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Lot
7151

1823 50C MS67 NGC. O-107, R.2....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
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Auction Ended On: Aug 12, 2011
Item Activity: 8 Internet/mail/phone bidders
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Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
1823 O-107 Half Dollar, MS67
The Eliasberg-Kaufman Specimen
Easily the Finest Known
1823 50C MS67 NGC. O-107, R.2. Ex: Eliasberg/Kaufman. The obverse of this piece is perfect without die cracks, clash marks, or other defects. The reverse has a crack from the border below the 5, curving up to the left through the olive leaves, wing tip, and bottoms of UNITED, continuing faintly through STATES to the border over O. Overton described this as a late die state, but does not distinguish between the different states in his reference, currently in its fourth edition through the work of Donald Parsley.
This Superb Gem was conservatively graded MS64 when it appeared in the Eliasberg sale, and appeared for public sale at its current NGC grade twice in 2009, according to Stephen Herrman's Auction & Mail Bid Prices Realized for Bust Half Dollars.
Light golden-brown toning does little to hide the incredible mint frost that covers the obverse and reverse surfaces. Both sides have delicate blue toning at the borders, with hints of lighter gold. The strike is exceptional, with every individual detail fully impressed, and with excellent centering as evidenced by the complete obverse and reverse borders. Pristine surfaces have only the slightest marks, none that are obvious to the naked eye. This piece is the only 1823 half dollar that NGC or PCGS has certified MS67, regardless of variety (7/11).
Ex: Louis E. Eliasberg, Sr.; Eliasberg Estate (Bowers and Merena, 4/1997), lot 1795; Heritage (4/2009), lot 2429, where it realized $27,600; Bowers and Merena (8/2009), lot 1344, where it realized $21,275.(Registry values: N1) (NGC ID# 24FJ, PCGS# 6131)

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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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