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    1796 V-1, LM-1 Half Dime, MS61
    So-Called 'LIKERTY' Variety

    1796 H10C LIKERTY, V-1, LM-1, R.3, MS61 NGC. Not a lick of "LIKERTY" is used to describe the LM-1 variety in the Logan-McCloskey reference, although the well-known label has stuck with the variety over the years. In fact, the late die state showing a broken B in LIBERTY does not resemble a K all that much, and remnants of the closed B are usually visible on most examples. This well-struck example shows a narrow bridge spanning both the upper and lower loops of the B.

    A more reliable characteristic of the LM-1 variety is the closeness of LI at the base, which is easily distinct from the scarce second die pair for the date (LM-2), which displays a more normally spaced LIBERTY. A single outer berry beneath the D of UNITED is also diagnostic of LM-1, whereas LM-2 has a second outer berry between NI. Both varieties are rare in any Mint State condition.

    This example shows glimpses of pleasing mint luster beneath original patination, with golden accents over the medium-gray surfaces. Bold detail is evident on Liberty's hair strands and the eagle's breast feathers. The only significant marks are from heavy die clash, which is readily apparent on both sides of the coin. Census (LM-1 variety): 2 in 61, 12 finer (10/14). (NGC ID# 22ZX, Variety PCGS# 38596, Base PCGS# 4254)

    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
    November, 2014
    6th-10th Thursday-Monday
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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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