Lot 1262
1794 Flowing Hair Half Dime. . Valentine-1, LM-1. PCGS graded MS-62. Well struck, problem-free. Lovely deep turqouise toning on both sides with some reddish highlights. A Mint original beauty. Level, rolling luster with a blending of rich iridescent and gray "antique" finish of the rich sort encountered only on old estate coins of this caliber. The colors mingle smoothly atop the satiny choice MS62 quality surfaces with sharp bold relief on the stars, the hair, and, impressively so for this 1794 issue, on the eagle's breast and wings. This variety is quickly recognized by the obverse, with the third curl joined to the upper inside point of star 2. The obverse die is perfect while the reverse has a short crack from a dentil into the field between A and M.
It may well be that all 1794 half dimes were struck in 1795, since the first delivery of any half dimes was reported on March 30, 1795. It seems unlikely they might have been struck in 1794, then were held aside waiting to be counted, packaged or delivered to the Treasurer! (PCGS # 4250) .
Estimated Value $15,000 - 16,000.
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