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1847/6 50C AU55 PCGS. WB-102, FS-301....
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Sold on May 12, 2015 for:
$17,037.50
Bid Source: HA.com/Live bidder
Description
1847/1-46 Seated Half Dollar, AU55
Desirable Early Die State
WB-102, FS-301, Guide Book Variety
1847/6 50C AU55 PCGS. WB-102, FS-301. An infrequently
offered and always in-demand Guide Book variety, one that
combines elements of a doubled die and a broadly blundered date.
This is an unusually high-end specimen from an early state of the
dies. The bottom right curve of a 6 is clear, as is the base of a 4
and a fragment from the base of a phantom 1, all far below the main
date. The shield area shows a tripled outline on the right edge and
doubled vertical stripes. This briefly circulated silver-white coin
offers largely intact luster with only a touch of wear and faint,
scattered abrasions. The central devices show solid definition,
though the stars closest to Liberty's head are a touch weak.
Exceedingly elusive any finer.Variety: WB-102, FS-301. Early die state, which shows bold remnants of the digits 1, 4, and 6 below the primary date. Later die states show little or no evidence of the misplaced digits. All known high-grade examples reveal a doubled die at the shield stripes and right shield edge (see Fivaz-Stanton Cherrypickers' variety FS-101). The rock shows die work to accommodate the highly positioned primary date.
Population Data (4/15): PCGS shows a single AU55 coin (this example) and four finer, an AU58 and three MS62 -- one MS62 is ex: the Dick Osburn Collection. NGC lists no AU55 coins and three MS62 examples finer, one of them ex: the Eric P. Newman Collection. Duplications are, we suspect, very much in play here, given recent increases in the certified MS62 populations at both services.
Heritage Commentary: Although Cherrypickers' has separate entries for the doubled die FS-101 and the Misplaced Date FS-301 varieties, in our opinion FS-101 is the same WB-102 die pair in a later die state. In our experience, all early die state examples of WB-102 show both doubling at the shield and nearby gown folds (assuming the coin is of high enough grade to confirm the features), currently known as the FS-301 Misplaced Date variety.
Consignor Commentary: The rarest overdate of the series. An early die state as the underdigits of the 1, 4, and the 6 show clearly below and slightly to the left of their counterparts in the date. Indeed there is practically a complete ghostly outline of the 1. Some doubling is evident in the vertical lines of the shield and most of the stars. A decent strike, but a lot of chatter in the fields accounts for the grade.
Provenance: Central States Signature (Heritage, 4/2008),. lot 2311.
Coin Index Numbers: (NGC ID# 24HA, PCGS# 6258, Greysheet# 310733)
Weight: 13.36 grams
Metal: 90% Silver, 10% Copper
Auction Info
2015 May 12 The Eugene H. Gardner Collection III US Coins Signature Auction - New York #1228 (go to Auction Home page)
Auction Dates
May, 2015
12th
Tuesday
Bids + Registered Phone Bidders: 18
Lot Tracking Activity: N/A
Page Views: 1,369
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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