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Lot
827

1797 H10C 15 Stars XF40 NGC....

2009 February Long Beach, CA Signature US Coin Auction #1122

 
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Auction Ended On: Feb 5, 2009
Item Activity: 6 Internet/mail/phone bidders
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Location:

Long Beach, CA

Description:
Attractive 1797 15 Stars Half Dime, V-2, XF40
1797 H10C 15 Stars XF40 NGC. V-2, LM-1, R.3. The 1797 half dimes with 15 obverse stars were the first of the date minted, using an obverse die that must have been engraved early in 1796 before Tennessee became the 16th state. There is no doubt that the die was completed except for the final digit of the date, and when it carried over to 1797 without being used the previous year, a final 7 completed the date, and it was put into use even though it had an incorrect star count. The die was certainly used because of a shortage of acceptable steel to create new dies. The shortage of steel was also responsible for dies being used well beyond their ordinary life, leaving modern collectors with an amazing array of die states, like the present coin that has heavy die cracks on both sides. It has mostly medium gray surfaces with lighter gray on the devices. The central design motifs are weak, but the overall appearance is strong. Only a few faint scratches and abrasions are present on this wholesome piece.
From The Ed Lepordo Collection, Part One.(Registry values: P6) (NGC ID# 22ZZ, PCGS# 4258)

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