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    1848 Seated Liberty Half Dollar, PR65
    Extremely Rare Early Proof
    Tied for Finest at PCGS
    Ex: Eugene Gardner

    1848 50C PR65 PCGS. WB-101. The 1848 proof Seated Liberty half dollar is an extremely rare issue from the era before the Mint began commercial proof set offerings in 1858. No mintage figures were recorded for proofs during that time frame, but the production was certainly small. In The Complete Guide to Liberty Seated Half Dollars, Randy Wiley and Bill Bugert estimated the surviving population at fewer than four examples in all grades. PCGS CoinFacts is a little more generous in their estimate of "4-6 examples known." We have traced six specimens in our roster below, along with several earlier appearances that may, or may not, be duplicate citations of the coins in the main roster.

    The present coin is a gorgeous Gem proof with razor-sharp strike definition and multiple layers of lovely original toning over both sides, including variegated shades of gold, sky-blue, russet-red, and lavender, among others. A few faint lines of uncertain origin are noted in the right obverse field, but they are largely concealed by the rich patina. The fields exhibit deep, glassy reflectivity, especially when the coin is rotated beneath a strong light source. This coin was once a highlight of the fabulous Eugene Gardner collection. It should find a home in the finest collection of Seated Liberty half dollars. This coin is pictured on PCGS CoinFacts. Population: 2 in 65, 0 finer (8/21).

    1848 Proof Seated Liberty Half Dollar Roster
    Grades are per the last auction appearance unless a more recent certification event is known.
    1. PR65 PCGS.
    Burdette G. Johnson Collection (Spink America, 6/1997), lot 171; Eugene Gardner; Gardner Collection, Part I (Heritage, 6/2014), lot 30530; the present coin.
    2. PR65 PCGS. Possibly the coin exhibited by Howard Rounds Newcomb at the 1914 ANS Exhibition; Newcomb Collection, Part II (Morgenthau, 5/1945), lot 859; John Jay Pittman Collection (David Akers, 5/1998), lot 1534; Phil Kaufman Collection / ANA Signature (Heritage, 7-8/2008), lot 1819 (as PR66 NGC), realized $74,750; Greensboro Collection; FUN Signature (Heritage, 1/2013), lot 5663 (as PR66 NGC), realized $55,812.50; Summer FUN Signature (Heritage, 7/2013), lot 3168, realized $70,500; Internet Auction #794 (David Lawrence Rare Coins, 3/2014), lot 533, realized $67,500.
    3. PR64 NGC. Harlan Page Smith (S.H. & H. Chapman, 5/1906), lot 689; John H. Clapp; Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 4/1997), lot 1944; Long Beach Signature (Heritage, 9/2008), lot 2246; Los Angeles Signature (Heritage, 8/2009), lot 1126.
    4. Brilliant Choice Proof. Adolph Friedman; 1949 ANA Sale (Numismatic Gallery, 8/1949), lot 1505; R.T. McPherson Collection (Stack's, 2/1953), lot 933; Empire Collection (Stack's, 11/1957), lot 1383; Lester Merkin (2/1971), lot 751; Armand Champa Collection (American Auction Association, 5/1972), lot 890; Reed Hawn Collection (Stack's, 8/1973), lot 165; Paramount Rare Coin List #11 (10/1975), per David Akers.
    5. Gem Brilliant Proof. Virgil Brand Collection; Horace Brand; Stack's; Wayte Raymond purchased this coin in October 1952 for $35; Spring Sale (Stack's, 4/1978), lot 641; George "Buddy" Byers Collection (Stack's, 10/2006), lot 1147.
    6. Proof. Smithsonian Institution.

    Additional Appearances
    A. Brilliant Proof. Colonel E.H.R. Green; F.C.C. Boyd; World's Greatest Collection (Numismatic Gallery, 4/1945), lot 294.
    B. Proof. A specimen mentioned by Walter Breen, owned by the A-Mark Corporation.
    C. Proof. Lorin G. Parmelee; Parmelee Collection (New York Coin & Stamp, 6/1890), lot 1190.
    D. Proof. Joseph Mickley Collection (W. Elliot Woodward, 10/1867), lot 1718, part of a five-piece silver proof set.
    E. Proof. Thomas Cleneay Collection (S.H. & H. Chapman, 12/1890), lot 840, part of a seven-piece silver and minor proof set.
    F. Proof. Richard B. Winsor Collection (S.H. & H. Chapman, 12/1895), lot 1069, part of a seven-piece silver and minor proof set.
    G. Brilliant Proof. Matthew Stickney Collection (Henry Chapman, 6/1907), lot 1056.
    H. Proof. Matthew Stickney Collection (Henry Chapman, 6/1907), lot 1792, part of a seven-piece silver and minor proof set.
    I. Splendid Proof. John F. McCoy Collection (W. Elliot Woodward, 5/1863), lot 375, part of a five-piece silver proof set, sold to J.N.T. Levick for $50.

    Coin Index Numbers: (NGC ID# 27TA, PCGS# 6392)

    Weight: 13.36 grams

    Metal: 90% Silver, 10% Copper

    View Certification Details from PCGS

    Auction Info

    Auction Dates
    October, 2021
    7th-10th Thursday-Sunday
    Bids + Registered Phone Bidders: 34
    Lot Tracking Activity: N/A
    Page Views: 919

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    The Draped Bust Half Dollars of 1796-1797 by Jon Amato

    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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