1839-O 50C GR-1 RPM MS(PCGS#531106)

The Regency Auction 52

拍卖行

Legend Rare Coin Auctions

批号

29

等级

MS64

价格

174,051

详细说明

FROM THE DALE FRIEND COLLECTION, PART II. For the first 45 years of a federally produced coinage system in the United States, the mint in Philadelphia produced all the coins needed for commerce. By the 1830s the economy and territory grew sufficiently to require a branch mint in New Orleans (as well as branches in North Carolina and Georgia to convert the native gold being mined into coins). The first New Orleans mint coins to be struck were 20 half dollars, struck in a special ceremony in Proof format. The first circulation strike half dollars were issued in 1839, and only 178,976 were struck. The GR-1 die marriage shares the same reverse as the ultra rare 1838-O and the obverse die has a boldly re-cut O mintmark. This borderline GEM is generally well struck and very lustrous. The satiny brilliance radiates boldly over the VERY CHOICE surfaces. Delicate splashes of iridescent toning, mostly in golden shades comes to the fore as you rotate this beautiful 39-O half dollar in a light. A strong glass reveals a few ancient traces of contact, mostly hidden under the toning; these are not distracting to the unaided eye and account for the assigned grade. The eye appeal is excellent for the issue and grade. PCGS 9, NGC 17. There has not been a non-CAC PCGS-graded example sold in auction since June 2004--there are some new coin dealers out on the bourse floor that were not even born yet! More recently we sold the CAC-approved MS64 from the Chicago Collection for $37,600. The current Collectors Universe value is listed at $33,500. Just a dozen examples have ever graded finer at PCGS, and as the only collectible Capped Bust half dollar from the New Orleans mint, this is a very important coin for the collector! Do not let this high grade example pas you by! Good luck. Cert. Number 35594692 PCGS # 6181