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<p>[QUOTE=&quot;Publius2, post: 26808378, member: 105571&quot;]About that 1832 LM-10.3 half dime in my previous post and referring to a different post that was about how to know and value coins with adjudged rarities.</p><p><br /></p><p>I had suggested to the OP in that post that sometimes you have to take a deep dive into the series in order to find out what the rarity and value of these coins are.</p><p><br /></p><p><a href="https://www.cointalk.com/threads/question-on-survival-estimates-and-those-r-numbers.421260/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/question-on-survival-estimates-and-those-r-numbers.421260/">https://www.cointalk.com/threads/question-on-survival-estimates-and-those-r-numbers.421260/</a></p><p><br /></p><p>If one had just looked up the value of a generic 1832 VF-20 half dime in the price guides you would have gotten:</p><p><br /></p><p>PCGS $150</p><p>Greysheet $111</p><p>Red Book Quarterly $145</p><p><br /></p><p>This coin hammered to me in the GC auction for $536 which was, in my judgement, about the right price in a market with informed buyers.&nbsp; What&#039;s the cause of this apparent value difference?&nbsp; It&#039;s the difference between a common coin (R-1) and a truly rare coin (R-6, 13-30 known).&nbsp; The only thing that kept this coin&#039;s price down was two factors:&nbsp; The first is that the Capped Bust half dime collector community is not very large and the second is that many collectors of this series, especially the Registry Set collectors, prefer a higher-grade specimen.</p><p><br /></p><p>Now, since GC unlike Stacks and Heritage, does not provide any information on the specific coin at auction, it is solely up to the buyer to know what&#039;s on offer which provides opportunities for buyers and a problem for sellers of rare and esoteric issues.</p><p><br /></p><p>Sorry about the long post - just dumping several thoughts that have been accumulating for a while.[/QUOTE]</p><p><br /></p>

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