LOT #3408 |
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1922 50C Grant With Star MS66+ PCGS. CAC....
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Sold on Jul 9, 2015 for:
$12,925.00
Bid Source: Internet bidder
Description
1922 Grant Memorial Half, MS66+
Popular With Star Variant
1922 50C Grant With Star MS66+ PCGS. CAC. The Grant Memorial
half dollar was coined in two different varieties, including those
with a small incuse star in the right obverse fields and those
without this star. The purpose of the star, if there initially was
one, is generally agreed to have been purely for market gain, a
tactic thought to boost sales by forcing collectors to purchase two
coins, rather than one. Both the With Star and No Star halves were
initially offered at a cost of $1 each, although in December 1922,
the price for the No Star variant fell to 75 cents, and that of the
With Star variety rose to $1.50. This reflected the lower available
supply of the With Star issue.By January 1st, when sales were discontinued, only 4,250 With Star examples had been distributed (not counting six additional assay coins), while the No Star version had been distributed to the extent of 67,350 coins (plus 55 assay pieces). As a result, the With Star Grant Memorial half is significantly scarcer than its No Star counterpart today, and high-end examples are scarcely seen. This Plus-graded Premium Gem displays rich, satiny luster beneath dusky lavender-gray, ice-blue, and amber-brown toning, blended over each side. The high point of Grants head is a trifle soft, but the eye appeal is unhindered. Population: 40 in 66 (7 in 66+), 5 finer (5/15).(Registry values: N4719)
Coin Index Numbers: (NGC ID# BYPP, PCGS# 9307, Greysheet# 10313)
Weight: 12.50 grams
Metal: 90% Silver, 10% Copper
Auction Info
2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN #1222 (go to Auction Home page)
Auction Dates
July, 2015
9th-12th
Thursday-Sunday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 878
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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