Lot 1245
1855-S Liberty Seated Half Dollar. Arrows. PCGS graded EF-40. A pleasing circulated example of a very significant type coin. Although two pairs of dies were shipped to the San Francisco Mint when it opened in 1854, it was not until 1855 that With Arrows half dollars were produced and it marked the only year in which No Motto, With Arrows coins were struck at this mint (in fact, no silver coinage was produced at San Francisco until 1855). Most of the drapery underneath the elbow is gone due to the dies having been abraded and polished. The surfaces are antique gray in appearance and display even wear. With a mintage 129,950, it is safe to say that almost every coin of that mintage saw heavy circulation. Breen noted that this issue was exported heavily to China. For such a significant rarity, one would think that the current price sheets are a tad low. A truly rare issue and a strong buy. PCGS has graded only 45 in all grades and the only uncirculated specimen is a magnificent MS-66 (PCGS # 6284) .
Estimated Value $1,700 - 1,900.
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| Realized $3,680 |
