Stack's Bowers Galleries

June 2020 CA Auction  –  18 - 20 June 2020

Stack's Bowers Galleries, June 2020 CA Auction

U.S. Coins

Part 1: Th, 18.06.2020, from 11:00 PM CEST
Part 2: Fr, 19.06.2020, from 11:00 PM CEST
The auction is closed.

Description

Superb Gem 1884 Half Dollar

1884 Liberty Seated Half Dollar. MS-67 (PCGS). CAC.

Richly frosted luster is seen o the devices, complementing the sharp definition throughout. The fields are lightly reflective and smooth, providing considerable prooflike contrast. Overall pearly, but lightly toned in bronze iridescence that is most intense at the borders. Exceptionally preserved and pristine beneath a glass. Just; three coins have been certified finer by PCGS and approval by CAC confirms this superior quality. The 1880s half dollars were struck in extremely small numbers as the mints were focusing on the order to coin vast quantities of silver from the Comstock Mines of Nevada. Given the quantities of silver that were flowing in monthly, and operating on Epstein's Law ("Mankind always satisfies his needs and desires with the least possible exertion"), the silver dollar was the chosen denomination to use up the excess metal as fewer coins would be required. Most other fractional denominations languished while all minting efforts remained focused the immense production of dollars. Hence, this 1884 half dollar is a rare, low mintage coin that will be highly coveted by collectors when it crosses the auction block.

PCGS# 6366. NGC ID: 24KX.

PCGS Population: 8; 3 finer.

From the Dazzling Rarities Collection.

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Bidding

Price realized 8'250 USD
Starting price 1 USD
Estimate 10'000 USD
The auction is closed.
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