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Would you pay $1250 for this AU-58 bust half dime?

BarndogBarndog Posts: 20,516 ✭✭✭✭✭
the toning is not worth an extra $900 or so premium, IMO. Others' opinions?

image

Link to auction

Comments

  • TorinoCobra71TorinoCobra71 Posts: 8,064 ✭✭✭
    oh Boy! LEGEND BASHING!! Wheres Laura? Where's my POPCORN ICON™ ????

    No, its not worth the extra grand for the toning......Give it a BATH! Right Lord MiniVan? image

    TorinoCobra71

    image
  • CladiatorCladiator Posts: 18,270 ✭✭✭✭✭
    $1250?!?!?!? Somebody is smoking some serious crack. The coin doesn't even have a shot in hell for an upgrade which is why you will see alot of crazy prices on the AU58's and it's a common die marriage. If anyone wins that coin at that price they should be put into a rubber padded room.

    Seriously though, anyone who wins that coin at that price is going to burried in it for years.

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  • CladiatorCladiator Posts: 18,270 ✭✭✭✭✭
    What's truely funny is the same auction has a white 1832 PCGS MS63 half dime with a starting bid of only $450 image
  • ConnecticoinConnecticoin Posts: 13,119 ✭✭✭✭✭
    A tad steep, especially in a [koolaid] NGC Holder [/koolaid].

    PCGS might bag that one for QC now -- they seem to be very conservative on color lately.
  • ConnecticoinConnecticoin Posts: 13,119 ✭✭✭✭✭


    << <i>What's truely funny is the same auction has a white 1832 PCGS MS63 half dime with a starting bid of only $450 image >>



    Baby bustie experts -- does this coin have wear, weak strike, or "cabinet friction"?

    image
  • BarndogBarndog Posts: 20,516 ✭✭✭✭✭
  • BarndogBarndog Posts: 20,516 ✭✭✭✭✭
    and I should qualify that statement with this: just about all of the 1832 LM-12 coins are similarly struck, notably with a bulged shield
  • Gorgeous coin. Too steep of a premium for me. I could see paying $400 for that coin. It would make a great type piece for me.
  • CladiatorCladiator Posts: 18,270 ✭✭✭✭✭


    << <i>

    << <i>What's truely funny is the same auction has a white 1832 PCGS MS63 half dime with a starting bid of only $450 image >>



    Baby bustie experts -- does this coin have wear, weak strike, or "cabinet friction"?

    image >>

    IMO the 1832 is an unc. coin.
  • Hi Connecticoin,

    I believe it is MS. The reverse die is sinking at the shield. As the plancet is flowing into the sunk die, there is not enough metal to fill Liberty's hair, curls, or ear. The stars are rather well defined save S6 and S7. The reverse is well struck with good definition at the wing tops, above the eye and the talons.

    It also appears that the reverse has been clashed and lapped!

    I think this is well struck but there is more devices to fill had metal available. This example represents a later die state.

  • BarndogBarndog Posts: 20,516 ✭✭✭✭✭


    << <i>Hi Connecticoin,

    I believe it is MS. The reverse die is sinking at the shield. As the plancet is flowing into the sunk die, there is not enough metal to fill Liberty's hair, curls, or ear. The stars are rather well defined save S6 and S7. The reverse is well struck with good definition at the wing tops, above the eye and the talons.

    It also appears that the reverse has been clashed and lapped!

    I think this is well struck but there is more devices to fill had metal available. >>



    I agree fully...quite typical for this die marriage.
  • BarndogBarndog Posts: 20,516 ✭✭✭✭✭


    << <i>Yeppers, I am on crack! Smokin it real hard.....

    Do NOT grade via images. In person the coin is monster!!!!!

    I'm not worried about it selling. Its the equivalent of a colored Morgan-only in miniature!

    P.S. Its twin sold for $1,250.00 at the last LB show to a dealer! >>



    I wouldn't think you would be worried, it's sub $2K. As you alluded, toning on half dimes is a tougher sell because of the tiny size, whereas on Morgans it is more like a painting on a canvas and easily appeals to a broader (and vision-impaired) audience.
  • RarityRarity Posts: 1,451 ✭✭✭✭


    << <i>

    << <i>Yeppers, I am on crack! Smokin it real hard.....

    Do NOT grade via images. In person the coin is monster!!!!!

    I'm not worried about it selling. Its the equivalent of a colored Morgan-only in miniature!

