LOT #30479 |
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1836 50C Reeded Edge MS63 PCGS. Gold CAC. GR-1, R.2....
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Sold on Jun 23, 2014 for:
$52,875.00
Bid Source: Live: Floor bidder
Description
1836 Reeded Edge Half Dollar, MS63
Gold CAC Label, Rare So Fine, GR-1
1836 50C Reeded Edge MS63 PCGS. Gold CAC. GR-1, R.2.
Lavender-gold and pale sea-green toning blanket the obverse beneath
a veil of lustrous golden-gray patina. The reverse displays the
same, accented in deeper shades of blue and yellow-gold around the
margins. Semiprooflike fields highlight razor-sharp design
definition on both sides. The surface preservation is truly
exceptional for the grade level, fully deserving of the Gold CAC
label. Housed in an old green label holder.Variety: GR-1, the only die pair.
Population Data (5/14): PCGS has certified just six pieces in MS63 (including one MS63+) with five finer. NGC has seen five MS63 and seven finer. Only three grade numerically finer than MS64 at both services.
Heritage Commentary: The 1836 Reeded Edge half dollar is significant not only as the first issue of the small-diameter variety with the modified Capped Bust motif, but it was also the first issue of the denomination struck on the new steam presses at the Philadelphia Mint. Coinage began in November, and the exact number struck before the end of the year is unknown, though estimates range from just 1,200 to 5,000 pieces. Mint State survivors are elusive in all grades; pieces grading finer than MS62, such as the present coin, are rare.
Provenance: Rarities Sale (Bowers and Merena, 1/1999), lot 58.(Registry values: N4719)
Coin Index Numbers: (PCGS# 6175, Greysheet# 6215)
Weight: 13.36 grams
Metal: 90% Silver, 10% Cooper
Auction Info
2014 June 23 The Eugene H. Gardner Collection of US Coins Signature Auction - New York #1213 (go to Auction Home page)
Auction Dates
June, 2014
23rd
Monday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 1,396
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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