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Lot
2445

1831 50C MS67 NGC....

2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124

 
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Auction Ended On: Apr 30, 2009
Item Activity: 4 Internet/mail/phone bidders
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Location:

Duke Energy Center
525 Elm Street
Cincinnati, OH 45202

Description:
Finest Known 1831 O-102 Half Dollar, MS67
1831 50C MS67 NGC. Ex: Eliasberg-Kaufman. O-102, R.1. This is the finest known 1831 O-102 half dollar, from the Eliasberg Collection, and years earlier the property of famous collector William H. Woodin.
William Hartman Woodin was born in Berwick, Pennsylvania, on May 27, 1868, and eventually graduated from the Columbia University School of Mines. He served as general superintendent of the Jackson and Woodin Manufacturing Company, which built railroad cars and equipment. He later served as president of the American Car and Foundry Company and the American Locomotive Company. He served as secretary of the Treasury under President Franklin Roosevelt from March 5 to December 31, 1933. It was during this time that the President declared a banking holiday and ceased the production of gold coinage. Woodin was a noted collector of pattern coins who once owned the two 1877 half union gold coins that he returned to the Mint in exchange for "several crates" of patterns. He was an exhibitor at the 1914 ANS exhibition, and wrote a reference on pattern coins with Edgar Adams. He died on May 3, 1934, in New York City.
This splendid half dollar is boldly detailed and nicely centered, with complete and sharp obverse and reverse borders. Both sides are pristine and highly lustrous with frosty surfaces beneath ivory, russet, lilac, and green toning. We are unaware of any equals to this piece among all 1831 half dollars. Census: 2 in 67, 0 finer (3/09).
From The Joseph C. Thomas Collection.(Registry values: N1) (NGC ID# 24FV, PCGS# 6159)

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

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