1879 50C WB-102 Type II Reverse MS(PCGS#572260)
1879 50C WB-102 Type II Reverse MS (PCGS#572260)
November 2019 Baltimore U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 7312
- 等级
- AU58
- 价格
- 6,330
- 详细说明
- 1879 Liberty Seated Half Dollar. WB-102. Type II Reverse. AU-58 (PCGS). Ample evidence of a prooflike finish remains on both sides of this sharply struck, minimally circulated example. Brilliant apart from blushes of iridescent reddish-apricot here and there around the reverse periphery. Attractive near-Mint quality from a limited mintage of just 4,800 circulation strikes. The reason for the limited deliveries of circulation strike half dollars from 1879 through the end of the Liberty Seated half dollar series in 1891 is the sudden return to commerce of older silver coins that had been hoarded since early in the Civil War. The resumption of specie payments in April 1876 allowed silver coinage to once again circulate in the East and Midwest. Anticipating this event, the Treasury Department ordered the mints to increase production of coins such as the half dollar beginning in 1875. The influx of coins from hoarding, however, was not anticipated by the Treasury Department, and to compensate mintages for this denomination were sharply reduced beginning in 1879. These low mintage issues have long enjoyed strong demand in numismatic circles. Provenance: From the E. Horatio Morgan Collection. PCGS# 572260. Click here for certification details from PCGS.