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Lot
3420

1794 H10C MS63 NGC. V-4, LM-4, R.4....

2012 May 30- June 3 US Coins Signature Auction- Long Beach #1171

 
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Auction Ended On: May 31, 2012
Item Activity: 10 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:

1794 V-4, LM-4 Half Dime, MS63
Struck in 1795
1794 H10C MS63 NGC. V-4, LM-4, R.4. The last of four 1794 die varieties that were all struck in 1795. The first recorded delivery of half dimes, following the 1792 half dismes, was dated March 30, 1795, indicating that 7,756 coins were actually minted just a few days earlier. Five additional deliveries that year were recorded from June 12 through November 26. It is impossible to know exactly how many of those coins were dated 1794 and how many were dated 1795. Also unknown is whether any 1795 half dimes were struck in 1796.
Today's survival of Flowing Hair half dimes consists of about 25% 1794 and 75% 1795. Applying that survival to the total 1795 mintage suggests that slightly more than 20,000 1794 half dimes were produced, or almost exactly the 20,856 coin total of the March 30 and June 12 deliveries.
The obverse, used only for this variety, has a crack from Star 10 to Liberty's nose and ear, along with other die defects. The reverse, used for the third and final time, has delicate die cracks, including one through the D and wreath, to the left (facing) wing and eagle's breast. A lovely Select Mint State piece, this half dime is mostly gold toned with splashes of light blue. Census: 12 in 63, 26 finer (4/12).(Registry values: P6) (NGC ID# 22ZT, PCGS# 4250)

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