Mint State 1796/5 Half Dime, Rare V-2 Die Marriage

    1796/5 H10C MS 62 NGC. V-2, LM-2, R.6. Although no 1795 dated Draped Bust half dimes were produced, the Philadelphia Mint obviously prepared at least one obverse die with this date. A 6 was recut over the 5 and the die was pressed into service to deliver an unknown, although presumably small percentage of the 10,230 Draped Bust half dimes produced in 1796. Not only is this die marriage rare in an absolute sense, but most known examples are well worn. The Eliasberg specimen was once considered the finest known representative of V-2. That coin was graded MS 61/62 by Bowers and realized $28,600 as lot 895 in the Louis E. Eliasberg. Sr. Collection (Bowers & Merena, 5/96). The coin that we have the pleasure of offering here is similar in technical quality to the Eliasberg specimen, but the latter coin displays several distracting adjustment marks over Liberty's portrait, this NGC certified example is uncommonly smooth for the grade. This is not to say that the surfaces are perfect, as scattered abrasions are present on both sides. The strike is bold everywhere except over the lower part of the eagle's portrait. Original toning manifests itself in steel-lilac patina with scintillating electric-blue and crimson undertones. A long overlooked rarity, this coin would be the centerpiece of any half dime collection.
    From the Bob Bisanz U.S. Type Set. (NGC ID# 22ZY, PCGS# 4255)

    Weight: 1.35 grams

    Metal: 89.24% Silver, 10.76% Copper

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

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    Auction Dates
    January, 2001
    4th-6th Thursday-Saturday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 123
    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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