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MB 40 Catalogue
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Prices Realized Mail Bid Sale No. 40

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Mail Bid Sale No. 38 Catalogue
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Coins from MB Auction 43

* Note: Auctions prior to #42, do not show true number of bids. Displays as "1".
Lot # Date Variety Rarity Grade Description # of Bids * Hammer Price Maximum Bid Total Price Photos
1 1795 S over D O.129, T.7 R.5 PCGS VF 25 Even grey toning complements the delightfully smooth surfaces.  This is your coin if you seek a VF flowing hair half for a type or date set.  The strike is centered; the devices well defined, save for weakness in the eagle’s feathers.  A nice bonus is the familiar engraver’s error: the final S in STATES is struck over an inadvertently punched D.    Est. $3,000 to $4,000. 5 $3,850 $4,600 $4,235  
2 1801 O.102, T.1 R.4+ PCGS VF 20 Medium grey, lighter on the devices.  Lovely surfaces!  Dandy coin for the date or first year type collector.  Just one obverse die was used in this low mintage inaugural year.  It is paired with two reverse dies.  Here is an example of the second marriage.  The O.102 is distinctly scarcer than the O.101.  Est. $2,750 to $3,500. 0 $0 $0 Not Sold  
3 1805 O.106, T.13 R.3+ PCGS XF 40 Well struck early die state, lacking the oft seen obverse die breaks.  Thin, high rims are razor sharp.  Complete dentils, obverse and reverse.  The obverse die is famous: it was overdated and used in 1806 [1806/5 O.104].  No other half-dollar obverse die was used in successive years, a surprise in view of the number of overdates to be found in the series.  As a date, 1805 is far scarcer than its companions from 1806 and 1807.   Est. $1,800 to $2,450. 3 $2,201 $2,600 $2,421  
4 1806 O.122, T.25 R.6 PCGS Gen. VF Details A killer die marriage among the 1806’s.  The bigamous obverse die was married to 6 reverses.  The short-lived reverse, victimized by a bisecting vertical die break, had but one partner.  The detail is that of a strong VF.  The surfaces, however, have been altered.  PCGS suggests the coin was “plugged.”  Perhaps, but my aging eyes find nothing more than metal movement, most obvious at OF on the reverse motto.  The bottoms of the O and F are weak.  I see no signs of re-engraving in the devices, lettering or digits -- hallmarks of plugged coins that have been repaired.  The light grey surfaces lack sparkle, dulled by the effort to remove whatever blemishes offended a prior owner.  With rarely seen problem-free VF’s bringing from $5,000 to $10,000, we may view the defects in this offering as a blessing.  From the collection of Tim Osborne who acquired the coin from Dave Kahn in July 2012.  Est. $3,000 to $4,000. 0 $0 $0 Not Sold  
5 1806 E/A O.124, T.22 R.6 PCGS VG 10 CAC A classic rarity, unknown to Al Overton when he published his 1st edition in 1967.  He described and rated the die pair R.8 in his 1970 revision.  Some years later the Red Book picked up the variety, first as a footnote, today as a major variety.  The light grey surfaces are evenly worn and free of significant contact marks.  Most offered over the last 10-15 years were problem coins.  Here is a wholesome example for the advanced die or Red Book variety collector.     Est. $2,500 to $5,000. 0 $0 $0 Not Sold  
6 1806 O.127a, T.9 R.6 PCGS Genuine - VF Details The Discovery Specimen!  Don Frederick uncovered this coin in the shop of a New York dealer in April 1974.  His BHNC colleagues confirmed the new variety, calling it 1806 DF-1; the BHNC published a photo and description of the die pair in its green soft back pamphlets, issued periodically between 1974 and 1990, when Don Parsley published a long-awaited 3rd edition of Overton’s standard reference.  The light grey coin retains hints of luster around the devices.  The surfaces, however, are marred by three X’s, one on the obverse, two on the reverse, readily noted on the accompanying photos.  The PCGS label notes, “Graffiti.”  Frederick reluctantly parted with the coin in July 2008.  It appeared as lot 470 in Heritage’s Baltimore ANA sale, bringing $6,900.  Two years later it showed up in Heritage’s April 2010 Central States auction, lot 831.  It went unsold.  Then, in January 2013, our sharp-eyed consignor, Tim Osborne, spotted the coin in an eBay sale.  He prevailed in a lively bidding war.  We coin collectors are burdened with a love of history.  When the chance arrives to acquire the Discovery Coin of a rare die marriage we take notice.  Gauge your bid accordingly.  Est. $3,000 to $5,000. 0 $0 $0 Not Sold  
