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1936-S 50C Cincinnati MS67 PCGS....
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Sold on Mar 4, 2016 for:
$11,162.50
Bid Source: HA.com/Live bidder
Description
1936-S Cincinnati Half Dollar, MS67
Among the Finest at Both Services
1936-S 50C Cincinnati MS67 PCGS. Prominent numismatist
Thomas G. Melish takes his place in history as the originator of
1936 Cincinnati commemorative half dollars. Unfortunately, the
circumstances surrounding the coins' conception and production were
questionable. The issue supposedly celebrated the city's 50-year
contribution to the art of music. However, the ploy was a
money-making scheme through and through. Sets could be acquired for
a then-record high of $7.75, and thousands were withheld and sold
on the secondary market for significant premiums. Initially, Melish
even sought to distribute production across the three mints such
that the Denver issue would be great rarity, resulting in greater
profits. Instead, each facility coined 5,000 Cincinnati halves plus
a small number of assay pieces.Remarkably, this Superb Gem is one of eight top-graded survivors, the population being split equally between the two leading certification firms (1/16). Softly frosted surfaces have largely brilliant interiors that cede to dappled specks of multicolor patina around the borders. A few trivial marks are visible only with magnification.(Registry values: N4719)
Coin Index Numbers: (NGC ID# BYCL, PCGS# 9285, Greysheet# 10295)
Weight: 12.50 grams
Metal: 90% Silver, 10% Copper
Auction Info
2016 March 3 - 6 ANA US Coins Signature Auction - Dallas #1233 (go to Auction Home page)
Auction Dates
March, 2016
3rd-6th
Thursday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 930
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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