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    1803 Draped Bust Half Dime, XF45
    Small 8, V-3, LM-1 Variety

    1803 H10C Small 8, V-3, LM-1, R.5, XF45 PCGS. The lightly abraded surfaces of this Choice XF specimen display attractive shades of golden-gray toning and the well-detailed design elements show just a touch of actual wear. Traces of mint luster cling to the devices and eye appeal is quite strong.

    Variety: The Small 8 in the date and the leaf joined to the center of C in AMERICA identifies the elusive LM-1 variety.

    Population Data (7/14): PCGS has graded two coins of the LM-1 variety in XF45 and three finer, with MS63 finest. NGC has seen only two LM-1 submissions, one in AU58 and the other in MS62.

    Heritage Commentary: A mintage of 37,850 Draped Bust half dimes was accomplished in 1803, with most of the coins featuring a Large 8 in the date. This coin represents the most elusive die variety for 1803, the LM-1, with a Small 8 in the date and the 3 rotated counterclockwise. PCGS CoinFacts estimates the surviving population of the LM-1 at 25 examples in all grades. PCGS and NGC have combined to certify only five examples in higher numeric grades.

    Provenance: Treasures of the S.S. New York (Stack's, 7/2009), lot 270. (NGC ID# 2329, Variety PCGS# 38610, Base PCGS# 4270)

    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
    October, 2014
    27th Monday
    Bids + Registered Phone Bidders: 9
    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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