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Lot
33410

1794 50C Fine 12 NGC. O-108, R.7....

2013 November 15 - 16 Selections from the Eric P. Newman Collection Part II Signature Auction - New York #1190

 
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Auction Ended On: Nov 15, 2013
Item Activity: 15 Internet/mail/phone bidders
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Location: Ukrainian Institute of America at The Fletcher-Sinclair Mansion
2 East 79th Street
New York, NY 10075

Description:
1794 O-108 Half Dollar, Fine 12
Less Than 10 Known
Obverse Beistle Plate Coin
1794 50C Fine 12 NGC. O-108, R.7. Ex: "Col." E.H.R. Green. The obverse is plated in Beistle as an illustration of his Obverse 5 and so noted on Eric P. Newman's envelope. All known examples have a heavy crack through the last four stars. It is likely that the working die cracked (during hardening?) before it was placed into service. Dies were precious in the early years of the Mint and were used, warts and all, until they were incapable of further use. The severe fracture to the obverse die of the O-108 led to its early demise, leaving only a handful of progeny.

Although it shows considerable wear, this is a sweet coin with exceptional surfaces featuring a tan and light to medium gray patina with subtle iridescence. Delicate bluish-gray toning appears on the reverse. Only eight or nine examples of the O-108 are known to survive. The Newman specimen appears to be the third finest known.
Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $125.00; Eric P. Newman Numismatic Education Society.(Registry values: N2998) (PCGS# 6051)

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

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