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Lot
5622

1794 50C AU50 NGC. O-101a, R.4....

2013 January 9-14 US Coin FUN Signature Auction - Orlando #1181

 
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Auction Ended On: Jan 10, 2013
Item Activity: 11 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
1794 Half Dollar, AU50
O-101a, Lower Condition Census Example
1794 50C AU50 NGC. O-101a, R.4. The O-101 die variety is rather easily distinguished by the distinctive obverse, showing the lowest leftmost star piercing Liberty's bottommost hair curl at its midpoint -- one of two similar obverses that show this characteristic -- but on the present O-101, star 9 is distant from the Y in LIBERTY. On the very rare O-107, that star is relatively close to the Y. The reverse of the O-101 shows a pair of leaves between O and F, with the topmost leaf quite close to O. There are 21 berries on the reverse -- 10 left, 11 right -- the only such die for 1794 with that attribute. All known specimens show a heavy vertical die crack running from the rim to a leaf pair just left of the first S in STATES. In the later O-101a die state, as on the present AU specimen, there is a second die crack crossing from the rim through the F in OF to a second leaf pair, where it makes a sharp turn upward, crossing through the topmost single leaf on the right, to the last S in STATES, where it fades out.
This AU50 NGC-certified example of the O-101a is likely in the mid-Condition Census for the variety and die state, as far as we can discern. Our Permanent Auction Archives show more high-grade offerings of the O-101 up to Choice AU, unsurprisingly since we rank it at High R.3 (Stephen Herrman also ranks the O-101a at High R.3, but we believe it is a tad rarer). This piece is identifiable as lot 6150 in our Pittsburgh Signature (Heritage, 8/2004) by several milling marks beneath stars 6-8 and some planchet roughness in the date area. That 2004 offering brought $48,300, a remarkably strong price at the time.
This piece shows even silver-gray color with a light golden overlay. Visible marks are few and light, and mostly confined to the fields on each side. The Steve Herrman census for O-101a places this piece as sixth finest for the die state.
Ex: Pittsburgh ANA (Heritage, 9/2004), lot 6150.(Registry values: N7079) (PCGS# 6051)

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

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