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1855 H10C Arrows PR66 NGC....

Lot: 2394, Auction: 2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104

Sold for: $20,700.00 (includes BP )
Bid Source: HA.com/Live
Ended: Apr 16, 2008
Item Activity: 4 Internet/mail bidders
679 page views

Description:

Beautifully Toned 1855 Arrows PR66 Half Dime
One of the Finest Known

1855 H10C Arrows PR66 NGC. Ex: P. Kaufman. There is no official or recorded mintage for the 1855 Arrows proof half dime. Indeed, Al Blythe (1992) says that proofs are "unverified." Most previous auction catalogers, however, believe that about 20 pieces were struck, and that about 15 have survived to the present day. David Akers (1997), on the other hand, estimates 50 to 60 were struck for inclusion in 1855 proof sets, with perhaps 25 to 30 coins known today. Based on the approximately 40 1855 Arrows half dime appearances over the past 15 or so years that we are aware of (several of which are "reappearances"), along with the 26 pieces certified by NGC and PCGS (likely inflated by resubmissions), we believe that about 15-20 examples are extant.
Regardless of which figures may be correct, the Kaufman 1855 Arrows proof half dime is one of the three or four finest known. Current NGC/PCGS population figures show seven PR66 coins, and none finer, some likely resubmissions.
The following roster is based on the auction appearances with plates clear enough to match:

1. PR66 NGC. The Kaufman coin. According to Phil Kaufman's notes, this may be the Eliasberg coin (Bowers and Merena, 5/1996), lot 995.
2. PR66 PCGS. Floyd T. Starr Collection (Stack's, 10/1992), lot 334; Baltimore '93 Auction (Superior, 7/1993), lot 155; Long Beach Sale (Heritage, 2/2005), lot 6157; Rarities Sale (Bowers and Merena, 7/2005), lot 369; Ira and Larry Goldberg (9/2005), lot 1609.
3. PR65 NGC. New York ANA (Superior, 8/2002), lot 715.
4. PR64 PCGS. Pre-Long Beach Sale (Ira and Larry Goldberg, 6/2002), lot 2079.
5. PR64 PCGS. Thomas Sebring Collection (American Numismatic Rarities, 1/2004), lot 1357.
6. PR64 NGC. Richmond Sale III (David Lawrence Rare Coins, 3/2005), lot 1092.
7. PR63 Numistrust. Pre-Long Beach (Superior, 9/2004), lot 1936. Catalogers say: "It is difficult to know 100% (if a proof) but the possibility exists in this case."
8. PR62 PCGS. Heritage (6/2005), lot 5340.
9. PR62 PCGS. Stack's (11/2006), lot 30.

Additional Citations
A. PR66 NGC. Rarities Sale (Bowers and Merena, 7/2005), lot 370.
B. PR66 NGC. Pre-Long Beach (Superior, 2/2006), lot 459.
C. PR65 NGC. Pre-Long Beach (Superior, 10/2001), lot 1743.

Beautiful toning manifests itself in mixtures of cobalt-blue and reddish-gold splashed with whispers of lilac over both sides of this wonderful example from the Kaufman Collection. An attentive strike brings out crisp definition on the design features, leaving no elements with the slightest hint of weakness. The only pedigree identifier we can locate on the impeccably preserved surfaces is a faint linear mark from the left diagonal of the M in DIME that extends above the right upright of the same letter.
From The Phil Kaufman Collection of Early Seated Proof Sets, Part Three.(Registry values: P3) (#4433)

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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1124, Lot 2199 Sunday, May 3, 2009 66 NGC $14,950.00
Auction 1124, Lot 2201 Sunday, May 3, 2009 66 NGC $20,700.00
Auction 1128, Lot 1064 Sunday, August 2, 2009 66 PCGS $18,400.00
Auction 1124, Lot 2200 Sunday, May 3, 2009 66 PCGS $16,100.00
Auction 366, Lot 6157 Saturday, February 26, 2005 66 PCGS $14,375.00
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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
65 $17,500 $16,560 $13,250 $12,000 $12,250 $16,000
66 $22,500 $22,190 $17,750 $15,750 $16,250 $24,000
67 --- --- --- --- --- ---
*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 66 1* 0* 10 0 Christian Gobrecht
NGC 66 7 0 16
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auction Galleries.

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