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Lot
1528

1839 P50C Half Dollar, Judd-103 Restrike, Pollock-115, R.8, PR66 Brown NGC....

2009 January Orlando, FL FUN Auction #1121

 
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Auction Ended On: Jan 7, 2009
Item Activity: 9 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
1839 Copper Half Dollar, Judd-103, PR66 Brown
R.8, The Only Specimen in Collectors' Hands
1839 P50C Half Dollar, Judd-103 Restrike, Pollock-115, R.8, PR66 Brown NGC.
Design.
The obverse is of the regular-issue Seated Liberty half, With Drapery, of 1839, and the reverse is the Medium Letters die, as seen on the 1840 issue. Struck in copper with a reeded edge.

Commentary.
Another fantasy piece struck long after the date on the die, probably in the 1870s, for sale to collectors. Only two examples are known of this R.8 pattern, and one of them is impounded--presumably permanently--in the Connecticut State Museum Collection.

Like some of the related pieces of this period, Stewart Witham has counted the edge reeds and gotten a total of 152. According to USPatterns.com, "according to a reed count listing from Bill Bugert of the Liberty Seated Collectors Club, [that] means they were likely struck some time between 1861 & 1871. We believe the actual date is closer to the latter date."

Physical Description.
Another wonderfully toned coin from the Lemus Collection that appears essentially untampered with. This piece boasts splendid, near-pristine surfaces with overtones of lilac and purple. The needle-sharp strike brings out tiny details of Liberty's sandal and emboldens all the stripes in the shield. A small patch of die rust appears above TAT in STATES and there are scattered areas elsewhere, but overall the die rust is less than would be expected. A simply marvelous coin that is in every way representative of the quality that embodies the Lemus Collection. NGC Census: one PR66 Brown (this coin). PCGS Population: none certified (10/08).

Census and Provenance.
Only two pieces are known, one in a museum collection.
1. Lorin Parmelee (New York, 6/1890), lot 43; King Farouk; Palace Collections of Egypt (Sotheby's, 5/1954); Mayflower (5/1959); Cox (Stack's, 4/1962), lot 2197, proof; ANA (Kosoff, 6/1966), lot 1027; Gentleman's Study Collection (Coronet Coin), lot 11, proof; Stewart Witham; Auction '81 (RARCOA, 7/1981), lot 333, proof. The present specimen.
2. J.C. Mitchelson (1913); Connecticut State Library.
From The Lemus Collection, Queller Family Collection Part Two. (PCGS# 11438)

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