1801 half dollar: guess the grade
Baley
Posts: 22,659 ✭✭✭✭✭
a scarce coin in any grade, the elusive 1801 half dollar:
currently in a SEGS holder, what do you think they gave it?
also, opinions as to an appropriate "net" grade?
currently in a SEGS holder, what do you think they gave it?
also, opinions as to an appropriate "net" grade?
Liberty: Parent of Science & Industry
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Comments
I can't sell the SEGS product. When I buy SEGS coins I usually buy them to crack out and sell raw.
I didn't send it out, I bought it in the current SEGS holder. I did pay less than the going rate for what is printed on the holder, because I used my own net grade opinion, and I do like their holder's look and feel, but perhaps you're right, when the time comes to sell it, ANACS would give it, what, in your opinion?
Liberty: Parent of Science & Industry
Looking for Nationals, Large VF to AU type, 1928 Gold, and WWII Emergency notes. Also a few nice Buffalo Nickels and Morgan Dollars.
Monty...
The reverse is very weakly struck.
Notice the areas not as worn looking.
Can you explain the very uneven wear patterns if its not poorly struck?..er pressed.Thats a more accurate term.
I,m saying,it may not be as worn as it appears.
I'd like to form a consensus on this coin, as to
A: what's likely printed on the SEGS slab, and
B: the coin's actual detail and net grades, in your opinion.
As for the scratches, yes of course I'd prefer they were not there, but like them better than if the coin were holed/plugged, cleaned, face or big rim cut, or lots of other problems these come with.
Also, please post pics of your early half dollars!
Liberty: Parent of Science & Industry
SEGS holders are standard size, smooth, have the label on the top, and descriptive comments.
ANACS are ok for smaller coins, but I dont like them for anything larger than a quarter. they seem kind of cheap, and I don't care for the logotype.
Liberty: Parent of Science & Industry
Experience the World through Numismatics...it's more than you can imagine.
I'd guess the coin is in a FN12 or FN15 holder with the scratches denoted (might even state 'damaged' although I doubt it).
I like it. It's not (heavily) cleaned and the scratches are old (smooth from wear).
I'd take it over one with a filled/repaired hole any day.
Is it for sale?
(PM if so.)
peacockcoins
peacockcoins
it took very long to even find this one! still looking for an 1802, very tough coin!
OK! I will reveal that the holder states: Obverse/Reverse/Scratches and they gave it VF (something)
any more guesses as to SEGS opinion or your own opinions as to the net grade?
also, still seeking to view images of any 1801-1807 half dollars and even better, if someone has a small eagle half dollar from 1796 or 1797, Pleeeease post a pic!
Liberty: Parent of Science & Industry
peacockcoins
I like your coin even with the scratches, definately scarce for the variety and date. VF25 details, net VG10 for pricing. SEGS estimate is VF35. Crack her out and leave her raw
on early type, we often see scratches that are not in the form of initials like graffitti, but rather resemble "test marks" where someone scratched the coin to see the unique luster that silver displays when scratched, to determine if it was genuine silver before accepting it for payment. such "battle scars" in my opinion detract far less from the value (at least to me) than other damage such as holes, cleaning, and grafitti, if only because they are a part of the coin's history as it was used for it's intended purpose, for commerce at a time in our history when many different types of coins were legal tender.
the thing about shopping for a scarce coin, you don't have the luxury to look at tens or hundreds that are currently for sale, and choose the one you want. Instead, you are very occasionally presented with an opportunity to purchase one, and you have to decide, do you want this coin right now, or not? and if not, then you go on waiting...
As for the SEGS grade, well, they were more conservative than generally given credit for!
Liberty: Parent of Science & Industry
It's also the first year of the type, which means something to some people, although I always looked for the highest grade I could afford.
Awesome coin. Where did you find it? Dealer, ebay?
