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Lot
1379

1838 P50C Seated Liberty Half Dollar, Judd-76A Restrike, Pollock-82, R.8, PR66 NGC....

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:
PR66 Judd-76A 1838 Seated Half
One of Only Two Known
1838 P50C Seated Liberty Half Dollar, Judd-76A Restrike, Pollock-82, R.8, PR66 NGC. Ex: Lemus Collection. 193 grains. Nearly medallic alignment. The obverse is similar to the adopted design with only slight differences. The reverse, however, is noticeably different, with a spread-winged eagle that holds four arrows and a laurel branch. Struck in silver with a reeded edge.
Pollock notes that the reverse design by Christian Gobrecht is based on a mica drawing (No. 39) reproduced in Elvira Clain-Stefanelli's article "From the Drawingboard of a Coin-Engraver" in the 1991 ANA Anthology. Ms. Clain-Stefanelli believed this reverse design was intended for the reverse of the quarter eagle.
Only two pieces of the reeded edge variant are believed known. The USPatterns.com website lists them as the Garrett-Bass specimen, certified as PR64 by NGC, and the present Witham-Queller coin.
The fields on each side of this piece are bright and glassy with significant mirrorlike reflectivity. Both obverse and reverse (but especially the former) show a number of tiny lint marks that were struck into the coin at the time of manufacture. Light reddish-golden toning is seen over the surfaces, with deeper accents of russet and blue at the margins. A major rarity for the pattern collector.
Ex: Stewart Witham; Auction '81 (RARCOA, 7/81), lot 314; Lemus Collection, Queller Family Collection Part Two (Heritage, 1/2009), lot 1515, which realized $34,500.
From The Bay State Collection, Part Two. (PCGS# 11305)

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