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Description

Superb Gem 1864 Seated Half Tied For Finest Certified

1864 50C MS67 NGC. The Philadelphia Mint struck 379,100 half dollars in 1864, a generous production given that silver coins did not circulate during this era. They were hoarded, since Federal paper money was plentiful and could not be redeemed for specie. Likely, the half dollar production was not intended for domestic use. Instead, the coins were exported in return for trade goods. Foreign countries understandably preferred payment in bullion rather than paper money, particularly with the U.S. involved in a costly civil war. Many pieces returned to U.S. circulation in the 1870s, once specie payment was resumed. This intricately struck Superb Gem displays vigorous cartwheel sheen, and the peripheral medium gold toning is attractive. The reverse is well preserved, while the obverse field has only minor contact. Census: 3 in 67, 0 finer (7/06).(Registry values: N1) (NGC ID# 24JD, PCGS# 6311)

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Auction Info

Auction Dates
August, 2006
13th-14th
Internet/Mail/Phone Bidders: 6
Members Tracking: N/A
Page Views: 319

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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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