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1795 50C 2 Leaves MS64 NGC....
Lot: 526,
Auction: 2008 February Long Beach, CA Signature Coin Auction #460
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| Sold for: |
$126,500.00
(includes BP
 )
Bid Source: Internet |
| Ended: | Feb 13, 2008 |
| Item Activity: |
10 Internet/mail bidders
1,304 page views |
Description:
Blundered Die 1795 O-113 Half, MS64
Probably Finest Known, Ex: Eliasberg
1795 50C 2 Leaves MS64 NGC. O-113a, R.3. E over A in STATES. The obverse die is immediately recognized by the heavy die chip between the 5 and final star, and the blundered reverse die is quickly recognized by the engraving error with the A in STATES punched over the E. Who knows what the engraver may have been thinking when he produced this die. Perhaps he thought he was already up to the second T in STATES, and grabbed the E punch by mistake. Most likely, it was a simple mistake that he punched an E instead of an A. Remember that the engraver had to work in reverse, on an extremely small surface, with hand tools rather than the various hubs that are used today. Most likely he punched the final S at the top of the die first, then added he adjacent letter, one at a time, until he had completed the legend.The obverse is cracked through the tops of LIBERTY. Actually, there are three different die cracks: (1) through the tops of LIB, (2) through the tops of ER, and (3), through the tops of TY. Cracks 2 and 3 join between R and T. A heavy die chip is positioned between the 5 and star 15, below the bust tip, with additional cracks or die flaws through the last four stars on the right. Light clash marks are evident in the obverse fields. The reverse has light die rust and faint clash marks, but no evidence of die cracks.
This is the Eliasberg specimen, considered the finest known 1795 O-113 half dollar, of either the early or late die state. Only two or three Mint State examples of the variety are known. Faint champagne toning over brilliant and frosty silver surfaces. Peripheral obverse and reverse rim disturbances are from the edge lettering process and are strictly as made. Considerable central obverse and reverse weakness is evident, with stronger peripheral details. In the Eliasberg catalog, this writer wrote: "Brilliant and highly lustrous with just a whisper of delicate golden toning. An extremely pleasing coin from a visual aspect. This coin could not have appeared much different during the era in which it was struck!" Today, more than a decade after the Eliasberg catalog was written, the coin remains virtually unchanged, and still looks little different from its appearance over 200 years ago.
From The Southwest Collection.(Registry values: N10218) (#6052)
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Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1124, Lot 2386 | Sunday, May 3, 2009 | 64 | NGC | $86,250.00 |
| Auction 414, Lot 5218 | Monday, August 14, 2006 | 64 | NGC | $103,500.00 |
| View prices realized from this item in other grades (you must be signed in) | ||||
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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.
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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.
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BP - Buyer's Premium
A "Buyer's Premium" is charged in addition to the successful bid according to the rate defined in our terms and conditions.Price Guide*
| Grade | Coin World (Coin Values) |
Numismedia Retail |
Numismedia Wholesale |
Numismedia NGC (nmn) |
Numismedia PCGS (nmp) |
PCGS Price Guide |
||
|---|---|---|---|---|---|---|---|---|
| 63 | $125,000 | $95,630 | $76,500 | $70,000 | $70,000 | $120,000 | ||
| 64 | --- | $212,500 | $170,000 | $150,000 | $155,000 | $175,000 | ||
| 65 | --- | $556,250 | $445,000 | $420,000 | $425,000 | $275,000 | ||
| *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 | 64 | 4* | 2* | 1,296 | 299,680 | Robert Scot |
| NGC | 64 | 5 | 4 | 801 | ||
| *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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