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LOT #4193  | 
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1806 50C Pointed 6, Stem, O-123, T-23, Low R.5, MS64 NGC....

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Sold on Jan 9, 2020 for:
$16,200.00 Bid Source: Internet bidder
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Description

1806 Draped Bust Half, MS64
Finest Known O-123, Outstanding Toning

1806 50C Pointed 6, Stem, O-123, T-23, Low R.5, MS64 NGC. Ex: "Col." E.H.R. Green. The present coin is the finest known example of the O-123. The peripheral design elements are all sharply detailed. Vibrant mint luster shines through vivid shades of cobalt-blue and golden-brown toning, creating exceptional eye appeal. The eagle's head and curls below Liberty's ear are soft, as on most examples of the die pair.

The United States had no dependable domestic source of gold in the early 19th century, so mintages of gold coins were necessarily small. As the largest circulating silver coin, the half dollar was the most convenient option for banks to use as currency reserves and for businesses to settle large transactions. The 1806 Draped Bust half dollar was produced in large numbers to serve these purposes. Thirty die varieties are known for the date.
Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $7.50; Eric P. Newman Numismatic Education Society (Heritage, 11/2013), lot 33432; FUN Signature (Heritage, 1/2015), lot 4126.

Coin Index Numbers: (NGC ID# 24EJ, Variety PCGS# 39329, Base PCGS# 6071, Greysheet# 194121)

Weight: 13.48 grams

Metal: 89.24% Silver, 10.76% Copper

View Certification Details from NGC

Auction Info

2020 January 8 - 12 FUN US Coins Signature Auction - Orlando #1311 (go to Auction Home page)
Auction Dates
January, 2020
8th-12th Wednesday-Sunday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 397

Buyer's Premium per Lot:
20% of the successful bid per lot.

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Sold on Jan 9, 2020 for: $16,200.00
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