1837 50C GR-20 MS(PCGS#531068)

The Regency Auction 47

拍卖行

Legend Rare Coin Auctions

批号

116

等级

MS65

价格

136,589

详细说明

A high Condition Census GR-20, which is a Rarity-3 die marriage, common in lower grade, but indeed RARE in such a lofty state of preservation for the advanced type or date collector. Richly and deeply patinated in a slate-gray tone, infused with hints of rose and greenish hues on the obverse; while the reverse has a lighter silver-gray tone with pale blue, orange, and olive-gold accents. Sharply struck up, with crisp and bold definition throughout the design types. Exceptionally clean surfaces are free from any serious or distracting marks, as to be expected for a GEM example. The eye appeal is amazing! In 1836 the Philadelphia Mint finally achieved a long standing goal of having a steam driven coining press. This meant that striking pressure would no longer be as varied as when coins were struck by men using a screw press. Christian Gobrecht reworked the John Reich and William Kneass Capped Bust half dollar type, strengthening some details and removing the ribbon above the eagle. The mechanics of the steam press allowed for more precise and consistent striking pressure, as well as more uniform sizes to coins. This would thwart many counterfeiters who would be unable to match the high quality of the coins now being produced. In 1837 these Reeded Edge Half Dollars flowed into circulation, and this one was obviously set aside and carefully preserved. PCGS 22, CAC 43, CAC 12. The most recent example to sell in auction, realized $22,800 in August 2020. This GEM has been off the market since it sold in our December 2015 Regency Auction, lot 227, realizing $17,625. The current Collectors Universe value is listed at $18,000 and the CAC CPG value is listed at $19,900. Just a baker's dozen have graded finer, making this a great type coin for the advanced collector. Don't let this opportunity pass you by! Cert. Number 6194980 PCGS # 6176.00