1839 50C Drapery MS65 PCGS. WB-102, High R.5. Ex: Eliasberg. In the Wiley-Bugert reference they state their belief that the...

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1839 Drapery Half Dollar, MS65, Ex: Winsor, Eliasberg

1839 50C Drapery MS65 PCGS. WB-102, High R.5. Ex: Eliasberg. In the Wiley-Bugert reference they state their belief that the With Drapery dies were created when "the rock was carved away from the master hub to balance the metal flow during coin striking from the addition of the drapery below the elbow." With Drapery halves are slightly more obtainable in all grades than their No Drapery counterparts, but such coins are still rare in mint condition. In Gem condition, these coins are virtually unknown, and this is one of only two MS65 coins certified by PCGS (3/07). The surfaces on this piece are especially attractive with only tiny, shallow abrasions evident with magnification. The mint luster is frosted and races around the surfaces unimpeded by the overlay of golden-gray patina that covers each side.
Ex: Richard B. Winsor Collection (S.H. and H. Chapman, 12/1895); Clapp Estate, 1942; Louis Eliasberg; Eliasberg Collection (Bowers and Merena, 5/1997), lot 1915.
From The Palakika Collection.(Registry values: N2998)

Coin Index Numbers: (NGC ID# 24GL, PCGS# 6232, GSID# 6252)

Metal: 90% Silver, 10% Copper
Weight: 13.36 grams
ASW: 0.38658oz
Mintage: 1,972,400

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