Lot 1401
1853. Arrows and Rays. PCGS graded MS-64 PQ. CAC Approved. On February 21, 1853, Congress authorized the reduction of the silver content in half dollars from 206.25 grams to 192 grams. Mint Director George N. Eckert determined that a distinguishing feature needed to be added to these new lower weight coins, and used two arrows flanking the date and rays surrounding the eagle on the half dollar and quarter, and just arrows on the dime and half dime denominations. This additional design feature had a hidden problem, normal die life dropped by two-thirds because these new features caused the dies to crack much earlier. As a result, the Rays were dropped the next year, 1854 from both the quarter and half dollar. Impressive quality for an 1853 Arrows and Rays half dollar as the surfaces are satin smooth and retain a lustrous sheen. Light mauve-gray toning overall and quite satiny in texture. The strike is sharp on all devices, and the bold Arrows and Rays stand out from the fields, Scarce at this grade level and rare finer for this important one year type issue. Pop 207; 29 finer at PCGS. (PCGS # 6275) .
Estimated Value $5,000 - 5,500.
|
| |
| Realized $5,640 |
