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    Description

    1795 Half Dime, MS66
    V-5, LM-8, Multicolor Toning

    1795 H10C V-5, LM-8, R.3, MS66 PCGS Secure. CAC. A die crack nearly bisects the obverse between the Y in LIBERTY and the 7 in the date, continuing across Liberty's nose, cheek, and neck. The obverse die is shared with LM-9, but LM-8 has a berry pair beneath the first T in STATES, and LM-9 shows a berry near the first S in STATES.

    This pristine representative exhibits exceptionally attractive apple-green, cobalt-blue, and lavender patina. The surfaces are glossy with luster, and the strike is bold apart from select portions of the eagle's wings and belly. Although LM-8 ranks among the most accessible die varieties for the second and final Flowing Hair date, the variety is unquestionably rare at the MS66 level. Our auction archives list only a single finer example, the MS67 Prooflike NGC coin offered later in the following lot. Those in pursuit of the highest graded early silver type set must consider the present Premium Gem.

    One wonders how an early Federal silver coin could have survived in such lofty condition. One possibility is that it was saved by Elias Boudinot, the third Mint Director who held his office between October 1795 and July 1805. Boudinot was known to deposit silver bullion with the Mint and request payment in small silver denominations, not because he needed assay service or silver coin, but to help keep Mint employees occupied. Boudinot would melt most of the coins and deposit the bullion again, but especially given his position, he must have been tempted to set aside a few better-made examples for posterity.
    From The Collection of Oliver Jung. (NGC ID# 22ZV, Variety PCGS# 38592, Base 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 Collection of Oliver Jung ]

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    Auction Dates
    August, 2014
    5th-9th Tuesday-Saturday
    Bids + Registered Phone Bidders: 21
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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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