1822/1 50C Overton 101 MS(PCGS#39604)

The Regency Auction 47

拍卖行

Legend Rare Coin Auctions

批号

72

等级

MS64

价格

55,015

详细说明

Ex Eliasberg, as noted on the insert. Here is another high end Capped Bust half dollar pedigreed to the Eliasberg Collection. Among the top dozen examples of this so-called overdate graded by PCGS, it boasts the classic old time Eliasberg toning pattern that is extremely sought after. As John Kraljevich wrote in his description of the Pittman-Pogue MS66, "Perhaps no variety in this series has evoked as much back-and-forth commentary as the 1822 Overton-101. Neither J. Colvin Randall nor M.L. Beistle described the artifact seen at the base of the second 2 in the date as an overdate, nor did any other writer before 1955, so far as we can tell. In his 1988 Encyclopedia, Walter Breen claimed credit for being the first to describe it as an overdate, referencing his description in the March-April 1955 issue of Numisma, published by the New Netherlands Coin Company. He noted in the Encyclopedia, apropos to a large but unclear enlargement of the date area, that "overdate is never much plainer than on ill[ustration]." His attribution of this variety as an overdate remained unquestioned, at least in print, for years. It remains described as an overdate in the Guide Book to the present day, and PCGS and NGC both continue to use the traditional attribution." Indeed, Stephen Herrman, the specialist who painstakingly compiles the auction sales data cited in the AMBPR, lists the 1822 O-101 and O-102 varieties as 1822/'1' and boldly proclaims, "Variety is NOT an overdate!" and in more recent editions of the Red Book it is listed as "1822, So-Called 2 over 1." What cannot be disputed is there is a lump seen in the space between the curve and the base of the final 2, opined in the Eliasberg catalog to be an artifact of a broken punch. Ex Louis E. Eliasberg, Sr. Collection, Bowers & Merena/Stack's, April 1997, lot 1782; Phil Kaufman Collection; Joseph C. Thomas Collection, Heritage, April 2009, lot 688 (as NGC MS64); Stack's Bowers, November 2016, lot 4277 (as NGC MS64); Heritage, January 2019 FUN auction, lot 3381 (as PCGS MS64, no Eliasberg attribution); Heritage, August 2019 ANA auction, lot 3471 (as PCGS MS64, with pedigree noted); our consignor. An intensely brilliant underlying cartwheel luster blooms under the dappled apricot-rose, coppery-gold, and teal-blue iridescent patina. The obverse has a satiny texture, while the reverse has icy, semi-reflective tendencies that really flash when rotated in a light. Sharply impressed design elements were expertly struck from a later state of the dies. The eye appeal is exceptional, the only flaw is a long, very thin hairline scratch in the lower right quadrant of the obverse, visible only at certain angles, obscured by the toning. PCGS 7, NGC 1. This coin last sold in the 2019 ANA auction for $8,400; and prior to that it sold for $9,480. The PCGS Price Guide value is $12,500. Anything finer will cost well into the five figures! This coin, with its great pedigree, high grade, and great looks should see strong bidding! Good luck. Cert. Number 83148019 PCGS # 6130.00