Half Dime Vlaue II - Ruben almost buys a CAC coin

That's about enough of that...

Back on topic... any more bickering and infractions will be handed out.

 

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Ok, back to the original subject--it is a very pretty coin with considerable eye appeal, gorgeous toning, and I'd say high in grade. The details are so nice--usually one sees so many coins of that series with problems, and that one is a problem free beauty. I'd certainly buy it, and the CAC is accurate,as it is definitely a high in grade coin IMHO.


Here's another picture of the coin in question, and it is one of the nicest examples of that series I have ever seen--the blast white ones have been dipped, remember. If this one was dipped a long time ago,it retoned beautifully.

 

Morgandude, Not to contradict you, but there are FAR nicer examples of toned half dimes. Now, what you said if limited to attractive 62s is much more accurate, but there are lots of much nicer toned 63-66 examples. Respectfully...Mike

 

Thanks for reopening it ...

back to the topic

That might depend on the dealers need for cash, but it certainly wouldn't put you in an advantageous position.

On a similar segway, I liked this dealers coins, and he had made a number of purchases at the show for stock, but he wasn't happy with the sales in the show, and felt that it lacked a retail atmosphere. I didn't pull the tigger on any of these sales because I was clueless about the market values for higher end half-dime busts so I took photos and said I'll get back to him after I asked around and got advise from some people who would know more than I do on the values.

So this is the result of the inquiries.

Instead of these, I pick up another coin that I stupidly paid 2x more than it was sold at auction 3 months ago.

I'm just having a bad week with this kind of stuff.

Ruben

 

I agree. I would not leap on just any one, some times what you want can be harder to find, so you must be patient.

 

Costs? If my tour through Heritage results is being remembered correctly, they start to escalate enormously in price after 62.

Respectfully and with sincerity...

Ruben

 

Agreed.

 

Oh, I agree that there are even nicer ones. You are quite correct. I was just remarking that for a low-Mid MS Grade coin, it was quite attractive, and didn't have some of the "murky" surface look that some Bust coins tend to get--the toning makes it very attractive. Are there better out there? For sure, but this one is pretty nice. Does it merit the CAC--heck yes, given its grade and overall appearance. I'd bet it is a borderline 63.

 

I'm just glad your not in charge of conservation in any of the institutions I have worked for. You would use paint stripper on the Mona Lisa to make it "look better". Unfortunately, you won't be "alone" in this.

Artifacts are living things and have historical context.Their conservation requires serious assessment of the cultural place of the artificial and with its historical context. And then you need to account for being conservative in order to allow for future assessments and repairs based on newer technologies. You don't just hatchet into it like Cortez in the rain forest searching for gold.

Amanda

 

Well I would certainly hope a dealer wouldn't "send me away" over a difference of opinion. Ruben asked for opinions, and I gave mine. I wouldn't look twice at it if I was at a show, but I interpreted this inquiry as more of a scenario where: I'm looking at another (in my case, raw) Capped Bust and the dealer sees my interest, and suggests I look at this (slabbed) one. Now I feel as though he really wants to sell it. I believe it is rude to just stare blankly at him or appear completely disinterested (even if I am) when he offers up ANY coin for my inspection in an effort to make a sale/trade, which is why I demonstrated my method above.

Also, it seems as though most dealers do not take me seriously unless I show some knowledge up front simply because I am younger than most folks in the hobby. I'm a pretty personable kinda guy, and believe me, attitudes change dramatically when I can prove to them a bit that I'm not just a young guy with a pocket full of money to burn on 'investment coins' (A cousin in the Navy 'invests' in slabbed ASE's and still doesn't believe me that they are worth a fraction of what he is paying. tsk, tsk. )

This is how it goes when I go to shows. But I always buy raw, which leaves me more leverage in negotiation. I've been at it awhile now and I know the negotiation process well enough.

As far as "Very few people enjoy having someone talk about the defects in the things they are selling as a point of negotiating" goes... this is correct, but, isn't that the name of the game? Take ANY coin to ANY dealer and the story is the same: seller points out pros while potential buyer points out cons...

Please don't interpret this as 'bickering' or off-topic.... I am not sure if the OP coin had a negotiable price or not, but there it is.

Could you please explain to me though, my "lack of understanding the toning on this coin" ... I don't like it. I understand that. and it is a fact that toning can obscure luster. Many very respected members can attest to this:

Depending on how it looked when it was submitted (how toned it was at that time), I feel that with the toning removed during conservation, it has every possibility of going a grade point higher in a new holder.

Again, not trying to be impolite or anything... just having a little discourse here.

 

The coin on ebay that was posted by detecto might be worth 250-300, since the ebay seller didn't put photo of complete slab, it must be a details grade. detail grade coins are generally worth much less than problem free coins.

 

They do indeed.

FWIW, I was responding to Morgandude, not you, and trying to make the point that CBHDs come nicer.

But, as you point out, not many in 62 will look much nicer than that....

Tell us, why didn't you walk away with the coin?

 

I've had some Liberty nickel business with Dr. Bruder and find him to be a fair, knowledgeable Dealer. The overall eye appeal of this coin is nice, but (for me) I don't like the scratch in the Obverse left field. The price seems "high retail" to me and would pass. However, if you're an avid collector of that series and know that's a tough date in that condition...I would go for it. It's a very personal decision.

 

As others have stated...the toning is a little too much for me and I wouldn't buy this coin for my collection. I simply find the toning unattractive. Don't get me wrong...I prefer coins like this toned, I just don't care for the toning on this particular example.

Also, I'm a bit concerned the toning is hiding some flaws on the coin. Perhaps it's just the photo...but there is what looks like a few sizable dings to the left of liberty on the obverse (in the field) hidden in the toning.

 

In case nobody noticed, those are different coins.

 

Awesome that you got his info to use in the future. Well played! Your method is a much slower (and safer ) one than mine. I will probably employ it in the future, thank you.

 

Bingo - This is it and it cost a modest $2,500 dollars. Aren't we all glad someone here does this for a living..

http://www.typecoins.com/store/product?pid=74517

 

BTW - I would buy that if the cost was at all decent, regardless of the toning. Let me know if you want it, otherwise I might consider picking it up.

Amanda

 

Two further things. I can't understand how that coin is only an MS62, but I have no expertise in grading these, but I see no flaws.

Secondly, I can't see how CAC gave it only a green sticker, since I believe it is much better than a MS62.