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Lot
6151

1864 H10C MS67 NGC. Since silver coins did not circulate ...

2002 September Long Beach Signature Sale #300

 
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Auction Ended On: Sep 26, 2002
Item Activity: 3 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Exceedingly Rare Superb Gem 1864 Half Dime
1864 H10C MS67 NGC. Since silver coins did not circulate in the North during the Civil War, it should come as no surprise that the 1864 was produced to the extent of just 48,000 business strikes. Even this mintage figure is thought to be too high, and Ahwash proposes a mintage figure of a mere 14,500 pieces. His estimate is based on the ratios between the surviving populations of the 1863, 1864, 1865, 1866, and 1867 deliveries. One of only 80-100 coins believed extant, this lovely Superb Gem easily qualifies for Condition Census standing. The surfaces are richly toned with dominant charcoal and cobalt shades that yield to warmer lavender-gray, golden-orange, and champagne accents in a few areas on the obverse. The surfaces are smooth with solid underlying luster, bold overall striking definition, and a few clashmarks (as struck) in the fields. Only three 1864 Half Dimes have been graded MS67 by NGC and PCGS, and there are none finer (7/02). (NGC ID# 234E, PCGS# 4384)

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