Received: 1822 NGC AU-55 Capped Bust Half Dollar -- Blazing Golden Mint Luster & Gorgeous -- WOW

Stuart · June 28, 2006 1:20PM

Here's a new 1822 Capped Bust Half that I purchased at auction tonight.

How do you like her from a strike, luster and preservation state perspective??

These are the original seller's auction photos...

1822 Capped Bust Half

ledzep87 · June 28, 2006 1:23PM

I like it ALOT!

matteproof · June 28, 2006 1:23PM

Beautiful coin Stuart. I like it mucho!

matteproof

NumisOxide · June 28, 2006 1:24PM

I like her a lot! Excellent eye appeal.

slumlord98 · June 28, 2006 1:24PM

Notice the dark residue in the recesses of the motto? The whole coin was likely covered in that at one time, but as long as there are no hairlines and the luster is strong, you have another nice AU.

Cladiator · June 28, 2006 1:34PM

You can see the "old surfaces" in the crevices of S3 and S4 pretty well too. My hunch is it was dipped some time ago and has retoned to the nice golden color it has now. From the photos the luster seems nice. I like it as a high end AU.

lava · June 28, 2006 1:34PM

I think you are going to the party late Stuart. I understand busts were dead but no longer. Why jump in now?

I have no problem with the looks of your purchases though.

Stuart · June 28, 2006 1:46PM

Thanks guys for your always astute and helpful comments, as I continue to build up my knowledge of Capped Bust Halves. I think that this lady is very pretty, and I love the full strike with sharp radial lines in each star!!

Lava: I really enjoy this specific series, and feel that high eye-appealing CBH's in choice AU grades are a true numismatic bargain, and the series is fun to learn about. I also like the fact that these old lettered edge busties were struck from screw press dies, with lots of varieties, as well as striking and luster variations.

RYK · June 28, 2006 1:48PM

Nice looking coin. I would grade it AU-55.

fc · June 28, 2006 2:19PM

anyone know off hand how many of these were minted?
it seems in great shape for the age. i bet the price would
shock me.

very nice coin.

mozin · June 28, 2006 2:50PM

I agree that this coin was dipped and is now retoned in the usual golden color. If left raw, this color should eventually change to many different colors. Nice looking AU.

lordmarcovan · June 28, 2006 2:52PM

Wowsers. Looks like a lustrous li'l mama, there.

MikeKing · June 28, 2006 2:57PM

you purchased a decent Bustie. Congratulations.
1822 :
March 30 - Florida becomes a United States territory.

Galileo Galilei's Dialogue taken off the Index Librorum Prohibitorum, the Roman Catholic Church's list of banned books.

First group of freed slaves from USA arrive to modern-day Liberia and founded Monrovia.

Born:

April 27 - Ulysses S. Grant, 18th President of the United States (d. 1885)
July 22 - Gregor Mendel, Austrian geneticist (d. 1884)
October 4 - Rutherford B. Hayes, 19th President of the United States (d. 1893)
December 10 - César Franck, Belgian composer and organist (d. 1890)
December 27 - Louis Pasteur, French microbiologist and chemist (d. 1895)

lava · June 28, 2006 4:38PM

<< Thanks guys for your always astute and helpful comments, as I continue to build up my knowledge of Capped Bust Halves. I think that this lady is very pretty, and I love the full strike with sharp radial lines in each star!!

Lava: I really enjoy this specific series, and feel that high eye-appealing CBH's in choice AU grades are a true numismatic bargain, and the series is fun to learn about. I also like the fact that these old lettered edge busties were struck from screw press dies, with lots of varieties, as well as striking and luster variations.

>>

Stuart I agree with you as to the variations. Die breaks and the like sure make for some interesting stuff to look at, much more so than coins made to perfection.

morgannut2 · June 28, 2006 11:14PM

Very attractive lusterous example. They've gotten expensive recently but that will make a nice type example.

Stuart · June 29, 2006 12:02AM

Several informed forum members have mentioned in their posts on this thread that pricing on Capped Bust Halves has significantly increased recently.

I would greatly appreciate if some of you would please post your recent Capped Bust Half pricing obervations for collector grades AU-55, AU-58, and MS-60 to 62 to provide us with a bit of recent years pricing background for these interesting coins.

I am also referring to the PCGS Price Guide for retail pricing reference background information on a date by date and variety basis. Please advise on any other useful public CBH Pricing references.

Thanks!!

Cladiator · June 29, 2006 12:10AM

<< I would greatly appreciate if some of you would please post your recent Capped Bust Half pricing obervations for collector grades AU-55, AU-58, and MS-60 to 62 >>

Regardless of what any price guides/sheets say Bust Halfs graded AU58 by PCGS and to a lesser degree NGC that are nice and original or "market acceptable nice" (meaning dipped and have retoned in an eye appealing way) sell regularly for incredible premiums. You can expect to pay MS63 money for a good, eye appealing AU58, possibly more if the right collectors are fighting you for it. In my admittedly less than experienced opinion the grade of AU55 is an incredible deal financially. Many AU55's are simply stunning coins but they do not garner the premiums or attention that AU58's do.

Stuart · June 29, 2006 12:43AM

Cladiator: Thanks for the helpful and insightful information that you posted. I greatly appreciate it!!

Have you ever considered changing your forum nickname to "Bust-iator"??

