1899-O 50C MS(PCGS#6484)

1899-O 50C MS (PCGS#6484)

The Regency Auction 28

Losbeschreibung: For nearly 100 years, this coin resided in just two cabinets, John Clapp purchased this coin directly from the New Orleans mint in 1899 and retained it in his collection until his death. In 1942, Stack's brokered the sale of the entire Clapp Collection to Louis E. Eliasberg. Appearing as lot 2083 in the April 1997 Eliasberg Collection sale, it was described as: "An outstanding example of this New Orleans Mint issue. Highly lustrous surfaces with some marks on the obverse, mostly hidden in the luster and delicate toning. Silver at the centers, changing to mottled gold at the rims, and finally gunmetal-blue. A very appealing piece from an aesthetic viewpoint, and an issue which is quite difficult to obtain in higher grade levels. As is true of all of the Clapp-Eliasberg coins purchased directly from the mints, the strike is above average." PCGS 6, NGC 7, CAC 8. It is amazing how time flies, and it is hard to believe that two decades have passed since the Eliasberg sale. We cannot trace it in any auction sale, but -even in its "raw" state in 1997, this marvelous SUPERB GEM realized $16,500! The most recent PCGS/CAC coin to sell in auction was the Hugon-Garnder coin that realized $17,625 in October 2014. There are only three MS66+s graded finer, the most recent selling for $18,800. With the great Clapp-Eliasberg pedigree, this SUPERB coin is worthy of the greatest of collections! Cert. Number 25676419 PCGS # 6484