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DrDarryl's Blog

31 Dec 2016

A Snapshot in My Numismatic Timeline: Drapped Bust Half Dollar

Coins | DrDarryl

The beauty of the Heraldic Eagle reverse design on the Drapped Bust half dollar (and affordability at the time) made me expand my collector interest. Back then I only specialized in Morgan dollars. I purchased this coin from Steve Ivy (now called Heritage Auctions) then sent it out to ANACS for certification.  I eventually sold this coin to further support my college education (for my first degree).

One of the things I did to protect my family was to document my coin collection. The ANACS certificate was easy to copy and I annotated my purchase information/comments on the copy.  Recently, I located an old copy of my collection. Note the date of the ANACS cerificate.

Four degrees later (AAS, BS, MS and PhD) and then some, I reminisce the beauty of this coin. I wonder who currently owns it. I paid a fraction of its current valuation ($2400) back in 1982.
 

Comments

Mike

Level 7

There not much you can say about that cherish it. And always enjoy it.

user_7180

Level 5

Always good advice to be prepared for the worst.

"SUN"

Level 5

Nice certificate, I have a couple in my collection.

Conan Barbarian

Level 5

that is pretty interesting. what do you mean by "One of the things I did to protect my family was to document my coin collection" what were you protecting your family from

DrDarryl

Level 4

You can say it was an exit strategy for my non-liquid investments upon my death.

DrDarryl

Level 4

My coin collection was a specialized investment. To protect my family's (wife and young son) financial well being in the situation of my demise, I provided specific instructions on how to properly dispose of my collection, documented periodic estimated fair market values, and the original purchase prices on the copy. Also, the copy was placed in a safe deposit box along with the coins/certificates. Not to put local coin shops in a bad light, I did not want my non-collector wife be taken advantage of due to her lack of coin collecting knowledge.

CoinLady

Level 6

That was a beauty. That brings back a memory too, of the certificates. I wonder if the cert could be a collector's item! I recall a lovely Draped Bust dime in a local coin shop with the cert. This was a few years before slabs. Thanks for sharing this!

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