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Lot
2165

1916 50C Walking Liberty Half Dollar, Judd-1992, formerly Judd-1797, Pollock-2053, Low R.7, PR65 NGC....

2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114

 
Sold for: $115,000.00 (includes BP )
Bid Source: Live: Floor bidder
Auction Ended On: Jul 31, 2008
Item Activity: 6 Internet/mail/phone bidders
3,070 page views
Description:
Finest Known 1916 Walking Liberty Half Pattern, PR65
Judd-1992, Formerly Judd-1797
1916 50C Walking Liberty Half Dollar, Judd-1992, formerly Judd-1797, Pollock-2053, Low R.7, PR65 NGC. A significant 20th century pattern with LIBERTY (appearing as LiberTy) and IN GOD WE TRUST in large letters in the right obverse field. The reverse features an eagle that is a likeness of the final version of the Walking Liberty design, but there the similarity ends. Above the eagle are the legend UNITED STATES OF AMERICA and HALF DOLLAR, while E PLURIBUS UNUM appears beneath the branch on which the eagle is perched. Struck in silver with a reeded edge.
There are several different variations of 1916 Walking Liberty half dollar patterns known. The earlier issues and the eighth edition of the Judd reference listed six varieties, while Andrew Pollock included a seventh variant. Based on the pedigree research of Saul Teichman on his uspatterns.com website, only about 20 examples of all different varieties are currently known. Five of these are in the Smithsonian Institution, leaving a net available population of just 15 coins.
This particular pattern variety comprises eight of the extant specimens, two being impounded at the Smithsonian. It is widely believed to be the Morris Evans piece, sold by Bowers and Merena in August, 1998 as an uncertified (and moderately toned) PR64 where it sold for what seems now like the bargain price of $40,250. The surfaces here display a radiant gray-silver finish with innumerable die striations in the field. There are no abrasions or other notable disturbances to report on either side.
Collectors were essentially unaware of the prototype 1916 strikings until the late 1930s when one was described in the April 1937 issue of The Numismatist. In what is relatively recent research, Mint Director Robert Woolley discussed the new design in his annual report for the fiscal year ending June 1916: "The obverse of the half dollar bears a full length figure of Liberty with a background of the American flag flying to the breeze. The goddess is striding toward the dawn of a new day, carrying laurel and oak branches, symbolic of civic and military glory. The reverse shows an eagle perched high up on a mountain crag, wings unfolded. Growing from a rift in the rock is a sapling of mountain pine, symbolic of America."
For the pattern or advanced Walking Liberty specialist, this is an extremely important opportunity, as is any offering of a 1916 pattern coin, regardless of the denomination. Dave Bowers opined that: "...the Adolph A. Weinman designs for the 1916 'Mercury' dime and the 1916 Liberty Walking half dollar were made to illustrate general concepts rather than as a proposal for a completely finished design." Of course, this only adds to the fascination and the mystique behind these rare pieces. The specimen offered here is quite possibly the finest available of any 1916 half dollar pattern and should generate unprecedented interest. (#62290)

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Guides and Pricing Information:

Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 376, Lot 7457 Friday, June 3, 2005 65 NGC $113,000.00
View prices realized from this item in other grades (you must be signed in)
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.
Price Guide*
Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
64 --- --- --- --- --- $100,000 $105,000
65 --- --- --- --- --- $125,000 ---
66 --- --- --- --- --- --- ---
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.
Population Guide
Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 0  
NGC 65 0 0 0 -
CAC - - - 0 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.
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Photographs:


Patterns, 1916 50C Walking Liberty Half Dollar, Judd-1992, formerly
Judd-1797, Pollock-2053, Low R.7, PR65 NGC....


Patterns, 1916 50C Walking Liberty Half Dollar, Judd-1992, formerly
Judd-1797, Pollock-2053, Low R.7, PR65 NGC....


Patterns, 1916 50C Walking Liberty Half Dollar, Judd-1992, formerly
Judd-1797, Pollock-2053, Low R.7, PR65 NGC....


Patterns, 1916 50C Walking Liberty Half Dollar, Judd-1992, formerly
Judd-1797, Pollock-2053, Low R.7, PR65 NGC....

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