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1806 1/2C Large 6, Stems MS63RB PCGS #1100

1806 1/2 C Large 6, Stems MS63RB B-4, C-4, R.1. Immediately distinguishable by a large, repunched 6 with the peak affixed to the base of Liberty's bust. Much faded mint-red color remains all over the coin. Most Uncirculated representatives of this variety trace back to the hoard of 1806 B-4 Half Cents that the Chapman brothers dispersed in 1906.

1806 1/2C Large 6, Stems MS63RB PCGS #1100

1806 1/2 C Large 6, Stems MS63RB B-4, C-4, R.1. Immediately distinguishable by a large, repunched 6 with the peak affixed to the base of Liberty's bust. Much faded mint-red color remains all over the coin. Most Uncirculated representatives of this variety trace back to the hoard of 1806 B-4 Half Cents that the Chapman brothers dispersed in 1906.

1797 1C Reverse of 1797, Stems MS64BN PCGS #1422

1797 1C Reverse of 1797, Stems, S-123, B-12, R.4 MS64BN. This coin probably traces its origin back to the Nichols find, which included many Mint State examples of this scarce variety. Sheldon-123 is one of three varieties (the other two are S-119 and S-135) made collectible in Uncirculated grades due to the Nichols Find. However, a glance at third party populations confirms that quality examples are rare by the standards of most U.S. series. This is the second of the three varieties attributed to the Nichols Find, with an extremely close date, six berries in each branch, and the final 0 high. The obverse appears on S-122, S-123, NC-2, and NC-3. The reverse appears on 1796 S-119 and 1797 S-123. There is a tiny cut (die chip) on Liberty's cheek below the eye--a diagnostic feature of this S-123--which identifies this Nichols Find variety, which is usually found in or near Mint State grades. At least 10 examples of this variety are known in Mint State, and many more just miss that level, usually with full Mint State sharpness and minor deductions for slight imperfections. Considered R.4, meaning between 80 and 200 examples survive, well over half of the known examples grade AU or better. In fact, the variety would probably be a solid R.5 or perhaps even R.6 if that hoard never existed. Like nearly all coins from the Nichols Find, the surfaces of both sides are a pleasing medium brown with slightly reflective fields. This exceptionally well struck, orange-brown example has unusually smooth surfaces and excellent eye appeal.

1797 1C Reverse of 1797, Stems MS64BN PCGS #1422

1797 1C Reverse of 1797, Stems, S-123, B-12, R.4 MS64BN. This coin probably traces its origin back to the Nichols find, which included many Mint State examples of this scarce variety. Sheldon-123 is one of three varieties (the other two are S-119 and S-135) made collectible in Uncirculated grades due to the Nichols Find. However, a glance at third party populations confirms that quality examples are rare by the standards of most U.S. series. This is the second of the three varieties attributed to the Nichols Find, with an extremely close date, six berries in each branch, and the final 0 high. The obverse appears on S-122, S-123, NC-2, and NC-3. The reverse appears on 1796 S-119 and 1797 S-123. There is a tiny cut (die chip) on Liberty's cheek below the eye--a diagnostic feature of this S-123--which identifies this Nichols Find variety, which is usually found in or near Mint State grades. At least 10 examples of this variety are known in Mint State, and many more just miss that level, usually with full Mint State sharpness and minor deductions for slight imperfections. Considered R.4, meaning between 80 and 200 examples survive, well over half of the known examples grade AU or better. In fact, the variety would probably be a solid R.5 or perhaps even R.6 if that hoard never existed. Like nearly all coins from the Nichols Find, the surfaces of both sides are a pleasing medium brown with slightly reflective fields. This exceptionally well struck, orange-brown example has unusually smooth surfaces and excellent eye appeal.

