1836 50C REED EDGE

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Sold on Jun 6, 1997 for:

$24,150.00 Bid Source: Live: Floor bidder

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Very Rare Proof 1836 Reeded Edge Half

1836 PR 64 PCGS. This is a classic rarity in U.S. numismatics. It is also the key to the Reeded Edge series along with the branch mint proofs. This is one of the first proofs struck using the new steam presses installed at the Mint in 1836. These new presses allowed the use of a close collar and made the production of consistently higher quality coins a realistic goal. To quote Mint Director Robert Maskell Patterson, "this is struck in a close collar, which makes the edge of pieces thicker, and gives a mathematical equality to the diameters." Breen estimates a population of "at least 12 proofs" in his Complete Encyclopedia, and lists eight different examples in his 1977 work on proofs.
This is a splendid proof striking. The fields are very deeply mirrored, and almost imperceptibly hairlined. Each side shows streaks and spots of golden-brown and lilac toning. The outer margins of the coin are a bit darker in hue, but only slightly so. The striking details are unusually strong with finely detailed hair curls on Liberty and fully articulated plumage on the eagle. An extraordinary proof striking of one of the most numismatically desirable coins from the 19th century.

Coin Index Numbers: (NGC ID# 27SM, PCGS# 6223, GSID# 6217)

Metal: 90% Silver, 10% Cooper
Weight: 13.36 grams
ASW: 0.38658oz

View Certification Details from PCGS