1836 50C Reeded Edge MS(PCGS#6175)

The Regency Auction 47

拍卖行

Legend Rare Coin Auctions

批号

115

等级

MS64

价格

227,649

详细说明

Ex Link, as noted on the insert. A classic issue, historic in its status as the first half dollars struck from the newly installed steam press at the Philadelphia mint. An unknown, albeit limited number were struck. The often cited number comes from the Red Book, which lists "1,200+", while the PCGS CoinFacts listing suggests 5,000. Only a single pair of dies was used to strike this low mintage issue, GR-1 is listed as Rarity-2 overall. Regardless of original mintage, the 1836 Reeded Edge is a major rarity in Choice Mint State or finer grades. A delightfully toned MS64 example, very rare so fine. Sharply struck, with bolder, crisper definition than usually seen on this issue. The feather details are very sharp, indeed the only area of weakness is at the tip of the bust and on some of the left peripheral stars. The surfaces have a bold luster, particularly on the reverse, where the luster has a distinct semi-Prooflike reflection; the obverse is more satiny. A few scattered contact, in the form of some minor reeding marks on the obverse are noted with the aid of a strong glass. Both sides have a soft blue, gold. olive, and tan patina, which is brought out boldly on the reverse especially. The eye appeal is nice. Ex Dr. Charles Link Collection; to our consignor, via private treaty, in July 2015. PCGS 6, NGC 4. The last non-CAC PCGS graded example sold for $18,800 in the 2017 FUN auction. Since then, we sold a CAC approved example for $79,313 in September 2018. The current Collectors Universe value is $75,000. This wide range of APRs makes this a very hard example to value. Only time will tell when the hammer falls, what this CHOICE rarity is worth. Worthy of a premium bid from type, date, or variety collectors. This is an early KEY issue that is always in strong demand. Cert. Number 28524075 PCGS # 6175.00