Goldberg Coins and Collectibles



Sale 117

September 13-16, 2020 Pre-Long Beach Auction


Half Dollars
 
 
Lot Photo Description Realized
Lot 620
1794. O-101, Rarity 3. NGC graded AU-55. A hint of classic gunmetal gray tone on both sides with flashes of orange-gold in the devices. The date is well struck with full flowing curls on Liberty and all of the feather detail on the eagle's wings. A popular date and the first year of issue of the half dollar series. Remarkably well preserved as so few of these even survived, and finding one with just a touch of wear like this takes years of patient searching. A prize for the astute numismatist who appreciates quality, rarity and eye appeal. Condition census quality never goes out of style! Only 23,464 struck. Pop 1; 2 finer for the variety, 1 in 63, 1 in 63+. Estimated Value $50,000 - UP
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Unsold
Lot 621
1794. Overton-105. Rarity 5. NGC graded VG-10. CAC. Nice even antique gray and gold toning on both sides. This is a much scarcer die marriage than the commonly seen Overton-101 variety. Liberty's hair curls are well formed and many are still showing good separation despite moderate circulation. There's a few residual adjustment marks mostly on the reverse, where excess silver was filed away at the mint prior to striking this important early silver coin. The surfaces are attractive and this handsome coin will no doubt find many buyers eager to purchase it. Only 23,464 struck. Pop 2; 7 finer at NGC for the variety. Estimated Value $4,000 - UP
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Realized
$4,560
Lot 622
1795. Overton-103, Rarity 5. NGC graded AU-50. Even toning on both sides. This coin is likely the 3rd finest for this variety and tied with just one other at the level. The strike is sharp with full separation on Liberty's curls on the obverse and full wing feathers on the reverse. It is identifiable by a short scratch above ST of STATES on the reverse which confirms this is from the famed Robert P Hilt, II Collection sold by Heritage in 2015. Not only is this one of the finest of the die variety, but its a high grade 1795 half dollar by any measure. Collectors have to search long and hard to find a coin this well preserved of this type. An important offering for the specialist or type collector seeking a high grade, high appeal example. Pop 1; 2 finer in 58 for the variety. Estimated Value $8,000 - 9,000
Ex Robert P. Hilt, II Collection.

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Realized
$8,400
Lot 623
1795. 2 Leaves. Overton-121a, Rarity 6. PCGS graded Good-6 PQ. CAC. Nice old time toning on both sides. This is a rare die state with a heavy die crack up between the 95 in the date to the bust. Clearly the die didn't strike too many more coins once this crack formed and the obverse die was replaced. This coin shows natural antique gold toning on both sides with flashes of silver in the protected areas. A well balanced and preserved coin and a solid representative of this rare and popular die state (PCGS # 6052) Estimated Value $1,000 - 1,100
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Realized
$1,380
Lot 624
1801. O-101, Rarity 3. NGC graded AU-53. Nice old time gold and lilac toning on both sides. This is a tough date with a modest mintage and a date which is rarely found with so much hair detail and wing feather definition on the eagle. A key issue and this one is quite attractive and in a very high grade. Only 30,289 struck. Pop 1; 1 finer in 63 for the variety. Estimated Value $10,000 - UP
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Unsold
Lot 625
1805. Overton-109a, Low Rarity 4. PCGS graded VF-20. CAC. PQ. Nice even golden-gray toning on both sides. Housed in an Old Green Holder. This is a well struck coin with most of the definition intact. The surfaces are pleasing and the strike sharp. Furthermore, it is a later die state with a long crack on the reverse crossing the lower portion of the shield. Scarce and desirable! An impressive example of this popular type or date coin (PCGS # 6069) Estimated Value $800 - 850
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Realized
$660
Lot 626
1806. Knobbed 6, small stars. PCGS graded VF Details, Rim Damage. Nice even grey toning. Small tiny rim nick at 6:00 of obverse (PCGS # 6075) Estimated Value $350 - 400
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Realized
$432
Lot 627
