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Lot
5642

1836 50C Reeded Edge PR65 NGC....

2013 January 9-14 US Coin FUN Signature Auction - Orlando #1181

 
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Auction Ended On: Jan 10, 2013
Item Activity: 9 Internet/mail/phone bidders
533 page views
Location: Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:

1836 Reeded Edge Half, PR65
Important Numismatic Rarity
1836 50C Reeded Edge PR65 NGC. This is a classic rarity in U.S. numismatics and a key to the Reeded Edge half dollar series. With about a dozen examples known, the 1836 half dollar is actually the most plentiful of the four-year Capped Bust, Reeded Edge series in proof format, while it is by far the rarest as a business strike.
This is one of the first proofs struck using the new steam presses installed at the Mint in 1836. These new presses allowed the use of a close collar and made the production of consistently higher-quality coins a realistic goal. To quote Mint Director Robert Maskell Patterson, "this is struck in a close collar, which makes the edge of pieces thicker, and gives a mathematical equality to the diameters."
This is a splendid proof striking. The fields are very deeply mirrored and almost imperceptibly hairlined. Each side is covered with deep shades of blue-gray and golden-rose toning. The outer margins of the coin are a bit darker in hue. The central striking details are unusually strong with finely detailed hair curls on Liberty and fully articulated plumage on the eagle. Frosty luster remains visible beneath the toning on the central devices. The stars on the obverse, however, are quite weak and incomplete for a proof striking. An extraordinary proof striking of one of the most numismatically desirable coins from the 19th century. Census: 2 in 65, 0 finer (11/12).
From The Greensboro Collection, Part II.(Registry values: N14284) (PCGS# 6223)

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

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