WFOM New Purchase 1836 Reeded Edge Half

This is a newp from the WFOM. It's also a super rare piece with a mintage of 1200 pieces.

 

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WHY ISNT IT IN A HOLDER? ;O

 

i am sure it will be soon enough

 

Oh thanks goodness

 

I would strongly suggest you get that coin in a NGC holder real quick, because heaven knows the amount of fakes there are of '36 reeded halves.

 

I bought it from a good friend with a buy back offer if I don't sell it. I'm very confident it's just fine.

 

Looks fine to me. Very scarce piece, congrats Matt. When I was collecting those I never had one offered for sale to me, (at least one my my preferred grades of vf-au).

 

As an experienced rare coin dealer and a moderator on this site, Matt doesn't need to be warned about how to handle his transactions. His dealing on matters like this, are with a full understanding of the issues. FYI...to be helpful.

 

I don't think it will holder prob free with the rim damage, also looks like it has had a light cleaning in it's life. Maybe it's the camera, but it looks like the coin is bent.

 

I believe its the camera lens or angle the coin is tilted Tim if i had to guess.

I would agree probably light cleaning. I would also say the rim dings might be an issue with a lesser coin, but somehow "magically" special coins like this sometimes get different standards applied.

Either way, nice circulated example of a truly scarce coin. Most capped bust collectors would be honored to own it.

 

The coin is not being held straight up, at that angle there should appear to be a curve...

 

I saw a reeeded edge 36 at a show a while back, it was holdered as a 25 the dealer was asking 2500 for it.

 

A beautiful coin, although I have a small hunch it'll get a details grade (possible old cleaning, rim damage). Still, a very nice piece. Thanks for sharing!

 

I hear you, but if that innocuous possibly old light cleaning gives that coin a details grade, something is seriously wrong. The only issue to me would be the rim dings, but they are just shy of giving me concern.

If Matt has that happen to him, he should talk to me. I like the coin, and its seriously scarce and an important coin.

 

I was more concerned at the rim ding than the possible cleaning. I haven't really heard of the "special treatment" that some rare coins get, but that doesn't mean it doesn't happen. I'll be interested in seeing what it slabs as.

 

He could just look up the known reed patterns and check it with that.

 

If it's fake, it's an old one. However the "grainy" look to it kind of makes wonder if it truly is real. Here is your coin next a real fake.

Many fakes have an artificial tone around the edges, and the color of the coin itself seems off.

 

Check out some early half cents and large cents. I have seen some corroded and scratched up 1793s in problem free holders from both Ngc and pcgs. Not sure about how this compares but certain coins are givin much more leeway. Here is the most recent egregious example I found:
http://stacksbowers.com/auctions/AuctionLot.aspx?LotID=486841

 

Yeah. But unfortunately this poor 1800 cent didn't make it as much.

 

Mat's coin is, in my opinion, unquestionably genuine. It does not appear to be bent, and if cleaned, only very lightly and not offensively. It just has the right 'fabric'.
Yes, the edge dings do distract a bit.
Concerning its rarity and alledged mintage of 1200, I have read somewhere that this figure may be low in view of the actual number of specimens which are extant. I do not recall the source for this claim now, but if memory serves, the authors claimed the actual figure may be in the range of 3000 or so specimens originally minted.
Here is my example of this coin, ex Stack's 1988 or thereabouts.