1802 50C MS(PCGS#6065)

November 2020 U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

9119

Grade

AU55+

Price

38,400

Lot Description

Condition Census 1802 Half Dollar 1802 Draped Bust Half Dollar. O-101, T-1. Rarity-3. AU-55+ (PCGS). CAC. A lustrous and beautifully toned early half rarity that ranks among the finest known. A warm glow of bronze and golden iridescence highlights the centers, framed by rich shades of teal and violet at the rims. The strike is well centered with crisp denticles on both sides and strong definition to Liberty's hair. An area of patina on the cloud below the O in OF provides a convenient pedigree marker. Just one pair of dies was employed to strike the entire 1802 issue, recycling the reverse die from the 1801 O-102 variety. With 29,890 coins struck, this issue has the lowest mintage of the Draped Bust, Heraldic Eagle type and is a key date along with the 1801. The Condition Census is topped by two Mint State examples, including the MS-62 (PCGS) Pogue specimen, followed by a half dozen pieces down through the lower AU grades. An astounding Choice AU example like the current piece falls comfortably within the top 6 or so specimens and is a significant find for half dollar collectors. Only 12 coins have been certified finer by PCGS, though these undoubtedly represent resubmissions. Provenance: From the Naples Bay Collection. PCGS Population: 10; 12 finer. PCGS# 6065. NGC ID: 24EE. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.