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Lot
5648

1851-O 50C MS66 NGC. WB-4, R.3....

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

 
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Auction Ended On: Jan 10, 2013
Item Activity: 15 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
1851-O Half Dollar, Exceptional MS66
WB-4, Tied for Finest Certified
1851-O 50C MS66 NGC. WB-4, R.3. Late Die State. A second high-grade WB-4. This piece shows the same late die state die cracks as the MS65 above. It strikes us as curious that two such pieces would exist from the same die pairing and same die state. It is tempting to suggest a hoard, but two coins hardly make a hoard. What is also curious is that these coins exist at all. As Wiley-Bugert point out, "By 1851, the value of silver rose to a point where a silver coin's silver content was worth more than the face value ... Consequently, large numbers of U.S. silver coins, mainly quarters and half dollars, were pulled from circulation, hoarded, melted, and/or exported for profit." Why were these two O-mint halves set aside and preserved in pristine condition? A question we will never know the answer to. This is a magnificent, bright, satiny coin that exhibits untoned, silvery centers that are surrounded by thin rings of russet and blue at the margins. The strike in the centers is complete, and only displays the slightest softness on the peripheral stars on the obverse. Census: 1 in 66, 0 finer (12/12).(Registry values: N1) (NGC ID# 24HK, PCGS# 6267)

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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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