1807 O-102, Rarity 2. NGC graded MS-63. Nice old time toning of silver gray with russet tinges here and there in the recesses of the design. This is the final year of issue for the Draped Bust, Heraldic Eagle design. Precious few of these survive in Mint State, let alone in Choice grades like this example. Classic light silver-gray with lilac hints in the toning. The surfaces exhibit some luster beneath the toning and are free of all but microscopic signs of handling. The strike is fairly sharp save for the uppermost curls above Liberty's temple. A condition rarity that is well suited for the type or date collector seeking a high end example of this challenging type coin. Pop 10; 31 finer at NGC. Estimated Value $9,000 - 10,000
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Unsold
Lot 628
1807 Draped Bust. ANACS graded EF-40. Antique mottled toning, particularly on the reverse. The surfaces are pleasing with good definition on Liberty's hair as well as the eagle on the reverse. Our grade VF-30. Estimated Value $900 - 1,000
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Realized
$1,050
Lot 629
1812/1 Overdate 2 over 1 with Large 8 Overton-101a R5 PCGS XF Details Scratch. A sharply detailed example of this very rare variety but lightly cleaned and there are a couple fine scratches from the neck to star 1. Otherwise this piece is quite nice and mint frost shows in the protected areas on both sides. Medium gray with lighter silvery-gray in the protected areas. A die crack connects the date to most of the stars. A decent example of this very rare variety, the rarest of the year and a prize for Bust Half Dollar specialists. The attribution is noted on the PCGS label. PCGS #39442. Estimated Value $3,000 - UP
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Realized
$3,840
Lot 630
1812. O-110, Rarity 1. NGC graded MS-66. Frosty and well struck with super clean surfaces and amazing quality for this early era Capped Bust half dollar. Delicate lilac and russet-gray toning on both sides. The fields and surfaces are virtually pristine. Ample luster in the fields and the strike is bold throughout. Incredible quality as expected for the lofty grade, and an extraordinary coin to represent this early issue. Slightly toned. Pop 20; none finer at NGC. Estimated Value $13,000 - 14,000
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Unsold
Lot 631
1818. O-114a, Rarity 3. NGC graded MS-65. Nice even golden-gray toning on both sides that is well balanced, attractive and light. Well struck on the stars and Liberty's curls as well as the eagle's feathers. Incredible quality for an 1818 Capped Bust half dollar, with strong visual appeal and stunning mint state preservation that retains the gem grade level. An amazing coin that will be a centerpiece of any advanced collection. Pop 1; the finest example graded at both services for the variety. Estimated Value $8,000 - 8,500
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Unsold
Lot 632
1819, 9 over 8. Large 9. O-102, Rarity 2. PCGS graded MS-65. Classic lilac gold and silver-gray toning throughout with deeper hues outlining the devices. The strike is sharp and the surfaces are outstanding, with virtually no signs of handling. Exceptional quality for the collector who appreciates eye appeal and technical superiority. Certainly one of the finest of this popular overdate issue and worthy of a bold bid reflective of its desirability. Nicely toned and well struck. Pop 5; 4 finer, 1 in 65+, 3 in 66. (PCGS # 6119) Estimated Value $18,000 - 19,000
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Lot 633
1823. Overton-103, Rarity 2. PCGS graded MS-62. Boldly struck with nice even gold and russet toning. The strike shows a hint of softness on Liberty's curls and some of the star centers, but all the important devices are present as expected for a mint state piece. Scarce early dates in the Capped Bust half dollar series are always in firm demand by collectors, and this 1823 is destined for an advanced collection. Pop 2; 3 finer at PCGS for the variety, 1 in 63, 1 in 64, 1 in 65. (PCGS # 39606) Estimated Value $1,000 - 1,100
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Realized
$1,560
Lot 634
1824. Overton-104, Rarity 2. PCGS graded MS-65. CAC. PQ. A lovely example that is likely the very finest known and the only CAC example of the trio of MS65 examples known from these dies. The strike is glorious, with full curls on Liberty, the stars mostly sharp too. For the reverse the eagle's feathers are all bold, and the lettering crisp and sharp. The surfaces are stunning, truly a quantum leap above the typical lower grade seen. Notice the satin freshness of the fields, free of distracting marks, with luster intact and not limited by careless handling over the last nearly 200 years. A towering example with a fantastic pedigree that is nearly as old as the coin itself. Pop 1; tied for the finest examples graded at both services for the variety. (PCGS # 39624) Estimated Value $15,000 - UP
Ex Eliasberg Collection; Ex Link Collection.