Stuart · June 29, 2006 3:24AM

<>

By the way, although intentionally not previously mentioned, this pretty 1822 Capped Bust Half has been certified and graded NGC AU-55.

RotatedRainbows · June 29, 2006 3:44AM

<< anyone know off hand how many of these were minted?
it seems in great shape for the age. i bet the price would
shock me.

very nice coin. >>

Mintage was somewhere in the neighborhood of 1,559,573

Dave99B · June 29, 2006 4:05AM

Hey Stuart - I LOVE HER!

That is one sweet Bust half. I own several similar pieces myself (most are NGC 53-58).

A lot of Bust material can be pretty ugly (either dipped white, or with unattractive toning gray). This one is not in that group. Contrats!

Dave

stman · June 29, 2006 4:40AM

Stuart, it really depends on the "Look" of the coin as far as pricing IMO.

<< feel that high eye-appealing CBH's in choice AU grades are a true numismatic bargain, >>

Again, if they have the right "Look" you're probably not going to get any "Bargains" on these.
If you are looking for bargains, you might find some in your eyes, but there just might be a reason for said bargain.

Of course as they say, everybody has different tastes as far as eye-appeal, and surface preservation.
JMWO..... Enjoy!

Stuart · June 29, 2006 5:06AM

stman: Thanks for your previous post about my new 1822 NGC AU-55 Capped Bust Half.

I purchased this pretty lady last night on Teletrade for $486 shipped, which seemed about right to me price-wise, if the coin looks as nice in person as it does in the photos.

Does that sound like about the right market price for (what I feel is) an eye-appealing NGC AU-55??

1822 NGC AU-55 Capped Bust Half

stman · June 29, 2006 5:12AM

Stuart, the price you mentioned is fairly close to what I was thinking. I was thinking between 400-450.
So now you mention you got it on TT and not counting the juice, I was in there. I just don't like quoting pricing
in a thread unless someone asks. Which is why I didn't mention it earlier.

JRocco · June 29, 2006 8:21AM

Hey Stuart, Nice coin. Grade looks right on this half and I agree with what others have said so far. Stman makes a great point in his reply. These are really hard to just go by a grade number. One PCGS 55 might look like a jaw dropping beauty while another PCGS 55 might be a total pass. Slumlord (who happens to be one of the really smart bust guys on this thread) made a spot on observation about this piece early on in the thread---always look for the dirt on these coins. LIBERTY is another great hiding spot for that dirt as the original cleaner probably did not want to dig into the obverse too hard to get all the crud out. This one looks to still have a good deal of luster (another must) and as Mozin said she will probably only get better from here as long as she isn't hairlined.
Wait till the variety bug gets you on these Stuart and before you know it you are buying your tenth 27 half

slumlord98 · June 29, 2006 8:25AM

<< always look for the dirt on these coins. LIBERTY is another great hiding spot for that dirt as the original cleaner probably did not want to dig into the obverse too hard to get all the crud >>

Another place to look is in the edge lettering.

Barry · June 29, 2006 8:34AM

Stuart - just to give you a little bit of a hard time... How can you enjoy the lettered edges when they're hidden by the plastic?

Stuart · June 30, 2006 1:10AM

<< Stuart - just to give you a little bit of a hard time... How can you enjoy the lettered edges when they're hidden by the plastic? >>

Barry: In reply to your above quoted post, there certainly is a potential collecting conflict between purchasing certified slabbed Lettered Edge coins such as Bust Halves and Bust Dollars for third party authentication and grading, versus purchasing raw coins for which we can admire all 3 sides (Obverse, Reverse & Edge) of the coin.

OKbustchaser · June 30, 2006 1:22AM

<< Wait till the variety bug gets you on these Stuart and before you know it you are buying your tenth 27 half

>>

All I can say is HE BETTER NOT!!!!!

Stuart · June 30, 2006 1:54AM

<< All I can say is HE BETTER NOT!!!!! >>

Stuart · July 3, 2006 9:12AM

I received this 1822 NGC AU-55 Capped Bust Half Dollar today and am stunned and in awe of this coin's blazing golden mint luster and its beauty!!

The obverse looks as lustrous as the photo below, and the reverse has equivalent luster to the obverse (i.e. better than the rev photo). The darker area at 9:00-10:00 at stars 3-5 on the photo, must be a shadow, because it is not at all visible on the coin in hand.
WOW !!!

1822 NGC AU-55 Capped Bust Half

mozin · July 3, 2006 10:08AM

Sounds like you did well. 1822 CBHs are tough to find in honest AU grades.

coinlieutenant · July 3, 2006 10:17AM

What Brad said.

Stuart · July 3, 2006 11:17AM

Have any of you Bust Half specialists ever seen a Capped Bust Half such as this which is toned almost a shell casing brass color??

Stuart · July 4, 2006 1:15AM

For the Holiday morning shift...

Received: 1822 NGC AU-55 Capped Bust Half Dollar -- Blazing Golden Mint Luster & Gorgeous -- WOW

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Received: 1822 NGC AU-55 Capped Bust Half Dollar -- Blazing Golden Mint Luster &amp; Gorgeous -- WOW

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Received: 1822 NGC AU-55 Capped Bust Half Dollar -- Blazing Golden Mint Luster & Gorgeous -- WOW