Lot 2705
1852-O Liberty Seated Half Dime. NGC graded MS-65 PL PQ CAC Approved. The obverse displays lovely rainbow toning. The reverse exhibits a light hint of gold tone. Looks like a Proof coin. Pop 1; none finer at NGC. The only PL example graded by the service.
When it comes to New Orleans Mint silver bearing the date 1852, rarity is the order of the day. In the specific case of the '52-O Half Dime, survivors from this 260,000-piece mintage are generally found in lower grades (when they are available at all). The issue becomes scarce higher up the ladder with Mint State coins being nothing if not rare. At the top of Condition Census lies this exquisite Prooflike MS65, a multicolor Gem that possesses a full endowment of satiny mint luster supporting the electric blue and lavender-with-gold iridescence. The strike is better than average, although soft on the right-hand stars as well as Liberty's head and hair, rather typical for the issue, but there are no outwardly noticeable abrasions to draw your attention. An extremely important representative of an issue that probably saw extensive melting during the chaotic early years after passage of the Coinage Act of 1853 which reduced the silver content of America’s minor coins and caused widespread withdrawal and melting of earlier issues (PCGS # 4350) . Estimated Value $6,000 - 7,000.
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Realized $8,625 |