1797 1C Reverse of 1797, Stems MS64BN PCGS #1422

1797 1C Reverse of 1797, Stems, S-123, B-12, R.4 MS64BN. This coin probably traces its origin back to the Nichols find, which included many Mint State examples of this scarce variety. Sheldon-123 is one of three varieties (the other two are S-119 and S-135) made collectible in Uncirculated grades due to the Nichols Find. However, a glance at third party populations confirms that quality examples are rare by the standards of most U.S. series. This is the second of the three varieties attributed to the Nichols Find, with an extremely close date, six berries in each branch, and the final 0 high. The obverse appears on S-122, S-123, NC-2, and NC-3. The reverse appears on 1796 S-119 and 1797 S-123. There is a tiny cut (die chip) on Liberty's cheek below the eye--a diagnostic feature of this S-123--which identifies this Nichols Find variety, which is usually found in or near Mint State grades. At least 10 examples of this variety are known in Mint State, and many more just miss that level, usually with full Mint State sharpness and minor deductions for slight imperfections. Considered R.4, meaning between 80 and 200 examples survive, well over half of the known examples grade AU or better. In fact, the variety would probably be a solid R.5 or perhaps even R.6 if that hoard never existed. Like nearly all coins from the Nichols Find, the surfaces of both sides are a pleasing medium brown with slightly reflective fields. This exceptionally well struck, orange-brown example has unusually smooth surfaces and excellent eye appeal.

1797 H10C 15 Stars MS63 PCGS #4258

LM-1, V-2, R.3. PQ. Not a trace of wear can be found on this impressive Mint State example, despite blunt central obverse and reverse details. The strike of this piece is typical of nearly every example, and is a direct result of opposing design motifs on the obverse and reverse dies. The eagle on the reverse represents the deepest portion of that die, and it is directly opposite the center of Liberty on the obverse, and these two features competed for metal flow when the coin was struck. Note that the portions of either die that are opposite the blank fields on the opposite side have extremely sharp definition. The surfaces of this piece have satiny luster with reflective fields beneath lovely gray-gold and iridescent toning.

1797 H10C 15 Stars MS63 PCGS #4258

LM-1, V-2, R.3. PQ. Not a trace of wear can be found on this impressive Mint State example, despite blunt central obverse and reverse details. The strike of this piece is typical of nearly every example, and is a direct result of opposing design motifs on the obverse and reverse dies. The eagle on the reverse represents the deepest portion of that die, and it is directly opposite the center of Liberty on the obverse, and these two features competed for metal flow when the coin was struck. Note that the portions of either die that are opposite the blank fields on the opposite side have extremely sharp definition. The surfaces of this piece have satiny luster with reflective fields beneath lovely gray-gold and iridescent toning.

1800 H10C LM-1 AU58 PCGS #38601

1800 Half Dime AU58. V-1, LM-1, R.3. An impressive early silver type coin, well struck aside from a cloud and a few stars on the reverse. Richly toned dove-gray and golden-brown. Luster shimmers when the piece is rotated beneath a light. Each side has a couple of minor marks, and an interesting U-shaped lintmark (as made) is noted beneath Liberty's chin.

1800 H10C LM-1 AU58 PCGS #38601

1800 Half Dime AU58. V-1, LM-1, R.3. An impressive early silver type coin, well struck aside from a cloud and a few stars on the reverse. Richly toned dove-gray and golden-brown. Luster shimmers when the piece is rotated beneath a light. Each side has a couple of minor marks, and an interesting U-shaped lintmark (as made) is noted beneath Liberty's chin.

1800 H10C LM-1 AU58 PCGS #38601

1800 Half Dime AU58. V-1, LM-1, R.3. An impressive early silver type coin, well struck aside from a cloud and a few stars on the reverse. Richly toned dove-gray and golden-brown. Luster shimmers when the piece is rotated beneath a light. Each side has a couple of minor marks, and an interesting U-shaped lintmark (as made) is noted beneath Liberty's chin.

