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1856 50C PR65 NGC. WB-101....
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Description
1856 Seated Half, PR65
Rare Early Proof, Only Two Finer at NGC
1856 50C PR65 NGC. WB-101. Ex: "Col." E.H.R. Green. The
mintage of 1856 proof Seated Liberty half dollars was not recorded,
but it was undoubtedly small. Walter Breen believed the half dollar
was the rarest proof denomination of the year, and the Wiley-Bugert
reference estimates less than 25 examples survive in all grades
today. NGC and PCGS have combined to certify a total of 36 coins in
all grades, but there is an unknown number of resubmissions and
crossovers in that total. Perhaps the PCGS Coin Facts
estimate of 20-25 specimens extant is more accurate than the raw
population data.This coin shows Walter Breen's proof diagnostics: Upright 5, centered date, foot supported, toe enclosed, full drapery, and the third line of the center stripe attenuated at the base. The design elements exhibit razor-sharp definition throughout and the deeply mirrored fields show no mentionable distractions. The seated figure of Liberty displays brilliant silver mint frost and the remaining surfaces are blanketed in spectacular cerulean-blue toning. Census: 5 in 65, 2 finer (10/13).
Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $50.00; Eric P. Newman Numismatic Education Society.
Coin Index Numbers: (NGC ID# 27TF, PCGS# 6410, GSID# 6431)
Metal: 90% Silver, 10% Copper
Weight: 12.44 grams
ASW: 0.35996oz
Mintage: 25
Auction Info
2013 November 15 - 16 Selections from the Eric P. Newman Collection Part II Signature Auction - New York #1190 (go to Auction Home page)
Auction Dates
November, 2013
15th-16th
Friday-Saturday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 1,242
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
Truth Seeker: The Life of Eric P. Newman (softcover)
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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