Good Buy? $2,200 1862 PF63 Seated Half Dollar

So I think we can all agree that APMEX is not considered the budget or cheap option when it comes to coin selling.

But this coin caught my eye.

The first thing I thought when I saw it was: “This coin looks bruised & bloodied. It looks like someone got shot in the leg and had this coin in their pocket.” Then I saw it was an 1862 and realized it was minted during the Civil War when our nation itself was bruised & bloodied. How ironically beautiful.

But also it’s a PF63 19th century Half Dollar in the $2000 or so price range which I don’t see often.

What do you guys think? Should I buy it?

Thanks

 

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No. I would pass . JMO

 

Even though its legit i wouldn't buy a coin like this raw with this color it should be at least certified by pcgs or ngc i would pass on it if not certified and I don't think it would straight grade.

 

Oh yeah it is PCGS certified PF63.

I just cropped the photo to get a better focus on the coin

 

Why? Too expensive?

 

If you like it and the price is right then go for it nice looking early proof

 

Thats what I’m asking though is if the price is right. Like maybe others have seen similar for a lot cheaper.

It’s hard for me to tell what a coin is worth if it’s not one I usually collect like this so I just wanted a second opinion on it. Just to be safe.

 

This isn't a series I'm familiar with/ right price e.t.c this is all I have to say Goodluck more people will chime in.

 

Looks like it is rated a high R6. If that is the Judd scale, maybe less than 20 known? Pretty scarce piece at any rate.

I believe the price can jump around on pieces like this, it's not the easiest to value them. My opinion, which means nothing, is that $2200 doesn't seem ridiculous, for what it is....

OTOH, doesn't the color seem strange for a copper coin?

 

Well, if it's scarce then maybe . I don't like the discoloration ( toning bood stain). JMO

 

I would pass. I would wait for a better specimen with far less going on...just too busy for me.

 

I would pass. No. The color looks very strange.

 

It's beautiful, but a really nice AU58 PCGS sold on eBay recently for "best offer accepted" with a list price of $975 - it just seems a bit pricey to me. https://www.ebay.com/itm/1862-Seated-Liberty-Half-Dollar-AU-58-PCGS-/124487550903?hash=item1cfc0947b7:gSIAAOSw1lBf2Iph&nma=true&si=hRNF4ll3qQvoGzeBrtDS30rF%2BcY%3D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557Counterpoint, Of course, I'm a cheapskate.

 

I guess it depends on how you look at it eh?

I keep imagining an entire collection of shiny high MS Seated Dollars and then 5 bloody bruised ones for 1841-1845 to represent the Civil War and all of them on a wall.

 

But this one is a 63 and a proof.

Proofs are much more expensive.

 

But it’s graded by PCGS so doesn’t that mean it’s real even if the color is off?

 

It does but I mean only 11 have ever been graded. Only 8 have been graded higher. Plus it’s a PF63 so it’s like..one of those pieces you’ll rarely get to see let alone own.

To have a piece that

 

If this is the same coin shown on your previous post, it's a Pattern Coin. Says right on the label J 296. You can't compare it to the prices given for coins made for circulation. Research Pattern Prices.

 

Yeah it is I accidentally posted in the wrong place and idk how to delete it. :/

But yeah an AU58 and a PF63 cannot be compared. Even an MS 63 & PF63 can’t be compared for a price range because they’re both totally different.

 

Here's a list of previous auction prices:


Here's the link: https://www.pcgs.com/auctionprices/details/1862-j-296-pr/60446

As you can see, the PF63BN (PATTERN) sold for $2,040. I thought it may possibly be the same coin but I just checked. It's not the same coin.