1796 10C AU58 PCGS #4461

JR-4. Rarity-4. PQ. A coin with strong eye appeal, reflective fields and frosty devices. A bright and attractive dime that has delicate peripheral gold toning starting to form around the edges, with the centers light silver-gray. The strike was sharp as nearly always seen on 1796 dimes, with strong separation on Liberty's uppermost curls and most of the eagle's breast feathers still surviving. Faint, nearly horizontal adjustment marks can be discerned crossing through Liberty’s central curls and neck. Middle die state with the usual thin crack through the first star to the second curl on Liberty, no signs of clashing, and another crack on the reverse left of first S of STATES. Identifiable by a tiny edge scrape above the eighth star and another above the first A of AMERICA. First year of issue for the denomination, and a two year type coin. The Mint coined its first silver dimes and quarters in 1796, and the first gold quarter eagles made their appearance. In 1796 the new design was employed on all five silver denominations, from half dimes through silver dollars. Many of these new coins and new designs were produced in extremely limited numbers, and the year overall is notable for producing some of the rarest U.S. type coins.

1796 10C AU58 PCGS #4461

JR-4. Rarity-4. PQ. A coin with strong eye appeal, reflective fields and frosty devices. A bright and attractive dime that has delicate peripheral gold toning starting to form around the edges, with the centers light silver-gray. The strike was sharp as nearly always seen on 1796 dimes, with strong separation on Liberty's uppermost curls and most of the eagle's breast feathers still surviving. Faint, nearly horizontal adjustment marks can be discerned crossing through Liberty’s central curls and neck. Middle die state with the usual thin crack through the first star to the second curl on Liberty, no signs of clashing, and another crack on the reverse left of first S of STATES. Identifiable by a tiny edge scrape above the eighth star and another above the first A of AMERICA. First year of issue for the denomination, and a two year type coin. The Mint coined its first silver dimes and quarters in 1796, and the first gold quarter eagles made their appearance. In 1796 the new design was employed on all five silver denominations, from half dimes through silver dollars. Many of these new coins and new designs were produced in extremely limited numbers, and the year overall is notable for producing some of the rarest U.S. type coins.

1805 10C 4 Berries MS63 PCGS #4477

1805 10C 4 Berries MS63 JR-2, R.2. The die crack through ERTY and star 8 and the eponymous reverse identify this instantly as an example of the JR-2 4 Berries, and this is a lovely example for the grade. While JR-2 is the more plentiful of the two known die marriages of the 1805 Draped Bust Dime, examples that have survived the passage of time with fully Mint State surfaces must be considered rare. The dimes of 1805 are known only by two die marriages that share a common obverse, with a small spine protruding from the top of the 5 in the date. The reverses show four or five olives on the olive branch clutched by the Heraldic Eagle, or berries as they are usually called, with the present 4 Berries reverse having narrow A's and leaves that are clear of the peripheral lettering. This coin shows appealing medium-gray and golden highlights on each side, with few relevant abrasions. The 1805 4 Berries will never be an uncommon die pairing, but both the 4 Berries and 5 Berries JR-1 are popular Guide Book varieties eagerly sought by collectors, and both are fairly available for a price into the lower Mint State grades. However, Select Uncirculated pieces are scarce and are sought after by both type collectors and Early Dime specialists. The 1805 JR-2 dime is the second most common Draped Bust variety behind the 1807, and both coins are ideal for collectors who want a single example of the draped bust, heraldic eagle design in type set collections. Obverse Die: The 1 nearly touches the lowest curl and the top of the 5 has a spine extending into the bust. LIB are close and BERTY are wide. Star 1 is far from the curl, star 7 is farther from L, star 8 is very close to the Y, and star 13 is close to the bust. State a. Perfect with no crack through ERTY. State b. Cracked from the rim through ERTY. Minor clash marks. State c. Cracked from the rim below star 13 into the bottom of the bust. The die is lapped, removing most of the clash marks. State d. Cracked from the rim between stars 9 and 10 into the bust, about one-third of the distance down from the base of the neck to the bottom of the bust. Reverse Die: Four berries in the branch. All letters in the legend are separated from each other and from the devices. AMER are extremely close together, with AM slightly higher than ER. The star pattern is unusual with two rows of six stars each, and a single star touching the back of the eagle's neck. Stars 1, 2, and 5, touch the clouds above. State a. Perfect. State b Minor die rust near D of UNITED.

1805 10C 4 Berries MS63 PCGS #4477

1805 10C 4 Berries MS63 JR-2, R.2. The die crack through ERTY and star 8 and the eponymous reverse identify this instantly as an example of the JR-2 4 Berries, and this is a lovely example for the grade. While JR-2 is the more plentiful of the two known die marriages of the 1805 Draped Bust Dime, examples that have survived the passage of time with fully Mint State surfaces must be considered rare. The dimes of 1805 are known only by two die marriages that share a common obverse, with a small spine protruding from the top of the 5 in the date. The reverses show four or five olives on the olive branch clutched by the Heraldic Eagle, or berries as they are usually called, with the present 4 Berries reverse having narrow A's and leaves that are clear of the peripheral lettering. This coin shows appealing medium-gray and golden highlights on each side, with few relevant abrasions. The 1805 4 Berries will never be an uncommon die pairing, but both the 4 Berries and 5 Berries JR-1 are popular Guide Book varieties eagerly sought by collectors, and both are fairly available for a price into the lower Mint State grades. However, Select Uncirculated pieces are scarce and are sought after by both type collectors and Early Dime specialists. The 1805 JR-2 dime is the second most common Draped Bust variety behind the 1807, and both coins are ideal for collectors who want a single example of the draped bust, heraldic eagle design in type set collections. Obverse Die: The 1 nearly touches the lowest curl and the top of the 5 has a spine extending into the bust. LIB are close and BERTY are wide. Star 1 is far from the curl, star 7 is farther from L, star 8 is very close to the Y, and star 13 is close to the bust. State a. Perfect with no crack through ERTY. State b. Cracked from the rim through ERTY. Minor clash marks. State c. Cracked from the rim below star 13 into the bottom of the bust. The die is lapped, removing most of the clash marks. State d. Cracked from the rim between stars 9 and 10 into the bust, about one-third of the distance down from the base of the neck to the bottom of the bust. Reverse Die: Four berries in the branch. All letters in the legend are separated from each other and from the devices. AMER are extremely close together, with AM slightly higher than ER. The star pattern is unusual with two rows of six stars each, and a single star touching the back of the eagle's neck. Stars 1, 2, and 5, touch the clouds above. State a. Perfect. State b Minor die rust near D of UNITED.

1806 25C MS63 PCGS #5314

1806 25C MS63 B-3, R.1. A satiny and refreshingly unabraded Select Mint State example of this scarce early date. Tan-brown color graces most of the obverse, bounded by blue-green toning near the rims. The reverse is equally colorful, and features areas of aqua-blue and lavender patina. Some bluntness of strike in the centers and on the right side stars, not uncommon for the Draped Bust type. The superb, talented engraver Joseph Wright, designer of the Liberty Cap cent and half cent, was the first full-time engraver hired at the Philadelphia Mint. Tragically, he died in September 1793 during one of the annual yellow fever epidemics that killed so many early Philadelphia residents. Robert Scot was hired only two months later as chief engraver, a post he held until his death in 1823. Scot was born in 1744 and was already 50 years old when he began working for the Mint. Although Scot was later criticized for his modest talent and slow work style, among his improvements at the Mint were the use of device punches; for example, the whole head of Liberty, so that only the date, stars, and letters required addition to the working dies. By 1807 Scot, then 63, faced serious competition from a younger rival, John Reich, who was much more talented judging from each man's artistic accomplishments. Breen writes in his Complete Encyclopedia: "John Reich sold himself into indentured service to escape to the USA from the Napoleonic Wars. As early as 1801 his name came to official attention as one of the finest engravers in the country. Opposition from Robert Scot prevented the Mint from hiring him except for occasional odd temporary assignments. But in 1807, Scot's health (for which read failing eyesight) was a source of serious concern to officialdom; accordingly, the Mint hired Reich as assistant engraver at a pittance of $600 per year. "Reich's first assignment was to create new designs for gold and silver denominations: an insult to Scot. The first ones to benefit from Reich's attention were the denominations most in demand at banks: half dollars and half eagles." In 1796 and 1797 only the the Draped Bust (a.k.a. Fillet Head) obverse was combined with the Small Eagle reverse, which was in turn replaced in 1801 by the Heraldic Eagle reverse, an imitation of the Great Seal of the United States. Both designs are attributed to Robert Scot. In 1807, the last year of the Draped Bust quarter design, Reich joined the Mint as assistant engraver and the half dollar designs were modified yet again, this time to the familiar and ubiquitous Capped Bust or Turban Head design. Liberty now faced left and wore the Martha Washington-style "mob cap" on her head. The reverse features a more naturalistic eagle, although it bears a small shield attached to the center of its breast. The quarter was considered a less important denomination and didn't resume production until 1815, eventually also adopting the Capped Bust design.

