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1834 HALF DIME with BULLSEYE RAINBOW COLOR, AU58 condition Capped Bust half dime.

Currency:USD Category:Coins & Paper Money Start Price:1.00 USD Estimated At:350.00 - 650.00 USD
1834 HALF DIME with BULLSEYE RAINBOW COLOR, AU58 condition Capped Bust half dime.
Welcome back. Due to the number of inquiries about consignments we request that any questions are emailed to newsletter@coinssince1994.com . Enjoy!
By order of the consignor, each of these type coins is to be sold open at only $1 at public Auction to the highest bidder. It is a wonderful type collection. Each of these coins came in by a consignor who was thrilled to hear that they might get a thousand or two more at public auction than our over the counter cash offer.

It’s all found money to them, and rare collectible type coins that have been put away for over a generation. So please enjoy!

The seemingly high mintage of 1834 half dimes is misleading, as this number for the pieces struck during 1834 includes many dated 1832 and 1833, with even earlier dates being possible. The U. S. Mint was quite thrifty and did not discard dies that were still useable. This practice lasted until Robert M. Patterson became Director in 1835 and forbade it.

There are just five die marriages known from the combining of three obverses and three reverses. None are rare, with only LM-3 and LM-5 being moderately scarce. The most popular variety is LM-1 in which numeral 3 was first punched into the die upside down. This feature is somewhat less visible on LM-3, which shares that obverse die.

(LBB)