LOT Superior Galleries  /  Superior Galleries FEB 18-19, 2002 Coin Sale - 3  / 

2051

1862-S Seated Half Dol PCGS MS64

Currency:USD Category:Everything Else / Other Start Price:NA Estimated At:3,500.00 - 4,500.00 USD
1862-S Seated Half Dol PCGS MS64
Half Dollars 1862-s PCGS graded Mint State 64. <b>In the 1850s, coinage predominates with the coins from New Orleans mint; now, in the 1860s, San Francisco's production comes to the fore with well-struck renditions now and then available, but most of these tend to be dipped or far commoner, harshly cleaned by former owners. We are proud to offer a first-rate, original toned 64-quality 1862-S in this lot. The coin has warm heather gold toning along with pale antique gray. Nowhere can we find anything even approaching weakness in the strike; on the contrary, the entire device from stars and date, Liberty with shield, legends and mintmark, to the eagle, the branch and the arrows -- all are very sharp! Examined under a lens, this coin's beauty and design leaps out at you. It is genuinely pleasing to the long-time numismatist who has seen many others that, while touted as gems, come nowhere near this coin's pristine condition.</b> New hubs were made for the silver denominations in 1858-61. However, S-Mint half dollars as late as 1864 uniformly are from the old hub, as this branch mint used leftover reverses from 1856-58. This was official policy, partly for economy, partly to minimize risk in sending working dies. Overland shipments were the easy prey of stagecoach theft as the dies could readily be sold to counterfeiters; ships' cargoes via Cape Horn were vulnerable to rust from salt spray and bilge water, or to shipwreck. <p align="center">Superior Galleries was founded in 1929 and has been a leader in
the numismatic auction business since 1971.</p> <p align="center"><b>Consignments wanted for June 2 & 3, 2002 Pre-Long Beach Sale.</b></p> <p align="center"><b>Call Steve Deeds</b> at (800) 421-0754 ext 230.</p>
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