1806 25C MS63 PCGS #5314

1806 25C MS63 B-3, R.1. A satiny and refreshingly unabraded Select Mint State example of this scarce early date. Tan-brown color graces most of the obverse, bounded by blue-green toning near the rims. The reverse is equally colorful, and features areas of aqua-blue and lavender patina. Some bluntness of strike in the centers and on the right side stars, not uncommon for the Draped Bust type. The superb, talented engraver Joseph Wright, designer of the Liberty Cap cent and half cent, was the first full-time engraver hired at the Philadelphia Mint. Tragically, he died in September 1793 during one of the annual yellow fever epidemics that killed so many early Philadelphia residents. Robert Scot was hired only two months later as chief engraver, a post he held until his death in 1823. Scot was born in 1744 and was already 50 years old when he began working for the Mint. Although Scot was later criticized for his modest talent and slow work style, among his improvements at the Mint were the use of device punches; for example, the whole head of Liberty, so that only the date, stars, and letters required addition to the working dies. By 1807 Scot, then 63, faced serious competition from a younger rival, John Reich, who was much more talented judging from each man's artistic accomplishments. Breen writes in his Complete Encyclopedia: "John Reich sold himself into indentured service to escape to the USA from the Napoleonic Wars. As early as 1801 his name came to official attention as one of the finest engravers in the country. Opposition from Robert Scot prevented the Mint from hiring him except for occasional odd temporary assignments. But in 1807, Scot's health (for which read failing eyesight) was a source of serious concern to officialdom; accordingly, the Mint hired Reich as assistant engraver at a pittance of $600 per year. "Reich's first assignment was to create new designs for gold and silver denominations: an insult to Scot. The first ones to benefit from Reich's attention were the denominations most in demand at banks: half dollars and half eagles." In 1796 and 1797 only the the Draped Bust (a.k.a. Fillet Head) obverse was combined with the Small Eagle reverse, which was in turn replaced in 1801 by the Heraldic Eagle reverse, an imitation of the Great Seal of the United States. Both designs are attributed to Robert Scot. In 1807, the last year of the Draped Bust quarter design, Reich joined the Mint as assistant engraver and the half dollar designs were modified yet again, this time to the familiar and ubiquitous Capped Bust or Turban Head design. Liberty now faced left and wore the Martha Washington-style "mob cap" on her head. The reverse features a more naturalistic eagle, although it bears a small shield attached to the center of its breast. The quarter was considered a less important denomination and didn't resume production until 1815, eventually also adopting the Capped Bust design.

