LOT Old Heritage Auctions  /  2007 Sept. Long Beach Signature Coin Auction  / 

1583

1854 50C PR65 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1854 50C PR65 NGC
<B>1854 50C PR65 NGC.</B></I> The 1854 Arrows half is a significant 19th century rarity. So few have been seen by any one person, however, that in the past its rarity has been overstated. Breen (1977) said just three pieces were known. Wiley-Bugert estimated that "less than 6 known." The advent of third-part grading has made it possible for two entities (PCGS and NGC) to verify rare proofs and certify them. So, over the course of 20 years, it is probable that most of the proofs of this issue have been seen. Both of the major services combined have certified 26 pieces in all grades, and we estimate that translates into around 20 separate coins.<BR> When he cataloged the Kaufman PR66 1854 half, Mark Borckardt noted: "While separated from Liberty's base and the border, the date and arrows are slightly above center in the exergue. The shield point is over the outer left curve of the 8, and 54 are extremely close but do not touch. Similar to Breen's description, but the stars do not have any extra outlines. No unusual reverse characteristics are noted, other than faint clash marks visible just inside the right shield border. Seated coins of various dates and denominations often show similar clash marks." These diagnostics are present on this piece also.<BR> The fields show the depth of reflectivity one would expect from a proof striking. The surfaces on each side display deep blue, purple, and rose toning. There are no noticeable flaws, but the peripheral obverse stars lack complete striking definition.<BR><BR><B>Coin Engraver:</B> Christian Gobrecht<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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