1831 50C Genuine PCGS....

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Affordable 1831 O-120 Half, Good 6 Details

1831 50C Genuine PCGS. O-120, R.6. The large die bulge in the left obverse field, between the bust and the first four stars, usually identifies the variety. The obverse has a short die crack from the border below the 8 to the base of 31. The obverse only appears on 1831 O-120, while the reverse was used earlier for 1830 O-109 and 1831 O-107.
Perhaps 20 to 25 examples of O-120 exist in all grades. The variety was discovered by Donald Gunnet in 1970, shortly after the second edition of Overton was published. As an increasing number of variety collectors began searching, the new die marriage went from R.8 to R.7, and now R.6. Only one or two of these appear in auction sales each year, and demand for those coins ensures strong competition.
Good 6 Details, Altered Surfaces. Well worn with pewter-gray surfaces, both sides of this example have noticeable scratches and other impairments. However, it is still an attractive piece for the grade and should prove to be an affordable example of the variety.
From The Donald R. Frederick Collection of Early U.S. Coinage: Bayside Part II.

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