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1796 50C 16 Stars -- Corrosion, Cleaned -- NGC Details. Fine. O-102, High R.5....

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Sold on Oct 13, 2011 for:
$28,750.00 Bid Source: Post Auction Buy bidder
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Description

1796 16 Stars Half Dollar, O-102, Fine Details
A Well-Defined Type Coin

1796 50C 16 Stars -- Corrosion, Cleaned -- NGC Details. Fine. O-102, High R.5. Any half dollar bearing the dates 1796 or 1797 draws serious attention from advanced type collectors because it is necessary to complete a type set of U.S. coinage. Even impaired pieces revealing plugs, whizzing, scratches, digs, or altered surfaces realize five-figure prices in the current market.
The Fine Details example in this lot is such a coin. While shallow corrosion pits are evident on the obverse they are confined mainly to the fields, leaving the design detail quite bold, especially Liberty's hair and facial features and the eagle's wing plumage. Indeed, perhaps the piece has claims to "Very Fine Details" Both sides are somewhat luminous from cleaning, but have since retoned gunmetal-gray with gold-champagne overtones. A few rim bumps are noted, as are light pinscratches under the right (facing) wing.
Ex: Charles Zug Collection (S.H. Chapman, 10/1909), lot 428; Paramount (4/1965), lot 1080; RARCOA (5/1971), lot 410; Nate Smith Collection (Stack's, 3/1973), lot 807; Stack's (6/1989), lot 1750; Yoder Family Collection (Heritage, 5/2008), lot 494; Bowers and Merena (11/2009), lot 858.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 24EA, PCGS# 6058, Greysheet# 6125)

Weight: 13.48 grams

Metal: 89.24% Silver, 10.76% Copper

View Certification Details from NGC

Auction Info

2011 October 13-16 US Coins Signature Auction- Pittsburgh #1160 (go to Auction Home page)
Auction Dates
October, 2011
13th-16th Thursday-Sunday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 1,558

Buyer's Premium per Lot:
15% of the successful bid per lot.

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Sold on Oct 13, 2011 for: $28,750.00
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