1795 50C O-113a A over E in STATES MS(PCGS#39254)

The Regency Auction 52

拍卖行

Legend Rare Coin Auctions

批号

1

等级

MS62

价格

454,905

详细说明

FROM THE DALE FRIEND COLLECTION, PART II. One of the FINEST KNOWN 1795 O-113a half dollars in existence and one that is not only HIGH END for the grade, but also has a storied provenance that goes back well over half a century. This distinctive Red Book variety was created when the die sinker first spelled out STATES as STETES, then realizing the error, punched an A over the erroneous E. The obverse is also easily identifiable by the die lump at the base of the neck between the 5 in 1795 and the last star. High in the condition census, this MS62 is likely the SECOND FINEST KNOWN. Nicely struck from the cracked, later die state with the cracks from star 12-15. All of Ms. Liberty's curls are sharply defined, and only some light softness of strike on the eagle's breast keeps us from calling this CHOICE Mint State piece fully struck. Both obverse and reverse have a soft, pastel antique sliver-pewter patina that shows off splashes of rose, apricot, old gold, and pale blue. We are pleased to note that all the flaws seen on this coin seem to be mint made, from the die defects, a small planchet flaw in the central reverse, and what appear as edge marks are in reality the slight misalignment of the edge lettering devices imparted by the casting machine. The eye appeal of this early half dollar is impressive. Ex. Grant Pierce Sale, Stack's, May 1965, lot 759; Austin Collection, Bowers & Ruddy, May 1974, lot 676; Kagin's, November 1974, lot 806; Bebee Collection, Bowers & Merena's 1987 ANA Auction, August 1987, lot 1195; Superior's ANA Sale, March 2000, lot 1668; Bowers & Merena's 2003 ANA Auction, featuring the Coronado Collection of Early Half Dollars, July 2003, lot 1380; Stack's Bowers' 2011 ANA Auction, August 2011, lot 7334; Heritage, April 2012, lot 5112. PCGS 1, NGC 0. This coin went unsold in its most recent appearances; the most recent of which was a decade ago, where it was graded by NGC. Only a single example is known finer, the Eliasberg-Link coin that has been off the market since 2009, graded PCGS MS64. PCGS lists a value of $82,500 for this important Condition Census example and it would not surprise us at all if in today's market, this coin brought more. Bid accordingly! Cert. Number 35594595 PCGS # 39252