Lot 1826
1878 Pattern Half Eagle. Copper, reeded edge. Judd-1576. Pollock-1769, High Rarity-6. PCGS graded Proof 66 Brown. A stunning pattern half eagle which is struck in copper, and unlike most of the others known, was not gilt. The surfaces are outstanding, resplendent beyond description, and the colors range from deep mahogany to blue and red. PCGS has only graded 2 of these, this particular coin which is clearly the finest they've seen, and one other as PR-63 Red. Most of the known examples of this pattern issue are tied up in foundations or national collections, and apparently off the market permanently. This specimen is very boldly struck throughout, with dies aligned properly at 180 degrees.
This pattern was designed by William Barber, the obverse head of Liberty facing left and wearing a large cap (not unlike the then new Morgan silver dollar), with a band inscribed LIBERTY. Her cap is ornamented with two wheat ears, and her hair curls cascade below her shoulders. Thirteen stars are arranged seven on the left and six on the right, and separated by the motto IN GOD WE TRUST at the top in tiny letters.
On the reverse, we completely agree with the description of this pattern issue given by the cataloger at Bowers and Merena in the Harry Bass, Jr., Sale Part I, May 7, 1999:1375, where the term "Ugly Eagle" was coined. The eagle's left wing (viewers right) is grossly disproportionate to its body, and the right wing is similarly too large. Even the branch is much too large compared with the size of the eagle, with leaves the apparent size of cucumbers. The upper arrowhead is not complete. Everything about this reverse shouts "rush job" that or is was engraved by a trainee. Needless to say, this design was not adopted for regular coinage (PCGS # 61940) .
Estimated Value $12,500-UP.
|
| |
| Realized $16,675 |
