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Lot
4271

1842 50C Small Date, Small Letters VF20 PCGS....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 6 Internet/mail/phone bidders
431 page views
Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
1842 Small Date, Small Letters Half, VF20
Extremely Rare, Discovery Coin
Perhaps Four Known
1842 50C Small Date, Small Letters VF20 PCGS. Discovery coin for the variety. Also known as the Reverse of 1839, and is certified as such on the PCGS insert. Christian Gobrecht's original obverse design for the Seated Liberty half dollar featured small digits in the date, a design that was used from 1839 through early 1842; later in 1842, the Medium Date die came into use.

The original reverse design of the Seated Liberty half dollar featured small letters in UNITED STATES OF AMERICA and HALF DOL. Prior to the discovery of the present variety, this reverse design had been identified on all 1839 Seated Liberty, 1840 (P), 1840-O, 1841, and 1841-O half dollars, as well as on some 1842-O examples. At the time of the discovery of this coin, it was the only 1842-dated example with the Small Letters Reverse of 1839 known from the Philadelphia Mint. A couple of other pieces have been discovered since, including one MS64 PCGS example, but it remains quite rare; PCGS shows three coins ranging from MS64 to Good 6, including the present piece. NGC shows a single MS63 coin (3/13). Heritage issued a press release on April 4, 2001, announcing the discovery.

The coin itself is a problem-free VF20 example that shows light gray patina over each side. The only mark of note that might be used for pedigree purposes is a milling mark between the eagle's beak and the A in STATES. (PCGS# 6241)

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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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