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Lot 635
1824. Overton-115, Rarity 2. PCGS graded MS-64. Nice old multi-colorful toning on the obverse and bright gold toning on the reverse around the rims, brighter in the centers. The surfaces are free of marks and retain quality that nudges close to the gem level. Scarce this well preserved! Pop 2; only 1 graded finer in 64+ at PCGS for the variety. (PCGS # 39637) Estimated Value $3,400 - 3,500
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Realized
$2,160
Lot 636
1824, 4 over 4. O-110, Rarity 2. NGC graded MS-65. Nicely toned with rose-gold and lilac on both sides. All the devices are well struck, right down to the uppermost curls on Liberty. The repunched 4 in the date is one of the more popular varieties, and this naked eye variety is a major play for the Registry Collectors, and this one stands tall as one of the very finest known. A numismatic prize for the specialist! Pop 2; 1 finer in 66 for the variety. Estimated Value $7,000 - 7,500
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Unsold
Lot 637
1825. Overton-111, Rarity 3. PCGS graded MS-64. CAC. PQ. Nicely toned with fiery russet gold and rose hues and well struck. The surfaces are especially clean and attractive, and Liberty's curls and dress clasp are boldly struck. A slight double profile is noted, as commonly seen in this era on these half dollars and other coins. A simply glorious example for the specialist or type collector. Pop 2; only 1 graded higher in 65 at PCGS for the variety. (PCGS # 39658) Estimated Value $3,700 - 3,800
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Realized
$2,640
Lot 638
1825. Overton-106, Rarity 3. PCGS graded MS-63. Lightly toned with russet gold and well struck. A couple of traces of blue tone are noted, and the strike is reasonably sharp on Liberty's curls and the stars. Excellent surfaces and clearly a beautiful example of this variety, which likely retains a toe in the Condition Census for the variety. Pop 1; the only Mint State example graded at PCGS for the variety. (PCGS # 39652) Estimated Value $1,900 - 2,000
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Realized
$1,380
Lot 639
1825. Overton-107. PCGS graded MS-62. Lightly toned with soft dove gray and silver on the obverse, deeper through the stars. The reverse shows richer toning with a more uniform golden russet shade, with a few deeper specks around the periphery. Sharply struck and most pleasing for the grade. A classic mint state example from this important and historic era. Pop 1; tied with an NGC MS-62 example for the finest graded at both services for the variety. (PCGS # 39654) Estimated Value $1,200 - 1,300
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Realized
$1,740
Lot 640
1827 O-120a, Rarity 3. NGC graded MS-67. A lovely mostly untoned gem that is brilliant silver in color with a pale dusting of golden hues. All the devices are well struck, including the central curls on Liberty and all the eagle's feathers. This coin is the finest known of this die variety by two grade points. It was sold in the Kaufman Collection many years ago. The surfaces are as close to perfection as any collector could hope to find. On this die variety, there are numerous die scratches (seen on all coins produced from this die) below Liberty's bust. These are simply a part of the hand made die process, and add to the charm of these historic and popular coins. This example is simply astounding in quality and it would be unimaginable to find any example of this date in higher grade. It would be hard to imagine a more perfect example of this type, with satiny luster and untouched fields and devices in full abundance. A stellar coin that will always be a centerpiece in an advanced collection. Pop 1; the finest example graded at both services. Estimated Value $25,000 - UP
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Lot 641
1827. Square Base 2. O-106, Rarity 2. NGC graded MS-65. Lovely blue toning on both sides with flashes of iridescence when examined under a light. The surfaces are outstanding, with no marks on Liberty's profile or in the fields. Hence this coin is a solid gem! Although a plentiful die pairing, not many survive of this variety, or date that can approach the seductive quality of this sparkling gem. All the devices are boldly struck and impressive to observe. Pop 25; 10 finer at NGC. Estimated Value $5,000 - 5,500
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Lot 642
1827, 7 over 6. Overton 101, Rarity 2. NGC graded MS-66. Nicely toned with vibrant orange-gold at the right hand stars and into Liberty's curls. The balance is attractive golden-gray with flashes of luster when examined under a light. The reverse is a good match in toning. The devices are all well struck. Outstanding surfaces as expected for this monumental grade, with nary any signs of handling to be found. This is an ever popular overdate which is in strong collector demand, especially in such a top grade as this! One of the finest seen. Pop 2; 1 finer in 67. Estimated Value $15,000 - 16,000
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Lot 643
