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Lot
1125

1846 50C Medium Date PR65 PCGS. CAC....

2009 August Los Angeles, CA US Coin Auction #1128

 
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Auction Ended On: Jul 31, 2009
Item Activity: 5 Internet/mail/phone bidders
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Location:

Hyatt Regency Century Plaza
2025 Avenue of the Stars
Los Angeles, CA 90067

Description:
Memorable PR65 1846 Medium Date Half Dollar
1846 50C Medium Date PR65 PCGS. CAC. When we cataloged the Pittman-Kaufman coin, we stated it was the only certified PR65 example, and probably the finest known. Since then, the present specimen has also been certified by PCGS. We believe the two pieces are virtually tied for finest known honors. Approximately 10 proof 1846 half dollars are known in all, including seven examples listed in our roster that appeared in the Kaufman catalog. Some new information has come to light since that offering, so we now present a revised roster of ten different examples:

1. PR65 PCGS. The present specimen.
Auction '79 (Paramount, 7/1979), lot 79; Bowers and Merena (9/1988), lot 275.
2. PR65 NGC. Numismatic Gallery (7/1949); John Jay Pittman (David Akers, 5/1998), lot 1712; Phil Kaufman (Heritage, 4/2008), lot 2386. Sold in the Pittman sale as a complete 10-piece 1846 proof set.
3. PR64 NGC. Phil Kaufman; Bowers and Merena (8/1999), lot 202; Superior (10/2000), lot 4374.
4. Tall Date. PR63 PCGS. Stack's (6/1999), lot 2222; George "Buddy" Byers Collection (Stack's, 10/2006), lot 1138. Apparently the only known proof 1846 Tall Date half dollar.
5. PR63 PCGS. Heritage (2/2007), lot 3509.
6. PR63 NGC. Central States (Heritage, 5/2005), lot 7208.
7. PR63 SEGS. Heritage (1/2002 FUN Sale), lot 6997; Rarities Sale (Bowers and Merena, 7/2005), lot 552.
8. PR61. The Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 4/1997), lot 1935.
9. Proof. James A. Stack Collection (Stack's, 10/1994), lot 512; George "Buddy" Byers (Stack's, 10/2006), lot 1137.
10. Proof. Smithsonian Institution.

A few additional auction appearances over many years probably represent the same pieces recorded above, although the quality of older plates, when they were plated at all, makes plate-matching nearly impossible.
This lovely Gem proof is deeply toned gold and lilac at the centers and peripheral blue on each side. The fields are fully and deeply mirrored with lustrous and boldly detailed devices. It is exceptional and highly appealing.
From The Bay State Collection, Part Two. (PCGS# 6390)

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