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Lot 336 - 1855 Liberty Seated Half Dime Arrows NGC MS66

Currency:USD Category:Coins & Paper Money Start Price:1,750.00 USD Estimated At:3,500.00 - 4,000.00 USD
Lot 336 - 1855 Liberty Seated Half Dime Arrows NGC MS66
1855 Liberty Seated Half Dime Arrows. Last of the with-arrows issues of 1853-55 and a smart looking gem whose smooth velvety luster underlies the natural patina of time and careful preservation. Typical weak strike along the left-hand side denticles and stars.

Use of arrows continued through December 1855; the new Mint Director, James Ross Snowden, thereafter stopped it. Many of the larger mintage of 1853-54 came from bullion obtained by melting old-tenor coins. Uncirculated survivors of 1854-55 are a little easier to obtain than those of 1853, as by then there were plenty available for circulation, and some of the newer coins began to accumulate in vaults and bank sacks. The 1855s are often weak at dentils, sometimes also at dates, according to Breen's encyclopedia.
(#4360)<p><i>The Franklin Dean Collection</i>