Discussion in 'US Coins Forum' started by NorCal, Mar 3, 2021.
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What makes it tough for me is that I can get scarce high grade coins for low three figures. I’m a sucker for overlooked coins
Coins are horrible investments regardless of which coin it is. Typically.
The one Coin I always wished to find or own was The Half Cent. They just seem to be getting more scarce as time goes by. I say at least buy one half cent before it's too late .
As your name implies, a very sensible choice. One day soon, all half cents will only be seen in museums or large collections
Looking at the three coins that you bought, here is my experience. VG is a very low grade for an 1835 half cent. Most of them are VF or better. The coins did not circulate that well after the series was resumed in 1825. The 1832 in AU is probably a nice coin. I have always liked the 1857 half cent because it’s the last of its kind. I hope that you found a piece that has real red and one that has been dipped or cleaned.
Generally the Braided Hair Half Cents (for most collectors, collectible era 1849 to 1857, less the 1852) are not that popular with collectors for reasons I don’t understand. I think that they are more attractive than their large cent counterparts, but I’ve heard dealers say that they are “slow sellers.”
My view of the braided hair series is they are simply too ugly. Compared to all earlier types, the braided hair to me and most collectors I talk to is they are simply unattractive. I like half cent. Never really collected them but picked up pretty examples when I saw them in AU+, but only begrudgingly bought a couple of braided hair types.
My advice for the OP is to buy what you love and gives you pleasure. That is the only kind of "return" you should ever hope for with coins. Buy/sell spread too wide to make money on them generally. Unless you want to be a dealer, or invest in 5+ figure coins, "return" is a misnomer in numismatics. Sure, we may get some principal back when we sell, but spend hobby money on coins, not investment money.
IMO that's a good reason for them being underpriced.
Which is fine by me since I've started working on a Draped Bust half cent set.
I'll start it out as a Red Book set but later may broaden it to a full Cohen variety set (or as much of it as I can afford).
I already have a full Cohen variety set of the Classic Head half cents and a Red Book set of the Braided Hair half cents (not counting the 1840-1849 proof-only coins).
Thank you for your thoughtful reply. I paid a reasonable price for the 1835 that started me down this rabbit hole.
I enjoy my 11 half cents. In my 60 collector years, my favorite is my type coins set. I was particularly fascinated by the many different coin types minted in 1837. I was disappointed there was no half cent that year so I bought this to fill the void. An 1837 half cent HT token for $120.
Part of the reason they're inexpensive is that there aren't enough of them for the "promoters" to promote.
They are great history. Most were made during the presidencies of Washington, Adams, Jefferson and Madison.
Die breaks and cuds always appeal to me.
It's an 1811 Classic Head half cent, Cohen-1, Die State 5.0 (4-star cud).
Oddly enough the Die State 4.0 (2-star cud) is the more expensive variety.
I guess it didn't last long before it became a 4-star cud.
I love this one. Looks like a drunken sailor punched the date in.
Some people have speculated that he was left handed.
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