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Description

Impressive Proof 1836 Reeded Edge Half, One of Perhaps Eleven Known Examples

1836 Capped Bust, Reeded Edge PR 63 NGC. On November 8, 1836, Mint Director Robert Maskell Patterson presented ten specimen strikings of the new Reeded Edge half dollar to Treasury Secretary Levi Woodbury. According to Patterson, the specimens, or proofs, were intended to show the superior striking quality of the new steam press/closed collar combination. Writing in 1977, Walter Breen asserted that he knew of at least 11 examples. Although we do not know the pedigree of the present example, it is one of only 4 examples to receive a PR 63 grade from NGC and it is bettered by 4 pieces (2/00). This is an important representative of this key issue that shows thick charcoal toning over lightly marked surfaces. An abrasion in the lower right obverse field between star 13 and the border should serve as a useful pedigree marker. The striking details are uncommonly strong for the series with finely detailed hair curls on Liberty and fully articulated plumage on the eagle. The minute doubling on the denticles over UNITED and at the base of 50 CENTS, as well as the minute die crack that extends from the rim into the field between STATES and OF, are diagnostic features of this proof issue. A historically significant coin, this rare proof specimen would form the centerpiece of any advanced collection.
Ex: Auction '84 (Paramount, 7/84), lot 667, where it realized $11,000. (NGC ID# 27SM, PCGS# 6223)


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Auction Info

Auction Dates
May, 2000
5th-8th Friday-Monday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 466
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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