Thats a nice Half Eagle! Love the overdate!! That design is by far my favorite gold Obv. Hands down. Nice pickup!
I don't know old gold well so I was hoping you could educate me. I looked it up on heritage and coinfacts. http://m.pcgscoinfacts.com/Coin/Grade/8083/55 http://coins.ha.com/c/search-result...Sold=0&Ntk=SI_Titles&Nty=1&Ntt=1802/1+$5+au55 So two questions 1. On coinfacts do you know if there was a specific reason that one au 55 coin sold for so much more then the others (was this one yours?). 2. When you look over the heritage coins two stand out, one for $12k and one for $27k. Do you know if there is a specific reason that these two coins sold for so much more money than the others? I ask because the others listed sold for $10k and under. I was hoping you or someone else could explain this to me.
There are 8 varieties on the 1802/1 Half Eagle. The $27,000 coin is the BD-3. It is a R7 coin with only 3-5 known. It has made only 2 auction appearances from 1990-2005 according to Harry Bas Jr. It had 6 bidders. The $12,000 coin is the BD-8 the most common with 150-200 that have survived. I'm guessing the Heritage photos which show very nice luster had lots to do with that price. Mine is the BD-1 with only 75-100 that have survived. The "IN HAND" look and cool die crack was what sold me on this coin. It's hard to find early gold graded less than MS that doesn't have problems. By problems I mean dings, scratches, spots, unattractive toning and so on. Without looking at all the coins that sold for under $10,000 I'd guess they had some minor problems. I looked at every Half Eagle HA offered last year and only bid on a few, lost them all. I also noticed the dates of the auctions and some of the TPGs involved. They could have played a role in the under $10,000 price
Beautiful Half Eagle!!! Also, thanks for the education. There's always something to learn in this hobby.
Thank you JP and CoinAddict. My favorite is the 1796 No Star Quarter Eagle. When I win the lottery I'll get that one.....
Haha, you and me both! Ive been trying for a quarter eagle type set forever, but that one is on the bucket l on the bucket list for sure!
To touch on the origional conversation.....I personally dont go to shows exspecting "deals". All the dealers there are in it for profits, which is totally understandable. But, my best deals have always been from people selling off their collections, which is where I aquire most of my stuff. If I need a specific coin, or key date and know I want MS and TPG, then the show makes the most sense. To know why your there, and to go in planning on offering fair prices and not insulting lowball offers is the only way to make a show worth the time/money. Just my opinion, Happy Holidays Everyone.
In addition to what Chief already said, and yes the varieties are very important in determining price, there is one more thing that played a part in the realized prices. Look at the dates of the auctions in your post and compare them to this chart, and the dates on the chart. In other words, the higher realized prices occurred at the peak of the coin market. That is not a coincidence.
Doug: Ya mean that this isn't the peak right now? Tell the folks on eBay that the prices have gone down, not up 2X
Well Frank, people will only believe what they want to believe. So they would much rather look at this graph - - than they would look at the one I posted above. Let alone look at this one -
Would you prefer generic gold ? http://www.pcgs.com/prices/Frame.aspx?type=coinindex&filename=gengold Mint State rare gold ? http://www.pcgs.com/prices/Frame.aspx?type=coinindex&filename=msgold Or Proof gold ? http://www.pcgs.com/prices/Frame.aspx?type=coinindex&filename=prgold Sorry, it does not come with fries
maybe that's one reason coins at shows can ask for more...because you have coin in hand before deciding to purchase.
nice...do you if we see the spike jump in 2007 as in all generic coins ? of course, gold coins are partly related to gold prices as we see a downward trend in the past year as compared to all coins that showed an upward trend. nice stuff VV
but FWIW, rare gold from your graph shows less of a dropoff...probably true for rare coins in general ?