Seated Collectors, would you bid on this coin?

https://www.ebay.com/itm/1862-Civil...p2349624.m46890.l6249&mkrid=711-127632-2357-0

Just can't quite make up my mind what I think about this H10.

 

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Looks pitted to me. I'd wait for a nicer one.

 

It appears to have environmental damage, probably from a very old dipping that was not properly rinsed. Pass.

 

Pass on it.

 

Depends on why you're interested in it. If it's a date or die variety that you can't get elsewhere at a price you are willing to pay, then you don't have a choice, do you? But if it's common, then you can certainly get a nice piece at almost any time.

The generic 1862 is common as hen's teeth so if it's not a rare die variety or a known error then skip it.

 

Personally, I'd hold out currently at $55 since there's a high mintage of 1.5 million. If I were to bid, I'd max out at no more than $65. Only because it's a nicer upper grade, maybe EF?

 

I showed up late for the party. Sold for $88.00, so someone liked it.

 

Yes PCGS's guide puts an XF40 at $90 dollars, and the surfaces don't look good in the pics. I think a lot of stuff is selling too high these days, or maybe I just can't adjust to these new levels.

 

Pass. Half dimes are relatively affordable compared to "Full" dimes, until you get into the varieties. You could have a lot nicer example for not a lot more. I'd wait until you had $200-$250 and go crazy if you really want one. At the end of the day I just wouldn't be happy spending $88 on that.

 

One interesting thing about the 1862's, in high grade they are often PL and have very sharp strikes.