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Description

Paquet 1859 Liberty Seated
With Fasces Half Dollar
Judd-248, PR65 Brown

1859 P50C Half Dollar, Judd-248, Pollock-287, High R.7, PR65 Brown NGC.
Design.
The Paquet Liberty Seated With Fasces obverse. A homely, disproportionate Liberty is seated on a rock, shield at her lowered right (facing) hand and holding the top of a fasces in her left hand. An olive branch and three arrowheads lie--curiously so--under the shield. Thirteen stars encircle the rim. The reverse is the familiar Cereal Wreath design, with denomination HALF DOLLAR in the center. Struck in copper with a reeded edge.

Commentary.
Pollock notes that in October 1859 Mint Director James Ross Snowden wrote to Treasury Secretary Howell Cobb, asking that the reverse of this design be adopted for all silver circulating coins, but it ultimately was placed only on the dime and half dime denominations. Snowden in 1860 attributed the reverse to Anthony Paquet. USPatterns.com opines that these pieces, of which less than a half dozen exist, were "struck from rusted dies in the 1860s or 1870s."

Physical Description.
While evenly patinated, the fields still show remarkable depth of reflectivity. Both sides are primarily brown and lilac with slight bits of original red still evident, especially on the reverse. Well struck. Each side shows a few scattered carbon spots. NGC Census: 1 in PR65 Brown, 1 finer. PCGS Population: The sole PCGS-graded example is PR65 Brown (12/08).

Provenance.
Ex: Stack's private treaty.
From The Lemus Collection, Queller Family Collection Part Two. (PCGS# 11996)

View all of [The Lemus Collection, Queller Family Collection Part Two ]

Service and Handling Description: Coins & Currency (view shipping information)

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Auction Info

Auction Dates
January, 2009
7th-11th
Internet/Mail/Phone Bidders: 10
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