The height of summertime is typically slow for the rare coin market
as dealers take a well-deserved break in July and prepare for the American Numismatic Association World’s Fair of
Money in early August.
Online auctions keep things moving, however, and with weekly
auctions by GreatCollections, along with online auction offerings from
several firms including Stack’s Bowers Galleries, Legend Rare Coin
Galleries, David Lawrence and Heritage, collectors are never too far
from buying opportunities.
Here is one of three coins sold in recent online auctions that we're
profiling in this week's Market Analysis:
1900 Barber half dollar, Proof 66+ Cameo, CAC
Right now many Seated Liberty and Barber type Proof coins are
trading at relatively low price levels when compared with the past few
years. At Legend’s July 19 online auction, the firm sold a 1900 Barber
half dollar graded Proof 66+ Cameo with a green Certified Acceptance
Corp. sticker for $4,840. The auction firm hoped that it would surpass
the $4,935 that a different example brought last year, but that was
not in the cards.
What is the value of your Barber half dollar? Coin Values tells you.
Q. David Bowers wrote in his book The History of United States
Coinage as Illustrated by the Garrett Collection: “A survey in
1900 showed that there were 21 full-time and part-time rare coin
dealers in the United States. There were several thousand serious
collectors, many of whom ordered Proof coins from the Mint each year.”
In total, 918 Proof sets were sold in 1900, and over time, many Proof
coins have been mishandled, making pristine survivors scarce to rare.
The offered coin had attractive toning consistent with coins that were
stored for decades in paper holders.
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Keep reading this
summer online auction Market Analysis: