Lot 1240
1853 Liberty Seated Half Dollar. Arrows and rays. PCGS graded MS-60 PQ. A fresh and original example with soft gray surfaces enhanced by golden toning. A one year type coin produced with a reduced fineness to try and halt the melting of silver coins. As California gold flooded the bullion market, the price of silver became worth more in gold dollars, thus silver coins became worth more than face value. Arrows flanking the date and rays surrounding the eagle were designed to allow the public to quickly recognize these new issues. A pleasing and choice example with finely granular surfaces, rich luster and clean surfaces and devices. Housed in an old PCGS green label holder (PCGS # 6275) .
Estimated Value $1,150 - 1,250.
The Michael M. Magdic Collection.
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| Realized $1,610 |
