1853 50C Arrows and Rays MS(PCGS#6275)

March 2021 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

5101

等级

MS64

价格

23,659

详细说明

1853 Liberty Seated Half Dollar. Arrows and Rays. WB-101. MS-64 (NGC). Highly desirable Choice Mint State quality for this perennially popular type issue in the Liberty Seated half dollar series. Lightly toned in pale reddish-apricot, the color is boldest at the obverse border, and most viewing angles present a virtually brilliant coin. The strike is razor sharp throughout and the luster exhibits a pleasing soft satin texture. Choice examples such as this represent an excellent value for astute collectors. The half dollar was the largest denomination affected by the wholesale weight reductions introduced to United States silver coinage through the Act of February 21, 1853. The new weight standard for the half dollar was 12.44 grams, as opposed to 13.36 grams for preceding issues produced beginning in the late 1830s. The weight reduction was introduced to return the half dollar to active circulation in the Eastern states, as they had disappeared through hoarding as the price of silver rose in response to the vast quantities of gold being mined in California during the Gold Rush. In essence, silver had become scarce relative to gold in the market of the early 1850s, and old tenor pieces were quickly removed from circulation as their bullion value exceeded their face value. As with the quarter, arrows were added to the obverse before and after the date and a glory of rays added to the reverse field around the eagle. The reverse design proved to be too highly detailed for efficient coinage operations, and the rays were dropped in 1854, creating a one year type in the 1853 Arrows and Rays design. PCGS# 6275. NGC ID: 24JJ. Click here for certification details from NGC.