1840 Reverse of 1839 Half Dollar, MS66
1840 50C Small Letters, WB-101, MS66 PCGS. CAC.
Well-preserved, frosty mint luster shimmers beneath a light
champagne veil on each side of this Premium Gem type coin, with
deeper amber and olive overtones present in the peripheral
recesses. The top of Liberty's head and several stars show some
minor strike weakness, as does the eagle's head and left (facing)
leg. Overall, an appealing example of this elusive issue.
Tied for Finest Graded
Among Three With CAC Approval
Variety: WB-101, Normal Date. Small Letters, Reverse of 1839.
Population Data (9/15): This Premium Gem is tied with five others as the finest at PCGS. NGC reports three submissions in MS66 and none finer. Moreover, this piece is one of just 15 PCGS-graded coins in MS66 or better for the entire pre-1853 No Arrows type, and it is one of only three Premium Gem 1840 halves with CAC endorsement.
Heritage Commentary: For the type collector, the 1840 Reverse of 1839 half dollar is the most easily accessible entry into the lofty Premium Gem grade, although finding such a coin will nonetheless prove a significant challenge. This outstanding piece will be a rich reward for one patient enthusiast.
Consignor Commentary: This piece shows nice original toning with pleasing eye appeal. There is another 1840 Reverse of '39 in the collection, a WB-104 in MS65 NGC. Just about as nice, that coin also has a completely doubled date.
Provenance: Purchased from Jason Carter (10/2001).
Coin Index Numbers: (Variety PCGS# 572002, Base PCGS# 6234)
Weight: 13.36 grams
Metal: 90% Silver, 10% Copper
Buyer's Premium per Lot:
17.5% of the successful bid (minimum $14) per lot.
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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