FrattLaw, that coin would maybe be worth almost seventy bucks to me, but not quite. It's nice, though.
(You see, I'm just cheap, I guess. I know I could get an original EF40 in a slab for about that much money. But I'm not suggesting you got burned by paying 70 bux for that. I think you did fine).
The Overton variety of this half is either a late state O-114 or O-115, I can't tell from the image. O-115 is a very scarce R.4 variety that was first discovered in 1967, was described in the first Overton book but no picture was available. O-115 would have a modest premium for rarity. The small lump above the clasp identifies the obverse which is shared with O-114 and O-115, the reverses are similar, but O-115 usually has drawn lettering, which your coin has.
This is another example of a late die state bust half with drawn stars and lettering, with worn, blunt rims (from the die, not wear). This makes grading a challenge for these coins.
Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
I think its the O-114 as the left side of I and T are in line on reverse. The O-115 has the right side of I in line with the left side of T. Still it's an R.3 (scarce) and as Nysoto said a late die state, with denticles almost absent and drawn letters and stars. IMO grading should be based solely on bust and eagle wear--which in this case looks to be about an EF40 (cleaning mentioned in earlier post).
Wow, but is it worth $70, or more because of the rarity. Should I keep it in my type set or get it attributed with ANACS/NGC? I know nothing about Overton and scarcity of these coins. Please help further.
It's worth about $100 in EF40 without the cleaning, which drops it to about the $70 you paid. It's a common date and the R.3 isn't going to add a premium IMO. You really need to get to R.4 and above to start realizing a premium and then only from die hard Bust Nuts. Don't waste any money on certification--keep it in your type set.
Your reverse image looks like it was done at an angle, making the I/T alignment difficult. If you could show a straight-on picture of the reverse and a close-up of AMERICA, we might be able to confirm the variety. The alignment of the letters in AMERICA is different on O-114 and O-115, AM is closer on O-115.
I think this is a $70 coin for an O-114 (R.3's have no rearity premium), EF40 details with a light cleaning. For O-115, auction records indicate a $90 to $120 value, depending on the severity of the cleaning.
ANACS might net grade for cleaning, NGC might bodybag. I personally would keep the coin raw. "Early Half Dollar Die Varieties" by Al Overton is the bible for the series.
Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
vf cleaned (very Nice) it don't matter what the grade is unless you put in anacs plasic PCGS will bb it because its not that bust black they like so much. they are way to hard on the classices and to easy on the moderns.
I hate it when you see my post before I can edit the spelling.
Just a clarification. When we talk about rarity ratings, its by die marriage and not date. This 1831 has twenty die marriages, one of which (O-120) is very rare, R.6, (30 or fewer examples known) (courtesy of A.C. Overton)
Comments
I'd rather grade her bust:
(Sorry; couldn't resist. You were wide open for that one.)
Naah, she's AT. Although I have not seen the reverse die crack!
Yeah. You're right. Those T's are almost certainly artificial.
(Sorry again. We now return this hijacked thread to its original topic: the handsome Bust half in the first post.) Not the other thing.
Michael
Definitely!
FrattLaw, that coin would maybe be worth almost seventy bucks to me, but not quite. It's nice, though.
(You see, I'm just cheap, I guess. I know I could get an original EF40 in a slab for about that much money. But I'm not suggesting you got burned by paying 70 bux for that. I think you did fine).
Boy, that was a shot below the belt!!! Your bad!!!
LOL
Numonebuyer
This is another example of a late die state bust half with drawn stars and lettering, with worn, blunt rims (from the die, not wear). This makes grading a challenge for these coins.
Thanks
Michael
I think this is a $70 coin for an O-114 (R.3's have no rearity premium), EF40 details with a light cleaning. For O-115, auction records indicate a $90 to $120 value, depending on the severity of the cleaning.
ANACS might net grade for cleaning, NGC might bodybag. I personally would keep the coin raw. "Early Half Dollar Die Varieties" by Al Overton is the bible for the series.
I hate it when you see my post before I can edit the spelling.
Always looking for nice type coins
my local dealer