7 1807 Draped Bust O.101, T.7 R.5 PCGS VF 30 Glossy, light grey surfaces with hints of luster in protected areas.  A solid R.5, the O.101 was the key to a complete die variety set of this type and year until the R.7+ 1807 O.115 was discovered in 2003.  Note the distance between Star 7 and the L in LIBERTY.  Of the 8 draped bust obverse dies employed during 1807 only the O.101 and O.115 are this wide.  From the collection of Dr. Charles Link.  Est. $1,300 to $1,900. 2 $1,300 $1,600 $1,430  
8 1807 Draped Bust O.105a, T.4 R.4 PCGS AU 58+ CAC This is a showpiece coin with unfettered, blinding luster – the sort seen on Franklin half-dollars, not a 209 year old draped bust half.  Though a later die state, all design elements are well defined, including the eagle’s breast feathers.  Some striking softness appears in the left wing.  The surfaces are immaculate.  You will find it a challenge to locate even a trace of friction on this remarkable coin.  Registry set, date and type collectors will look far and wide to locate a more desirable 1807.  Expect serious competition!    Est. $6,000 to $8,000. 2 $6,750 $6,750 $7,425  
9 1807 Early Bearded Goddess O.111a R.5 PCGS XF 40 CAC A thin die break joins Liberty’s chest and chin.  A lovely auburn patina graces the surfaces.  Miniscule contact marks are confined to the reverse, none worth mention.  The eye appeal of this rare and charismatic variety is simply first rate.  Enjoy and cherish the opportunity to acquire this important coin.  From the collection of Dr. Charles Link. Est. $6,000 and up. 8 $6,750 $7,077 $7,425  
10 1807 50/20 O.112 R.1 PCGS AU 58 Extravagant luster immediately captures the viewer’s eye. The lightly toned centers are framed by a halo of sea blue.  Crisply struck dentils and devices suggest a very early die state.  This one rates an “A” for eye appeal!   Est. $4,750 to $6,000. 3 $6,401 $6,401 $7,041  
11 1807 50/20 O.112 R.1 PCGS XF 45 Soft luster permeates the pleasing gold patina; the reverse is lighter than the obverse.  Colorful iridescence dances through the stars.  The gently wiped surfaces are mildly reflective, displaying only a few contact marks from short-term circulation.  Est. $1.250 to $1,750. 2 $1,150 $1,276 $1,265  
12 1808 O.110 R.5 PCGS XF 45 Ex Dr. Charles Link, noted on the PCGS label.  This is the rare and coveted early die state, without the hallmark die break from star 7 to nose.  The surfaces, though slightly busy, are free of significant marks.  Natural grey toning is highlighted with a soupçon of underlying luster.  An important coin for the advanced collector.  Est. $1,500 to $2,500. 2 $1,550 $1,900 $1,705  
13 1809 O.102a R.1 PCGS AU 53 Bold luster for the assigned grade, with an appealing halo of iridescent blue and golden album toning.  The reverse is lightly toned but equally lustrous.  This well struck, pretty 1809 is a high-end “53.”  Est. $850 to $1,200. 9 $1,300 $1,600 $1,430  
14 1809 O.104 R.5- PCGS AU 55 Ex Dr. Charles Link, noted on the PCGS label.  Earlier in the collections of Charles De Olden [lot 5 Fabulous 44 Sale, 2006 Denver ANA, at $3,000] and Ralph Fox, January 2002 FUN [to De Olden at $2,250].  Light to medium grey toning with iridescent highlights at the peripheries.  Chin and left wing weak, as always.  Among the finest known.  Soft luster throughout; light friction in the fields.  Need I extol the desirability of high grades R.5’s?  Est. $2,500 to $3,500. 5 $3,511 $3,511 $3,862  
15 1809 XXX Edge O.110 R.4+ PCGS Gen. AU details With but 2 mint state examples confirmed, an AU `09-110 is well established as a condition rarity.  We old timers know how difficult it is to find this die pair in any condition, let alone high grade.  The PCGS label correctly notes that the coin has been cleaned.  The abundant luster was thereby softened.  The pale grey/gold surfaces are virtually free of marks, attesting to the coin’s very brief entry into the stream of commerce.  (The “incused segments” over the eagle are from a clashed die, also seen on the common 1809 O.102.)  This piece surfaced at the March 2016 Baltimore show and now makes its inaugural appearance at auction.  It deserves a warm welcome.   Est. $1,000 to $2,000. 8 $1,728 $2,001 $1,901  
