Good Buy? $2,200 1862 PF63 Seated Half Dollar

Discussion in 'Coin Chat' started by Gam3rBlake, Dec 30, 2020.

  1. SensibleSal66

    SensibleSal66 Casual Collector / error expert "in Training "

    It's not the "bloody" Coin ,said Ozzy .
     
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  3. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Punch up completed sales on Ebay, Great Collections, HA and see what prices for various grades sold for.

    It takes a few minutes but it's worth it for any coin over $100, let alone over $2K.
     
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  4. serdogthehound

    serdogthehound Well-Known Member

    the price seem reasonable based on recent auctions that said it a copper pattern rather then a silver proof so be sure that is what you are after
     
    Last edited: Dec 31, 2020
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  5. spirityoda

    spirityoda Coin Junky Supporter

    I am sure it is real. I personally do not like the color. You might like it. The question you need to ask yourself is.... will I be happy spending this much money on this coin ? Are there other coins I could buy with better eye appeal ? Will I have a hard time selling this coin down the road if I have to ? These are questions I ask myself buying more expensive coins.
     
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  6. expat

    expat Remember you are unique, just like everyone else

    The wording under the coin image would give me second thoughts
    "Your purchase will match the quality shown"
     
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  7. baseball21

    baseball21 Well-Known Member

    You just answered your own question if you like it and can afford it. Things that rare you sometimes have to just pay the asking price if you really want that one. Just make sure it's not a stock photo
     
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  8. baseball21

    baseball21 Well-Known Member

    They usually use actual photos/scans for coins like that, but yea they do use stock photos for a lot of generic stuff
     
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  9. expat

    expat Remember you are unique, just like everyone else

    Understood, but if I was spending 2 grand I would want it to say this is the actual coin you are purchasing. Not all PF 63's look the same and you might get one you hate the look of. JMO
     
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  10. baseball21

    baseball21 Well-Known Member

    I would certainly confirm that it was the actual coin, but I would be very surprised if it was a stock photo for that one
     
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  11. Gam3rBlake

    Gam3rBlake Well-Known Member

    Thanks for all the comments everyone!

    I appreciate you taking the time to help me out. :)
     
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  12. Pickin and Grinin

    Pickin and Grinin Well-Known Member

  13. johnmilton

    johnmilton Well-Known Member

    You need to remember that this is a pattern, not a regular issue coin. If you are okay with that, then purchase it if you like.

    I don’t do much with patterns. I only have one “real one,” and it’s a gold dollar. The “unreal ones,” which are listed in Judd, are a 1792 half disme and an 1836 Gobrecht Dollar. Both of those coins are regular issue pieces IMO.
     
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  14. ldhair

    ldhair Clean Supporter

    I would not buy the OP coin without better images. An ugly coin is not worth 2K. A pretty one is. The images are not very helpful.
     
  15. Kevin Mader

    Kevin Mader Fellow Coin Enthusiast

    As folks have pointed out, the grade is what it is...but the appeal is probably somewhat limited. Some folks appreciate toning and patina on specimens. Irregular staining, or the appearance of, is a detractor for many collectors. That wouldn't appeal to me, so I wouldn't even consider it and that's before researching the price. Based on some serious collectors here, it appears that it's overpriced.

    Sellers will sell for whatever they want, fair or not. It comes down to the buyer. What are they willing to pay? How fast do they need it? Will they overpay? Some will overpay if money is not a major factor in their life. Impulse buyers will overpay, because they have to have it. Folks who don't research a coin may overpay, because they just don't know.

    I like that you have a vision about what your coins will look like and how you would like to display them. A vision is not a plan. Make a plan. Then consider your timeline. Is there a rush? Is it real or artificial? Make a schedule. These may factor in on what you buy and how much you might have to pay. And if time is on your side, then you should be able to achieve your vision at a reasonable pace and at reasonable cost...assuming you do your research. Good luck.
     
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  16. charley

    charley Well-Known Member

    if you are building a judd collection, then i would support a buy decision.

    otherwise......the pros and cons in the end will give way to your personal choice and appreciation of the coin.

    don't make the decision for monetary reasons alone, though. especially don't do so without personally viewing the piece.
     
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  17. johnmilton

    johnmilton Well-Known Member

    Here is an 1862 regular issue Dollar in Proof. As you can see it is the No Motto type which is minted for many years as a business strike but for far fewer years as a Proof.

    1862 Dollar All.jpg

    Here is an angle shot which shows the Proof coin mirrors.

    1862 Dollar Ang All.jpg

    This coin is PCGS graded as a PR-64.
     
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  18. ilmcoins

    ilmcoins Well-Known Member

    Pass... its a $1500 coin unless you want to pay the extra for the toning.
     
  19. baseball21

    baseball21 Well-Known Member

    No it's not and sales posted in this very thread have already shown that
     
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  20. Gam3rBlake

    Gam3rBlake Well-Known Member

    This may sound dumb but what exactly is a “Judd” collection? What does “Judd” mean?

    Is it just PCGS slang for “copper pattern proof coin”?
     
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  21. Gam3rBlake

    Gam3rBlake Well-Known Member

    Thanks!

    Do you think maybe I’m misinterpreting something about it?

    I know it’s a copper pattern coin but does that have a big affect on value compared to say a silver regular proof coin? Like just a regular silver PF63 1862 Seated Half?

    Ive seen the old silver proofs sell for much more so maybe that’s why this price seems so low to me. But it is copper so idk if that is supposed to change things.
     
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