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    Description

    Toned Gem 1795 Half Dime From the Very Rare V-8 Dies

    1795 H10C MS65 NGC. V-8, LM-7, R.6. This very rare variety shows the diagnostic rim to rim die crack on the obverse that passes through the lowest curl and terminates left of the T in LIBERTY. It is also attributable by the small lump on Liberty's jaw just right of the center dot. Additionally, star 1 touches both curls 1 and 2 and star 2 nearly touches curl 3. On the reverse, three berries are left and four right. The diagnostic die line is clearly seen in the field from the berry located between D and S. Another die line extends from the stem to the left edge of the first A. Breen estimated that only 5 pieces were extant at the time of the publication of his proof Encyclopedia in 1988. The always-controversial Robert Hilt estimated in 1980 that 14 pieces were extant, but this number undoubtedly included duplicates. Probably no more than six pieces are known today in all grades. Our records indicate we have only offered two distinct specimens over the past decade.
    This may well be the finest business strike of this variety known. With this coin we intentionally emphasize the word "business strike" as Eliasberg also had a V-8, an MS67 example, but his coin was apparently a unique specimen striking, and it brought $50,600 almost seven years ago. That specimen coin had no adjustment marks. However, the plate coin in the Logan-McCloskey reference shows very heavy adjustment marks over Liberty's face. This coin has none on the obverse but numerous marks are seen in the center of the reverse. The fields on this piece are bright and show a significant amount of reflectivity which is readily apparent even through the multiple layers of gray and cobalt-blue toning that cover each side. This, of course, indicates that this piece was struck shortly after the Eliasberg specimen coin, and may in fact have been set aside at the same time in 1795. The definition on Liberty's hair is uncommonly strong, but the eagle's breast shows the usual weakness one would expect; otherwise, the design elements are very boldly defined on each side. Close examination of this coin demonstrates that it has never been handled, in the channels of commerce or in dealers' showcases. It lacks the "tired" look some Uncirculated coins have, and except for the deep toning, appears as fresh and lively as it did when it was struck 208 years ago. It will be interesting to see how the marketplace perceives and values this important early Half Dime.
    From the Bay Area Collection. (NGC ID# 22ZV, PCGS# 4251)

    Weight: 1.35 grams

    Metal: 89.24% Silver, 10.76% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Bay Area Collection, Part 1 ]

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    Auction Dates
    March, 2003
    20th-22nd Thursday-Saturday
    Bids + Registered Phone Bidders: 13
    Lot Tracking Activity: N/A
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    Numismatic Background and Census of 1802 Half Dimes: A Classic American Rarity
    This 64-page book cites mintage and rarity estimates by prominent numismatists and documents the currently known 1802 half dime appearances. Each of the 32 documented examples includes an enlarged obverse/reverse photograph, the author's assigned grade, the provenance of each coin, auction prices realized or dealer fixed asking price, and a unique serial number for each specimen that will facilitate retrieval for research, cataloging, or price-information purposes. Reserve your copy of this remarkable volume for just $29.95 today.
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