16 1809 O.114a R.5 PCGS XF 45 Another highgrade rarity,  The Condition Census has no UNC’s, a single AU and four examples graded XF 45. The last PCGS graded XF 45 brought a thunderous $7,050 at Stack’s-Bowers’ August 2014 ANA sale, lot 4051. This offering is a notch behind the S-B coin, but no slouch! It is richly toned in shades of cobalt, accented by russet iridescence through the stars. The reverse is lighter, with a rainbow of colors. As with the earlier 1809 O.104, collectors must accept a degree of softness in the portrait and left wing of the eagle. Considerable luster flutters beneath the attractive toning. The opportunity to snatch 3 rare, high grade 1809’s in a single auction ought not be ignored. Don your bidding shoes! From the collection of Dr. Charles Link. Est. $2,500 and up. 5 $3,928 $5,011 $4,321  
17 1810 O.101a R.1 PCGS AU 55 A fully lustrous, well struck 1810 with nice surfaces.  From the collection of Don Frederick, as noted on the PCGS label.  The lightly toned centers are flanked by iridescent halos: turquoise on the obverse; light gold on the reverse.  Choice AU 1810’s are in great demand.  The coin brought $1,150 six years ago and may bring twice that today.  Frederick’s annotated envelope accompanies this lot.  Est. $1,500 to $2,000. 3 $1,500 $1,500 $1,650  
18 1810 O.103 R.2 PCGS AU 53 A sparkling AU with silver-grey toning and abundant luster for the assigned grade.  Decent strike, stronger on the reverse.  A 3 to 5 point grading penalty may have been assessed on account of two thin abrasions over the eagle’s head, another under the left wing.  Est. $950 to $1,250. 1 $850 $850 $935  
19 1810 O.104 R.1 PCGS AU 55 OGH CAC Cakey luster floats beneath original antique grey toning, “grey dirt,” as Floyd Farley liked to say.  Well struck despite some soft feathers in the left wing.  Magnificent, mark-free surfaces make this a coin for the connoisseur.  The CAC sticker and Old Green Label Holder are nice bonuses.  Est. $ 1,500 to $2,100. 12 $2,475 $2,475 $2,722  
20 1811 Sm.8 O.110 R.1 PCGS AU 58 A sharply struck example with beguiling steel-blue and iridescent toning.  The surfaces are virtually free of contact marks, attesting to near mint state quality.  Last offered by Heritage in its Nov. 2012 Houston sale, lot 3826, where it brought $2,820.  Est. $2.200 to $2,750. 0 $0 $0 Not Sold  
21 1812 O.109a R.2 PCGS AU 53 Light to medium grey, the obverse a tad short on luster for the AU designation.  A very thin vertical hairline is seen on the neck.  Specialists will be drawn to this offering by the late die state, hallmarked by die lines and lumps under and around the left wing.  From the collection of Dr. Charles Link.  Est. $800 to $1,200. 0 $0 $0 Not Sold  
22 1813 O.103 R.2 PCGS AU 58 The David Queller/Steven Nomura coin, last appearing in MB 37, Aug. 2013 where it brought $3,080.  Lot 14 was described as follows.  A gossamer blanket of pastel gold blankets this fully lustrous example.  Breaks in the luster are confined to Liberty’s cheek, breast and the tips of a few wing feathers.  The surfaces are lovely.  Stack’s suggested a grade of “Choice Brilliant Uncirculated” when it auctioned the coin as part of David Queller’s collection.  [67th Anniversary Sale, Oct. 2002, lot 130.]  I was the buyer. My notes indicate “choice AU, possibly 61-62” grade with “attractive” eye appeal.  The verdict is the same today.  From the Nomura Collection, acquired privately from your cataloguer in January 2003.  The Queller auction flip accompanies.  Est. $2,500 to $3,000. 7 $3,000 $3,502 $3,300  
23 1813 O.110 R.1 PCGS AU 55 From the Don Frederick Collection as noted on the PCGS label.  Frederick’s envelope accompanies the lot, noting, “For this marriage, super well struck.”  Untoned, with bold luster throughout.  Heavily clashed dies resulted in the reverse motto appearing as a mirror image below Liberty’s bust.  Clash marks aside, the surfaces are exceptionally smooth on this choice AU 1813.  Lot 2958 in Heritage’s April 2010 sale of the Frederick Collection. Est. $1,300 to $1,800 6 $1,800 $1,820 $1,980  
