1809 50C Overton 109b III Edge MS(PCGS#39388)

The Regency Auction 56

拍卖行

Legend Rare Coin Auctions

批号

169

等级

MS65

价格

290,438

详细说明

THE SAN DIEGO COLLECTION An exciting and well pedigreed GEM 1809 half dollar! Visually and technically stunning with a bold visual allure that is heads and shoulders above the typical 1809 of ANY variety or edge. Indeed, of the Overton number, only a single coin is graded numerically higher, an NGC MS66+. The O-111b die state is considered Rarity-4, and is highly desired among specialists; as one of the FINEST KNOWN, this coin will delight all sorts of collectors. One look at this GEM and it is clear that it has to rank among the FINEST for the Red Book type and Overton variety. A full, radially swirling cartwheel luster rolls brilliantly on both the obverse and reverse, bringing out a gorgeous orange-peach gold that deepens to teal-blue at the peripheries. Exceptionally sharp in strike, the devices were fully brought out by a forceful impression from the press. Ms. Liberty and the details are crisp and have a bold frost all over. Struck from a late state of the dies with heavy, radial flowlines pulling the peripheral devices toward the edge, the stars are likewise stretched outward toward the rim. The reverse legends are nearly all connected by thin die cracks. Larger breaks are seen at the tips of the top two arrowheads and within MER of AMERICA. In 1809, officials at the mint altered the "third" die, of the castasing machine, which imparted the lettered edge. In a further effort to increase efficiency to the coining process, the mint experimented altering the edge dies, placing XXX or III at the ends. Placement of the coin in the machine had FIFTY CENTS OR on one die, and HALF A DOLLAR on the other. It was thought that adding III or XXX to the front and back would make it so the coiner would not have to be as careful in his placement in the castaing machine. This experiment was conducted only for a single year, 1809, creating two distinct and collectible variants for the date. Ex Stack's via private sale in January 1990 to Andrew Hain; Hain Family Collection, January 2002, lot 1249; D. Brent Pogue Collection; Stack's Bowers/Sotheby's sale of the D. Brent Pogue Collection, Part II, September 2015, lot 2008; Konstantine Collection; our Regency Auction 28, September 2018, lot 9; Jim O'Neal Collection, Heritage, April 2019, lot 3727; our consignor. PCGS 3, NGC 1. In its three most recent auction appearances, this GEM sold has sold between $42,300 and $47,000. The current PCGS Price Guide value is listed at $52,500. PCGS has graded just a single MS65+ finer, a coin that has never sold in auction, but may be the ex Byers coin which was the aforementioned NGC MS66+. This coin has a great look, great pedigree, and will sell for a strong bid. Good luck! Cert. Number 46263192 PCGS # 39388