So far I've got the 1807, 1806 knob/stem, 1805, 1805/4, 1803 large3, 1803 small3, and 1801 (this coin)
I'm going for mid circulated grades VG through VF and budgeting around $500 per coin. Half are raw, but the 1807 is in a PCGS holder and the 5/4 is slabbed by NTC It's a nice coin though, and they were only "optimistic" by 5 points, in my opinion.
By the way, the 1801 is in a SEGS VF 20 holder, obverse/reverse scratches noted as is the O-101
VF20! not as liberal as most on here originally guessed they would be... and the holder is attractive!
Liberty: Parent of Science & Industry
You are correct in your assumption that this is probably the best looking 1801 half dollar that you will be able to for $500. Most of the coins in that range look like something that you cat leaves by your backdoor as a “gift.” Most anything that looks nice is going to carry with it a price that could go into orbit. At one time I thought that this coin was a little under appreciated. Now I think it’s getting a bit OVER appreciated.
I’ve been doing about the same thing as you have been doing with the early half dimes. I’ve been collecting them by Red Book variety for the last 30 years. I also collected the Draped Bust half cents by die (Cohen) varieties at one time. I gave up on that when I saw that one of the four varieties I didn’t have would have cost me over $7 grand for a ground salvage piece.
Here’s my “little half dime sister” to your 1801. This coin is as tough as the 1801 half dollar. This coin is a PCGS EF-45. It's a late die state, and I think it's really an AU-55.
imo, vf++/vf details, scratches, net VF-20. these just don't fall out of trees. i would value at $650+
i have had the honor of owning several 1801's & 1802's over the years, & have mine tucked safely away.
BTW, retail guides are way behind the true market for a problem-free '01, '02. just try & buy 1 at trends - if you can find 1.
K S
I've found it hard to sell coins in those holders. I'd sooner offer a coin raw than sell in in a SEGS holder. It might sell faster.
AWESOME half dime, Bill, the littlest coins are by far the toughest!
have a great weekend you guys, see you Sunday
Liberty: Parent of Science & Industry
Liberty: Parent of Science & Industry
At one time last year, we had four 1801's and three 1802's (all uncertified) in stock due to several fortunate purchases. They were all sold within the span of three shows.
To avoid a conflict, this coin is not for sale to forum members for a period of 20 days from this post. Thanks.
- jadecoins
Liberty: Parent of Science & Industry
K S
I've been looking for the right '02 for a couple of years now.
they're all either ugly or absurdly expensive.
I can't believe I can't find an attractive, affordable example.
courtesy of jadecoin, here's an excellent O-102:
Liberty: Parent of Science & Industry
roadrunner
$550 wont even get you a Fine these days. they aren't around.
Liberty: Parent of Science & Industry
i'd guess vf-25, but value well above that, trends don't mean diddly on these coins
K S
i see that they graded it "vf-20+", which sounds right. i also see they are asking way above retail - & it's still a reasonable price!
Ex-ANACS-30, which is a solid grade.
Liberty: Parent of Science & Industry
Liberty: Parent of Science & Industry
maybe others who have DB halves will
show more coins.
I know some of you collect these too.
Liberty: Parent of Science & Industry
then in 1807, the 7 was put on, but by then they had different numeral punches, slightly smaller.
Liberty: Parent of Science & Industry
I had to brighten the picture (which is not my scan but a composite of the seller's obverse and reverse pics). This gave the coin an unnatural greenish color. The coin is a nice original grey and except for the rim bump at 8:00 on the obverse and the small hit in front Liberty's mouth, I think it's a good looking piece for a Fine.
The only other one I've ever owned was also a midgrade example:
I love the type, and think they are a good value for the money, considering how much more expensive the smaller Draped/H.E. silver coins can be, not to mention the dollars.
Lower left corner in this sampling from the Holey Coin Vest. I think it's an 1806.
what do you all think of the above coin? Fine detail, net graded by PCGS to VG for an old and fairly harsh cleaning?
Liberty: Parent of Science & Industry