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1892-O 50C -- Improperly Cleaned -- NGC Details. Unc....

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Sold on Nov 8, 2018 for:
$10,800.00 Bid Source: HA.com/Live bidder
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Description

1892-O Half Dollar, Unc Details
Liquidlike Mirroring in the Fields
Attractive Reverse Toning

1892-O 50C -- Improperly Cleaned -- NGC Details. Unc. When we offered this remarkable 1892-O Barber half dollar in the 2011 Central States Signature, it was accompanied by a typed letter, signed by Walter Breen, declaring it a branch mint proof, or what some collectors today would consider a specimen strike. Indeed, the mirroring in the fields is liquidlike, reminiscent of the watery fields of a SP66★ NGC coin that we sold in a more recent Central States Signature (Heritage, 4/2013), lot 4291, for more than $108,000. The depth of mirroring on this coin is remarkable for a circulation strike, and the sharpness of the strike throughout the stars and central devices gives the undeniable appearance of a proof. The only oddity is the New Orleans mintmark. After studying high-resolution images of the SP66★ coin, we believe that this piece was struck from different dies -- based off of several die polish lines in the reverse field and faint clash marks on this coin. Nonetheless, we cannot ignore the prooflike qualities, nor the possibility that this piece was struck as a presentation coin of some sort.

Hairlines on both sides betray a light cleaning, which keeps this coin from a numeric grade. These hairlines are mostly on the obverse amid light golden toning. The reverse displays vivid ocean-blue and violet border toning around an orange-gold interior. Even if this coin is nothing more than a deeply prooflike circulation strike, it is undeniably special -- the strike quality and eye appeal of this lightly cleaned 1892-O Barber half dollar surpass that of most problem-free circulation strikes known. At the very least, it deserves a premium bid on that attribute alone.
Ex: Central States Signature (Heritage, 4/2011), lot 5193, which realized $12,650.
From The Gary Verner Collection.

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Auction Info

2018 November 8 - 11 US Coins Signature Auction - Dallas #1281 (go to Auction Home page)
Auction Dates
November, 2018
8th-11th Thursday-Sunday
Bids + Registered Phone Bidders: 21
Lot Tracking Activity: N/A
Page Views: 378

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Sold on Nov 8, 2018 for: $10,800.00
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