1854 50C

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Sold on Jul 28, 1994 for:

$23,100.00 Bid Source: Live: Floor bidder

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Description

PCGS 1854 Arrows PR 65. It is quite remarkable that in one sale we have not only 1854 and '55 proof quarters, but now also an 1854 proof half dollar. All three are from the same source and all are similarly toned, suggesting they have resided together under similar conditions for many years. The half dollar in proof is about as rare as the quarter, according to Breen, and he estimates that probably fewer than 20 survive. In his 1977 work on proofs, he listed the pedigrees of only three pieces.
This coin shows all the diagnostics for a proof striking including the high date with the 54 practically touching, extra outlines on some of the stars, and unsupported toe of Liberty.
Proofs struck during this time period were made with less critical standards than those produced only four years later. This piece, like the 1855 proof quarter, does not show complete detailing on the peripheral stars on the obverse. This is a common occurrence on proofs from the "non-commercial" years prior to 1858, and in no way impunes the integrity of the coin as a proof striking. Like the two proof Arrows quarters, this piece is toned in heavy shades of blue and violet on the obverse, and while the same colors are seen on the reverse, there is also a strong underlying rose tinting on that side. The proof mirrors in the fields are very strong and flash brightly when held beneath a light. This is the finest of only four proofs certified to date (6/94) by PCGS, and represents a rare opportunity for the collector of proof 19th century type coins.

Coin Index Numbers: (NGC ID# 27TW, PCGS# 6407, GSID# 6425)

Metal: 90% Silver, 10% Copper
Weight: 12.44 grams
ASW: 0.35996oz
Mintage: 20

View Certification Details from PCGS