1859 50C J-238, RB PR(PCGS#11969)

The Regency Auction 27

Auctioneer

Legend Rare Coin Auctions

Lot Number

513

Grade

PR64RB

Price

2,585

Lot Description

FROM THE STEVEN COOK COLLECTION, PART 2. R-5 (31-75 minted). Longacre's "French Liberty Head" obverse, HALF DOLLAR in cereal wreath reverse. Struck in copper with a reeded edge. Designated RB on the slab, both sides are mostly RED. Richly mirrored on both sides, there is a strong contrast between the sharply struck devices and the reflective fields surrounding them. While only an R-5, it is a challenging issue to find so fine! PCGS 2, NGC 1. This coin has sold twice in auction previously, the most recent appearance was in October 2012 where it realized $2,530 (earlier it had realized $3,048 in November 2011). The current Collector's Universe value is listed at $3,000 and there is only a PR66 RB finer at PCGS in the designation. What a great looking near-GEM that shows how under appreciated patterns can be! Cert. Number 20668856 PCGS # 11969