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Lot
6776

1842 50C PR65 NGC. Ex: Norweb. The obverse is toned in ...

2003 May St. Louis, MO (CSNS) Signature Sale #318

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Auction Ended On: May 2, 2003
Item Activity: 6 Internet/mail/phone bidders
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Location: St. Louis, MO
Description:
Extremely Rare 1842 Proof Half Dollar--PR65--Ex: Norweb
1842 50C PR65 NGC. Ex: Norweb. The obverse is toned in attractive champagne-golden shadings while the reverse is much deeper with mottled blue and gray coloration over that side. A tiny, identifying nick is seen in the fields near the drapery; otherwise the surfaces are exceptionally clean and problem-free. According to Walter Breen, only four proofs exist:
1. Smithsonian Institution.
2. American Numismatic Society.
3. The Norweb coin, offered here.
4. A coin from Fred Boyd's collection, also ex: WGC: 255; Adolph Friedman, 1946 ANA: 816; E. M. Seneca (Stack's, 3/65).
Like the proof Quarters of the same date, proof 1842 Halves seem to have all been struck from Small Date dies. A Large Date variant was reportedly offered in the Brand-Lichtenfels Sale, but this remains unverified. The difference between the Small Date Quarters and Halves is that the Half Dollars are known (but scarce) as business strikes with the smaller date variant. Proof 1842 Halves are extremely rare, as one can see from the roster above, and the offering of this coin presents a rare opportunity for the specialist to acquire one of only two pieces known outside institutional holdings.
Purchased by Albert Fairchild Holden, circa 1908; ex: Norweb III (Bowers and Merena, 11/88), lot 3131, where it realized $14,300. (PCGS# 6386)

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