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Lot
3243

1870-CC 50C AU50 PCGS. WB-101. ...

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

 
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Auction Ended On: Jan 4, 2012
Item Activity: 5 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

Description:
First-Year 1870-CC Half Dollar, AU50
An Important Collector Coin
1870-CC 50C AU50 PCGS. WB-101. Extremely scarce overall and of the utmost rarity in high grades, the 1870-CC Seated half dollar is an important key date in the series. Randy Wiley and Bill Bugert (1993) make the following observations:

"Many 1870-CC Liberty Seated Half Dollars are not well struck. This is probably due to the face that this was the first year of operation at the Carson City Mint. The letters BER in LIBERTY show signs of premature wear and the eagle's left leg and feathers are often flatly struck. Advanced die abrasion is well documented with 1 of 3 head dies (2 of the marriages) having a partial or no drapery. Our research indicates that about 14% of all 1870-CC half dollars have partial drapery and 40% have no drapery at all. We do not consider the 'no drapery' feature significant enough for a separate listing."


The current offering is a conditionally rare AU example that shows just a bit of drapery: a small enough amount that it might easily be mistaken for a die chip if it were placed in a different location on the coin. Light rose-tan, lilac-gray, and gold toning over the surfaces is very pleasing to the eye and obviously original. This piece does not suffer from the premature wear mentioned by Wiley-Bugert on BER in LIBERTY, or on the eagle's left leg and neck feathers. It does show slight indications of striking weakness on Liberty's head, and on the eagle's left talons. A handful of small marks are noted on each side of the piece, and there are traces of highpoint wear on the major devices that seem entirely consistent with the grade level assigned by PCGS. Population: 4 in 50, 5 finer (11/11).
Ex: Long Beach Signature (Heritage, 9/2008), lot 2225.(Registry values: N7079) (NGC ID# 24K2, PCGS# 6328)

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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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