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Lot
1238

1794 50C XF40 NGC....

2009 February Long Beach, CA Signature US Coin Auction #1122

 
Sold for: Not Sold
Auction Ended On: Feb 5, 2009
Item Activity: 6 Internet/mail/phone bidders
1,256 page views

Description:

Essential First-Year Type Coin, 1794 O-101a Half, XF40

1794 50C XF40 NGC. O-101a, R.4. Star 1 pierces the center of the lowest hair curl, and a point of star 2 is close to curl 2. A point of star 15 touches the lower bust near the truncation. On the reverse there are 21 berries, 10 left, 11 right--the only such reverse.
The earlier die state shows a die crack from the edge through the pair of leaves below the first S in STATES; in this later die state, the crack turns upward sharply, just missing the outer berry and crossing the single leaf and the last S in STATES.
Both the early and late states of the O-101 die pairing are classified as R.4, but such a rarity ranking somewhat misses the point of just how in-demand are the 1794 half dollars as a first-year type--and, for that matter, the 1794 silver dollars are, much more so. Of course the 1794 silver dollars are many times rarer, due to their much lower mintage of 1,758 pieces, compared to a recorded mintage of 23,464 half dollars. But of all 11 1794 half dollar varieties, the R.4 O-101 is the only one that is "merely" very scarce, as the remaining pairings are all rare--most of them very rare to unique.
The gunmetal-gray surfaces of this piece offer pale reddish accents over the high points, and while the coin has of course seen moderate wear, there are no marks of any singular import.
Sooner or later, advanced collectors tire of having their various collections missing the key dates, or type assemblages that lack the true blockbuster coins that distinguish a "great" collection and a merely "good" one. Many of them turn to the first-year-of-type issues essential for the formation of such a memorable set. Undoubtedly the best-known first-year type collection was formed by Jimmy Hayes. As the most available Overton die pairing of this first-year type, the present coin is one of those essentials.(Registry values: N7079) (#6051)

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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1156, Lot 3592 Sunday, June 5, 2011 40 NGC $27,600.00
Auction 328, Lot 7329 Tuesday, July 29, 2003 40 NGC $14,375.00
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+
35 --- $34,448 $27,558 $25,503 $25,503 $31,500 ---
40 $40,000 $39,690 $31,750 $29,500 $29,500 $41,000 ---
45 $45,000 $48,769 $39,013 $35,975 $35,975 $45,000 $53,000
*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 23,464 Robert Scot
NGC 40 16 35 294 -
CAC 40 1 4 27 -
*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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Early Half Dollars, 1794 50C XF40 NGC....

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