1795 Half, O-130, MS61
1795 50C 2 Leaves MS61 NGC. O-130, R.5. The O-130 is easily
distinguished by the 7-10 berry arrangement on the reverse, the
only such for the year. The O and C are recut, and a small die
crack runs through S OF AMER. On the obverse the point of star 1
pierces through the lowest curl, which forms an "open hook with a
blunt end" (Overton, fourth edition). The point of star 2 is near
the next-to-lowest curl, and the point of the bust is centered
between two points of star 15 and close to it.
Lower Condition Census Example
The recorded mintage of 299,680 half dollars was accomplished using 19 obverse and 22 reverse dies, mated in a total of 32 separate die pairings (or possibly 31; the existence of O-118 is unconfirmed). The O-130 is of middling rarity in the grand scheme of 1795 half dollars, as most die pairings are R.4 or higher, with only a couple of R.3s to prevent collectors from despairing of obtaining a nice piece of any variety. As a condition rarity, this piece is, of course, High R.7 or "extremely rare" when one presents both the variety rarity and grade in one expression.
The Condition Census as presented in the third edition of Overton was woefully inadequate, listed as (40, 30, 25, 25, 20). The fourth edition (2005) could have seen a lot more updating, listing coins in (50, 40, 30, 25, 25) for the Census--despite our offering of an MS63 NGC coin in June 2001 (Long Beach Signature Auction #263, lot 8344); the Akers-Stack's offerings (1998-2002) of the Pittman-Hain (same) coin, graded MS62 raw and now in an AU58 PCGS slab; the 1999 Stack's Dombrowski-Orwen MS60 piece, ex: Bareford. The current Condition Census thus appears to be (63, 62, 62, 61, 60), with this piece occupying fourth place in the Census.
This is a deeply toned example that shows varying shades of rose, lilac, and gray patina on each side. Satiny mint luster is seen under the multiple layers of toning. The obverse is sharply defined, while the reverse is softly detailed on the eagle's breast. The strike shows some localized weakness also, with uneven definition at the bottom of the obverse and top of the reverse, which we interpret as a misaligned pair of dies. Magnification reveals several small abrasions but none are immediately apparent to the unaided eye, thus we will not mention any individually.(Registry values: N7079) (NGC ID# 24E7, PCGS# 6052)
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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.
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