24 1814/3 Prime O.101 R.7 PCGS XF 45 A new entry into the scant population of 8 or 9 pieces -- and the nicest example I’ve seen or handled.  The devices seem to float on hard, flat surfaces that are devoid of clash marks or die breaks.  Pale grey toning with just hints of luster that survived a gentle wiping.  I note curious raised lines – NOT clash marks -- running diagonally under and through TE of STATES as well as a die chip atop T2 in STATES. The same die markers appeared on the prime 1814/3 offered in MB 33, lot 165, Aug. 2007 (a raw XF example that brought $1,815).  It is something of a paradox that the over-punched 3 is less distinct on the rare early die states than on 1814/3’s with the usual assortment of clash marks and die breaks.  Est. $2,000 and up – perhaps way up! 8 $3,250 $5,500 $3,575  
25 1814/3 O.101a R.2 PCGS AU 50 A handsome example with familiar die breaks through the date and left hand stars.  Pale rose and burgundy toning graces the fields; the peripheries are silver with iridescent highlights.  No contact marks deserve mention.  With a modest R.2 rarity rating, this overdate remains difficult to locate in AU or better.  It has been nearly 4 years since a PCGS graded AU 50 has appeared at auction!  [Heritage’s Sept. 2012 Long Beach Sale, lot 4515 @ $3,055.]    Est. $2,000 to $3,000. 2 $1,700 $2,025 $1,870  
26 1814 E/A O.108 R.1 PCGS XF 40 A scrumptious, original example of this popular variety.  As with the 1814/3, the `14 E over A is not scarce in lower grades; but in XF or better, it is a devil to find.  Soft luster permeates rich, antique grey toning.  The reasonably early die state is another plus.  Est. $1,100 to $1,500. 1 $900 $900 $990  
27 1817/3 O.101a R.2 PCGS AU 55 CAC From the Don Frederick Collection, noted on the PCGS label.  Frederick had several examples of this overdate.  This was his favorite, holding forth as his set-piece.  Scandalous original toning features electric, iridescent shades of turquoise, blue, gold, copper and antique grey.  This is “wow” coin for eye appeal.  The undisturbed surfaces are essentially without flaws.  It took $3,737 to bring it home in April 2010.  (Heritage Central States sale, lot 2974.)  It will cost more today– and be well worth it!  Frederick’s personal envelope accompanies the lot.  Est. $4,000 to $5,000. 4 $4,700 $8,111 $5,170  
28 181.7 Punc. Date O.103 R.2 PCGS AU 53 Another “old friend.”  This was Keith Davignon’s coin, offered in my Jan. 2014 FUN Sale, MB 38.  Here is how I described the coin. Raucous, original toning will draw crowds to preview this lot.  Plenty of luster underlies the toning – enough to justify a several point upgrade.  The “punctuated date” is under terrific pressure from Red Book and Registry Set collectors.  Though rated a mere R.2 the fact remains that choice AU or better examples are rarely encountered.  Check your auction records and be prepared to s-t-r-e-t-c-h your bid if you hope to corral this lovely piece.  Davignon acquired the coin from Bowers & Merena in November 1994, then housed in an NGC AU 55 holder.   The coin brought $4,950 in 2014.  (Heritage sold a nearly comparable “AU 53” at last year’s ANA Sale for $4,700.)  Expect this remarkable coin to again push the $5,000 barrier.  Est. $4,000 to $5,000. 2 $3,500 $3,500 $3,850  
29 1818 O.108 R.1 PCGS AU 50 CAC So-called pincher-8 variety because of gaps in the top loops of the 8’s.   Luster glows under the attractive grey patina.  Golden iridescence flashes from all corners of the reverse.  A first rate coin for the assigned grade.  From the collection of Tim Osborne.  Est. $600 to $800. 7 $836 $900 $920  
30 1819/8 Sm. 9 O.101 R.1 PCGS AU 58 CAC From B&M’s Eliasberg Sale, April 1997, lot 1757, where offered as a raw AU 58.  The PCGS label notes the Eliasberg provenance.    A crust of golden toning encases this important coin.  Sea green iridescence highlights the reverse legend.  An Eliasberg bust half belongs in every serious collection.  Here is a nice opportunity -- one that fits your budget.  From the collection of Tim Osborne.  Est. $2,500 to $3,500. 6 $3,551 $5,250 $3,906  
31 1820/19 Curl 2 O.102 R.1 PCGS AU 58 CAC Bold cartwheel luster slices through a blanket of golden toning.  The strike is first rate, with razor sharp devices on the reverse.  The central designs from this era are thought to be the most intricate and appealing of the entire capped bust series.  All 1820’s are coveted in high grades, the overdates especially so.  This example is essentially without faults.  A trace of friction on the cheek is hardly noticeable.  You won’t go wrong stretching to add this coin to your cabinet.  From the collection of Tim Osborne, acquired privately from your cataloguer at the Aug. 1998 ANA Convention.  Est. $3,600 to $4,500. 7 $5,200 $5,200 $5,720  
