Lot 1131
1796 Draped Bust Half Dollar. 15 stars. PCGS graded EF-40 PQ Overton-101. Well struck with plenty of detail on an excellent smooth planchet with only the faintest adjustment marks near the right obverse border. Lovely natural antique greyish-violet toning with some lighter highlights. A Premium Quality coin for the grade. The rims, borders, and fields are particularly choice. Fewer than 4,000 half dollars of 1796-97 were released, and of those, only a few are known to have survived. Readers of the Red Book often sit blinking in disbelief at the extremely low figure given: 3,918 pieces spread unevenly over the two dates. Authoritative estimates range from fewer than 200 to over 300 coins in collectors' hands today. Prospective bidders of the lovely Extremely Fine 40 offered in this Lot will appreciate its spectacular numismatic potential and original, untampered-with condition. Of all the rare half dollar issues, specimens of the draped bust, small eagle are the most difficult to locate, they were struck in only two years. This piece leads the way in its grade category. Pop 3; 10 finer at PCGS (PCGS # 6057) .
Estimated Value $75,000 - 80,000.
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| Realized $89,125 |
