1836 Reeded Edge PCGS AU58 $10,500-APR 1200-Minted RARE KEY 50c Bust Half Dollar

Description: $11,750 auction price realized (APR) for mere AU55+ in 7/22 (click the third image), proof that this undervalued key date is undervalued in the price sheets and can thus skyrocket at auction. $10,500 APR for another AU58 in March 2024 (fourth image). One of the very few 1836 RE's in "problem free" PCGS slabs that is truly free of doctoring and other problems. PQ for the issue. These are increasing in the price sheets, so do not expect to buy one at the old prices. Very few and light marks for AU58; boldly struck; pleasing color/brightness for a non-doctored AU58. Just 1,200 minted according to official mint records. Population just 31 with merely 31 finer, and some of those few are resubmissions or crossovers of the same coins. Virtually free of actual wear. Easily MS65 by third-tier slab and raw standards, even finer after the usual doctoring. Stick with NGC and PCGS; ignore excuses from third-tier sellers. Superb Gem BU by vintage mail-order standards! Many tallied in the population reports are resubmissions or crossovers of the same coins. Even so, population just 31 with merely 31 finer! Contemporary collectors saved these yet the PCGS population is just 407 in all grades combined (and some of these few are duplications), which bolsters the Mint-reported 1,200 mintage. Breen believed the 1,200 reportedly delivered were this issue. Some experts consider a pattern. Free of the usual problems that plague this Superkey even in "problem free" slabs, such as environmental damage, corrosion, cleaning, rim nicks and other marks, hairlines, and fake toning. A smooth, non-doctored AU58 like this offers by far the best combination of quality and price. The next realistically available grade is MS61 (the most recent APR is $14,400 for a mere NGC in 2019). The MS60 population is one at PCGS/NGC but it has never appeared at auction. Prestigious PCGS certification seals the deal. Dealers and PCGS heavily market BILLION-mintage modern coins, which creates artificial demand, grossly inflated prices, and GIGANTIC profits. But they ignore this 1,200-mintage key because it is far too rare to promote and from which to profit, so demand and thus prices stay absurdly low. Seriously, $10,500 PCGS Price Guide for a 5.4 BILLION-mintage 1975 penny in two grades below MS70? And $10,000 for a "rare" 4.5 BILLION-mintage 1975-D cent in the same imperfect grade? We would not pay $5 for either. But CDN Ask is just $8,120 for this 1,200-mintage key? Most modern coins can be bought at or near face value, melt value, or Mint-issue price; placed in a $4 plastic slab (PCGS bulk rate); and sold for hundreds or even thousands of dollars. But try doing that with with this 1,200-mintage key. We only deal in truly rare coins, not fabricated illusions designed to make coin dealers rich. . Member of prestigious CDN Exchange (aka Greysheet aka Coinplex) since 2011 and one of its top five bidders in dollar volume. Fewer than 300 members worldwide. Click our username to see our other credentials at the top of our homepage. ▶NOTE: Five day return privilege.

Price: 8500 USD

Location: Philadelphia, Pennsylvania

End Time: 2024-09-06T22:25:40.000Z

Shipping Cost: 0 USD