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Lot
2969

1960-D 50C MS66 NGC. In spite of its substantial mintage of 18.2 million pieces, the 1960-D is surprisingly scarce in Gem a...

2005 November Dallas, TX Signature Auction #388

 
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Auction Ended On: Nov 4, 2005
Item Activity: 8 Internet/mail/phone bidders
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Description:
Fantastically Toned MS66 1960-D Franklin Half
1960-D 50C MS66 NGC. In spite of its substantial mintage of 18.2 million pieces, the 1960-D is surprisingly scarce in Gem and better grades. In MS66 it is especially elusive with only eight other pieces so graded by NGC, and one by PCGS (none are finer). An interesting story is related about these NGC MS66 coins in Rick Tomaska's book on Franklin halves (2002): "Some of the NGC coins featured spectacular color--deep iridescent purple, golden-olive on both obverse and reverse. The first reaction upon seeing these coins is that they were artificially toned. However, both NGC and PCGS has concluded they are genuine. This author agrees. The story behind this unusual group of superb 1960-D's is that they belonged to a customer who lived in a small town dominated by a sulphur mine. The continuous sulphur fumes coming from the mine certainly would have affected any silver coins in a manner consistent with the toning found on the monster 1960-D's." Tomaska then goes on to relate that, "The NGC coins (not FBL) last traded in the $3,000-$5,000 range. Considering the rarity and spectacular eye-appeal, those prices must be considered a bargain."
This is a fantastically toned coin. We can add no more to Mr. Tomaska's assessment from several years ago, except to say that we believe this coin will sell at the upper end of the value estimate he related.(#6679) (Registry values: N1793) (NGC ID# 24TM, PCGS# 6679)

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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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