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    Description

    1802 O-101 Half Dollar, AU58
    Only One Finer at NGC
    The Key Heraldic Eagle Half Dollar

    1802 50C AU58 PCGS. CAC. O-101, R.2. The first half dollars coined at Philadelphia appeared late in 1794, with a large production the following year, continuing the original Flowing Hair design. Gilbert Stuart's Draped Bust concept appeared on half dollars in 1796 and 1797, featuring a Small Eagle reverse, and those coins are quite rare. After a brief intermission, the Draped Bust design resumed with a Heraldic Eagle reverse in 1801, and continued through early 1807, skipping coinage dated 1804. The first two issues, 1801 and 1802, are the key dates of that short lived design type. Only a single variety is known for 1802, and Mint records indicate a production of 29,890 coins. Based on the number of survivors, it is quite likely that that figure represents the true mintage of 1802-dated half dollars.

    This example shows faded clash marks on the reverse, although there is no discussion of die states in the Overton reference. It is perhaps surprising that the dies for this single variety were apparently not used in 1803, based on the number of surviving specimens. Perhaps 700 to 800 examples survive in all grades, and high-grade examples are quite rare. The combined PCGS and NGC population data shows 287 examples in all grades with an average grade of VF30. There are just 10 certification events in AU58, and only three finer submissions (7/13).

    This lovely near-Mint specimen has flashes of brilliant mint luster around the protected areas, visible through the lovely gold, blue and iridescent toning on each side. The strike is bold and the eye appeal is exceptional. Here is an important opportunity for the advanced early half dollar specialist. Population: 7 in 58, 2 finer (7/13).(Registry values: N1) (NGC ID# 24EE, PCGS# 6065)

    Weight: 13.48 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 Info

    Auction Dates
    August, 2013
    8th-10th Thursday-Saturday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 1,427

    Buyer's Premium per Lot:
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    The Draped Bust Half Dollars of 1796-1797 by Jon Amato

    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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