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Esoteric question about 1840 (O) half dollar varieties
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<p>[QUOTE="fiddlehead, post: 2737529, member: 31286"]Hi folks. This variety of the 1840 half dollar is rare enough in its entirety but there are also two sub-varieties. WB-101 is the main variety and WB-12 seems to be a sub-variety of that. There are in the Gobrecht Journal schematics of how each of the varieties were created by mating various obverse and reverse dies. According to those journals the standard WB101 has the first of two obverses and all seem to have been made with the same 1839 bust reverse. The question I have is this: Dealers seem to contend that the WB12 obverse coin is the rarer of the two. However, I can't find any evidence to back this up. In fact, I have seen very few standard 101's for sale recently and several wb12's. So how can a collector know if one variety is in fact more rare than another when there is no official record of existing examples? For example, right now, I know of three (O)'s for sale and all are Wb-12's. I saw a few others recently and 2 out of three were 12's. Here's an example of each variety - both circulated and both with CAC. The best way to tell the difference seems to be the position of the date (the wb-101 on top WB-12 on bottom) (you can tell that the reverses are the same based on the die crack from the A in America):</p><p><br /></p><p>[ATTACH=full]624245[/ATTACH] [ATTACH=full]624246[/ATTACH] </p><p><br /></p><p>So, really - is this just a widely accepted hype that tends to increase the asking price on a WB-12, or are these sorts of issues based on some sort of facts? Heritage seldom identifies the wb-12 variety by name, but a quick scan of the 30 examples there shows that the wb-12 may be a minority but is well represented. So, what do you think? Is anyone here able to shed light on the issue?[/QUOTE]</p><p><br /></p>
[QUOTE="fiddlehead, post: 2737529, member: 31286"]Hi folks. This variety of the 1840 half dollar is rare enough in its entirety but there are also two sub-varieties. WB-101 is the main variety and WB-12 seems to be a sub-variety of that. There are in the Gobrecht Journal schematics of how each of the varieties were created by mating various obverse and reverse dies. According to those journals the standard WB101 has the first of two obverses and all seem to have been made with the same 1839 bust reverse. The question I have is this: Dealers seem to contend that the WB12 obverse coin is the rarer of the two. However, I can't find any evidence to back this up. In fact, I have seen very few standard 101's for sale recently and several wb12's. So how can a collector know if one variety is in fact more rare than another when there is no official record of existing examples? For example, right now, I know of three (O)'s for sale and all are Wb-12's. I saw a few others recently and 2 out of three were 12's. Here's an example of each variety - both circulated and both with CAC. The best way to tell the difference seems to be the position of the date (the wb-101 on top WB-12 on bottom) (you can tell that the reverses are the same based on the die crack from the A in America): [ATTACH=full]624245[/ATTACH] [ATTACH=full]624246[/ATTACH] So, really - is this just a widely accepted hype that tends to increase the asking price on a WB-12, or are these sorts of issues based on some sort of facts? Heritage seldom identifies the wb-12 variety by name, but a quick scan of the 30 examples there shows that the wb-12 may be a minority but is well represented. So, what do you think? Is anyone here able to shed light on the issue?[/QUOTE]
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