Lot 1265
1870-S Liberty Seated Half Dollar. PCGS graded MS-62 PQ. The 1870-S half dollar is a grossly undervalued and seldom seen issue that associates itself with the famous and numismatically romantic year of 1870 and coin production from San Francisco Mint. While 1,004,000 coins were produced, survivors in all grades are very scarce to rare. For example, PCGS has graded only 29 examples in all grades and the distribution of survivors is even across the entire grade spectrum. The current published price levels do not seem to take into account the scarcity and significance of the 1870-S half dollar.
This specimen is drop-dead gorgeous! Soft gray surfaces with subtle lavender and champagne toning. Flawless satiny luster and a bold strike. The fields are reflective and a perfect backdrop to a nearly perfect portrait of Liberty. Die polish lines are seen on the obverse and reverse. The reverse has gem quality luster and an untouched eagle. A beautiful and significant half dollar! PCGS has graded 2 in MS-62, 1 in MS-63, 2 in MS-64 and 2 in MS-65 as the finest (PCGS # 6329) .
Estimated Value $1,000 - 1,200.
The Michael M. Magdic Collection.
|
| |
| Realized $4,025 |
