Lot 711
1839-O Capped Bust Half Dollar. PCGS graded MS-64. This is one of the finest graded of this important rarity. PCGS has seen just 8 this high, with a single coin graded higher (MS-66), making this one of the very finest known of this rare 2 year type coin. One of the most important features is also the bold obverse O Mintmark above the date. The obverse mintmark was used for just a couple of years before people complained that it was too obvious, and hence it was soon (1840) moved to the reverse. As we now know, the various branch mintmarks stayed on the reverse until 1909 when the obverse mintmarks appeared on cents and double eagles (1908), and 1916 when they appeared on the obverse again on quarters and half dollars.
This particular coin is blazing white with luster and completely without toning. There is a minor reeding mark on Liberty's cheek, but the surfaces are truly clean for the grade. Several die cracks are noted around the periphery of the obverse and reverse, and this is the normal die state seen. The strike is full and complete, with no signs of weakness.
Estimated Value $8,000 - 9,500.
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| Realized $8,050 |
