1837 50C GR-17, R.1, MS67 PCGS. CAC....

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1837 GR-17 Half Dollar, MS67
Modified Reeded Edge Design

1837 50C GR-17, R.1, MS67 PCGS. CAC. Ex: O'Neal. The Capped Bust design that was in production from 1807 to 1836 with a lettered edge was modified in that final year to accommodate the innovation of steam-powered coinage that was introduced at the Philadelphia Mint in 1836. The modified designs, including two different presentations of the denomination, continued in production for just four years until the Seated Liberty design was implemented in 1839. The differences are sufficient to consider the Capped Bust, Reeded Edge coins a distinct type. In A Registry of die Varieties of Reeded Edge Half Dollars 1836-1839, Dick Graham writes: "The differences between the series appear to overwhelm the ability of the shared characteristics to unite them."

The short-lived Capped Bust, Reeded Edge series saw a significant mintage of nearly 9 million coins for the four years. Unsurprisingly, that production resulted in a substantial number of die varieties, in excess of 55 according to Graham's reference. Most of today's survivors are apt to be in lower Mint State grades. High-grade examples of the 1837 Reeded Edge half dollar are elusive, with only five pieces assigned a grade of MS67 at NGC and PCGS, combined. In fact, only seven examples are NGC and PCGS graded MS67 for the entire type issued from 1836 to 1839.

This Superb Gem features a bold strike, save for weakness at the first four stars. The brilliant surfaces display frosty mint luster and wispy champagne toning, but both sides are essentially untoned. The present offering represents an important opportunity for the collector of 19th century silver type coins. Population: 3 in 67, 0 finer. CAC: 2 in 67, 0 finer (10/22).
Ex: Central States Signature (Heritage, 4/2015), lot 5082.
The Jim O'Neal Collection of U.S. Half Dollar Types.

Coin Index Numbers: (Variety PCGS# 531063, Base PCGS# 6176, Greysheet# 375303)

Weight: 13.36 grams

Metal: 90% Silver, 10% Cooper

View all of [The Jim O'Neal Collection of U.S. Half Dollar Types ]

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