Lot 365
1838-O Liberty Seated Half Dime. No stars. PCGS graded MS-63. One of the finest known of this rare date, mintages plunged to 70,000 pieces from the New Orleans Mint for 1838, and few were saved in high grade. In fact, PCGS has only graded 2 coins this high, with a single coin graded higher (MS-64)! This one has deep blue and gold toning on both sides, and excellent surfaces for the grade. Struck from a rusted obverse die, as were most, with the digits somewhat moth eaten in appearance. As Breen notes, "grade by surfaces and reverse only". An opportunity for the advanced numismatist to nab a truly rare coin in this grade.
Estimated Value $5,000 - 6,000.
From the Benson collection and purchased from Ira S. Reed via Wayte Raymond on December 27, 1945 for $2.50.
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| Realized $12,075 |
