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Lot
33436

1807 50C Large Stars MS65 NGC. CAC. O-114, R.3....

2013 November 15 - 16 Selections from the Eric P. Newman Collection Part II Signature Auction - New York #1190

 
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Auction Ended On: Nov 15, 2013
Item Activity: 10 Internet/mail/phone bidders
736 page views
Location: Ukrainian Institute of America at The Fletcher-Sinclair Mansion
2 East 79th Street
New York, NY 10075

Description:
1807 Capped Bust Half Dollar, MS65
Large Stars Guide Book Variety
Tied for Finest Known O-114
1807 50C Large Stars MS65 NGC. CAC. O-114, R.3. Ex: "Col." E.H.R. Green. This coin is a stunning Gem, with brilliant silver centers surrounded by vivid rings of golden-brown and lavender toning. The remarkably well-preserved surfaces radiate vibrant mint luster throughout with few, if any, signs of handling or album storage. The strike is razor-sharp. An extensive network of die cracks is evident on the reverse and interesting clash marks are visible on both sides. Overall eye appeal is terrific. NGC has graded one other MS65, the Prouty Ex: Norweb and Pryor coin last offered in Superior's Hudson River Valley 3 sale, October 2000, lot 3273 where it brought a modest $24,150. That coin remains in the strong hands of the successful bidder. A PCGS MS65 1807 Large Stars was the super nova of our half dollar offerings in the Central States signature sale of April 2010. With a "look" comparable to the Newman coin it took $149,500 to bring it home! We will not be surprised to see a repeat of that bidding war when this piece comes to the floor.

The Mint began the year with a small mintage of Draped Bust dollars, before switching to the new design. A modest mintage of 750,500 Capped Bust half dollars was accomplished in the later part of the year, the second smallest business-strike total for the series. Only four different die varieties are known for the date and type, including the Large Stars O-114 variety represented by the present coin. The O-114 variety is easily recognized by the small die lumps below the 7 in the date and overlapping lower arrowheads on the reverse. The Large Stars variety is listed on page 194 of the 2014 Guide Book.
Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $10.00; Eric P. Newman Numismatic Education Society. (NGC ID# 24EN, PCGS# 6088)
Items being sold are from the extensive collection of Eric P. Newman Numismatic Education Society (a Missouri not-for-profit corporation) and have been assembled over a period of 90 years. Proceeds of the sale of all items will be used exclusively for supplementing the Society’s museum operations and scholarly numismatic research efforts and for the benefit of other not-for-profit institutions selected by Eric P. Newman Numismatic Education Society for public purposes.

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The Draped Bust Half Dollars of 1796-1797 by Jon Amato

The Draped Bust Half Dollars of 1796-1797 by Jon Amato is the culmination of more than 10 years of research into the Draped Bust Small Eagle half dollar series, one of the most coveted type coins in American numismatics and one about which remarkably little has been written.

This work will be the premier reference for 1796-1797 half dollars for years to come. Institutions having an extensive numismatic library or coin cabinet will find it a valuable complement to their holdings, and catalogers charged with writing up specimens for auction can now have an indispensable source of background and pedigree information. Likewise, coin dealers seeking to purchase one or more '96 or '97 half dollars for a client or for inventory, and collectors who own, have owned, or desire to own one will want this important reference work for their libraries.

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