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Lot
5079

1856 H10C PR66 NGC....

2012 August 2-5 US Coins Signature Auction- Philadelphia #1173

 
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Auction Ended On: Aug 3, 2012
Item Activity: 4 Internet/mail/phone bidders Number of Bidders
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Location: Sheraton Philadelphia Downtown Hotel
201 North 17th Street
Philadelphia, PA 19103

Description:
1856 PR66 Half Dime
Rare Early Proof, Ex: Pittman
1856 H10C PR66 NGC. Ex: Pittman. The 1856 proof half dime is a rare issue from an unrecorded but undoubtedly small mintage. David Akers estimates only 30-35 examples are extant today in all grades, and the date is very rare at the Premium Gem level. This is only the third time Heritage has been privileged to handle an 1856 half dime in PR66. The spectacular Premium Gem offered in lot 1793 of the Milwaukee ANA Auction (Heritage, 8/2007) realized $17,250.
The present coin claims an illustrious pedigree to the famous John Jay Pittman Collection. Pittman was widely known for the high quality of his coins, and this example more than lives up to his standards. Delicate champagne toning on the obverse and light heather toning on the reverse fail to subdue the brilliant mirrored finish and distinct cameo contrast of this Premium Gem. The obverse has reddish splashes that provide additional character. Both sides feature a strong strike that only shows weakness along the obverse border, with a few tiny planchet flakes on otherwise pristine surfaces. Census: 5 in 66, 0 finer (6/12).
Ex: Paul Seitz, purchased by John Jay Pittman on 7/1/1947 for $15; John Jay Pittman Collection (David Akers, 10/1997), lot 504.(Registry values: P2) (NGC ID# 235L, PCGS# 4434)

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