1873-CC 50C No Arrows MS(PCGS#6338)

The August 2013 Chicago ANA World's Fair of Money

Auctioneer

Stack's Bowers

Lot Number

4292

Grade

MS62

Price

14,100

Lot Description

High-Grade Mint State 1873-CC No Arrows Half Dollar 1873-CC Liberty Seated Half Dollar. No Arrows. WB-101, Die Pair WB-1. Rarity-3. MS-62 (PCGS). Offered is a Condition Census, Mint State survivor from a mintage of only 122,500 pieces. The surfaces are remarkably smooth and adorned with light, even, well blended toning in silver-lilac and pale-rose shades. This half dollar is free of sizeable abrasions, and we note only a few wispy handling marks that are discernible after very close examination. A sharp strike and softly frosted texture further enhance this already very pleasing 1873-CC No Arrows half. Sure to serve as a centerpiece in an important specialized collection. The 1873-CC No Arrows half dollar was produced using only a Small CC mintmark punch. The 1873-CC No Arrows is actually similar in both absolute and high grade rarity to the 1873-CC Arrows but, whereas the latter issue suffered its greatest attrition through circulation, the former suffered most of its losses through melting. Indeed, we suspect that many examples of the 1873-CC No Arrows were destroyed in the Carson City Mint to provide bullion for the new lighter weight Arrows coinage authorized by the Act of February 12, 1873. PCGS# 6338. Provenance: Ex: Dick Osburn Collection. PCGS Population: just 3; 7 finer (MS-67 finest) within the No Arrows designation.