Lot 1270
1848-O Liberty Seated Half Dime. . Valentine-4. NGC graded MS-67. Boldly struck. Mottled royal blue with a touch of iridescense. Solidly in the Condition Census for this elusive New Orleans Mint date, both sides are beautifully and originally toned. Blended swirls of electric-blue and pinkish-silver colors adorn surfaces that are also possessed of full, softly frosted luster. Furthermore, the original mint bloom is vibrant for a survivor of the issue, and we do not hesitate to describe this superb coin as the finest '48-O Half Dime that we have ever handled.
It seems this too was a heavily circulated issue, since the 1848-O is scarce in all grades despite a fairly stout mintage of 600,000 pieces. Of the three known mintmark varieties, the Small O (Valentine-4 and Valentine-5) is the scarcest.
While retaining Christian Gobrecht's original intent for Liberty's figure, the modified seated half dimes struck in 1838 and later included an arrangement of 13 stars around the obverse border. This design was adopted by the New Orleans Mint the following year, and the stars would remain an integral part through 1859. Pop 2; none finer @ NGC. (PCGS # 4340) .
Estimated Value $2,500 - 3,000.
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