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Lot
2078

1827 50C PR68 NGC. Ex: Eliasberg. O-121, R.7 as a proof. ...

2004 Orlando, FL (FUN) Signature Sale #336

 
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Auction Ended On: Jan 7, 2004
Item Activity: 10 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
One of Only Four Known Proof 1827 Halves--The Finest Example Extant, A Magnificent PR68, Ex: Eliasberg
1827 50C PR68 NGC. Ex: Eliasberg. O-121, R.7 as a proof. It seems that a number of proof singles as well as sets were struck in 1827. The most famous of these, of course, are the quarters with their alleged tie to Joseph Mickley. Even though it has been asserted that as many as seven proof 1827 halves may exist, it appears that there are actually only four distinct coins known today, all of which are from the O-121 dies. They are:
1. The Norweb '88 coin (PCGS PR66).
2. The Eliasberg II coin, this piece (NGC PR68).
3. The Auction '90 coin (PCGS PR66).
4. The piece that appeared in our 2001 Santa Clara Signature Sale (NGC PR64).
This is a nearly flawless proof striking. The fields are deeply reflective, and shine brightly through the multiple layers of toning. The only variation in the fields is an unfinished area in the obverse die just above Liberty's cap. The surfaces are beautifully toned, each side being well balanced in color and brightness. Magnification shows tiny specks of rose, lilac, blue, and golden iridescence. The striking details are absolutely complete in all areas, which is an attribute that is not always a given on proofs from this era. There are no hairlines or distracting contact marks on either side of this magnificent coin. In fact, as far as pedigree identifiers, the most obvious link to the photo in the Eliasberg catalog is a small speck of darker color in the left obverse field.
This is a numismatic classic that has been in some of the great collections of the 20th century.
Ex: George H. Earle Collection (Henry Chapman, 6/12), lot 2927, where it brought $5.50 and was tersely described as, "Proof. Sharp, even impression. Superb example.;" John H. Clapp; Clapp Estate, 1942, to Louis E. Eliasberg, Sr.; Eliasberg II (Bowers and Merena, 4/97), lot 1831, where it realized $110,000.(#6205) (PCGS# 6205)

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The Draped Bust Half Dollars of 1796-1797 by Jon Amato

The Draped Bust Half Dollars of 1796-1797 by Jon Amato is the culmination of more than 10 years of research into the Draped Bust Small Eagle half dollar series, one of the most coveted type coins in American numismatics and one about which remarkably little has been written.

This work will be the premier reference for 1796-1797 half dollars for years to come. Institutions having an extensive numismatic library or coin cabinet will find it a valuable complement to their holdings, and catalogers charged with writing up specimens for auction can now have an indispensable source of background and pedigree information. Likewise, coin dealers seeking to purchase one or more '96 or '97 half dollars for a client or for inventory, and collectors who own, have owned, or desire to own one will want this important reference work for their libraries.

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