Lot 2704
1838 Liberty Seated Half Dime. Stars, no drapery. NGC graded MS-65. A well struck little gem, beautifully toned. Beginning at the Philadelphia Mint in 1838 and continuing through November 1840, working dies for the Seated Half Dime were sunk from the No Stars hub of 1837. However, 13 stars were added by being hand-punched into these working dies around the obverse border. This type with Liberty's portrait style of 1837 and 13 obverse stars is known to numismatists by the name of "No Drapery," and it was produced in only three calendar years. The first-year 1838, therefore, enjoys greater collector demand than one might initially suspect for an issue that is among the more often seen in the early Seated Half Dime series. This, of course, is due to Type-collecting pressure. For the buyer who will accept nothing less than the most attractive specimens for his collection.
Estimated Value $1,250 - 1,300.
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