1851 half cent

Discussion in 'What's it Worth' started by jon12, Sep 21, 2013.

  1. jon12

    jon12 Young Numismatic

    Can you tell me the grade and value of this coin?
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  3. non_cents

    non_cents Well-Known Member

    Looks like the one I sold you... :)
    I'd say it's a mid to high VF (in my opinion). Value is whatever someone will pay for it. I put an asking price of $21 and I think that was reasonable...

    If you check ebay for completed listings, I am seeing problem-free examples of this coin in about the same condition going for $60-80.
     
  4. ldhair

    ldhair Clean Supporter

  5. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    If you've any concerns, this would have been the question to ask before you purchased it.
     
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  6. beef1020

    beef1020 Junior Member

    Holed coins like these are tough to value as the demand is just not there. Unless its rare, which this one is not, its value is killed. I would say 5 to 10 bucks.
     
  7. non_cents

    non_cents Well-Known Member

    Jon12, if after hearing the opinions of those who know a lot more than me you are having second thoughts about the coin, feel free to contact me if you want to work something out.
     
  8. beef1020

    beef1020 Junior Member

    I'll add 21 is not unreasonable for this. There is really no guide for coins like these, they are worth what you think is fair. Just because I would pay 5 does not mean 20 is a bad price.
     
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  9. Sean the Coin Collector

    Sean the Coin Collector Active Member

    I wouldnt pay that much but to each his own !! i must say though jon you seem to post pictures of the coins you get after deals or trades, almost likely your questioning them, this is something to do before you make a deal !!
     
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  10. non_cents

    non_cents Well-Known Member

    I will echo that if you have concerns regarding value/grade, it is always best to ask these questions, either to the seller or someone else, before purchasing the coin. The last thing you would want is "buyer's remorse"...I would know, I've bought coins in the past that looking back, should have looked into a little more before purchasing them if I had concerns.

    That being said, if you are happy with the purchase you made, then value shouldn't play that big a role in enjoying the coin.
     
    jon12 likes this.
  11. jon12

    jon12 Young Numismatic

    Well I do like the coin. Although I would think it would be worth more than that, the red book price for it in VF is $80, but I can now say I have a coin rarer than the 1909-sVDB
     
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  12. non_cents

    non_cents Well-Known Member

    I'm glad you like it. :)
    Concerning the redbook, keep in mind that the redbook generally has inflated prices, and those prices are for problem-free examples.

    And with a mintage of less than 150,000, this coin is outnumbered by the number of minted 1909-S VDB cents by 3 to 1!
     
  13. jon12

    jon12 Young Numismatic

    Do you like the blue book better than the red book?
     
  14. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    The blue book is, in its entirety, worthless, and the red book holds decent information aside from prices. You will constantly hear people give the blanket statement that the red book overvalues coins, and while this may often be the case, it does not hold true for everything. Beyond this, a price guide - any price guide - is just that... a guide. While some are better than others, no guide could ever give a value to every coin at every grade and condition since there are so many variables. The best thing one can do is to learn the market for whatever series interests them, and this is, of course, on top of knowing how to properly grade, identify problems, etc, etc.

     
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