LOT #98466 |
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1847 50C MS65 PCGS. WB-103....
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Sold on May 12, 2015 for:
$8,812.50
Bid Source: Internet bidder
Description
1847 Seated Half, MS65
WB-103, Lustrous Condition Rarity
1847 50C MS65 PCGS. WB-103. Despite a mintage of nearly 1.2
million pieces, this 1847 Philadelphia half is a well-known
condition rarity in Gem or finer grades. Vibrant silver luster
cascades over the frosty surfaces of this example, with a blush of
light reddish-gold toning at the centers of each side. The strike
is uncompromisingly bold throughout. A small mark on Liberty's
cheek is noted, but otherwise the fields and devices are smooth and
problem-free.Variety: WB-103. Probably R.6 in this Gem condition. The 7 in the date is recut north. A few faint die cracks link the left stars one to the next, and a pair of light cracks frame the date. Additional cracks traverse the reverse legend and arrowheads.
Population Data (4/15): A half-dozen pieces are certified MS65 by PCGS with one MS66 finer. NGC reports two MS65 and a single MS66.
Heritage Commentary: No one has adequately explained the scarcity of this issue not only in high grades but across the board, since it is a slightly better date in all conditions. Collectors of the day were few, so comparatively few nice specimens of just about all Seated halves were put aside (which underscores the remarkable achievement of Gene Gardner in assembling high-grade collections of all the Seated series).
Consignor Commentary: The Sweet/Thomas coin auctioned by Heritage in 2009 was the finest graded in MS67 NGC, but it seems to have disappeared from the charts. There is currently just one coin at each service at the MS66 level.
Provenance: Purchased from Legend Numismatics (10/2003).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 24HA, PCGS# 6257, Greysheet# 6265)
Weight: 13.36 grams
Metal: 90% Silver, 10% Copper
Auction Info
2015 May 12 The Eugene H. Gardner Collection III US Coins Signature Auction - New York #1228 (go to Auction Home page)
Auction Dates
May, 2015
12th
Tuesday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 1,045
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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