Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

1877 Morgan Half Dollar in Silver, Judd-1514
PR67 Cameo, Finest at NGC

1877 50C Morgan Half Dollar, Judd-1514, Pollock-1678, Low R.7, PR67 Cameo NGC.
Design.
The obverse is similar to the Morgan dollar, but the head of Liberty is surrounded by a beaded circle, with 13 stars and E PLURIBUS UNUM around the edge. The date 1877 is below. On the reverse a so-called "defiant eagle" is perched on a scroll inscribed IN GOD WE TRUST. An olive branch points left, and three arrowheads point right. Struck in silver with a reeded edge.

Commentary.
Despite the popular terminology, the defiant eagle, while it may have its wings spread, is rather dyspeptic in appearance. The pose seems staid and monumental rather than lifelike, and the unnaturally heavy wings appear to be Oriental fans. This bird would never have flown. George T. Morgan seems to have had a peculiarly difficult time engraving our national bird, and none of his attempts are more than qualified successes.

Numismatic art critic Cornelius Vermeule comments concerning the reverse of the Morgan dollar in his recently released second edition of Numismatic Art in America:

"It can also be noted from the snatches of correspondence quoted above that George T. Morgan was unsatisfied with the tradition of Peter, the then-stuffed eagle at the Philadelphia Mint. The 'studies in nature' that he would seem to have procured for the eagle, however, must have had little effect on his oeuvre, for the bird on the reverse of the 1878 silver dollar is much more removed from reality than the creatures on some of the patterns for trade dollars in 1873. Some details, to be sure, like the broad tail, betray ornithological research, but in total substance the eagle with wings spread is as heraldic as his early 19th-century counterparts with the shields on their stomachs. Clearly, Morgan's dollar was a refreshing step away from the standard Gobrecht-styled seated Liberty with 'sandwich-board' eagle, but the decisive moment of revolution in American numismatic art had not yet arrived."

Physical Description.
The coin is virtually flawless; the only interruptions in the surfaces are a few tiny lint marks that were struck into the piece at the time of minting. The centers are brilliant and surrounded by a ring of golden-brown toning at the margins. The fields are deeply mirrored, and the devices present stark cameo contrast on both obverse and reverse. In PR67 Cameo, this piece is the single finest certified at NGC. The finest at PCGS is a PR64 example (11/08).

Census.
Per USPatterns.com, only seven examples are known. See that reference for a detailed census, from which this provenance is also expanded.
Ex: Maj. Lenox Lohr; R.E. Cox Jr., private treaty transaction (1959), $250; Cox Collection (Stack's, 4/1962), lot 2266; Champa Collection (American Auction Association, 5/1972), lot 1063; Stack's private treaty transaction (2/1978).
From The Lemus Collection, Queller Family Collection Part Two. (PCGS# 61852)

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

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

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
January, 2009
7th-11th
Internet/Mail/Phone Bidders: 7
Members Tracking: N/A
Page Views: 643

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

941,509
bidder-members
$882,960,926
sold in the last year

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 

Consignments wanted

Only 42 days left to consign to the 2015 October 29 - November 2 US Coins Signature Auction - New York!

Learn about consigning with us

The collecting community was wondering how Heritage would do with this specialized collection, and the catalog exceeded everyone’s expectations.
Roger Siboni,
Mantoloking, NJ
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $8,308,723
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,503,481
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191

© 2015 Heritage Auctions | All Rights Reserved