1812 Bust Half, GTG

PCGS graded this one MS-62, which was (surprisingly) the top of the condition census for this variety.

With the buyer’s premium, just over $3200. Given the date, variety, strike, and its position on the condition census, I was really surprised. I would have paid that much easily had I the money. A sleeper for sure!

Same here.

 

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I guessed 64, before seeing the reveal. Definitely MS, but I'm surprised at only a 62.

 

Must be low on luster for that grade... because there's nothing else wrong with it.

 

A real beauty

 

I believe they graded it very conservatively just because the price guide values increase significantly in the MS range...

 

This doesn't make sense to me. The graders see 6 figure coins on a relatively frequent basis. Why would they think twice about a $4000 or $5000 coin? And why would they downgrade it due to it's potential value? That would be doing the hobby a disservice, and would mean that there are tens of thousands of undergraded coins all because the graders are "afraid they're worth too much."

 

That’s my thought. Here is the PCGS trueview (the plate coin for CoinFacts):

 

I am confused on this point as well. Doesn't the grading fee slide with the value of the coin? That is, a higher market value means a higher grading fee realized for the TPG?

 

It’s not about the total value of the coin. I would expect them to select the lower grade if they’re on the fence, as the price increases significantly with each grade.

 

Great looking coin. I would have paid that myself. Thanks for sharing the pictures.

 

As others above, I’m in awe of this coin. My take is: minimum MS, say 64-65 (even more, if coins of this vintage get slabbed that high; do they?)

 

I don't know how high these grade. But that coin is wonderful. Thats got to be MS 64 stuff.

 

Was afraid to go that high. Thanks

 

Wondering the same thing. Thanks for asking

 

Wow, nice coin!

 

I don't see this coin on the fence. TPG affraid to pull the trigger.