1853-O H10C Arrows MS67 PCGS. CAC. V-2.. ...

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1853-O Arrows Half Dime, Vivid MS67
Tied for Finest Graded

1853-O H10C Arrows MS67 PCGS. CAC. V-2.
Both sides of this Superb Gem display highly attractive frosty luster with delightful toning. Bright rose, cobalt-blue, and ivory visit the obverse. The reverse is similar with considerable olive-green and reddish-gold mixed in. The design features are sharply struck throughout and each side has been well cared for. A small contact on Liberty's cheek will aid in pedigree identification.

Variety: V-2, attributed by the 1 in the date almost touching the base, the 3 low, small arrows high and distant from the numerals, a crack from the back of 3 to the rim, and a high, medium O mintmark.

Population Data (7/14): PCGS and NGC have certified 93 Uncirculated pieces, mainly through near-Gem. Two MS67 specimens, the finest known, have been graded, both by PCGS, and both have been endorsed by CAC.

Heritage Commentary: The Coinage Act of February 1853 authorized a reduction of the weight of silver coins from half dimes through half dollars, due to the price of silver having increased to the point that the melt value for these coins was higher than the face value, resulting from gold discoveries in California. This created a situation where silver coinage was hoarded and eventually melted. Once the 1853 Coinage Act was passed, silver coinage circulated freely. An arrow placed at each side of the date signified the weight change.

Consignor Commentary: The obverse die is lightly clashed in the left field. Natural toning gives the coin good eye appeal.

Provenance: Palm Beach Signature (Heritage, 11/2004), lot 6143.(Registry values: N1)

Coin Index Numbers: (NGC ID# 233Z, PCGS# 4357, Greysheet# 3817)

Weight: 1.24 grams

Metal: 90% Silver, 10% Copper

View Certification Details from PCGS