1800 Draped Bust Half Dime. LM-3. Rarity-4. LIBEKTY. AU Details--Cleaned (PCGS).
There is plenty of sharp to full striking detail remaining here to tempt the budget minded type or variety collector. The reverse exhibits attractive cabinet toning, as well, with the most vivid colors evident when viewed with the aid of a strong light. The obverse, however, has a curious chrome-like texture beneath antique silver-olive tinting that explains the PCGS qualifier. Remarkably attractive overall, nonetheless, with no significant marks. Logan-McCloskey 3 is one of two die marriages for the popular LIBEKTY Guide Book variety, which takes its name from the broken device punch used for the letter R in LIBERTY. Both LM-3 and LM-4 employ this obverse die, the latter a major rarity identifiable by the top three arrow heads in the eagle's talon of equal height. Although nowhere near as rare in an absolute sense, LM-3 is still a conditionally challenging variety that is seldom offered above the EF level. The Mulholland specimen presents quite nicely for the grade, as above, and is worthy of serious bidder consideration.
PCGS# 4265.
From the Collection of James Allaire Millholland, 1842-1911.

Estimate: $3000