1878 Liberty Seated Half Dollar. WB-101. MS-64 (PCGS). CAC.
Brilliant satin-white surfaces are sharply struck and fully lustrous. The 1878 is the final high mintage circulation strike half dollar of the Liberty Seated design type with 1,377,600 pieces produced. Beginning in 1879 and continuing through the series' end in 1891 the Philadelphia Mint would deliver few circulation strikes as the Treasury Department distributed its stockpile of subsidiary silver coins built up since passage of the Specie Payment Resumption Act of 1875 and, especially, the huge quantities of older half dollars that had been hoarded during the Civil War and Reconstruction eras. The 1878 is an underrated issue, being far scarcer in Mint State than the low mintage deliveries of the 1879 to 1891 era.
PCGS# 6358. NGC ID: 24KN.
CAC Stickered Population: 6; 6.
From the Arlington Collection. Earlier from Heritage's FUN Signature Auction of January 2008, lot 1572; Heritage's Philadelphia ANA Signature Auction of August 2018, lot 4369; Legend Rare Coin Auctions' Regency Auction 41, October 2020, lot 185.
Estimate: $2000
Price realized | 1'800 USD |
Starting price | 1 USD |
Estimate | 2'000 USD |