As the mint's focus after the passage of the Bland-Allison Act in 1878 changed to the churning out of hundreds of millions of Morgan dollars; the striking of silver minor coinage (dimes, quarters, and half dollars) shrank to low five-figure levels. Only 10,000 circulation strike half dollars were struck in 1881. Like many of these lower mintage issues this highly lustrous GEM possesses a rich, Prooflike reflection below a lightly satiny mint frost. Clearly this coin was lovingly cared for from the time of issue, perhaps in an ancient album, as both sides show a subtle halo of color at the rims. The devices on both sides show typical definition; generally sharp throughout, but with some minor weakness at the highest points. The details are frosty and stand out from the smoothness of the fields surrounding them. The eye appeal is excellent! Housed in an old green tag holder. PCGS 15, NGC 8, NGC 5. The only PCGS/CAC MS66 to ever sell in auction brought nearly $10,000 nearly 10 years ago back in December 2010. More recently the only other CAC coin, an NGC example brought $12,925 in October 2015. The current CAC CPG value is $7,500, well in excess of the PCGS Price Guide value of $5,850, showing that CAC coins are worthy of a very strong premium! This gorgeous GEM will entice strong bidding from the specialist collector. Good luck! Cert. Number 7424058 PCGS # 6363.00