62

***Auction Highlight*** 1839-o Capped Bust Half Dollar 50c Grades Select Unc (fc)

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:4,031.25 - 8,062.50 USD
***Auction Highlight*** 1839-o Capped Bust Half Dollar 50c Grades Select Unc (fc)
***Auction Highlight*** 1839-o Capped Bust Half Dollar 50c Grades Select Unc. The New Orleans Mint opened in 1838 and produced its first half dollars, 20 proof examples dated 1838-O, in January of 1839. A further 178,976 coins dated 1839-O were delivered throughout the remaining months, making this issue the only collectible O-mint half dollar of the 1838-1839 Reeded Edge type. Breen asserts that the 1839-O was extensively hoarded by the public as the first business strike half dollar from the New Orleans Mint. If this is true, then the majority of these coins were retrieved from circulation because this issue is a significant rarity in Mint State. The present satiny-textured mint state example is mostly brilliant throughout. There are no unsightly surface marks but for lamination line on the obverse and the strike is well executed, even in the peripheral areas.