Opening Bid :
Current Bid:
Reserve Amount:

Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %s.
(%s w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %s has been outbid.

Your secret maximum bid of %s does not meet the reserve.

You have been outbid on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
852

1853-O H10C No Arrows MS64 PCGS. CAC....

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

 
Sold for: $23,000.00 (includes BP )
Bid Source: Live: Phone bidder
Auction Ended On: Feb 5, 2009
Item Activity: 15 Internet/mail/phone bidders
1,490 page views
Description:
1853-O No Arrows Half Dime, MS64
Rare in Mint State
1853-O H10C No Arrows MS64 PCGS. CAC. The changing price relationships of gold, silver, and paper currency in the 1850s are almost the exact opposite of those of the 1870s. In the 1850s the vast quantities of gold flowing from "El Dorado," the fabled gilded lands of California, created an oversupply and forced down the price of gold. The net effect was the same as an increase in silver's value, as reckoned in gold dollars or paper currency. The silver content of circulating coins exceeded their face value, requiring a reduction in silver content. In the 1870s, on the other hand, the price of silver fell as measured against other currencies, requiring an increase in the silver content of circulating coinage.
The silver minor coins of the early 1850s are much rarer than their original mintages might imply, simply because most were melted for their bullion content. In 1853 the Arrows and Rays design denoted a reduced silver content that made it unprofitable to melt those pieces.
The 1853-O No Arrows half dime is today an extremely difficult issue to find in high grades, and no more than a handful of examples are known in Mint State. The date is almost always quite weak on this issue, especially the 18, and the mintmark is a Large O that tilts slightly to the left. Many specimens show softness on the head and shield, but not on this piece. The head of Liberty and the shield are sharply detailed. Only the peripheral stars and the leaves in the reverse wreath show any softness. In MS64 this piece is one of four so graded at PCGS, and there is one finer (12/08). NGC has certified a lone MS64, with none finer.(Registry values: N4719) (#4352)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
No previous prices realized recorded for this item in this grade.
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+
63 $17,500 $18,130 $14,500 $13,000 $13,250 $19,500 $21,600
64 $25,000 $25,630 $20,500 $18,500 $18,750 $30,000 $33,600
65 --- --- --- --- --- $48,000 ---
*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 160,000 Christian Gobrecht
NGC 64 1 0 27 -
CAC 64 2 0 3 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.
Find Auction Prices for Comparable Items:

Photographs:


Seated Half Dimes, 1853-O H10C No Arrows MS64 PCGS. CAC....


Seated Half Dimes, 1853-O H10C No Arrows MS64 PCGS. CAC....


Seated Half Dimes, 1853-O H10C No Arrows MS64 PCGS. CAC....


Seated Half Dimes, 1853-O H10C No Arrows MS64 PCGS. CAC....

Floor Auctions: Live & Coming Soon

Fine Art

05/22/2012

Fine Art

05/22/2012

Entertainment

05/29/2012

US Coins

05/31/2012

Historical

06/10/2012

Decorative Art

06/13/2012

Decorative Art

06/14/2012

Fine & Rare Wine

06/14/2012

Musical Instruments

06/16/2012

Illustration Art

06/27/2012

US Coins

07/12/2012

Heritage Membership

736,730 bidder-members
$821,588,529 sold in the last year

 

Quality Consignments Wanted

Consign to the 2012 September Signature World & Ancient Coin Auction - Long Beach.

 

E-mail Sam Foose or call
1-800-872-6467 x1227

We expect to have one of our Consignment Directors visiting your area soon. Please call to arrange an appointment.

Video Video: Why Consign?

Testimonials:
The whole staff at Heritage made the difficult process of selling my husband's treasured collection much less painful through their understanding.
S.J. ,
Clarksburg, WV

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

 

In The News

Hall of Fame