My quick assessment of the Heritage auction of Capped Bust Halves

[MikeKing]

I haven't studied the lots, and wasn't able to watch all the bidding because ebay live didn't work, but overall I think it went well.

 

Of 109 lots, 18 went unsold, and most of those were in the MS64 range. I'm assuming because of ultra high reserves, but I'm not sure.

 

All the 1807's sold.

Of the 1808's, there was a gorgeously toned NGC65 that went for $11,500

and an NGC66* that went for a whopping $20,700 (a O-109a R3).

 

The 1809 XXX O-110 (R4) in XF45 went for $1092, and although I wasn't crazy about this coin, I think it went for a bargain price (lucky winner).

 

The 1815/2 NGC63, which looked like an amazing coin, didn't sell. I forget the reserve, but I think it was 25K, if anyone remembers, let me know.

 

And 1817 NGC66* went for $25,350 (an R2) which amazes me, considering the 1808 went for less.

 

An 1818 ICG 63 went for $3,355. It was an R4 and condition census for the variety. Amazing that it was in an ICG holder.

 

I won the 1810 that I bid on for just under $1500, which I think was a bit of a stretch but I loved the coin.

 

Well, that's it for now.

[WinstonWare]

Congrats on that 1810! Is there a picture of it somewhere?

[MikeKing]

It was lot 4352

[WinstonWare]

Wow that is a really pretty coin Mike! Very nice I don’t know why you had to make me go find it though

[MBA101]

That 1815 is in the buy now section....31K

[MBA101]

And I was watching that 1810...Actually thought about it myself...With that cracked slab, you going to re-holder?

 

And Congrats!

[MBA101]

And here is the linky

 

http://coins.heritageauctions.com/common/view_item.php?Sale_No=422&Lot_No=4352

[texasrichard]

Thanks for the recap and beautiful coin you picked up. Congrats.

[TomB]

The 1810 you won looks like a really nice coin. My take on the 1817 going for substantially more than the 1808 is that the 1808 was more obviously, and likely more recently, dipped than the 1817 and simply did not look right. In my opinion, the 1808 was overgraded.

[MikeKing]

The 1810 you won looks like a really nice coin. My take on the 1817 going for substantially more than the 1808 is that the 1808 was more obviously, and likely more recently, dipped than the 1817 and simply did not look right. In my opinion, the 1808 was overgraded.

 

Thanks everyone for the good words, it always helps to feel good with positive input.

 

And Yes, Tom, that 1808 was obviously dipped. I hadn't looked at the population report for both NGC and PCGS and the 1817 is more of a conditional rarity, besides the fact that it is so totally stupendous and the star designations appears to be well deserved.

 

Actually, there were some really nice high grade examples of Busties in this auction, way out of my reach for affordability, but great to look at nonetheless.

[MikeKing]

Lets see if this works:

[MikeKing]

[WinstonWare]

Yeah that 1808 was either dipped or minted last week

[rexcat]

Yeah that 1808 was either dipped or minted last week

 

Nope... Time Machine

 

 

Excellent pick up of a fantastic looking coin.

 

Well detailed stars like your coin has are a big point for me in the bust half I’m looking for my type set.

[comicAL]

Hi, MikeKing

 

Thank you for sharing your assessment of the Heritage auction of Capped Bust Halves. Also, congratulations on your winning 1810 Bustie, nice addition to your collection!

 

AAJ

[Hoot]

Nice coin, Mike! Thanks for the assessment. I thought that some of the prices attained in this auction were awfully high, and it looks like no series was immune.

 

Hoot

[MikeKing]

Wow that is a really pretty coin Mike! Very nice I don’t know why you had to make me go find it though

 

Because I thought you needed to earn your stripes!

 

But now I feel bad about it. Like I didn't treat you right or sumpin

 

And I was watching that 1810...Actually thought about it myself...With that cracked slab, you going to re-holder?

 

And Congrats!

 

I'll send it in for an regrade as soon as I get it!

 

 

[AU58WALKERS-migration]

Nice pick up, Mike.

[James_OldeTowne]

I struck out on the CBHs, but my bids were not strong, due to lack of funds right now.

[MarkFeld]

Here are a few I'm familiar with, based upon my sight-seen inspection and bids:

 

1814 ANACS MS61 (I graded it MS63 plus and paid $2185 for it):

 

 

1832 PCGS MS64 (I bid $3750 hammer for it on behalf of a client and it brought $4000 hammer):

 

 

1834 PCGS MS64 (I loved the coin and won it on behalf of a client at $4250 hammer):

 

[jom]

That 1814 is a nice one for an MS61. What did you grade it Mark?

 

jom

[MarkFeld]

That 1814 is a nice one for an MS61. What did you grade it Mark?

 

jom

If you had read my prior post carefully enough you would know how I graded it - check it again.

[MBA101]

Nice lot. That ANACS coin could be a steal, unless the graders at NGC/PCGS are having a bad day and disagree with you when you send it in...