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

769

1837 50C MS65 NGC. The 1837 is one of only two issues

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1837 50C MS65 NGC. The 1837 is one of only two issues
<B>1837 50C MS65 NGC.</B></I> JR-24a. On the obverse, a heavy line shows from the rim through the right part of star 7, and there is a spike to the right from the curl over the left side of the L of LIBERTY. The reverse shows a fine line from the top of the U in UNITED slightly down to the right through N. The 1837 is one of only two issues of Christian Gobrecht's Reeded Edge, 50 CENTS Reverse Half Dollar. The scarcity of the low mintage (1,200 pieces) 1836 explains the desirability of the 1837 among high quality type collectors. In 1836 the use of the "new" steam coining press necessitated a design change from John Reich's Capped Bust design to a somewhat similar design by Christian Gobrecht. The obsolete lettered edge was replaced by a reeded edge in 1836, however, as previously stated, only a limited number were struck. General production began the next year with over 3.6 million 1837 examples being coined (50 CENTS on the reverse), and these have become the most available date for this two year type. Few survivors possess the appeal of this richly toned representative. Deep copper-rose and charcoal-gray toning overlays each side with sea-green patination interspersed. Boldly struck in all areas, an exceptionally smooth example with only a couple of almost invisible marks on Liberty's cheek. Census: 36 in 65, 12 finer (4/07).<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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