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2899

1809 50C III Edge AU53 PCGS....

2010 April-May Milwaukee, WI CSNS US Coin Auction #1139

 
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Auction Ended On: Apr 30, 2010
Item Activity: 9 Internet/mail/phone bidders
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Location:

The Midwest Airlines Center
400 West Wisconsin Avenue
Milwaukee, WI 53203

Description:
Breen's Proof 1809 O-109 Half Dollar, AU53
1809 50C III Edge AU53 PCGS. O-109, R.3. The obverse has a slight gap between the top of the fore curl and the headband, as on O-108. The stem on the reverse is over the inside left curve of the C.
Both dies are virtually perfect with no die cracks or other defects, and no evidence of lapping. A single faint clash mark is visible beneath the right wing. The obverse is an earlier state than O-108, confirming that this variety was struck before O-108.
A delightful half dollar with fully prooflike surfaces on both sides. The junction between the fields and devices is always crisp, as expected on early proof coins. The strike is bold, although weakness appears on the eagle's claws and elsewhere. Both sides have splendid light to medium gold toning with iridescent peripheries. Minor hairlines and other handling marks are present on both sides.
In his Proof Encyclopedia (p. 37), Walter Breen writes about this coin as a proof: "Overton 109, earliest state. William R. Hall, San Francisco, seen at a convention in Sept. 1976." General numismatic wisdom suggests that no coins dated prior to 1817 were struck as proofs. However, exceptional pieces exist from before 1817, such as this half dollar. The jury is out regarding the status of this coin as a proof, specimen strike, or prooflike business strike. However, bidders at the sale will clearly answer the question.
Ex: William R. Hall Coins, San Francisco.
From The Donald R. Frederick Collection of Early U.S. Coinage: Bayside Part II.

View all of [The Donald R. Frederick Collection of Early U.S. Coinage: Bayside Part II ]
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