly on it.
So it looks like it would sell based on the grade and appearance, rather than on the rarity of the LM variety.
On the greatcollections.com sales archive, 1830 MS62 have been selling for
$650-750 without CAC
$956, $1079 with CAC
https://www.greatcollections.com/Auction-Archive
You could also take a look at Heritage and Stacks Bowers.
yosclimber, thanks for the response. I had checked Heritage, but didn't think to check Stacks. Found one that sold recently.
I'm sure that many are not attributed.
I think I will send mine to CAC. It's in an OGH and looks like it should get stickered.
I'll let you all know here once I find out.
I am not an active collector of this series, but bought this back in the 90's at a major auction, as I liked it at the time and had not really decided what I was going to collect at that time.
1830 LM-12 doesn’t sell outside of normal price range for similarly graded and appearing type, IMO
Agree with the above. Although, I want to give kudos to @sannechino for recognizing that this is an R4 marriage, which to me puts it right on the cusp of "scarce" and always catches my eye. @yosclimber and others may be interested to see that the 2023 JRCS census of half dimes is publicly available here: https://nnp.wustl.edu/library/book/646697 (see page 29 for the applicable data table).
Here's my LM-12 in PCGS-CAC 63:
My hobby website Groovycoins.com, new and improved!