1806 Draped Bust Half Cent- XF Details Environmental Damage

Discussion in 'Coin Chat' started by jlaufgraben, Jul 24, 2019.

  1. jlaufgraben

    jlaufgraben New Member

    I'm looking into buying this coin, but it has environmental damage. I'm fine with that, but I wanna make sure I'm getting a good deal. The damage looks pretty mild (to me), but I wanted to see what yall think it's worth (considering the damage). FullSizeRender.jpg IMG_4008.jpg
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  3. ldhair

    ldhair Clean Supporter

    It's tough to put a value on something like this. Without the damage, it's about a $350 coin. The way it is, I'll guess it's worth $200 to $250. Some would not pay that and others might pay more.
  4. kanga

    kanga 65 Year Collector Supporter

    Look at the XF-40 catalog value then divide that in half.
    After that subtract the S&H.
    IMO that's your max bid.

    But remember, if you buy a coin with a problem you'll always have a coin with a problem.
    buckeye73, PlanoSteve and Oldhoopster like this.
  5. halfcent1793

    halfcent1793 Well-Known Member

    Its a very common variety. There is significant damage. I’d pass unless at a very low price.
    buckeye73 likes this.
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    I would pass and wait patiently for one that would grade. This is a damaged coin and ED grows worse in time. This will always be a problem coin.

    Welcome to CT.
  7. buckeye73

    buckeye73 Well-Known Member

    Given the choice of this coin, I would choose a choice, no problem VF (possibly raw) or better of this very common variety.
  8. Michael K

    Michael K Well-Known Member

  9. JeffC

    JeffC Collecting for the fun of it. Supporter

    By environmental damage, do they mean the corrosion around the "OF" on the reverse side? On the obverse, I don't see any corrosion. Is there corrosion on the obverse side too?
  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    You got it. See how rough the surface is? That was caused by corrosion.
    JeffC likes this.
  11. yakpoo

    yakpoo Member

    There seems to be a cottage industry on eBay of people who buy "details" coins, crack them out, then resell at a profit. The new owner submits, is disappointed, and the cycle begins again. I think those people set the going price for such coins.
    Last edited: Jul 24, 2019
  12. ewomack

    ewomack Senior Member Supporter

    I agree with the "if you buy a problem coin then you have two problems" camp. Save a little more money for a nicer specimen. I'm guessing that the resale value on anything marked as "problem" is dicey.
  13. JeffC

    JeffC Collecting for the fun of it. Supporter

    Thanks! Hey, when I figure out how to send you a message, may I send you photos of 2 graded Half Cents from my Hand-Me-Down collection? Both are grade AU - Details but both holders read Environmental Damage. I've always wondered where the damage was for each one. Only if you don't mind...
    Both are 1832 Half Cents and the TPG is NGC.
  14. halfcent1793

    halfcent1793 Well-Known Member

    With early copper, it is often just fine to collect coins with some damage; some are too rare to collect any other way. These were the money of the people, they were heavy and soft, and they circulated a lot. However, this particular coin is a very common variety by half cent standards, so I wouldn't recommend that you buy it. An undamaged coin in F-VF would be a better buy, and you'd be happier with it in the long run.
    JeffC, Eduard and Paul M. like this.
  15. Collecting Nut

    Collecting Nut Borderline Hoarder

    Not an area of coins that I'm familiar with but feel free to send me a pm.
  16. JeffC

    JeffC Collecting for the fun of it. Supporter

    Thanks. I need to take photos first. Maybe a second pair of eyes will help. I just couldn't really see where the damage is. Thanks again.
  17. Eduard

    Eduard Supporter**

    Exactly the approach which experienced copper collectors take.
    yakpoo likes this.
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