1848 1/2C Original, RB PR(PCGS#1297)

1848 1/2C Original, RB PR (PCGS#1297)

The Regency Auction 61

Auctioneer
Legend Rare Coin Auctions
Lot Number
6
Grade
PR65RB
Price
35,250
Lot Description
EX. MISSOURI CABINET COLLECTION, as noted on the holder. The extreme great rarity and quality of this coin can NOT be overstated. It is as rare as an1894-S Dime, and it has VERY high end quality! In your lifetime you will see no more than a handful of ORIGINAL HALF CENT PROOFS offered of any date or grade. What a marvelous and totally ORIGINAL GEM this coin is. The fields are nicely reflective with moderate mirrors on the obverse and slightly deeper ones on the reverse. The color is a totally ORIGINAL mix of faded mint red and light brown. A few tiny toning dots can be seen -but do NOT stand out. Miss Liberty and the details are needle sharp in strike and have light frost. The eye appeal is very nice! ONLY 15 pieces were ever minted. PCGS 1, NGC 0, CAC 1. The only other piece graded 65-is the other PR65+ from the Missouri Cabinet (which brought $94,875 back in 2014) Most likely this will be the ONLY ORIGINAL PR 1848 for sale for years. It last sold in 2020 for $36,425. The current Collectors Universe value is $50,000. The last PR64RB that sold was back in 2003-that coin brought $10,350. We can't stress enough how much we feel these are UNDERvalued. This coin is ex. Missouri Cabinet-possibly the finest ever group of PR Half Cents assembled. Good luck! Cert. Number 27383838 PCGS # 1297
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