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Lot
3674

1796 50C 16 Stars -- Corrosion, Cleaned -- NGC Details. Fine. O-102, High R.5....

2011 October 13-16 US Coins Signature Auction- Pittsburgh #1160

 
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Auction Ended On: Oct 13, 2011
Item Activity: 5 Internet/mail/phone bidders
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Location: David L. Lawrence Convention Center
1000 Ft. Duquesne Blvd.
Pittsburgh, PA 15222

Description:
1796 16 Stars Half Dollar, O-102, Fine Details
A Well-Defined Type Coin
1796 50C 16 Stars -- Corrosion, Cleaned -- NGC Details. Fine. O-102, High R.5. Any half dollar bearing the dates 1796 or 1797 draws serious attention from advanced type collectors because it is necessary to complete a type set of U.S. coinage. Even impaired pieces revealing plugs, whizzing, scratches, digs, or altered surfaces realize five-figure prices in the current market.
The Fine Details example in this lot is such a coin. While shallow corrosion pits are evident on the obverse they are confined mainly to the fields, leaving the design detail quite bold, especially Liberty's hair and facial features and the eagle's wing plumage. Indeed, perhaps the piece has claims to "Very Fine Details" Both sides are somewhat luminous from cleaning, but have since retoned gunmetal-gray with gold-champagne overtones. A few rim bumps are noted, as are light pinscratches under the right (facing) wing.
Ex: Charles Zug Collection (S.H. Chapman, 10/1909), lot 428; Paramount (4/1965), lot 1080; RARCOA (5/1971), lot 410; Nate Smith Collection (Stack's, 3/1973), lot 807; Stack's (6/1989), lot 1750; Yoder Family Collection (Heritage, 5/2008), lot 494; Bowers and Merena (11/2009), lot 858.(Registry values: N7079) (NGC ID# 24EA, PCGS# 6058)

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

The Draped Bust Half Dollars of 1796-1797 by Jon Amato is the culmination of more than 10 years of research into the Draped Bust Small Eagle half dollar series, one of the most coveted type coins in American numismatics and one about which remarkably little has been written.

This work will be the premier reference for 1796-1797 half dollars for years to come. Institutions having an extensive numismatic library or coin cabinet will find it a valuable complement to their holdings, and catalogers charged with writing up specimens for auction can now have an indispensable source of background and pedigree information. Likewise, coin dealers seeking to purchase one or more '96 or '97 half dollars for a client or for inventory, and collectors who own, have owned, or desire to own one will want this important reference work for their libraries.

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