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Description

1842 PR65 Half Dollar
One of Only Seven Proofs Known

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. However, we have investigated this date and have come to the conclusion that there are seven unquestioned proofs.

1. PR66 NGC. Philip Kaufman Collection (Heritage, 4/2008), lot 2381. Ex: R. Green; John Jay Pittman (David Akers, 5/1998), lot 1524.
2. PR65 NGC. The Norweb Specimen. Purchased by Albert Fairchild Holden circa 1908; Norweb III (Bowers and Merena, 11/1988), lot 3131, where it realized $14,300; Bowers and Merena (8/1999), lot 201; Phil Kaufman; Phil Kaufman Collection, Part VI / Central States Signature (Heritage, 5/2003), lot 6776; FUN Signature (Heritage, 1/2006), lot 3197, where it brought $43,125. The present coin.
3. PR64 PCGS. FUN Signature (Heritage, 1/2012), lot 3246. Ex: F.C.C. Boyd; 1946 ANA (Numismatic Gallery, 8/1946), lot 816; Stack's (3/1965), lot 443; Richmond Collection (David Lawrence, 3/2005), lot 1787.
4. PR64 NGC. Oscar Schilke proof set; Paul Kagin.
5. PR63 NGC. Chicago Signature (Heritage, 8/2011), lot 7173. Ex: Eliasberg Collection (Bowers and Merena, 4/1997), lot 1922.
6. Proof. American Numismatic Society.
7. Proof. Smithsonian Institution.

Like the proof quarters of the same date, proof 1842 halves were all 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.
From The Greensboro Collection, Part II. (PCGS# 6386)

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Auction Info

Auction Dates
January, 2013
9th-14th
Internet/Mail/Phone Bidders: 6
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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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