SOLD
4,300.00USDto floor+ buyer's premium
This item SOLD at 2020 Aug 18 @ 21:21UTC-04:00 : AST/EDT
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***Auction Highlight*** 1815/2 O-101 Capped Bust Quarter 25c Graded Choice+ Unc By USCG. Highlight of the Entire Auction. Up for Auction is a Numismatic Rarity. An Uncirculated 1815-p Capped Bust Quarter. Only 12 Uncirculated Examples have Survived from 1815. The example at hand is tied for 3rd Finest Known! Per Ron Guth of PCGS “Quiet times prevailed at the U.S. Mint in Philadelphia in 1815, where only Quarter Dollars, Half Dollars, and Half Eagles were made that year. Mintages dropped precipitously on all three denominations, but especially on the Half Eagle. The Mint produced only 47,150 Half Dollars in 1815, a far cry from the million-plus mintages of previous and subsequent years. This makes the 1815 Half Dollar a standout among the Capped Bust Half Dollars - a rarity that is desired in all grades.
What makes the 1815 Half Dollar even more interesting is that all are overdates, with the 5 of the date punched over a 2. Though only a portion of the underlying 2 is visible, it can be seen even on worn examples.” It is useful to explore the reason that 1815 saw such a low mintage of half dollars. The "War of 1812," was punctuated by an invasion by British forces in mid-1814 and the torching of the White House. The uncertainties of war led to the hoarding of gold and silver. For most of 1815 the Mint lacked gold or silver bullion deposits from which to strike coins. The war with the British officially ended with the U.S. Senate's ratification of the Treaty of Ghent on February 16, 1815. By year's end the flow of gold and silver resumed in a limited way. The Mint once again began to strike half dollars. The entire delivery of 47,150 half dollars bearing an 1815 date was made January 10, 1816 -- one day before a fire at the Mint destroyed the rolling and drawing mills, as well as the melting room, halting gold and silver coinage again until 1817. The Stunning near Gem example has impeccable luster, superb eye appeal and warm grey silver surfaces. A centerpiece of any collection. I wish you good Luck in this once in a Lifetime opportunity. A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin. I give this coin my highest recommendation
Auction Location:
148 Route 73, Suite 3-284, Voorhees, New Jersey, 08043, United States
Previewing Details:
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Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
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