LOT #2466 |
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1853 50C Arrows and Rays MS66 NGC....
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Sold on Apr 30, 2009 for:
$23,000.00
Bid Source: Internet bidder
Description
Satiny Premium Gem 1853
Arrows and Rays Half Dollar
1853 50C Arrows and Rays MS66 NGC. Although the 1853 Arrows
and Rays half dollar is a common issue with a mintage exceeding 3.5
million coins, most examples seen are in the lower reaches of AU or
lower-end Uncirculated. In fact, of the examples certified at NGC,
the most common grades (greatest numbers of certified coins) are
AU58 and MS62-MS64. Many examples of the issue are darkly toned, or
have excessive contact marks or indifferent luster. This piece,
however, has thick, satinlike surfaces that are nearly flawless. In
fact, the only surface anomalies we see are some pronounced clash
marks on each side that occurred at the time of striking. The coin
is fully brilliant and untoned with a soft silver-white appearance.
The strike is adequate if not bold, with mentionable softness on
stars 12 and 13 and LIberty's exposed foot near the rim. Radiant
cartwheel luster abounds on both sides, and it is difficult to
imagine an example of the issue that offers more eye appeal than
the present example.High-grade type coins have been on a price tear the last couple of years, despite the rockiness that has struck so many non-numismatic areas (and selected areas of the numismatic market, mostly generic coins and more-modern issues). First-year type coins, such as the present piece, however, not only are perennial favorites among large segments of the collecting public, but they also appear to have a future that is equally bright. Census: 14 in 66, 0 finer (3/09).
From The Joseph C. Thomas Collection.(Registry values: N1)
Coin Index Numbers: (NGC ID# 27TV, PCGS# 6275, GSID# 6271)
Metal: 90% Silver, 10% Copper
Weight: 12.44 grams
ASW: 0.35996oz
Mintage: 3,532,708
View all of [The Joseph C. Thomas Collection, Part Two ]
Auction Info
2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124 (go to Auction Home page)
Auction Dates
Apr-May, 2009
29th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 1,017
Buyer's Premium per Lot:
15% of the successful bid per lot.
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