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1795/1795 50C Recut Date, Three Leaves AU58 NGC. O-111, High R.4....
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Description
1795 O-111 Half Dollar, AU58
Three Leaves Reverse
Possibly the Finest Known
Obverse Plated in Beistle
1795/1795 50C Recut Date, Three Leaves AU58 NGC. O-111, High
R.4. Ex: "Col." E.H.R. Green. This near-Mint 1795 Three Leaves
half dollar sports album toning, light silver-gray centers under
splashes of pale gold and peripheral ultramarine toning. Additional
sea-green and hazel toning shows on the reverse. The surfaces are
mildly reflective. Both sides show the usual small handling marks
with more prominent marks near the E in LIBERTY on the obverse and
between STATES OF on the reverse. The obverse has a delicate die
crack joining stars 3 through 6. The reverse has the usual
distinctive die crack across the eagle's left wing and body, with a
co-planar reverse die face. Note that the eagle's details below the
crack are much sharper than those above the crack.The obverse of this example is plated as Obverse 4 in the Beistle reference. This is an important Guide Book variety that enjoys strong demand. The Overton reference rates the die pair as R.3, but most students of the series believe its rarity to be high R.4, with about 100 surviving examples in all grades.
We believe the Newman coin may be the finest known 1795 Three Leaves half dollar. Although an uncertified MS63 example is listed in Overton, we can find no other reference to the coin and are unsure of its existence. Stephen Herrman records a cleaned AU from the Charlton Meyer collection as the finest recently offered for sale. That coin now resides in the Overton Collection. Herrman also lists one XF45 example and a few XF40 coins as having been offered over the last decade. The Eric P. Newman specimen is finer than any of those coins, and represents an extraordinary opportunity for the specialist.
Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $400.00; Eric P. Newman Numismatic Education Society.(Registry values: N4719)
Coin Index Numbers: (PCGS# 6053)
Weight: 13.48 grams
Metal: 89.24% Silver, 10.76% Copper
Auction Info
Buyer's Premium per Lot:
17.5% of the successful bid (minimum $14) per lot.
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
The Draped Bust Half Dollars of 1796-1797 by Jon Amato is the culmination of more than 10 years of research into the Draped Bust Small Eagle half dollar series, one of the most coveted type coins in American numismatics and one about which remarkably little has been written.
This work will be the premier reference for 1796-1797 half dollars for years to come. Institutions having an extensive numismatic library or coin cabinet will find it a valuable complement to their holdings, and catalogers charged with writing up specimens for auction can now have an indispensable source of background and pedigree information. Likewise, coin dealers seeking to purchase one or more '96 or '97 half dollars for a client or for inventory, and collectors who own, have owned, or desire to own one will want this important reference work for their libraries.
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