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Lot
5684

1867 50C PR67 Ultra Cameo NGC....

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

 
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Auction Ended On: Jan 10, 2013
Item Activity: 8 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:

1867 Seated Half, PR67 Ultra Cameo
Finest Known of This Early With Motto Issue
1867 50C PR67 Ultra Cameo NGC. This is the single finest proof 1867 half dollar certified by either NGC or PCGS. While NGC has certified three pieces at the PR67 grade level, only this one has received the Ultra Cameo designation. In fact, this is the only proof 1867 half dollar to receive such a designation in any grade. Similarly, a PR66 Deep Cameo piece is the only coin given such a designation by PCGS. For the collector who desires the finest possible quality, this is a most important opportunity. We believe this piece is the single finest proof 1867 half dollar that still exists today.
Both sides of this Superb Gem proof have deeply mirrored fields with fully lustrous and frosty devices, appearing as if someone carefully painted the devices with white, but of course this appearance is strictly the result of production from fresh dies with polished fields and unpolished design elements. Close examination reveals evidence of a specially prepared planchet, highly polished in preparation for the careful production required to produce proof coins. The centers on each side are fully brilliant with rich gold, lilac, and sky-blue toning near the borders and encroaching only slightly upon the stars and letters.
Little is known about the proof half dollars of this date. The original mintage was 625 coins, and most or all of those pieces were probably distributed. A survival rate of 40% to 50% is a good general rule, indicating that 250 to 300 proofs still exist today. Walter Breen reported With Drapery and No Drapery variations for these coins. Those lacking the drapery at Liberty's elbow represent later die states after the coinage dies had been lapped or resurfaced.
Ex: National Money Signature (Heritage, 3/2007), lot 833.
From The Greensboro Collection, Part II. (PCGS# 96425)

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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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