1806 25C MS63 PCGS #5314

1806 25C MS63 B-3, R.1. A satiny and refreshingly unabraded Select Mint State example of this scarce early date. Tan-brown color graces most of the obverse, bounded by blue-green toning near the rims. The reverse is equally colorful, and features areas of aqua-blue and lavender patina. Some bluntness of strike in the centers and on the right side stars, not uncommon for the Draped Bust type. The superb, talented engraver Joseph Wright, designer of the Liberty Cap cent and half cent, was the first full-time engraver hired at the Philadelphia Mint. Tragically, he died in September 1793 during one of the annual yellow fever epidemics that killed so many early Philadelphia residents. Robert Scot was hired only two months later as chief engraver, a post he held until his death in 1823. Scot was born in 1744 and was already 50 years old when he began working for the Mint. Although Scot was later criticized for his modest talent and slow work style, among his improvements at the Mint were the use of device punches; for example, the whole head of Liberty, so that only the date, stars, and letters required addition to the working dies. By 1807 Scot, then 63, faced serious competition from a younger rival, John Reich, who was much more talented judging from each man's artistic accomplishments. Breen writes in his Complete Encyclopedia: "John Reich sold himself into indentured service to escape to the USA from the Napoleonic Wars. As early as 1801 his name came to official attention as one of the finest engravers in the country. Opposition from Robert Scot prevented the Mint from hiring him except for occasional odd temporary assignments. But in 1807, Scot's health (for which read failing eyesight) was a source of serious concern to officialdom; accordingly, the Mint hired Reich as assistant engraver at a pittance of $600 per year. "Reich's first assignment was to create new designs for gold and silver denominations: an insult to Scot. The first ones to benefit from Reich's attention were the denominations most in demand at banks: half dollars and half eagles." In 1796 and 1797 only the the Draped Bust (a.k.a. Fillet Head) obverse was combined with the Small Eagle reverse, which was in turn replaced in 1801 by the Heraldic Eagle reverse, an imitation of the Great Seal of the United States. Both designs are attributed to Robert Scot. In 1807, the last year of the Draped Bust quarter design, Reich joined the Mint as assistant engraver and the half dollar designs were modified yet again, this time to the familiar and ubiquitous Capped Bust or Turban Head design. Liberty now faced left and wore the Martha Washington-style "mob cap" on her head. The reverse features a more naturalistic eagle, although it bears a small shield attached to the center of its breast. The quarter was considered a less important denomination and didn't resume production until 1815, eventually also adopting the Capped Bust design.

1797 50C VF25 PCGS #6060

O-102 Low R.6. The rarest regular-issue US silver coinage design and solid for the grade. The Draped Bust, Small Eagle half dollar is one of the most difficult type coins to obtain, arguably the most difficult silver type coin, but not as rare as the 1796 No Stars quarter eagle or the 1808 quarter eagle. These half dollars, bearing the dates 1796 or 1797, come from a paltry mintage of 3,918 pieces, about 250 of which have survived the ravages of time. Half dollars of 1796-1797 are one of the rarest U.S. type coins and certainly one of the most expensive in virtually all levels of preservation. Even the most advanced collections often lack this rarity, and when present, it is usually in the low to middle grade levels, as here, and/or impaired, unlike this original, problem-free piece. There are four varieties of Draped Bust, Small Eagle half dollar. The first 1796 variety (Overton-101) displays 15 obverse stars, while the second has 16 stars (O-102). The two 1797-dated varieties (O-101 and O-102) share the same obverse but have different reverses, differentiated by the alignment of the peripheral lettering in relation to the central devices. The reverse of the 1797 Overton-101 variety was originally paired with the 1796 15 stars and 1796 16 stars obverses. During its use with the latter obverse, the reverse die developed a crack from the tip of the palm leaf below the base of the F in OF through the right side of O to the milling. This reverse developed even more cracks shortly after it was paired with the 1797 obverse die (O-101) and soon began to break up (O-101a). The breakup of the reverse die used in the 1797 Overton 101 and 101a varieties resulted in the employment of a new reverse die. The O-102 reverse differs from the old reverse in that the peripheral lettering is slightly offset in relation to the wreath.

