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Lot
897

1841-O 50C MS66 NGC....

2008 October Dallas, TX Signature US Coin Auction #1117

 
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Auction Ended On: Oct 23, 2008
Item Activity: 4 Internet/mail/phone bidders Number of Bidders
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Location:

Heritage Auctions
3500 Maple Avenue
Dallas, TX 75219

Description:
Spectacular Premium Gem 1841-O Half
1841-O 50C MS66 NGC. WB-101, Large O Mintmark. Production of half dollars was healthy at New Orleans in 1841, with just over 400,000 pieces struck. This number is higher than Philadelphia's output in the same year, an indication of the thriving demand for coinage in the bustling Southern port city. The same high demand that led to the creation of so many halves, however, also caused the vast majority of them to disappear into circulation channels, and most of the survivors known today exhibit substantial wear. Only a handful of high-end Mint State pieces are available to 21st century collectors.
Like Charlotte and Dahlonega, the New Orleans Mint also experienced production difficulties early in its existence. Dies were used until they cracked dramatically, and various striking issues abound. Wiley and Bugert cite examples with iron fragments struck into their surfaces, and while the present piece shows none of those, it does exhibit a degree of the striking softness that affects the high points of virtually all survivors.
The collector's eye, however, is unlikely to linger on the soft detail; rather, it is drawn to the flashy luster, which shines through a blend of blue-green, mint, gold, and rose shadings. Overall eye appeal is magnificent, and even examination under a glass reveals only a handful of trivial faults. For the connoisseur of early branch mint silver, this beauty is unsurpassed. It is one of just two MS66 pieces in the combined certified population, both graded by NGC, with none numerically finer at either service (9/08).(Registry values: N1) (NGC ID# 24GS, PCGS# 6237)

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The Draped Bust Half Dollars of 1796-1797 by Jon Amato

The Draped Bust Half Dollars of 1796-1797 by Jon Amato is the culmination of more than 10 years of research into the Draped Bust Small Eagle half dollar series, one of the most coveted type coins in American numismatics and one about which remarkably little has been written.

This work will be the premier reference for 1796-1797 half dollars for years to come. Institutions having an extensive numismatic library or coin cabinet will find it a valuable complement to their holdings, and catalogers charged with writing up specimens for auction can now have an indispensable source of background and pedigree information. Likewise, coin dealers seeking to purchase one or more '96 or '97 half dollars for a client or for inventory, and collectors who own, have owned, or desire to own one will want this important reference work for their libraries.

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