I was watching this coin for a few days, and finally with less than an hour left I bid on it. It was sitting at $3.80, and I bid $15.50, and I was immediately outbid. So I raised it to $17, but was immediately outbid again. The auction isn't quite over yet, but it's higher than I think I should go, so I'm done. I'm curious what some of you think this coin should go for, for the next time I see one. Maybe it is worth more or maybe this bidder just really, really wants it. http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=140710743893&ssPageName=ADME:B:WNA:US:1123
I personally wouldn't pay over $10-15 for it. I'm not sure why the book lists the 1869, with mintage of 3,226,000 being worth, for example, almost 5x as much as the 1866 coin with mintage of 2,509,000
If you want a truly rare one, buy this in the next 2mins http://www.ebay.com/itm/Halfpenny-Victoria-Young-Head-1843-RARE-Key-Date-/360436412570?pt=UK_Coins_BritishMilled_RL&hash=item53ebaf309a#ht_2781wt_1039 mintage 968,000
I saw it ended up selling for $22.50, to a different person than the one who outbid me. I agree that the mintage seems high for the price Krause lists. That is a rare date for the penny too. Maybe there's something else going on that makes that date rarer than it seems like it should be.
Yes 1869 is a very rare date for the penny, because its a scarce year.But 1868 (one penny) had a mintage of around 1,000,000 whereas the 1869 had 2,000,000. It could be how many have survived through the years in the case of the half penny and the penny that makes them valuable.
Actually my Krause says the 1869 half penny has a mintage of 3.25 million, so the value seems excessive. 1868 has 3 million and is valued at significantly less.
Very low grade. I think that 22,5 $ is very expensive price for this item. For example: I've got it for 15 $.
think about the 1933 double eagle. 445,500 were minted. how many survived?? i believe the price has to do with survival rate. my spink (doesn't give mintages) lists the 1869 penny at £110 in fine, and the 1868 at £15 in fine. as for the halfpenny... 1869 £25, 1868 £2. it must be a survival thing.