1827. Square base 2. Overton-142, Rarity 3. PCGS graded MS-63. Nice light gold and lemon toning and well struck with bold definition throughout. Attractive quality and desirable, certainly in the Condition Census for the variety, and topped by coins no finer than MS64. Pop 1; only 1 finer in 64 at PCGS for the variety. (PCGS # 39742) Estimated Value $1,600 - 1,700
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Realized
$1,890
Lot 644
1827. Square base 2. Overton-117, Rarity 3. PCGS graded MS-63. Nice dark blue toning and well struck. The obverse shows a dash of greenish russet too, while the reverse is deeper around the periphery, brighter at the center. An elegant coin that is quite choice in appearance with clean surfaces and a solid strike. Scarce this nice! Pop 3; tied for the finest examples graded at PCGS for the variety, only 1 graded higher at NGC in 64. (PCGS # 39713) Estimated Value $1,600 - 1,700
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Realized
$1,980
Lot 645
1828. Curl base, no knob 2. Overton-102, Rarity 2. PCGS graded MS-60. Nicely toned on both sides with lilac gray and gold over lustrous fields. The strike is sharp on the curls and stars, well matched on the eagle. Free of any deep hits or distracting handling marks, despite the modest grade. An appealing example for the type or variety collector. Pop 1; 3 finer at PCGS for the variety, 1 in 63, 1 in64, 1 in 65. (PCGS # 39755) Estimated Value $1,400 - 1,500
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Realized
$1,080
Lot 646
1829. O-112, Rarity 1. NGC graded MS-66. Boldly struck and nicely toned on semi reflective fields. The centers and devices are pleasantly toned with light silver, accented by deeper russet shades that outline the devices, particularly on the reverse. Highly original and pleasing to the eye. The surfaces are splendid and retain nearly all of the original mint fresh smoothness and luster, and glorious quality for this date. Impressive! Pop 2; tied for the finest examples graded at both services. Estimated Value $8,500 - 9,000
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Lot 647
1829. Overton-105, Rarity 1. PCGS graded MS-64. Boldly struck with nice old time toning which varies from satiny white silver to deeper russet accents on the obverse. The reverse shows a bit more toning with flashes of bright silver intact. Sharp and attractive in every way, with splendid surface and field quality as expected for the lofty grade. Some mint luster evident beneath the tone. A good selection for the advanced type collection or date set. Pop 2; 1 finer in 65 for the variety. (PCGS # 39784) Estimated Value $2,500 - 2,600
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Realized
$1,800
Lot 648
1832. Small Letters. Overton-116, Rarity 3. PCGS graded MS-62. Boldly struck with nice even toning of satin tawny gold over luster. The strike is sharp on nearly all the stars, curls and feather tips. Examination of the fields and Liberty's cheek and neck finds nothing to fault, as these areas are undiminished by handling, and if anything gloriously enhanced by the toning. Pop 3; tied for the finest examples graded at PCGS for the variety. (PCGS # 39875) Estimated Value $1,200 - 1,300
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Realized
$870
Lot 649
1832. Small Letters. Overton-115, Rarity 1. PCGS graded MS-62. Nice blue toning mixed with lilac gray and a touch of deeper russet. The curls on Liberty are sharp, and the surfaces pleasing for the grade. Free of any distractions, and a lot of coin for the price. Scarce this nice! Pop 2; tied for the finest examples graded at PCGS for the variety. (PCGS # 39874) Estimated Value $1,200 - 1,300
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Realized
$960
Lot 650
1832. Small Letters. Overton-106, Rarity 1. PCGS graded MS-62. Well struck with nice light gold toning on both sides with soft russet traces intermixed. The surfaces are clean and fresh, with strong luster too. Bold stars with their radials struck up, and the surfaces are free of all but tiny nicks from long ago handling. Pop 1; 2 finer at PCGS for the variety, 1 in 64, 1 in 65. (PCGS # 39864) Estimated Value $1,200 - 1,300
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Realized
$810
Lot 651
1833. Overton-110a, Rarity 2. PCGS graded MS-63. Nice even toning with lilac gray and a touch of russet rose blended over the lustrous fields and devices. Rather well struck too, with bold curls on Liberty and all the feathers defined on the eagle. Super clean surfaces for the grade, and a lot of eye appeal for this type. Pop 1; the finest example graded at both services for the variety. (PCGS # 39899) Estimated Value $1,700 - 1,800
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Realized
$1,140
Lot 652
