Lot 756
1859. NGC graded Proof 65. Only 800 minted. Lovely blue and golden toning. Elusive and quite desirable as a Gem Proof, this conservatively graded example is free of spotting and we see there resides on the surface original (and quite iridescent) toning. The strike is everywhere complete, and is definitely above par for the period Proofs; both sides reveal extensive design detail.
For all intents and purposes, the 1859 modified design might well be considered a one-year Type coin. According to the Breen encyclopedia, "In early 1859, for Philadelphia Mint half dimes only, Longacre's new assistant Anthony C. Paquet (1814-82) prepared a new obverse hub; this was not copied on other denominations. It is most notable for hollow stars, slimmer arms, smaller cap, larger head. Coiffure, profile, and drapery folds are all altered …The new hub occurs on both the 1859 Philadelphia obverses, and reappears on the 1859 and 1860 fantasy coins without UNITED STATES."
Before the end of 1859, the mint’s chief engraver, James Longacre, made entirely new hubs for the 1860 dime and half dime. Many have suspected that Paquet's limitations as a coin designer induced Longacre to ease him out. Pop 48; 24 finer, 16 in 66, 7 in 67, 1 in 68.
Estimated Value $2,500 - 2,600.
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