1836 5 cent found on Exmoor in the UK - authentic/grade/value please?

I usually hang out on the World Coins forum but I have been brought this by a farmer here in North Devon. Apparently found by his detectorist nephew on his farm on the edge of Dartmoor.
Weighs 1.35g, which is right, and I have had it checked on an X-ray machine as silver.
Any reason to believe it is not authentic? Are these faked?
What grade on a US scale would you give it, if it is right?
The owner wants me to sell it for him - what sort of price should I ask?

Thanks for any assistance.

 

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Certainly appears authentic to me. I have a couple of these. I am thinking maybe fine 12-15 except those scratches take away from that. I don't know how to translate this to Euro's but I am thinking maybe a $60.00 piece with the surface scratches. That's about what I would give for it anyway. Cool find!

 

Thanks for that - it helps. Sadly they tried to clean it before showing it to me!

 

This is one of those coins that you wish could tell you it's life story!

 

And that's where they've likely screwed up. They should have left it untouched and presented it to you as it was found in the ground. I don't know if those scratches are contemporary but if they're not their attempts at cleaning have brought down its condition and value considerably.

 

First, although there is "5 C." on the reverse leading you to call it a 5 cent piece,
it is correctly called a Half Dime.
All silver coins of this face value are referred to as Half Dimes.
And it is part of the Capped Bust design issue.

I took a quick look to determine the variety.
It appears to me to be an 1836 LM-1, R-5.
The "LM" is from the Logan/McCloskey book, and the R-5 means Rarity 5 (Rare: 31-75 known).
That places it as the rarest of the the 1836 varieties.
If I'm correct in my identification it's a very nice find.

I see it as a late die state as shown by the metal flow lines in the outer areas.
I would tend to grade it at least VF-20.
But the cleaning puts a serious dent in its value.
Maybe somewhere in the $50-100 range.

 

Paddy your coin is an 1836 cap bust half dime it is an LM 6 Obv. 4 Rev. JJ that makes it an R-3 rarity. " Scarce " but more that 200 known specimens known!
As stated this is in the late die state. Due to the condition I say xf /vf netting vf detailed due to cleaning I place its value around $50-60.usd.
As an collector of both cap bust and seated half dimes this still is a nice find for it's R factor and condition.
This is one of the first post in a few weeks as my phone and Pad were stolen and I lost all my passwords for both private and business contacts.
Nice find cheers

 

In order for this to be the 1836 LM 1.1 remarriage there would need be a massive die crack.
Starting at the T in united running along the EPU banner to the left side of the E in states.
There would also need be an die crack from the top of the O in of to the rim. There's also another die crack from the top of the last A in America to the rim.
The reverse would need be the DD rev. Die which this specimen is the JJ reverse die.
The S in states does not aline with the S in Epluribus it is close but isn't correct.
The 5 C. Flag of the 5 tip doesn't aline with the feather on the arrow.
The obv. The date the 3 and digits in the date do not match as in style and placement. Notice the 3 the opening is or looks to be somewhat connected .

 

I just took a quick look.
I'll go look again and be more careful.
I knew about many of the die cracks but with the abrasive cleaning I couldn't depend on seeing/not seeing them.

 

VF-20 Details, harshly cleaned. Authentic.