1834 Small Date, Small Letters. O-109, Rarity 1. NGC graded MS-67. Lovely toning on both sides of classic russet gold with ample luster. Boldly struck on Liberty's curls and the stars, the reverse too is sharp in every regard. Outstanding fields and devices, with no distracting handling marks to be found, even with a strong loupe. A coin of amazing quality and appeal and precious few Capped Bust half dollars earn the Superb MS-67 grade! The presentation here is most elegant, with the delicate small sized date punch used in combination with the smaller letters for the legend on the reverse. The Motto on the scroll is sharp and full, which is a feature seldom seen on Capped Bust half dollars from this era, which normal show a shallow or weak area on the scroll opposite of Liberty's bust. Not so here, all is sharp and bold. A prize for the astute collector who needs a superb gem example. Pop 5; tied for the finest examples graded at both services. Estimated Value $19,000 - 20,000
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Lot 653
1834. Sharpness of EF, Cleaned. Delicate golden toning starting to form but mostly light silver gray. The surfaces are pleasing and the strike sharp overall. A nice collector coin. Estimated Value $150 - UP
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Realized
$96
Lot 654
1834. Large date and letters. Overton-103, Rarity 2. PCGS graded MS-64. Lovely blue toning with fiery russet to the centers, and graced by reflective fields. An outstanding coin for the eye appeal and surface quality, coins like this are elusive when grades like MS64 are earned. A highly appealing coin for the color, luster and quality. Pop 1; the only Mint State example graded at PCGS for the variety. (PCGS # 39907) Estimated Value $3,000 - UP
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Realized
$2,640
Lot 655
1834. Small date and letters. O-114, Rarity 1. NGC graded MS-65. Nice blue, lilac and golden toning on the obverse, the reverse with classic deep blue at the rims, fading to brighter silver at the centers. Boldly struck throughout, with cascading curls down Liberty's head and shoulders, and full feathers on the eagle's wings. The strike is sharp on all the devices, and the fields and devices are super clean and attractive. Precious quality combined with solid eye appeal, combine to enhance every aspect of this magnificent gem coin. Pop 1; the finest example graded for the variety at both services. Estimated Value $4,000 - 4,500
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Lot 656
1834. Small date and letters. Overton-113, Rarity 1. PCGS graded MS-61. A hint of silver tone which deepens a tad around the periphery, likely from some years in an album. Frosty and silver bright at the centers. The strike is pleasing and bold, with solid curls on Liberty, and the feathers well defined on the eagle. Lustrous. Pop 1; only 1 graded finer in 64 at PCGS for the variety. (PCGS # 39917) Estimated Value $1,100 - 1,200
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Realized
$720
Lot 657
1835. Overton-105, Rarity 1. PCGS graded MS-62. Frosty and untoned with soft silver gray with a hint of slate gray. The strike is a trifle soft on some of the stars and reverse legends, but the centers are mostly sharp. Clean surfaces and reasonably attractive for the modest grade. Pop 3; 2 finer at PCGS for the variety, 1 in 63, 1 in 64+. (PCGS # 39931) Estimated Value $1,100 - 1,200
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Realized
$870
Lot 658
1836. Lettered edge. Overton-110, Rarity 1. PCGS graded MS-64. Nicely toned with lovely russet gold with an arc of blue on the upper reverse. The strike is sharp, with full curls on Liberty's head and shoulder, and underlying luster in evidence. Excellent surfaces as expected for this near gem grade. A condition rarity worthy of any high grade type, date or variety set. Pop 1; the finest example graded at PCGS for the variety. (PCGS # 39946) Estimated Value $2,700 - UP
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Realized
$1,800
Lot 659
1836. Lettered edge. Overton-104, Rarity 3. PCGS graded MS-63. Boldly struck with nice even golden gray toning. Boldly impressed on the eagle and Liberty's curls. Classic old time colors and attractive for the choice grade assigned. Pop 1; the only Mint State example graded at PCGS for the variety. (PCGS # 39941) Estimated Value $2,600 - UP
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Realized
$1,560
Lot 660
1836. Lettered edge. Overton-114, Rarity 2. PCGS graded MS-64. Nice blue, russet and gold toning on both sides. A nice coin that offers clean and attractive surfaces, fantastic color and a heap of eye appeal. A couple of tiny nicks on the face from a gem grade. Final year of issue of the Capped Bust, Lettered Edge type. Desirable. Pop 1; the finest example graded at PCGS for the variety. (PCGS # 39949) Estimated Value $2,000 - UP
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Realized
$1,560
Lot 661
