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Lot
5262

1849 50C PR66 PCGS. CAC....

2014 January 8 - 12 FUN US Coin Signature Auction - Orlando #1201

 
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Auction Ended On: Jan 9, 2014
Item Activity: 6 Internet/mail/phone bidders
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Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:

1849 Seated Half, PR66
Tied With One Other for Finest
Six or Seven Known
1849 50C PR66 PCGS. CAC. A tremendous coin, this piece is a new addition to the roster of known survivors and is tied with one other example for the finest of just six or seven 1849 proof half dollars currently traced. In 1977, Walter Breen recorded five examples, including a badly impaired piece that he saw over 20 years earlier. Others have also indicated at least five known pieces, including Randy Wiley and Bill Bugert along with David Akers.

1849 Proof Half Dollar Roster
1. PR66 PCGS. The present coin. This piece is likely the James A. Stack (Stack's, 3/1975), lot 453 example listed below in Additional Appearances as coin A. In particular, portions of the right obverse field match the photo in the Stack's catalog. The coin was listed as a Gem in that sale. A previously owned catalog for that sale includes a penned "65+++" notation for that lot, further indicating what a lovely piece it was.
2. PR66 NGC. Grand Central Sale (Paramount, 11/1967), lot 1017; John Jay Pittman Collection, Part II (David Akers, 5/1998), lot 1536; Rarities Sale (Bowers and Merena, 8/1999), lot 205; George "Buddy" Byers (Stack's, 10/2006), lot 1150; Baltimore Signature (Heritage, 7/2008), lot 1701, unsold; Malibu Collection (Heritage, 9/2008), lot 2247, which realized $86,250; Los Angeles Signature (Heritage, 8/2009), lot 1127, where it brought $74,750; FUN Signature (Heritage, 1/2013), lot 5664, which realized $47,000.
3. PR65 NGC. F.C.C. Boyd; World's Greatest Collection (Numismatic Gallery, 4/1945), lot 296; Floyd T. Starr (Stack's, 10/1992), lot 549; Baltimore Auction (Superior, 7/1993), lot 421; Phil Kaufman (Heritage, 4/2008), lot 2391; FUN Signature (Heritage, 1/2010), lot 2555, where it realized $41,687.50. Breen suggested that this coin possibly appeared earlier in these sales: Parmelee Collection (New York Coin & Stamp, 6/1890), lot 1201; George Earle Collection (Henry Chapman, 6/1912), lot 2997.
4. PR64 NGC. The Richmond Sale, Part III (David Lawrence, 3/2005), lot 1793; FUN Signature (Heritage, 1/2012), lot 3251, where it brought $38,812.50.
5. PR64 PCGS. Randall Collection (W. Elliot Woodward, 6/1885), lot 409; Garrett Collection (Stack's, 3/1976), lot 214; Auction '88 (RARCOA, 7/1988), lot 1725; Long Beach Signature (Heritage, 9/2005), lot 3265.
6. PR64. Louis E. Eliasberg, Sr. (Bowers and Merena, 4/1997), lot 1947.

Additional Appearances
A. Proof. James A. Stack (Stack's, 3/1975), lot 453. Likely the present coin. If not, the only coin above it could be is #4, the Richmond specimen.
B. Proof. MWNA Convention (Kagin's, 7/1978), lot 622. Possibly the Richmond coin (4), the Garrett coin (5), or the Stack coin (A).
C. Proof. Capital Collection (Amwest, 7/1981). The catalog is unavailable. Possibly the Richmond coin (4), the Garrett coin (5), the Stack coin (A), or the Kagin coin (B).


A beautifully toned and boldly detailed example, this well-preserved coin exhibits full stars, head, foot, and gown details on the obverse, along with strong eagle, claw, and leaf details on the reverse. Brilliant silver proof surfaces appear on both sides, with gorgeous toning present including shades of soft pink, mint-green, light gold, and peach. Distinguishing characteristics of this example include several parallel diagonal lines in the right obverse field extending upward and outward from Liberty's left leg. An outstanding piece, this coin will attract strong attention from advanced Seated half dollar or type specialists, among others.
From The David & Sharron Akers Collection. (PCGS# 6393)

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