Lot 1504
1891 Liberty Seated Half Dollar. NGC graded Proof 66 Cameo. Well struck and untoned. A bright gem that spares no compromises with its rich silvery iridescence on both sides. Strike is much sharper than average for the issue, even for the few surviving Proofs, in fact, no strike weakness occurs anyplace on the coin. Pop 7; 3 finer in cameo by NGC.
The Populist Party, originally the People's Party, was established in 1891, the year this Proof half dollar was minted. It occurred when the Knights of Labor and Farmers' Alliance joined forces. The party advocated the public ownership of the railroads, steamship lines and telephone and telegraph systems. It also supported the free and unlimited coinage of silver, the abolition of national banks, a system of graduated income tax and the direct election of United States Senators.
Estimated Value $3,000 - 4,000.
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| Realized $4,600 |
