LOT #1113 |
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1802 50C AU58 PCGS....
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Sold on Jul 31, 2009 for:
$41,687.50
Bid Source: Live: Floor bidder
Description
Condition Census 1802 O-101 Half Dollar, AU58
1802 50C AU58 PCGS. O-101, R.3. Boasting the lowest mintage
of any Heraldic Eagle half dollar, just 29,980 pieces, the 1802 has
long been a comparatively unheralded issue among early issues of
the denomination and an extremely elusive date in AU and finer
grades. Only one obverse and one reverse die were used to produce
this year, and the same obverse and reverse master dies used in
1801 were used to make the 1802 working dies. Not only is the coin
offered here uncommonly high grade for this low mintage scarcity,
but the originality of the piece and its almost total lack of
distractions sets it apart from the few remaining survivors.While the mintage was low for the series, the Condition Census is also remarkably low. The finest examples are a pair of MS60 pieces, followed by four at the AU58 level. The Queller half is at the top of the Condition Census, and Jules Reiver's example was an AU55.
Both sides are layered in gunmetal, copper-gold, and sea-green toning and beneath the color are considerable remnants of luster. Often accompanied by adjustment marks, this piece appears to have escaped that distraction, and only incidental abrasions are noted in the lower left obverse field. The centers are sharply defined on each side, while the peripheries are somewhat softly struck. A spectacular find for the early half dollar specialist. Population: 6 in 58, 2 finer (11/06).(Registry values: N1)
Coin Index Numbers: (PCGS# 6065, GSID# 6129)
Metal: 89.24% Silver, 10.76% Copper
Weight: 13.48 grams
ASW: 0.38676oz
Mintage: 29,890
Auction Info
2009 August Los Angeles, CA US Coin Auction #1128 (go to Auction Home page)
Auction Dates
Jul-Aug, 2009
31st-2nd
Friday-Sunday
Bids + Registered Phone Bidders: 6
Lot Tracking Activity: N/A
Page Views: 1,076
Buyer's Premium per Lot:
15% of the successful bid per lot.
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