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Lot
720

1846 50C Medium Date PR63 PCGS....

2008 May Long Beach, CA Signature Auction #1108

 
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Auction Ended On: May 28, 2008
Item Activity: 12 Internet/mail/phone bidders Number of Bidders
2,066 page views
Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Lot Viewing:
Room 103B,C (Tuesday Only)
Booth 400 (Wednesday - Saturday)

Auction Room:
Room 103B,C

Description:
Marvelous 1846 Select Proof Half Dollar
1846 50C Medium Date PR63 PCGS. While mintage figures for the 1846 proof half dollar were not reported, it is likely that no more than a dozen have survived to the present day. Randy Wiley and Bill Bugert, in their Seated Liberty half dollar reference, suggest less than 10 examples are known. Similarly, David Akers, cataloging the John Jay Pittman 1846 proof set (lot 1712) for the May 1998 sale, estimates that 10 to 12 specimens of the half dollar are extant. Interestingly, NGC/PCGS population data for this issue deviate significantly from estimates provided by the foregoing researchers, as the two services have seen a total of 21 1846 proof half dollars (4/2008). A number of these are undoubtedly resubmissions or crossovers, however.
The half dollar of this year displays two date sizes--Medium Date and Large Date. The two varieties are easily distinguished by inspection of the 4 in the date. The Medium Date 4 is connected between the lower serif of the crossbar and the base, whereas the Large Date 4 has a noticeable separation in this area. With one exception, all proof 1846 half dollars are apparently of the Medium Date variety. A proof Tall Date coin was recently sold at auction where it was described as "possibly unique."
A solid strike lends bold definition to the design elements of the present Select specimen. This includes complete separation of Liberty's sandal straps and foot, and fullness in her hair, the stars, and the eagle's plumage. A melange of sky-blue, orange-gold, and violet patina adorns both sides, with slightly deeper hues on the reverse. A few unobtrusive hairlines that only appear under high magnification are all that preclude the attainment of a higher grade. Housed in a green-label PCGS holder.
Ex: The Thomas S. Chalkley Collection (Superior Galleries, 1/1990), lot 3574.
From The Silbermünzen Collection.
(PCGS# 6390)

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