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Lot
5653

1898-S 50C MS66 PCGS....

2013 August 8 - 10 US Coins Signature Auction - Rosemont #1188

 
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Auction Ended On: Aug 9, 2013
Item Activity: 9 Internet/mail/phone bidders
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Location: Hyatt Rosemont
6350 N. River Road
Rosemont, IL
60018
Description:
1898-S Half Dollar, MS66
Ex: Norweb, Price, Hugon
1898-S 50C MS66 PCGS. Ex: Price. The 1898-S is the first of the three "Philippine Hoard" dates -- coins that were sent by the U.S. government to the islands immediately after the Spanish-American War. Most of those coins were circulated, and the ones that remain today are generally XF-AU and often cleaned. Like the previous year's production, branch mint issues are exceedingly scarce in Mint Condition. This piece today remains among the few finest known, as it was when we last offered it in the marvelous Hugon Collection.

That fact was also recognized by David Akers when he cataloged this coin as part of Thaine Price's Collection: "... this is a very underrated issue, especially in the Gem condition of this piece. Only a few such coins exist, probably no more than 12-15 total, and condition-wise, this particular piece certainly ranks at or near the very top of the list of the finest 1898-S Barber Half Dollars in existence."

The strike details are remarkably strong on each side, and the mint luster is frosted; just the slightest hint of golden toning appears on each side. Magnification reveals a few shallow roller marks on Liberty's cheek, but they are invisible to the unaided eye, "as made," and common to 1898-S halves. Population: 5 in 66 (1 in 66+), 0 finer (6/13).
Ex: Norweb III (Bowers and Merena, 11/1988), lot 3616; Thaine Price Collection (Akers, 5/1998), lot 144; John C. Hugon Collection /Fort Lauderdale FUN Signature (Heritage, 1/2005), lot 4219.
From The Owen Collection, Part I.(Registry values: N7079) (NGC ID# 24M5, PCGS# 6482)

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