Bust half offcenter
L
Posts: 11
When a friend inherited this awhile back it had a tag of $1700.00 on it. Any basis or was somebody just dreaming? Opinions appreciated. Thanks!
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Do you know what Overton variety it is?
I'm sure someone with some knowledge of errors will be along soon....
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Gary
It actually looks like it may also be double-struck. Notice the second set of dentilations between stars 2 & 4.
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Bust material that off center is VERY RARE. In plastic, I'm thinking it's worth north of $3,500.00 easy....
Dave
And I guess you should check the weight also.
San Diego, CA
Otherwise..... you just might see it for sale somewhere else for 10K (or more, and yes I'm serious). Of course they would need to find the "right" buyer.
Take a look in the Russell J. Logan/Bowers & Merena auction catalog to see what Capped Bust errors sell for. That off-center Bust half should be worth considerably more than $1700 in any well advertised public auction.
Couple of edge shots. HALF in first & DOLLAR in second. Also is approx 13 grams. My scale is is grams so would be over 12.5 gm & less than 13.5 gms.
Gary
<< <i>If it was a doubled profile Stman would be in the hospital right now LOL >>
Heck, I was already gonna see if I could offer him some coffee or some kind of snack. Heh
jonathan
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WOW! That is incredible. I would say that it is worth $4,500+. A similar piece (1810 in F-12) sold in the Logan sale (11/02) for $3,100. As far as I know, there are no 1809 off center halves known to exist, but I could be wrong. slumlord would be the forum member to address this issue. Very, very rare.
I recently purchased an 1814 half that is 5% off center AND it has doubled edge lettering! I have that one priced at $750 because the off center is not dramatic at all. The edge error is 90% of the cost.
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I'm surprised at the amount of wear on it, my guess is that someone carried this as a pocket/conversation piece for many many years.
Great coin, if judged genuine by experts then it is probably worth several thousand dollars.
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I was wondering the same thing...That is a pretty good guess...makes sense
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Russ Logan Collection this is a link to the Russ Logan 11/02 auction, which has the largest off center bust half collection ever auctioned. Lots of good info here.
Sheridan Downey is THE bust half specialist dealer who has a couple of mail bid auctions a year, which could be the best place if your friend chooses to sell Sheridan Downey
Hard to place a value, but I would guess $2000 - $4000 for the off-center error, and more if it is indeed double struck, but Sheridan is the man to ask about the value of this rarity.
edit - the early off center bust halves in the Logan auction include lots 2224, 2243, 2255, 2269, 2272, 2299, 2306, 2327.
The coin may indeed be worth $1700 to an error collector, maybe more if two bidders really want it.
Russ Logan would know immediately what this error is, and what it is worth. Too bad Russ can only look down from above. Russ may have been the top authority on Bust series errors.
That is a very cool error coin! What is amazing to me is that it circulated for so long before anyone thought of removing it and saving it. I guess in that day in age, 50c was worth a heck of a lot more than it is today.
San Diego, CA
BTW, off cent errors on early coins are rarer than double struck coins.
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As to value, an auction is the best way to determine this. There are several early half dollar experts who also collect errors and they would eagerly pursue this coin. Nysoto is correct that Sheridan Downey is the person to contact to better establish its value, or to consign it to his spring sale. He is close contact with the deep pocket buyers who would pony up for this coin.
Thanks to stman for posting the image of the most important bust half error in existence. This wonder coin sold for ~$15k in the Logan sale. The last two bidders for that coin are the two gents who would most eagerly pursue this new discovery.
Edited to add- holder is irrelevant for this coin. Slabbing is a waste. If it is sold, the most likely buyers would want to see the complete edge and would insist that it be cracked out before bidding It is of low grade with no need to protect the surfaces. Also, the variety is irrelevant. A small premium would attach if it were a 101, 113 or 114, but it appears to be a 105, which is the second most common for the year behind 102. For value, I'd suggest ~$2500. Russ's flip over double struck 1808 O.110 only brought ~$3500.
Gary
$1,700 doesn't sound outta the question at all.
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<< <i>Interesting bust half! The rim is raised in the off-center area that is not struck from the edge lettering and rimming machine, which not only gives the lettered edge but also thickens the edge prior to striking in the screw press. I agree with Dr Paper on the O.105 attribution, and also that it may be double struck.
Russ Logan Collection this is a link to the Russ Logan 11/02 auction, which has the largest off center bust half collection ever auctioned. Lots of good info here.
Sheridan Downey is THE bust half specialist dealer who has a couple of mail bid auctions a year, which could be the best place if your friend chooses to sell Sheridan Downey
Hard to place a value, but I would guess $2000 - $4000 for the off-center error, and more if it is indeed double struck, but Sheridan is the man to ask about the value of this rarity.
edit - the early off center bust halves in the Logan auction include lots 2224, 2243, 2255, 2269, 2272, 2299, 2306, 2327. >>
Sorry I missed seeing this a few minutes before I made my short post. Sheridan is certainly the man to contact for selling this coin.
Always great to see CU threads like this one.