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<p>[QUOTE="rld14, post: 1073665, member: 16133"]Morgans have been weak for quite a while, and on a wholesale basis generic dates in MS65 are still easily buyable for 20% back of CDN bid.</p><p><br /></p><p>Mid Grade Barbers are a whole different animal.. they get warm in Fine, red hot in VF, nuclear fission in XF and generally cool right down in AU. The market on these coins is also VERY fickle and, IMO, rather unstable.</p><p><br /></p><p>First, pretty much ANY VF-XF Barber Half is at least scarce, and that's for a "common" one like a 12-D, some are genuinely rare, much rarer than most people realize. Barber Halves were like the $10 or $20 bills of their day, they saw very heavy use in commerce, so once they entered circulation, they stayed there. I think that David Lawrence said that 95% of extant Barber Halves grade no better than VG and I tend to believe that.</p><p><br /></p><p>The problem with pricing them is that the published price guides, on numerous dates, have little, if any bearing on their actual market value. If they are "crusty" and have their original skin and are one of the TRULY rare dates, then they can bring as much as 3-4 times "Sheet" or "guide".</p><p><br /></p><p>Also, it's the PCGS slabbed ones that generally bring crazy money, not the NGC coins. On top of that, the coins generally have to be original and not messed with, and that brings the already small pool of VF-XF coins down quite a bit. A great many of them have been cleaned, dipped out, dipped out and artificially toned back, whizzed, etc and on top of that they're big coins so they often attract damage.</p><p><br /></p><p>And that's the trick, knowing which ones really are rare. If you just look in the Red Book, you'd think that the 13p, 14p and 15p are the rarest ones, they aren't. The 93-S, 05-O and then probably the 98-O are actually the toughest ones to find in truly original, problem-free VF-XF. The series is just flat-out full of "sleeper dates" like the 03-O, a coin which doesn't seem, per published guides, to be a rare coin. Now try and find an original-skin one.</p><p><br /></p><p>I was lucky to get a number of coins for my set due to the breakup of the Gettysburg set and my friend Mike Hayes selling off some duplicates, otherwise I'd still be trying to complete my set. I have the #5 I think everyman set on the PCGS registry.[/QUOTE]</p><p><br /></p>
[QUOTE="rld14, post: 1073665, member: 16133"]Morgans have been weak for quite a while, and on a wholesale basis generic dates in MS65 are still easily buyable for 20% back of CDN bid. Mid Grade Barbers are a whole different animal.. they get warm in Fine, red hot in VF, nuclear fission in XF and generally cool right down in AU. The market on these coins is also VERY fickle and, IMO, rather unstable. First, pretty much ANY VF-XF Barber Half is at least scarce, and that's for a "common" one like a 12-D, some are genuinely rare, much rarer than most people realize. Barber Halves were like the $10 or $20 bills of their day, they saw very heavy use in commerce, so once they entered circulation, they stayed there. I think that David Lawrence said that 95% of extant Barber Halves grade no better than VG and I tend to believe that. The problem with pricing them is that the published price guides, on numerous dates, have little, if any bearing on their actual market value. If they are "crusty" and have their original skin and are one of the TRULY rare dates, then they can bring as much as 3-4 times "Sheet" or "guide". Also, it's the PCGS slabbed ones that generally bring crazy money, not the NGC coins. On top of that, the coins generally have to be original and not messed with, and that brings the already small pool of VF-XF coins down quite a bit. A great many of them have been cleaned, dipped out, dipped out and artificially toned back, whizzed, etc and on top of that they're big coins so they often attract damage. And that's the trick, knowing which ones really are rare. If you just look in the Red Book, you'd think that the 13p, 14p and 15p are the rarest ones, they aren't. The 93-S, 05-O and then probably the 98-O are actually the toughest ones to find in truly original, problem-free VF-XF. The series is just flat-out full of "sleeper dates" like the 03-O, a coin which doesn't seem, per published guides, to be a rare coin. Now try and find an original-skin one. I was lucky to get a number of coins for my set due to the breakup of the Gettysburg set and my friend Mike Hayes selling off some duplicates, otherwise I'd still be trying to complete my set. I have the #5 I think everyman set on the PCGS registry.[/QUOTE]
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Rise of Barber Half Dollar Values / Fall of Morgan Dollar Values
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