It's ugly, but now that I think about it some more, if it was the missing piece in my collection, and I had the dough, I'd probably pick it up. It's not like these come up for sale under $20k all the time either. There's an NGC VF25 on eBay now for $75,990 OBO.
That coin has been in a dealers’ inventory for a long while. It is a plate coin from one of the Overton books, but it has a scratch in the obverse.
It’s clearly identifiable as a 1797 half dollar, but that’s about all it has going for it. It doesn’t help that its appearance is pretty ugly. I would have to have my heart set on owning one to be able to justify shelling out the money for it.
Some people may be so OCD, that even filling that slot with this coin may keep them from going crazy. One of the downsides of going for a well defined collection. I reckon I'll just go on picking up coins I like.
$24,500 i would rather buy a nice car for that much all I see is a heavy worn silver round it only has the date going for it thats all!!!
Yes I would, knowing that I actually have it, and that anything nicer would probably cost me north of $30K. I know that with scrimping an saving all of the other 10 pieces I still need for my Whitman type set could eventually be acquired. Not that one. Even in that condition I feel sure it will be forever out of my reach. So yes I could be happy owning that.
Just the response I been waiting for...... Would you rather have this coin or one that resides in a problem holder that may show more detail? Hypothetically, if a 1797 half showed up for the same money and had been cleaned improperly or had environmental damage, yet was clearly identifiable as a 1797 half.... Which would you opt for?
Then you have to start weighing the trade off and every case is different, but in general yes I would prefer a higher grade with a problem, but it all depends on high high the grade and how bad the problem
Personally I'd go for the details coin over this one - heck the reverse has worn nearly smooth, maybe it was damaged and then sanded down I find the prejudice against genuine details coins means I can get them cheaper for my collection, so I encourage it.
It definitely depends on the type of damage but I personally would rather have a coin with an old cleaning that has more detail than the slug in question.
If I were going to spend at least $27,000.00 on a single coin, I'd at least like to see a hint of the reverse design apparent.