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

The Regency Auction 57

拍卖行

Legend Rare Coin Auctions

批号

171

等级

MS65

价格

128,623

详细说明

THE BOYLSTON COLLECTION, PART IV In the early 1850s, as huge amounts of gold were flowing east from the California Gold Rush, the value of silver rose against the value of gold, and silver was hoarded. In 1853, Congress passed a law reducing the weight of half dimes, dimes, quarters and half dollars to keep the ratio of gold to silver even, and allow silver to circulate again. To differentiate the new weight standard, arrows were added to the date and rays were added to the reverse of the quarter and half, creating an important one year only sub-type. In 1854, the rays were removed from the reverse, mint officials citing striking difficulty. Arrows remained at the date through 1855. The presently offered GEM example boasts a lovely satiny mint frost on pearlescent silver surfaces. A faint glint of pale champagne-gold can be seen as the lustrous surfaces are rotated in a light. Sharply struck, Liberty's drapery and eagle's feathers are all crisply rendered and have bold definition. Some light roller lines can be found in the fields, as made, as well as some spidery, thin die cracks on both sides. A strong glass reveals minor breaks in the frost and perhaps a light line or two, but these are not distracting to the overall appearance of this MS65. PCGS 21, NGC 17. The most recent PCGS MS65 to sell in auction sold way back in September 2017! Clearly, despite the Population figure, these do not appear with frequency. The current PCGS Price Guide value is $30,000. Just 15 are graded finer, most clustered in the MS66 and MS66+ levels (though we certainly suspect there is some duplication). A wonderful coin for a GEM type set or advanced Seated Liberty half dollar set. Cert. Number 38706714 PCGS # 6275