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<p>[QUOTE=&quot;totally, post: 2491068, member: 80371&quot;]Hi All!</p><p><br /></p><p>Thanks for bearing with my dumb questions. I promise this is the last one! (for now <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> ) I&#039;m just trying to understand - not annoy everyone with these questions.</p><p><br /></p><p>The facts: In the Dr. Rev. James G. K. McClure collection auction in June at Long Beach, a 1797 Half Graded G6 by NGC with a CAC sticker sold for $35,000 + 17.5% BP. It&#039;s the O101a variety - the more common of the them. This auction at ANA, a 1797 Half Graded F15 by PCGS with no cac sticker sold for $38,000 + 17.5 BP. It&#039;s the rarer O102 variety. (again, like with my previous question - I&#039;m not trying to start a PCGS vs NGC debate on these coins).</p><p><br /></p><p>The question: Any thoughts on how a G6 in the more common variety almost sold for as much as an F15 in the rarer variety? The difference is less than 10%. Should I be reading absolutely 0 into this comparison in understanding how this happens? One would expect the F15 to command a larger price. Did the G6 overpay? Did the F15 underpay? </p><p><br /></p><p>My (meh?) explanation: When people buy a coin like this, they are buying the coin and story behind the coin as opposed to the number on the holder. The NGC G6 is a solid looking coin for a G6 in an extremely rare type with a good (great? or meh?) provenance. The PCGS coin sold in 2011 and this is the first time in over 80 years the NGC has been offered for sale - it was previously unknown. They both look like honest coins.</p><p><br /></p><p>My other explanation is that the price of entry to own one of these coins is very high, perhaps the price between grades is less than some other types because people want one so badly for a type set? The type set collector who isn&#039;t made of money and wants one of these might have the same amount of interest in the G6 or the F15?</p><p><br /></p><p>Is the provenance in this case worth part of the difference in the grades of them?</p><p><br /></p><p>The coins: <a href="http://coins.ha.com/itm/early-half-dollars/half-dollars/1797-50c-o-101a-t-1-high-r4-good-6-ngc-cac-amato-unlisted/a/1236-4494.s?ic4=ListView-ShortDescription-071515" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/itm/early-half-dollars/half-dollars/1797-50c-o-101a-t-1-high-r4-good-6-ngc-cac-amato-unlisted/a/1236-4494.s?ic4=ListView-ShortDescription-071515" rel="nofollow">http://coins.ha.com/itm/early-half-dollars/half-dollars/1797-50c-o-101a-t-1-high-r4-good-6-ngc-cac-amato-unlisted/a/1236-4494.s?ic4=ListView-ShortDescription-071515</a></p><p><br /></p><p><a href="http://coins.ha.com/itm/early-half-dollars/1797-50c-o-102-t-2-low-r6-fine-15-pcgs-amato-511/a/1238-4078.s?ic2=mytracked-lotspage-lotlinks-12202013" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/itm/early-half-dollars/1797-50c-o-102-t-2-low-r6-fine-15-pcgs-amato-511/a/1238-4078.s?ic2=mytracked-lotspage-lotlinks-12202013" rel="nofollow">http://coins.ha.com/itm/early-half-dollars/1797-50c-o-102-t-2-low-r6-fine-15-pcgs-amato-511/a/1238-4078.s?ic2=mytracked-lotspage-lotlinks-12202013</a>[/QUOTE]</p><p><br /></p>

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