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Lot
20278

Canada: Victoria 50 Cents 1870 LCW,...

2010 January Signature World Coin Auction #3008

 
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Auction Ended On: Jan 3, 2010
Item Activity: 1 Internet/mail/phone bidders
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Location:

Waldorf Astoria
301 Park Avenue
New York, NY 10022

Description:
Landmark Gem Victoria 1870 LCW 50 Cents
Victoria 50 Cents 1870 LCW, KM6, MS65 PCGS, Ex: Alston-Grossman. The second variety of this elusive first-year issue, here with the initials of designer Leonard C. Wyon on the neck truncation of Queen Victoria. This phenomenal Gem is tied for finest with only two other pieces in MS65 at PCGS (7/09). While the 1870 With LCW 50 Cents are considerably more available than the No LCW coins, both are extremely rare in Mint State, especially the Gem level of the present example.

With lovely original lilac to violet patina covering both sides, this coin is a virtual match to the predominant colors on the 1870 No LCW 50 Cents, an attractive proposition that enhances the desirability of the same bidder acquiring both pieces. While we cannot be certain, it appears likely that both coins resided for a long period in an old-time collection, where they developed similar coloration. With a bold strike and only a few scattered, minor contact marks, this Gem coin represents another remarkable opportunity in this string of landmark Canadian coins.
From the Canadiana Collection

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