LOT #5630 |
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1797 50C VG8 PCGS. O-101a, High R.4....
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Sold on Aug 9, 2013 for:
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Description
1797 Draped Bust Half Dollar, O-101a, VG8
Late Die State
1797 50C VG8 PCGS. O-101a, High R.4. The Draped Bust Small
Eagle half dollar, bearing the date 1796 or 1797, is a "must have"
coin for collectors attempting to complete a type collection of
U.S. coins. The paltry mintage of 3,918 pieces, low survival rate
of fewer than 300 specimens, and intense demand by type and
date/variety specialists result in the 1796-1797 half having the
highest price in most grades of all type coins, irrespective of
metal content. Even well-worn pieces with impairments bring
five-figure prices in today's market, and mid- and high-grade
examples are out of reach for most collectors. The lower-grade 1797
Very Good 8 offering in the present lot is thus an excellent choice
for acquiring an acceptable example of this coveted design
type.The obverse is relatively well-defined for the designated grade. Liberty's hair, while heavily worn, still shows some separation of hair strands and is completely separated from the shoulder. The eye and ear show clearly, as do portions of the hair ribbon. Indeed, it is the opinion of this cataloger that the obverse grades at least VG10, and may have claims to Fine 12. The reverse lettering is strong save for indistinctness in CA of AMERICA, and parts of the right (facing) wing are merging with the field. The wreath and fraction exhibit nice detail. Both sides display light gray patina overall with darker accents surrounding the devices. Light pinscratches can be seen with magnification on both obverse and reverse, but are undistracting. The die crack traveling through the bottom of ST in STATES and intersecting the crack from the rim at 9:30 attests to the terminal (or near terminal) state of the reverse die. A prominent planchet lamination that extends from the D in UNITED to the eagle's lower neck will help identify the coin. This is an extremely important opportunity for the advanced type or date/variety specialist.
This coin is unlisted in The Draped Bust Half Dollars of 1796-1797 reference work by Jon Amato, edited by Jim Halperin and Mark Van Winkle.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 24EC, PCGS# 6060, Greysheet# 6127)
Weight: 13.48 grams
Metal: 89.24% Silver, 10.76% Copper
Auction Info
2013 August 8 - 10 US Coins Signature Auction - Rosemont #1188 (go to Auction Home page)
Auction Dates
August, 2013
8th-10th
Thursday-Saturday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 1,907
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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