1877 50C J-1541, BN PR(PCGS#61883)

1877 50C J-1541, BN PR (PCGS#61883)

The Regency Auction 27

Losbeschreibung: R-7- (7-12 minted). Both sides were designed by Anthony Paquet. The obverse shows Liberty facing left with her hair in a bun, pushed back with headband with 1 star and LIBERTY. Date below, stars around. Reverse: Heraldic eagle. Struck in copper with a reeded edge in medal, not coin alignment. A look at the Judd book shows that 1877 saw a storm of proposals to redesign the long running Seated Liberty design. William Barber and George Morgan churned out 21 different designs for the half dollar, including many famous designs that are among the most avidly sought by collectors today. Following those 21 is the present design, perhaps done by contract outside the mint, by Anthony Paquet. The present GEM is one of perhaps three graded in all categories by PCGS. Sharply struck in the even brown copper planchet. What makes this coin unique looking is a satiny, almost matte-like finish to the fields, not the typical mirrored Proof surfaces. The bronzed finish is like medals produced by the mint at the time. What a cool coin! PCGS 1, NGC 0, CAC 1. This coin has sold in auction three times over the last 17 years, realizing $29,900 in the 2008 FUN auction, prior to its most recent appearance in the 2016 ANA auction. Today, there is a new class of pattern collectors who have NOT seen this major rarity, and it should bring a price more than its 2008 realization. Cert. Number 81767321 PCGS # 61883