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Lot
1932

1838 P50C Seated Liberty Half Dollar, Judd-77 Restrike, Pollock-85, High R.7, PR66 Red and Brown NGC....

2010 March Fort Worth, TX Signature ANA US Coin Auction #1138

 
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Auction Ended On: Mar 26, 2010
Item Activity: 8 Internet/mail/phone bidders
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Location: Fort Worth Convention Center
1201 Houston Street
Fort Worth, TX 76102
Description:
Judd-77 1838 Half Dollar in Copper
PR66 Red and Brown
A Rare Pattern, Rated High R.7
1838 P50C Seated Liberty Half Dollar, Judd-77 Restrike, Pollock-85, High R.7, PR66 Red and Brown NGC. On the obverse Liberty is seated on a rock with shield and pole. A scroll draped across the shield has the inscription LIBERTY in incuse letters. Thirteen stars around and the date below. The reverse has an eagle with wings spread holding an olive branch and four arrows. The legend UNITED STATES OF AMERICA around and the denomination HALF DOLLAR below. Struck in copper with a plain edge.
All examples seen of this extremely rare pattern show indications of extensive die rust. Judd-77 is a restrike issue produced for sale to collectors in the 1870s. An early auction appearance was in the Parmelee Collection (New York Coin & Stamp, 6/1890), lot 34. The preceding lot in that sale offered a specimen of Judd-76, from the same dies struck in silver. The issue was unlisted in Adams-Woodin and was not displayed in the 1914 ANS Exhibition. USPatterns.com states that four pieces are known to collectors today.
This is a magnificent specimen, with virtually faultless fields complementing an extraordinary strike. Much original mint red remains, blending gently into pale blue and chocolate-brown. The second finest certified at both services combined. At NGC only this coin, graded PR66 Red and Brown, has been certified and a specimen graded PR67 Red and Brown . PCGS has certified a single coin and that is a PR63 Red and Brown (2/10).
Ex: Stewart Witham; Auction' 81 (RARCOA, 7/1981), lot 315. (PCGS# 11310)

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