1827 50C O-104 MS(PCGS#39696)

The Regency Auction 28

Auctioneer

Legend Rare Coin Auctions

Lot Number

52

Grade

MS65

Price

17,625

Lot Description

The FINEST KNOWN of the variety, ranking at the APEX of the the Condition Census, and no certified example of the variety has sold in auction graded finer than MS64. The Herman Halpern coin (Stack's May 1999, lot 2471, cataloged as Gem Brilliant Uncirculated) ranks at the top of Stephen Herrman's AMBPR of auction records. Comparing this coin to the 1999 black and white photo shows that this coin is NOT the Halpern coin, offering a much sharper strike on the obverse. This GEM is an old friend of ours, as our sister firm Legend Numismatics handled it several times. Legend sold this coin privately to a collector back in early 2002 who then sold it back to Legend in late 2015. Our consignor purchased this coin from Legend shortly after. It is a pleasure to handle this GEM again! Offering a stunning, original look this 1827 is a true delight to behold. A satiny, pearl-like luster blooms on either side, bringing definition and depth to the soft icy, dove patina. As you rotate the coin shades of iridescent lilac, olive, gold, and rose hues. Sharply struck devices stand out wonderfully against the smooth surfaces. The eye appeal is AMAZING. While there were nearly 5.5 million half dollars struck in 1827, utilizing 49 different die combinations, this date is remarkably RARE in GEM; more so than expected after reviewing the populations of other dates of the era. PCGS 16, NGC 7, CAC 12. The most recent example to sell in auction was back in June 2011, where one sold for $13,800; that was seven years ago. The current Collector's Universe value is listed at $15,000. Only 11 coins have been assigned higher grades at PCGS, the finest being a single MS67. A great coin for any GEM 19th century type set or specialized Bust half dollar collection. An important opportunity not to be missed. Cert. Number 80826403 PCGS # 6144