    P.S. Its twin sold for $1,250.00 at the last LB show to a dealer! >>



    I wouldn't think you would be worried, it's sub $2K. As you alluded, toning on half dimes is a tougher sell because of the tiny size, whereas on Morgans it is more like a painting on a canvas and easily appeals to a broader (and vision-impaired) audience. >>




    VISION-IMPAIRED audience .... I like this statement image
  • BarndogBarndog Posts: 20,516 ✭✭✭✭✭
    and I collect the things exclusively...who's really smoking the crack!?
  • NumisOxideNumisOxide Posts: 11,010 ✭✭✭✭✭
    I like the 1832 better, the 1835 H10c does nothing for me.
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    Bust coinage + slabbed AU-58 + lots of color = moon money.
  • CaptainRonCaptainRon Posts: 1,189 ✭✭
    I remember this one, I was amazed what it hammered at, but then again, I did not have a chance to see it in person.
    Actually not to much of a markup.

    Just in case you wanted to see auction description here is the link: ANR/STACKS Auction...

    ANR/Stacks Auction Photos:

    image
    image
    image
  • BarndogBarndog Posts: 20,516 ✭✭✭✭✭
    that Stack's coin has a shot at a life in a MS holder.
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>that Stack's coin has a shot at a life in a MS holder. >>



    Huh? It's the same coin legend is offering - you know, the one you wondered whether it was worth a "$900 toning premium".
  • BarndogBarndog Posts: 20,516 ✭✭✭✭✭


    << <i>

    << <i>that Stack's coin has a shot at a life in a MS holder. >>



    Huh? It's the same coin legend is offering - you know, the one you wondered whether it was worth a "$900 toning premium". >>



    better pics helped me, I can see it as a 61
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>better pics helped me, I can see it as a 61 >>



    And all was well with the world.

  • BarndogBarndog Posts: 20,516 ✭✭✭✭✭
    indeed. Not worth 1250 to me...maybe a quarter of that.
  • CladiatorCladiator Posts: 18,270 ✭✭✭✭✭
    Laura, when you sell it just make sure that you give the buyer a complimentary jar of lube because you'll be screwing them in the arse in a royal way.
  • ConnecticoinConnecticoin Posts: 13,119 ✭✭✭✭✭


    << <i>and I should qualify that statement with this: just about all of the 1832 LM-12 coins are similarly struck, notably with a bulged shield >>



    Thanks.

    On the 1835, the ANR pics seem to show the toning better -- looks less "phony".
  • ConnecticoinConnecticoin Posts: 13,119 ✭✭✭✭✭


    << <i>I'll make sure its premium grade lube too!


    I love it, you guys knock a legit coin, but then go buy your overgraded (is everything in the world really an 69 or 70?) recolored (for sure) Modern crap for way too much.


    Morons!


    Sorry, that is as nice as you deserve. Especially those who grade fom images and think they know it all. And those who have nothing better to do than knock anything connected with the name Legend, I'm sure you can read my mind.... >>



    Geez, a bit harsh there -- those commenting on the price are baby bustie nuts, not modern crap collectors.
  • Very nice looking coin, but I would not pay anywhere near $1200 for it. I don't care how nice it looks in hand. Sorry if that offends.....and I don't collect moderns.
  • CladiatorCladiator Posts: 18,270 ✭✭✭✭✭


    << <i>I'll make sure its premium grade lube too!


    I love it, you guys knock a legit coin, but then go buy your overgraded (is everything in the world really an 69 or 70?) recolored (for sure) Modern crap for way too much.


    Morons!


    Sorry, that is as nice as you deserve. Especially those who grade fom images and think they know it all. And those who have nothing better to do than knock anything connected with the name Legend, I'm sure you can read my mind.... >>

    How many times can she be wrong in one post? image I count 7 in this one alone.
  • CalGoldCalGold Posts: 2,608 ✭✭
    What are you guys smoking? If you think the 1835 is over- priced don't buy it. I have paid "too much" for a bunch of my toned coins. The alternative was not owning them. I chose ownership. Will I get my money out of them when its time to sell? I think I can make money on some of them. If not, so be it.

    CG
  • BarndogBarndog Posts: 20,516 ✭✭✭✭✭


    << <i>cladiator-thanks for keeping the thread alive. I like free advertising.... >>



    I would have never purchased from Legend if it wasn't for this forum
  • If someone wants a coin, they want it. Money isn't always an issue
  • GooberGoober Posts: 980 ✭✭✭
    Wow and I paid only $800 for my '31 MS64 beautifully toned H10 that everyone tells me to crack out because it looks 65. WOOT!
    Prost!

