LOT #4517 |
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1879 50C MS67 PCGS. CAC....
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Sold on Jun 6, 2013 for:
$12,925.00
Bid Source: Mail/Fax bidder
Description
1879 Half Dollar, MS67
Popular, Low-Mintage Date
1879 50C MS67 PCGS. CAC. Despite the low mintage of 4,800
business strikes, the 1879 half dollar is available in most grades.
Randy Wiley and Bill Bugert (1993) attribute this to their being
saved at or near the time of issue by collectors because of
anticipated low mintages. The lower production was likely due to
the implementation of the Bland-Allison Act of 1878, requiring
mints to purchase vast amounts of silver bullion and produce large
quantities of Morgan dollars.While the certified population reveals the 1879 to be abundant in Mint State through the Premium Gem level, MS67 pieces such as the current offering are elusive. Vibrant luster exudes from light silver-gray surfaces, and both sides are fully struck, with the sole exception of the eagle's left (facing) claw. A handful of grade-consistent ticks do not take away from the coin's superior eye appeal. Population: 15 in 67 (1 in 67+), 2 finer (4/13).(Registry values: N1)
Coin Index Numbers: (NGC ID# 24KS, PCGS# 6361, Greysheet# 6299)
Weight: 12.50 grams
Metal: 90% Silver, 10% Copper
Auction Info
2013 June 5 - 9 US Coin Signature Auction - Long Beach #1186 (go to Auction Home page)
Auction Dates
June, 2013
5th-9th
Wednesday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 777
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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