1808 50C O-107 MS(PCGS#39370)

The Regency Auction 47

Auctioneer

Legend Rare Coin Auctions

Lot Number

34

Grade

MS66

Price

28,200

Lot Description

Ex Eliasberg Collection, as noted on the insert. The second FINEST O-107! The Overton Condition Census is 66,66,65,65,64, and the only finer example is the MS66+ O-107a. This is a vibrantly lustrous GEM. Sharply struck from an intermediate die state. Featuring the die crack from star 5 that traverses the head and into stars 8 and 9, which is seen on O-107a, but the other die cracks described in Overton for the later die state are not visible. The dies were slightly misalligned in the press when this coin was struck, leaving the lower obverse and upper reverse dentils slightly off the planchet. An incandescent underlying luster glows brilliantly from below the dusting of classic "Eliasberg" silver-grey-gold patina. Unmarred by any marks, lines, or unsightly toning, this is a borderline SUPERB GEM that is PQ in every way. We have to wonder why this coin did not sticker at CAC. Ex. Louis E. Eliasberg, Sr. Collection, Part II, Bowers & Merena/ Stack's April 1997, lot 1702; Philip Kaufman Collection; Joseph C. Thomas Collection, Heritage, April 2009, lot 2402 (as NGC MS66); intermediaries; Joe O'Connor, via private treaty, March 2017. PCGS 5, NGC 4. The last non-CAC PCGS-graded MS66 1808 half dollar sold in auction five years before CAC existed, back in June 2002! The most recent PCGS/CAC coin sold in April 2019 for $25,200 and the PCGS value is listed at $32,500. For the date, there are a half dozen graded higher at PCGS, including the MS66+ O-107a we sold in December 2019 and the Knoxville-Pogue-Konstantine O-103 in PCGS MS67 we sold in September 2019. This is a very impressive coin that will delight any type or date collector. Do not let this spectacular early Capped Bust half dollar pass you by! Cert. Number 16544758 PCGS # 6090.00