    Why step over the dollar to get to the cent? Because it's a 55DDO.
  • MyqqyMyqqy Posts: 9,777
    I don't know about the value of the legend half dime at the asking price- but it's the first half dime I've ever seen that's made me think about collecting them.... image
    My style is impetuous, my defense is impregnable !
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    I think it is the kind of coin a type collector would buy to own one attractive example, regardless of the price. Obviously, the dedicated bust half dime collectors would not fall for it. image
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  • Have any of you self styled authorities considered what a challenge it would be to assemble a set of baby busties in au 58 all toned like this?
    Or even a type set in 58 with this coin as it's centerpiece. Why is everyone behaving like day traders instead of collectors?
    The true collector does not concern himself with whether or not he's getting buried but rather does the coin fit his taste and pocketbook.
    Why is the price on this one so outlandish when $40 dollar Morgans sell for $4000?
    When I was a collector I was hoo-rahed for letting my self get screwed on coins I selected for my collection.(on some I really paid moon money). I can only say that when I sold them I was quite pleased with the profit
    I have spent some time now looking for some of those dealers so they can screw me again.
    Did any of you see the Oregon that sold at auction for $69,000. Many people ridiculed the buyer as being "nuts".
    He sold it for a handsome profit.
    Some of you really need to stop acting like investment advisors, day traders and stock brokers and get back to the true joy of collecting. Dave W



    The priceless ingredient in any coin transaction is the integrity of the dealer.
    David J Weygant Rare Coins website: www.djwcoin.com
    dalias13@hotmail.com
  • You say the true collector concerns himself only with how the coin fits his taste and pocketbook. Seems to me like most people were expressing the opinion that while the coin fits "the taste", it is a little to rough on the pocketbook. Looks like the entire thrust of your post is how much someone 'MIGHT' be able to resell it for down the road.....who's acting like an investment advisor ???


  • << <i>You say the true collector concerns himself only with how the coin fits his taste and pocketbook. Seems to me like most people were expressing the opinion that while the coin fits "the taste", it is a little to rough on the pocketbook. Looks like the entire thrust of your post is how much someone 'MIGHT' be able to resell it for down the road.....who's acting like an investment advisor ??? >>



    Perhaps I should have been more clear. In my opinion no coin purchase should be considered strictly from an investment standpoint. Hence the reference to day traders etc.
    I merely tried to point out that I bought the coins for my collection because they pleased me and I could not have bought coins of equal quality for less money. There was little or no thought of investment potential, just my pleasure.
    I mentioned the fact that I later made a nice profit to dispute the fact that anyone can determine that someone is getting screwed by purchasing coins of great quality or fabulous toning at what appears to be a prohibitive price.
    I remember when a certain athlete sold his collection of Morgan dollars a few years ago. They were of such quality that I sat in the auction in a state of shock at the prices realized.
    I finally realized I was missing something and decided to strech out to snag a couple.
    Well I did and was immediately told by authorative "experts" that I was hopelessly buried in them.
    I replied that I didn't care and that if I had to be stuck with some coins I was glad it was these two.
    A year later I became a dealer and these two pets were the first two coins I sold to a dealer at the ANA in Atlanta.
    As to the coin in question, if I were still a collector I would be all over it without regard to what it would bring down the road. If it were the final piece for my wildly toned collection of au 58 baby busties there would be no way for anyone to outbid me. Price would truly be no object.
    After all somebody thought a grilled sandwich that looked like the Virgin Mary was worth $35000 on ebay. Now there's a true collector for you. Dave W




    The priceless ingredient in any coin transaction is the integrity of the dealer.
    David J Weygant Rare Coins website: www.djwcoin.com

    dalias13@hotmail.com
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    The thing about a coin like this is that I really do not see anyone getting hurt here. The seller offers the opinion that the coin is extraordinary and then gives the potential buyer pricing information that lets the potential buyer know how much above "sheet" they are paying. It will be a great type coin for someone, and the potential downside is not that great for those that are not a slave to the price guides. I can think of at least one forum member who probably would have purchased the coin already had it been in PCGS plastic. If it were a few thousand dollar coin for $12,500, I might be a little worried, but even then, Legend is known to pay strong money to buy coins back. Finally, the toning premium for this coin is a fraction of what we see commonly for "monster" toned Morgans (some of which seem quite ordinary). If we were talking about a toned Morgan on ebay from an anonymous seller, well, it would be too boring to even post.
  • CladiatorCladiator Posts: 18,270 ✭✭✭✭✭
    Number of Bids: 0 (Bid History)
    Bidding Starts At: $ 1250.00
    Auction closed
  • BarndogBarndog Posts: 20,516 ✭✭✭✭✭


    << <i>Number of Bids: 0 (Bid History)
    Bidding Starts At: $ 1250.00
    Auction closed >>



    saw that. Too bad. Legend will place it with a happy buyer eventually
  • CladiatorCladiator Posts: 18,270 ✭✭✭✭✭


    << <i>

    << <i>Number of Bids: 0 (Bid History)
    Bidding Starts At: $ 1250.00
    Auction closed >>



    saw that. Too bad. Legend will place it with a happy buyer eventually >>

    Happy, yeah I guess that's one way of saying it.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    That coin is beautiful. I have an 1862 seated HD with a beautiful color almost like that
  • CladiatorCladiator Posts: 18,270 ✭✭✭✭✭


    << <i>That coin is beautiful. >>

    No question about that, it most definitely is.

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