Lot 1265
1796 Draped Bust Half Dime. "LIKERTY" error. . LM-1, Valentine-1. NGC graded MS-62. NGC holder 1951210-001. Lightly toned with sharp details on both sides. Only two varieties this year, the other being the overdate. The I in LIBERTY on LM-1 is crowded close to the L, diagnostic for the variety. Although only two die varieties are known, A Guide Book of United States Coins. insists on listing three different entries for the date, including the Normal Date, the Overdate, and the LIKERTY variety. This latter issue is merely a die state of the Normal Date variety. John McCloskey and the late Russ Logan, authors of the current half dime reference, made no mention of the LIKERTY die state. This example, as mentioned, is a splendid well-toned Mint State whose sharp relief and choice surfaces make it in a general sort of way far superior to what one expects for this grade. No one should be baffled, then, when it realizes a price commensurate with its true condition and rarity! Pop 6; 7 finer.
Designer of the draped bust, small eagle Type is Robert Scot. These were minted only in 1796 and 1797.
Estimated Value $20,000 - 22,000.
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