LOT #3643 |
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1836 50C Lettered Edge PR63 NGC. O-101, R.1, likely Low R.7 as a proof. ...
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Sold on Jun 2, 2011 for:
$27,600.00
Bid Source: Internet bidder
Description
Memorable 1836 Lettered Edge
Half Dollar, O-101, PR63
Ex: Eliasberg, R.7 as a Proof
1836 50C Lettered Edge PR63 NGC. O-101, R.1, likely Low R.7 as a
proof. Ex: Eliasberg. This is an early die state of the O-101
die pairing, showing a small tine of metal on the right loop of the
6 in the date, sharp recutting on stars 6, 7, and 11, and two small
die lines protruding from the end of Liberty's nose. On the reverse
the segments are separated above the last S in STATES, but
recutting shows on the left stand of N.This is a common variety as a business strike, but extremely rare as a proof. PCGS has certified nine coins (less duplicates) of the 1836 Lettered Edge, including five in PR63, but only one is attributed as to variety, an O-109 in PR65. At NGC there are eight examples certified, including the present PR63 and six pieces finer (4/11). Of course, all those figures are subject to a critical eye due to crossovers and resubmissions. The Eliasberg catalogers described the coin thusly:
"Rarity-7 or 8 as a Proof striking. Proof-63. A pleasing specimen with full mirror fields, delicately toned, giving way to splashes of electric blue [at] the borders. Brilliant with delicate toning. A splendid coin and in Proof finish, a notable rarity."
That description still holds true today, attesting to the coin's unfooled-with originality. In particular, the fully mirrored fields provide immediate confirmation of this piece's proof status, at least as that term can be applied to pre-1850s coinage. A memorable example from a classic era of U.S. numismatics, and pedigreed to a classic collection of U.S. coins.
Ex: Louis E. Eliasberg, Sr.; Eliasberg Collection (Bowers and Merena, 4/1997), lot 1901; LaBelle Collection (American Numismatic Rarities, 7/2005), lot 1162, which realized $28,750.
Coin Index Numbers: (NGC ID# 24GG, PCGS# 6221, Greysheet# 6216)
Weight: 13.48 grams
Metal: 89.24% Silver, 10.76% Copper
Auction Info
2011 June Long Beach Signature US Coin Auction #1156 (go to Auction Home page)
Auction Dates
June, 2011
2nd-5th
Thursday-Sunday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 3,948
Buyer's Premium per Lot:
15% of the successful bid per lot.
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