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Lot
5064

1794 H10C AU58 NGC. V-1, LM-1, R.6. ...

2012 August 2-5 US Coins Signature Auction- Philadelphia #1173

 
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Auction Ended On: Aug 3, 2012
Item Activity: 10 Internet/mail/phone bidders
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Location: Sheraton Philadelphia Downtown Hotel
201 North 17th Street
Philadelphia, PA 19103

Description:
AU58 1794 Half Dime, Ex: Price
V-1, LM-1, R.6, Late Obverse Die State
1794 H10C AU58 NGC. V-1, LM-1, R.6. Ex: Price. The Logan-McCloskey plate coin. This is the rarest of the four varieties for the 1794 half dime. Although the first half dimes were not struck until February 1795, the earliest group was dated 1794. These first issues are not only extremely desirable, but as a group they are significantly scarcer than the 1795-dated half dimes. Of course, an R.6 variety is very rare, no matter the circumstances. The serious collector should take note of this uncommonly high-grade representative.
Delightful cobalt-blue, rose, tan, violet, and gunmetal-gray toning covers both sides of this carefully preserved piece. The strike is soft in the centers, as often seen, and star 4 is nearly unstruck. Numerous obverse die cracks appear, one nearly bisecting that side laterally and a second running diagonally through the eye to the rim above the right side of the Y in LIBERTY. Flashy luster graces the fields and increases the eye appeal. A noticeable apparent strike-through, as made, runs through the U in UNITED. An important opportunity to obtain a high-grade example of this historic first-year issue.
Ex: American Numismatic Rarities (6/2004), lot 2608; Ed Price; Los Angeles Signature (Heritage, 8/2009), lot 1054.
From The Rocky Mountain Collection.(Registry values: P6) (NGC ID# 22ZT, PCGS# 4250)

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