1806 50C O-120a Pointed 6, Stem MS63 PCGS #39326

1806 50C Pointed 6, Stem MS63. O-120a, R.4. A huge mintage of 839,576 Draped Bust half dollars was achieved in 1806, with 28 die varieties known for the date. A collection of 1806 die varieties and states would provide a monumental challenge. The O-120 reverse is one of those few numismatic situations where virtually every surviving coin could be considered a slightly different die state. This scarce variety is most easily identified by the die crack above the hair of Liberty on the obverse, and especially on the reverse by the broken patch on the shield, which gives the coin a special character not found on other varieties. Known as the Broken Shield variety, in its intermediate and late die states this variety is instantly recognized by (and popular for) the unusual, heavy die break, or "cud." A large piece broke out of the die right across the shield on the reverse, atop the fourth vertical stripe of the shield its earliest stages of progression. In later die states, this cud eventually extends across the shield until only the first vertical stripe is unaffected. This example is an intermediate state and is much earlier than that plated in the Parsley/Overton book. The shield die break encompasses all or part of three vertical stripes. The die break extends from pale 2 of gule 3 to a point midway between gules 5 and 6. Another break joins the left part of the first two horizontal shield stripes. Two die cracks join the border to the right ribbon end below M of AMERICA. These start at the same point on the border, with one crack following the right diagonal of the A, the other curving through M, with the area between these just beginning to sink into a retained cud. An additional crack extends through the tops of UNITE to the border over D. Many diagnostic die cracks are evident, including the crack across the tail feathers and the crack from the leaf to the base of RI. A couple light scratches in the right obverse fields serve to mark the pedigree of this piece, an intricately struck half dollar that lacks consequential abrasions. The actual design elements on each side of this lovely Draped Bust half dollar are boldly defined, within the context of the design type, with a well-centered impression and full obverse and reverse border details. The strike is crisp and full, with clear details even on the eagle's breast feathers, although a few of the upper hair details are weakly defined, as nearly always. The dusky grayish-silver colored obverse has considerable underlying mint luster, with iridescent tones of gold, pastel pink, sky blue and sea green circling the borders. The reverse has similar toning throughout and shimmering luster, swirling atop exceptional surfaces with none of the scratches mentioned for the obverse. This Select Mint State coin is a phenomenal example of this scarce variety, and one of the two or three finest known of the die state.

1806 50C O-120a Pointed 6, Stem MS63 PCGS #39326

1806 50C Pointed 6, Stem MS63. O-120a, R.4. A huge mintage of 839,576 Draped Bust half dollars was achieved in 1806, with 28 die varieties known for the date. A collection of 1806 die varieties and states would provide a monumental challenge. The O-120 reverse is one of those few numismatic situations where virtually every surviving coin could be considered a slightly different die state. This scarce variety is most easily identified by the die crack above the hair of Liberty on the obverse, and especially on the reverse by the broken patch on the shield, which gives the coin a special character not found on other varieties. Known as the Broken Shield variety, in its intermediate and late die states this variety is instantly recognized by (and popular for) the unusual, heavy die break, or "cud." A large piece broke out of the die right across the shield on the reverse, atop the fourth vertical stripe of the shield its earliest stages of progression. In later die states, this cud eventually extends across the shield until only the first vertical stripe is unaffected. This example is an intermediate state and is much earlier than that plated in the Parsley/Overton book. The shield die break encompasses all or part of three vertical stripes. The die break extends from pale 2 of gule 3 to a point midway between gules 5 and 6. Another break joins the left part of the first two horizontal shield stripes. Two die cracks join the border to the right ribbon end below M of AMERICA. These start at the same point on the border, with one crack following the right diagonal of the A, the other curving through M, with the area between these just beginning to sink into a retained cud. An additional crack extends through the tops of UNITE to the border over D. Many diagnostic die cracks are evident, including the crack across the tail feathers and the crack from the leaf to the base of RI. A couple light scratches in the right obverse fields serve to mark the pedigree of this piece, an intricately struck half dollar that lacks consequential abrasions. The actual design elements on each side of this lovely Draped Bust half dollar are boldly defined, within the context of the design type, with a well-centered impression and full obverse and reverse border details. The strike is crisp and full, with clear details even on the eagle's breast feathers, although a few of the upper hair details are weakly defined, as nearly always. The dusky grayish-silver colored obverse has considerable underlying mint luster, with iridescent tones of gold, pastel pink, sky blue and sea green circling the borders. The reverse has similar toning throughout and shimmering luster, swirling atop exceptional surfaces with none of the scratches mentioned for the obverse. This Select Mint State coin is a phenomenal example of this scarce variety, and one of the two or three finest known of the die state.