Extremely Rare 1842 Proof Half Dollar--PR65--Ex: Norweb1842 50C PR65 NGC. Ex: Norweb. The obverse is toned in attractive champagne-golden shadings while the reverse is much deeper with mottled blue and gray coloration over that side. A tiny, identifying nick is seen in the fields near the drapery; otherwise the surfaces are exceptionally clean and problem-free. According to Walter Breen, only four proofs exist:
1. Smithsonian Institution.
2. American Numismatic Society.
3. The Norweb coin, offered here.
4. A coin from Fred Boyd's collection, also ex: WGC: 255; Adolph Friedman, 1946 ANA: 816; E. M. Seneca (Stack's, 3/65).
Like the proof Quarters of the same date, proof 1842 Halves seem to have all been struck from Small Date dies. A Large Date variant was reportedly offered in the Brand-Lichtenfels Sale, but this remains unverified. The difference between the Small Date Quarters and Halves is that the Half Dollars are known (but scarce) as business strikes with the smaller date variant. Proof 1842 Halves are extremely rare, as one can see from the roster above, and the offering of this coin presents a rare opportunity for the specialist to acquire one of only two pieces known outside institutional holdings.
Purchased by Albert Fairchild Holden, circa 1908; ex: Norweb III (Bowers and Merena, 11/88), lot 3131, where it realized $14,300. (NGC ID# 27T4, PCGS# 6386)
Weight: 13.36 grams
Metal: 90% Silver, 10% Copper
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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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