1829 H10C PR64 PCGS....

Click the image to load the highest resolution version.

Sold on Feb 5, 2009 for:

$20,700.00 Bid Source: Live: Phone bidder

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

Rare 1829 Half Dime, V-3, LM-2, PR64
Early Proof Issue

1829 H10C PR64 PCGS. V-3, LM-2, R.1. Half dime production was resumed in 1829, after a 24-year hiatus, with a huge mintage of 1.2 million pieces. In Federal Half Dimes 1792-1837, Logan and McCloskey state this decision was part of the political maneuvers centering around the establishment of the Second United States Mint. A small number of proofs were produced this year, and one was found in the cornerstone of the Second Mint building when it was demolished in 1902. Other proofs were produced, possibly to demonstrate the advantages of the close collar, which was used on this denomination for the first time in 1829. The present coin is an example of the LM-2 die variety, characterized by a double dentil at star 1, and three pale gules in the shield on the reverse. The LM-2 variety is probably R.7 in proof, as Walter Breen lists six examples known to him.
The coin offered here is a well-preserved and attractive example of this early proof issue. The strike is sharp, except on the shield where the three gules tend to merge together. The difficulty in striking this feature was so great that the design was changed to display only two gules later in the year. The surfaces are enhanced by iridescent gold, blue, and russet toning. A few scattered handling marks are consistent with the grade. Population: 2 in PR64, 3 finer (12/08).

Coin Index Numbers: (NGC ID# 27CK, PCGS# 4294, Greysheet# 3732)

Weight: 1.35 grams

Metal: 89.24% Silver, 10.76% Copper

View Certification Details from PCGS