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1850 H10C PR65 NGC....
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Sold on Feb 27, 2014 for:
$35,250.00
Bid Source: Internet bidder
Description
1850 Seated Half Dime, PR65
Tied for Finest Known of This Rare Date
Only Four Proofs Confirmed in All Grades
1850 H10C PR65 NGC. This 1850 proof half dime, a wonderful
Gem from the John Jay Pittman Collection, is an important rarity,
one of only four or five known to exist. Mintage estimates range
from seven to ten pieces, but just three 1850 proof half dimes have
been certified, all by NGC -- a PR64, the Kaufman PR65, and one
other PR65.Most known proof half dimes of the year are examples of Valentine-2, considered a proof-only variety by students of the series. Writing about this variety, Valentine notes that the 18 and 5 touch the base of the rock under Liberty. Walter Breen was apparently the first to note that examples are only known as proofs, as discussed in his supplement to the Valentine reference, published in 1958 as a closing issue of Wayte Raymond's The Coin Collector's Journal.
The following roster is based on the auction appearances of 1850 proof half dimes known to us:
1. PR65 NGC. David Bullowa (5/1952); John Jay Pittman (David Akers, 10/1997), lot 484; The Phil Kaufman Collection of Early Seated Proof Sets, Part Two / FUN Signature (Heritage, 1/2008), lot 3033. The present coin.
2. PR65 NGC. Orlando Sale (Stack's, 1/2009), lot 217.
3. Gem Brilliant Proof, Uncertified. Virgil Brand; New Netherlands Coin Co. (52nd Sale, 12/1958), lot 379; Goldberg Coins (2/2003), lot 303; Stack's (6/2004), lot 4194. The cataloger for New Netherlands notes the variety was unknown to Valentine, identified by the numerous parallel die scratches below and right of the date: "The only one we have seen from these dies, though about four or five other proofs are known from the dies of V-2."
4. Proof. Will W. Neil (B. Max Mehl, 6/1947), lot 1628; Stack's (6/1998), lot 1148.
5. Proof. Stack's (11/1995), lot 1162.
Additional Appearances:
A. Proof. Valentine plate. Only the obverse is plated in Valentine.
B. Proof. Heman Ely (W. Elliot Woodward, 1/1884), lot 959; John Work Garrett; Johns Hopkins University (Stack's, 3/1976), lot 109.
C. Proof. Golden I (Kreisberg Schulman, 2/1962), lot 910
D. Proof. Numisma (7/1954)
E. Proof. NN34: 463, impaired.
Extraordinary cobalt-blue, beige-gold, and violet toning graces each side of this impressive Gem, and the strike is strong, including complete separation between Liberty's foot and the sandal. The fields are well-mirrored, and yield noticeable contrast with the motifs when the piece is tilted under a light. Nicely preserved surfaces reveal a clash mark within the M of DIME, and numerous die polish lies are visible in the fields, along with a few unobtrusive hairlines. The only identifiers we can locate are a couple of tiny marks below the cap and another to the right of Liberty's neck. An extremely rare issue, examples of which do not frequently become available for sale.(Registry values: P3)
Coin Index Numbers: (NGC ID# 235J, PCGS# 4426, Greysheet# 3881)
Weight: 1.34 grams
Metal: 90% Silver, 10% Copper
Auction Info
2014 February 27 - 28 & March 2 ANA National Money Show US Coins Signature Auction - Atlanta #1203 (go to Auction Home page)
Auction Dates
Feb-Mar, 2014
27th-2nd
Thursday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 968
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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