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<p>[QUOTE="lordmarcovan, post: 25905308, member: 10461"]Key dates are, obviously, the toughest and most expensive dates in a particular series.</p><p><br /></p><p>A <i>semi</i>-key date is one that’s definitely rarer and/or more valuable than the common dates, but not necessarily at the top of the list of rarities for that particular series.</p><p><br /></p><p>In some series you might have maybe one or two key dates at the very top rung in terms of value, then behind those, two or three or however many <i>semi</i>-keys, and then all the rest.</p><p><br /></p><p>The terminology is rather loose, and eBay sellers abuse the heck out of it, often even referring to <i>common</i> dates as semi-keys. This is not the case. A semi-key must clearly rise above the rest in terms of value.</p><p><br /></p><p>Case in point: [USER=73995]@Pickin and Grinin[/USER]'s 1944 Walking Liberty half is a common date. In MS65, according to Numismedia, it is <a href="https://www.numismedia.com/rarecoinprices/cgi/coinprice.cgi?script=wlkhlv&searchtype=any&searchtext=fmv&search=any&nmcode=15015400&guide=prices&guide2=pricesms&proof=&plus=" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.numismedia.com/rarecoinprices/cgi/coinprice.cgi?script=wlkhlv&searchtype=any&searchtext=fmv&search=any&nmcode=15015400&guide=prices&guide2=pricesms&proof=&plus=" rel="nofollow">a $119 coin</a>.</p><p><br /></p><p>In MS65, also according to Numismedia, my 1938-D, a semi-key date, is worth <a href="https://www.numismedia.com/rarecoinprices/cgi/coinprice.cgi?script=wlkhlv&searchtype=any&searchtext=fmv&search=any&nmcode=15013900&guide=prices&guide2=pricesms&proof=&plus=" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.numismedia.com/rarecoinprices/cgi/coinprice.cgi?script=wlkhlv&searchtype=any&searchtext=fmv&search=any&nmcode=15013900&guide=prices&guide2=pricesms&proof=&plus=" rel="nofollow">$1,280</a>. (PCGS says <a href="https://www.pcgs.com/cert/45620755" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/cert/45620755" rel="nofollow">$1,600</a>. I actually have $1,500 in it.) That's because of its basic scarcity due to the lower mintage. But it is not especially rare in Mint State. There are some earlier Walking Liberty halves that are common in lower grades but worth even more than my coin in MS65 because of their rarity in Mint State. (Those are <i>condition</i> rarities.)[/QUOTE]</p><p><br /></p>
[QUOTE="lordmarcovan, post: 25905308, member: 10461"]Key dates are, obviously, the toughest and most expensive dates in a particular series. A [I]semi[/I]-key date is one that’s definitely rarer and/or more valuable than the common dates, but not necessarily at the top of the list of rarities for that particular series. In some series you might have maybe one or two key dates at the very top rung in terms of value, then behind those, two or three or however many [I]semi[/I]-keys, and then all the rest. The terminology is rather loose, and eBay sellers abuse the heck out of it, often even referring to [I]common[/I] dates as semi-keys. This is not the case. A semi-key must clearly rise above the rest in terms of value. Case in point: [USER=73995]@Pickin and Grinin[/USER]'s 1944 Walking Liberty half is a common date. In MS65, according to Numismedia, it is [URL='https://www.numismedia.com/rarecoinprices/cgi/coinprice.cgi?script=wlkhlv&searchtype=any&searchtext=fmv&search=any&nmcode=15015400&guide=prices&guide2=pricesms&proof=&plus=']a $119 coin[/URL]. In MS65, also according to Numismedia, my 1938-D, a semi-key date, is worth [URL='https://www.numismedia.com/rarecoinprices/cgi/coinprice.cgi?script=wlkhlv&searchtype=any&searchtext=fmv&search=any&nmcode=15013900&guide=prices&guide2=pricesms&proof=&plus=']$1,280[/URL]. (PCGS says [URL='https://www.pcgs.com/cert/45620755']$1,600[/URL]. I actually have $1,500 in it.) That's because of its basic scarcity due to the lower mintage. But it is not especially rare in Mint State. There are some earlier Walking Liberty halves that are common in lower grades but worth even more than my coin in MS65 because of their rarity in Mint State. (Those are [I]condition[/I] rarities.)[/QUOTE]
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