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1802 50C AU58 PCGS....

2009 August Los Angeles, CA US Coin Auction #1128

 
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Auction Ended On: Jul 31, 2009
Item Activity: 5 Internet/mail/phone bidders
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Location:

Hyatt Regency Century Plaza
2025 Avenue of the Stars
Los Angeles, CA 90067

Description:
Condition Census 1802 O-101 Half Dollar, AU58
1802 50C AU58 PCGS. O-101, R.3. Boasting the lowest mintage of any Heraldic Eagle half dollar, just 29,980 pieces, the 1802 has long been a comparatively unheralded issue among early issues of the denomination and an extremely elusive date in AU and finer grades. Only one obverse and one reverse die were used to produce this year, and the same obverse and reverse master dies used in 1801 were used to make the 1802 working dies. Not only is the coin offered here uncommonly high grade for this low mintage scarcity, but the originality of the piece and its almost total lack of distractions sets it apart from the few remaining survivors.
While the mintage was low for the series, the Condition Census is also remarkably low. The finest examples are a pair of MS60 pieces, followed by four at the AU58 level. The Queller half is at the top of the Condition Census, and Jules Reiver's example was an AU55.
Both sides are layered in gunmetal, copper-gold, and sea-green toning and beneath the color are considerable remnants of luster. Often accompanied by adjustment marks, this piece appears to have escaped that distraction, and only incidental abrasions are noted in the lower left obverse field. The centers are sharply defined on each side, while the peripheries are somewhat softly struck. A spectacular find for the early half dollar specialist. Population: 6 in 58, 2 finer (11/06).(Registry values: N1) (NGC ID# 24EE, PCGS# 6065)

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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.

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