1836. Reeded edge. GR-1, Rarity 2. PCGS graded MS-63. Lovely gold and blue toning with splendid russet gold accenting the devices. The toning is simply glorious on this important first issue from the new steam coining press finally ready for operation in late 1836. This was a major advancement for the Philadelphia Mint, and the realization of a dream since their opening in 1793. Why is this? Well, the Boulton and Watt coining operation in Birmingham, England developed this steam minting technology in the 1790s and all world was envious. Their machinery eliminated the need for much of the repetitive tasks such as the manual labor required to strike the coins and the horses used to draw the metal bars through the drawing mills. All these tasks could be done by the machinery driven by steam, which produced far more uniform coins and more rapidly than a well staffed mint could produce. So, here is one of the very few surviving 1836 Reeded Edge half dollars that has developed glorious toning over lustrous surfaces. Softly struck in the reverse center as the Philadelphia Mint was still tinkering with the striking pressure when this one was coined. Pop 8; 9 finer at PCGS. (PCGS # 6175) Estimated Value $15,000 - UP
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Realized
$14,418
Lot 662
  1833. 1833 50c our grade VF. 1833 50c O-105, recut second "S" in states, our grade EF. two-piece lot. Estimated Value $200 - UP
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Realized
$150
Lot 663
  Group of 15 Early Half Dollars grading Good to AU. Average grade is VF. Includes 14 Capped Bust type dated 1808-1836 and one Seated Liberty dated 1854. Many are lightly cleaned. Inspection recommended. Lot of 15 coins. Estimated Value $1,000 - UP
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Realized
$1,380
Lot 664
1840. Small letters (reverse of 1839). PCGS graded MS-65. Lovely blue and golden toning on both sides, with deeper blue to aqua at the rims, fading to golden russet to silver frost at the centers. The strike is solid and bold, with crisp details throughout. Gorgeous toning as noted, and this early date is the design conceived by Christian Gobrecht. Notice the stars are somewhat small and delicate, and the reverse lettering too is thin and attractive, giving the fields a very open appearance. Within a few years the letters were made thicker and not quite so elegant. A most attractive example of this sought-after early Gobrecht half dollar. Well struck. Pop 8; 6 finer, 5 in 66, 1 in 66+. (PCGS # 6234) Estimated Value $6,000 - 6,500
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Lot 665
1841. PCGS graded MS-64. Semi reflective fields. Even light gold and umber toning with hints of sea green hues. The strike is full and complete, but what is astounding here is the quality of the surfaces, which are simply amazing. Undisturbed by handling or time, the only confirmation of nearly 160 years passing is the elegant toning which has slowly enhanced all the devices. Pop 7; 1 finer in 65. (PCGS # 6236) Estimated Value $3,500 - 3,600
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Lot 666
1842. Medium date. PCGS graded MS-65. Nice old time toning of antique silver gray with deeper russet accents around the peripheral devices. Well struck with sharp definition throughout. It is noteworthy that the surfaces are of fantastic quality, no signs of handling or distracting marks are seen. Here in 1842 the delicate thin date punch of the prior years has been updated and the digits are now thicker, similar with the reverse legends, with taller and thicker letters. These larger letter and date punches gave these coins increased protection from years in circulation, but as seen here, also caused the dies to crack connecting the letters of HALF DOLLAR as often seen from this point on for this series. Pop 3; 1 finer in 66. (PCGS # 6239) Estimated Value $5,000 - 5,500
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Lot 667
1853. Arrows and rays. PCGS graded AU-55. A frosty white coin (PCGS # 6275) Estimated Value $400 - 450
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Realized
$840
Lot 668
1855-O. Arrows. PCGS graded MS-66. Well struck. Nice even toning with sea green and lilac colors. Very pretty with luster peeking through from beneath and a bold strike on all the devices. Always in high demand for the Arrows at the date and these popular coins are rarely found so well preserved.

The reason for the Arrows at the date is due to a slight reduction in the silver content in the half dollar planchets starting in early 1853. The monetary upheaval was intense in the early 1850s due to the fixed ratio of gold to silver and the sudden discovery of immense gold deposits in California. Thus the price of gold came down a bit, which caused the value of the old silver coins to be worth about $1.07 per dollar of coins! This allowed from profitable export and melting of our silver coins. Hence the amount of silver was slightly reduced to make melting then no longer profitable and these Arrows at the date announced this fact so the hoarders would no longer grab these coins for melting down. Pop 6; 4 finer, 2 in 66+, 2 in 67. (PCGS # 6283) Estimated Value $10,000 - UP
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Lot 669
1856-O. NGC graded MS-65. Lovely toning of a mixture of gold, russet and blue on both sides. Excellent surface quality for this popular New Orleans date, with a sharp strike on the stars and most of Liberty's dress folds. Scarce this nice and quite desirable for this collectible issue. Pop 17; 2 finer in 66. Estimated Value $3,500 - 3,800
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