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1854 H10C Arrows PR65 PCGS. CAC....
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Description
1854 Arrows Half Dime, Toned PR65
Only 12 to 16 Proofs Believed Known
Ex: Pittman
1854 H10C Arrows PR65 PCGS. CAC. The proof 1854 half dime is
a rare and underappreciated issue, scarcer even than the certified
population reports suggest. PCGS and NGC list a combined 24 grading
events, which may reflect up to twice as many coins as are actually
known. An estimate of 12 to 16 coins is not out of the question,
although David Akers suggested as many as 15 to 20 pieces were
extant. Any study of this issue's rarity must take into account
that one piece is permanently impounded in the Smithsonian
Institution.The Pittman coin is one of only a small handful of pieces that exist in Gem or finer condition, and its quality is first-rate. The strike is bold and the fields exhibit glass-like mirroring. The obverse exhibits mottled amber-gold and olive toning overall, with deeper blue and violet hues also seen around the periphery. The reverse is more evenly colored with central shades of lavender-blue and peripheral olive-gold toning. The collector of pre-1858 proof silver would be hard-pressed to locate a finer example of this important rarity.
Ex: Wayte Raymond (2/1946), lot 448, to John Jay Pittman at $20.00; John Jay Pittman Collection, Part I (David Akers, 10/1997), lot 498, which realized $38,500.(Registry values: P3)
Coin Index Numbers: (NGC ID# 235S, PCGS# 4432)
Weight: 1.24 grams
Metal: 90% Silver, 10% Copper
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