LOT Old Heritage Auctions  /  2007 Signature Coin - Charlotte, NC #434  / 

2125

1795 50C 2 Leaves MS61 PCGS. O-105, R.4. Two points of

Currency:USD Category:Coins & Paper Money / US Coins Start Price:20,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1795 50C 2 Leaves MS61 PCGS. O-105, R.4. Two points of
<B>1795 50C 2 Leaves MS61 PCGS.</B></I> O-105, R.4. Two points of star 1 are attached solidly to the lowest curl, and the point of star 2 lies entirely across the end of the second curl from the bottom. On the reverse the berries are arranged 10 and seven, and there is one berry above, one below the R in AMERICA.<BR> After the considerably smaller mintage of 1794 Flowing Hair, Small Eagle half dollars, recorded as 23,464 coins, the fledgling U.S. Mint produced a much larger quantity of 1795 half dollars, recorded as 299,680 pieces. Those recorded mintages are, of course, the numbers of coins produced in each year--not the number of coins <I>dated</B></I> in each of those two years. While 1794's emission produced a total of 11 Overton varieties seen to date, the 1795 mintage, which was 12 times larger, produced only three times as many die marriages--33. While it is understandable that as Mint personnel gained experience in coining the new denomination they would manage to achieve a greater number of coins struck per die, it still appears that the numbers of known varieties compared to the recorded mintages are somewhat askew. Perhaps there were more 1794-dated pieces produced in 1795, making the 1795 rarer than generally acknowledged. While this is speculation, it does seem to square with the available evidence. However, the fact remains that the 1795 half dollars are much less rare than the 1794 pieces, making the 1795-dated pieces the obvious choice to represent the Flowing Hair, Small Eagle type.<BR> The present coin offers original lustrous, mostly untoned surfaces with a light cast of silver-gold over each side. Perusal with a loupe reveals scattered flecks of steel-gray patina. A bit of planchet roughness or die rust is seen near the obverse stars, and a loupe reveals a few scrapes on Liberty's face, cheek, and neck, and a couple more in the right (facing) obverse field. There is, of course, strictly no sign of rub, and this piece, save for the light patina, must appear remarkably similar to the day it dropped from the dies 212 years ago. A piece destined to form the centerpiece of an advanced date or type collection.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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