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1837 50C MS64. The 1837 is one of only two issues of Christian Gobrecht's Reeded Edge, 50 CENTS Reverse Half Dollar. The Reeded Edge half dollars with "50 CENTS" on the reverse were the first U.S. regular-issue coin series struck on a steam press. The second and final year of the 50 CENTS reverse design, type collectors naturally gravitate to the 1837 since the 1836 is a famous, low mintage rarity, and technically a pattern issue. A paltry 1,200 pieces were struck the first year, and a more generous 3,629,820 coins in 1837, making this issue an important and desirable one for type collectors. The production of more than 3.6 million pieces appears generous, however, Uncirculated survivors are scarce, and only a slender portion of these pieces achieve status as a Gem. This near-Gem is a most impressive specimen, as its original surfaces give off glowing luster and medium intensity steel-gray toning. A few unobtrusive handling marks do not detract in the least. The design elements are evenly and fully struck in all areas, with 50 CENTS and all of stars fully impressed, enhancing the coin's outstanding eye appeal. A lack of consequential abrasions further contributes to the eye appeal.