1878-CC Half Dollar, MS65
1878-CC 50C MS65 PCGS. CAC. The 1878-CC half dollar is a
low-mintage coin (62,000 pieces) whose production was prematurely
halted so the Mint could devote its full time energies to churning
out millions of silver dollars to satisfy Western mining interests'
need for an outlet for its silver bullion. The '78-CC is rare in
all grades and extremely so in mint condition. Indeed, PCGS and NGC
combined have graded only 17 Uncirculated pieces.
An Impressive Key Date
Rusty Goe, in his The Mint on Carson Street, had this to say about our Gem offering in the present lot: "In 1996 (a) frosty Uncirculated specimen was sold at auction by Bowers and Merena as part of the James B. Pryor Collection. It was graded by PCGS as MS64 and possessed every attribute of a Gem Uncirculated coin. Collectors and dealers in the era before professional grading services would not have had any problem referring to it as a Gem. The price realized for the coin in the Pryor sale was $20,900, at the time the highest price ever paid for an 1878-CC half."
Goe's assessment of this coin was apparently right on target, further evidenced by the CAC label. The devices are fully struck and both sides yield superb, sparkling mint luster. Just a slight accent of pale golden-rose patina is seen concentrated at the margins. A milling mark to the lower-right of Liberty's right (facing) arm and another to the upper-left of star 12 will aid in pedigreeing this coin, as will a small mark on each breast. This is an impressive example of this rare, key date issue in the Seated half dollar series that is sure to generate spirited bidding. Population: 5 in 65, 0 finer (11/11).
Ex: Sale of the 70's (Kagin's, 11/1973), lot 1084; James Bennett Pryor Collection (Bowers and Merena, 1/1996), lot 236; Long Beach Signature (Heritage, 9/1998) lot 6776; FUN Signature (Heritage, 1/2004), lot 2085.(Registry values: N7079) (NGC ID# 24KP, PCGS# 6359)
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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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