1836 50C 50/00, Lettered Edge MS(PCGS#6170)

The Regency Auction 47

Auctioneer

Legend Rare Coin Auctions

Lot Number

112

Grade

MS63

Price

6,756

Lot Description

The O-116 is defined by yet another engraving error, this time, the denomination was originally punched into the working die as "00". Upon recognizing the error, the errant 0 was partially effaced and a 5 was punched over it. This CHOICE and ORIGINAL example sits just below the Condition Census, listed as 66,66,65,65,64. Wonderful quality for the grade, the surfaces are quite pleasing. A warm, glowing mint brilliance belies the dove and old silver, tan, gold tones. This is a somewhat later die state, after the dies were lapped, and all but the slightest hint of the underlying 0 is seen under the 5. Well struck, the devices are generally nicely rendered with bold details throughout. Some scattered ticks are seen with the assistance of a strong glass; these have little impact on the outstanding eye appeal and are totally appropriate for the assigned grade. PCGS 6, NGC 2, CAC 2. No CAC-approved example has sold in auction in MS63. A non-CAC coin sold in June 2021 for $5,040. The current CAC CPG value is listed at $5,750 and the PCGS Price Guide value is listed at $6,500. This is a very pleasing example for anyone working on a great Capped Bust dollar variety set. We expect strong bidding here. Cert. Number 41879081 PCGS # 6170.00