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1838 50C Reeded Edge, GR-4, R.1, MS66 NGC....
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Description
1838 Reeded Edge Half, GR-4, MS66
High Condition Census
Only One Graded Finer
1838 50C Reeded Edge, GR-4, R.1, MS66 NGC. Vibrant, satiny
mint luster on this Premium Gem 1838 Reeded Edge half dollar
highlights the prominent die cracks that are diagnostic of its late
die state. Close study with a lens fails to reveal any noteworthy
abrasions, and both sides are awash in warm honey-gold toning that
lightens slightly toward the central regions. The eagle's left
(facing) talons are incomplete, but the design elements are
otherwise boldly rendered.Variety: GR-4, R.1. This piece is in a very late die state, but not quite terminal. A bisecting die crack extends from the rim above the D in UNITED to the rim below the O in DOL. Numerous other lighter cracks appear, and both sides exhibit clash marks. This is a fairly plentiful variety, one of intense interest among die state enthusiasts.
Population Data (4/15): For the date NGC reports five submissions in MS66 and a single MS67 finer. PCGS reports a paltry two pieces in this grade and none finer. For the GR-4 die pair, the current piece ranks at the top of Dick Graham's Condition Census.
Heritage Commentary: The 1838 half dollar owes much of its overall availability to its mintage of more than 3.5 million coins, but the certified population declines significantly in Gem and finer grades. This high-end Condition Census example will serve well as either a type or date representative of seemingly unsurpassable quality.
Provenance: Purchased from RARCOA (10/2000).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 24G5, PCGS# 6177)
Weight: 13.48 grams
Metal: 89.24% Silver, 10.76% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
Auction Info
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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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