1807 Half Cent

Hello fellow C.T'ers,

Can I please have your opinions on this coin and slab. It is a 1/2 cent 1807, in an ANACS slab graded EF 40. It is the variety B-1, the only die marriage for the year.

Two questions on which I would like to have your opinions:
- Is this one of the early, small ANACS slabs?
- Is the coin accurately graded (in your opinion)?

The color is pretty much as it appears in the pictures - dark chocolate brown.

Thanks,

Eduard

 

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between VF35 and their XF40. id say its overall great look could of gotten it that extra grade.

 

Nice half cent!
I send it back to Anacs and have them reevaluate it plus the new holder would make look twice as good

 

I'd like it in VF plastic, but the surfaces are smooth enough to warrant a 40 grade. The difference in price between 35 and 40 isn't huge.

 

Very nice coin Eduard. I like VF35 myself, but XF would work for me. Very nice coin.

 

This coin is in the small white holder, which predates the larger blue insert and gold insert holders. However, this is not the early generation white holder that was in use when the ANA owned and ran ANACS. This is a later generation that was in use after Amos Press purchased ANACS.

 

Sharp looking coin. I agree with the grade. XF-40!

 

What he said. :thumb:

 

I think it has the potential for that grade, it is definitely a nice coin.

 

I'd call it a 30 - 35 coin.

It is an ANACS slab, it is not an early one, and not a small one. (The earliest holders were a little smaller than th later "small white" holders.) This one dates sometime between April 2000 and Feb 2005. I'd have to see the back to narrow it down any further.

 

It's a bit hard to grade from the pictures, but I'd call it a VF to VF+ from a technical standpoint. To give it a net EAC grade, I'd have to take a much better look at it (surface condition, any edge dings, etc). Typically a TPG EF-40 translates to an EAC net grade of ~25.

 

They currently use a yellow (gold) label in a large size holder and have for about a year to a year and a half. (There have been at least nine regular production varieties since Feb of 2005, and one general variety used for special promotions.)

 

Here is my 1807 dbhc for comparitive purposes. It was also in a small white holder, and graded VF-20. I feel it was severely undergraded, probably due to the uneven strike. The OPs coin has a much more even strike than mine, but is similar overall in detail imo. thoughts?

 

I think you would be hard pressed to get an XF grade from PCGS, but I wouldn't care all that much, it is a very nice looking coin in the pics, but I wouldn't be suprised if the surfaces warranted an extra bump to XF. The TPG companies tend to seriously reward choice surfaces.

 

Thank for the feedback everyone.

So,this is not one of the earlier, small ANACS holders. I was curious because from what I have read, the early ANACS slabs seem to be sought after due to the stricter earlier grading.

Grade wise, most seem to think that EF 40 is a bit of a stretch for this coin. However, it does compare favourably vs other EF40's in the Heritage archives.
(Either way I am OK as I only paid F12 money for this coin).

Thanks,

Eduard.

 

F-12 is a good price.

I'm having difficulty with TPGs because they do upgrade for condition rather than downgrade for lack of condition. I would consider yours a VF25 with choice surfaces because of the lack of hair detail, but I think the value should be where an XF40 with normal surfaces is. I'm probably one of the few who advocates the use of positive net grades for choice coins. I would give it a net VF35 or XF40.

The comparison coin I would grade VF20 net F15 for multiple marks with value at VF20-VF25.

(steps on soapbox...)

You see how ridiculous this gets because the TPGs incorporate value into the grading? I wish they would just go with wear detail grading and adjust everything else (strike, condition, eye appeal, etc) up or down in the net AND no adjustment for keys or rarity. A common VF and a rare VF should be identical and let the market adjust the price for scarcity.

What we have now is a Frankensteinian Monster Grading system with a little strike here, a little wear there, a bit of toning left, a bit of color right, a little ding down, a little damage up, a little corrosion around, a little scarcity about and market conditions is what it's all about.

(Steps off soapbox..._

 

I agree with you, Marshall. Let's start a grading service in your basement!

MGS!

 

hahahahaha or we could make CTGS and for each coin submitted it gets its own thread as a identification number.

i guess the grading of half cents must not be taken that seriously because theyre just not in demand.