32 1820/19 Curl 2 O.102 R.1 PCGS AU 55 CAC Another handsome example of the curl 2 overdate -- this with a bit more friction on the high points than the preceding lot.  The coin is nicely toned in shades of gold, turquoise, rose and antique grey.  Luster meets our expectations for the assigned grade.  This date has a way of topping our estimates.  Do not be shy when bidding on any 1820!  Est. $2,500 to $3,000 7 $3,022 $3,111 $3,324  
33 1820 Sm. Date, Curl 2 O.103a R.1 NGC AU 58 Star Another old friend, with a story to tell.  This beauty was lot 32 in MB 38, Jan. 2014, part of the “Centennial Collection.”  Here is what I wrote.  Barney Bluestone sold this fabulous coin to John Jay Pittman in June 1947.  It cost $5.  Pittman kept the coin until he died in 1996.  Two years later David Akers offered the coin as lot 1472 in his sale of the Pittman Collection, Part Two, May 1998.  It was catalogued as follows, Uncirculated…a beautiful, original specimen with very lustrous surfaces, sharp strike, excellent centering, and lovely medium rust toning with iridescent blue-green at the rims…  The eye appeal of this coin is very good, especially the reverse which has excellent luster and color.  Two quibbles:  there is a trace of friction on the portrait; and the eye appeal of the obverse is every bit as nice as the reverse.  Tom Palmer was the winning bidder, placing the coin in his Red Book set of unimaginably beautiful capped bust half-dollars, carefully assembled over more than 25 years.  In 2008 Tom chose to retire and build his dream home.  He kindly offered his set to me.  Hysteria reigned when I displayed Tom’s coins in my bourse case at the Central States Show that year.  This 1820 O.103a was among the first pieces sold.  The buyer sent it to NGC for encapsulation.  It was returned in its current holder.  The star designation [¬] confirms what every viewer already knew – the coin has exceptional eye appeal for the grade.  The coin sold for $4,235.  Thirty months later it is equally desirable.  Once again, don your bidding boots.  This is an NGC graded coin worth the chase!  Est. $3,750 to $4,750. 2 $3,200 $3,200 $3,520  
34 1821 O.101a R.1 PCGS MS 63 If your watchword is “eye appeal,” consider this 1821 a candidate for your collection.  The splendid copper/rose toning sparkles with luster and iridescent highlights.  This low mintage date is a stepchild to the charismatic 1820’s but will not be overlooked by experienced collectors.   From the collection of Dr. Charles Link.  Est. $3,500 to $4,500. 2 $3,200 $3,626 $3,520  
35 1822/1 O.101 R.1 PCGS AU 58 CAC Last offered in my Mail Bid Sale #10, Jan. 1994.  I chuckled when I pulled up the description of lot 78: AU 50.  Light grey toning with unbroken luster in the fields.  The reverse is choice.  Full dentils, well centered.  Just right for a high grade Red Book set.  Honest AU’s invariably bring more than Trends’ suggestion of “$650.”  Tim Osborne was the winner at $604.  Times have changed.  An AU coin may now pass muster with friction in the fields, the low point of a coin.  Those with “unbroken” luster in the fields are today’s choice and very choice AU’s.  So no disappointment awaits the winner of this coveted overdate.  CAC assures us the coin is in the top half of those graded AU 58.  The PCGS Price Guide has replaced Coin World Trends.  It suggests a value of $2,500.  Sounds about right.   Est. $2.000 to $3,000. 4 $2,800 $2,800 $3,080  
36 1823 Broken 3 O.101 R.3 PCGS AU 53 From the collection of Tim Osborne.  Last offered in MB 38, lot 41, Jan. 2014 where it brought $2,889.  Described as follows: The attractive rose and grey toning is somewhat lighter than the plate suggests.  Cartwheel luster is complete though tempered by the overlying patina.  The pleasant surfaces show nothing more than trivial signs of circulation.  An AU Broken 3 never goes unnoticed; recent auction records in this grade approach the $3,000 mark.  You may expect sturdy competition for this Red Book staple.  If anything, the demand for an AU broken 3 has escalated over the past 2-3 years.  Est. $2,500 to $3,000 2 $2,600 $3,500 $2,860  
37 1823 O.109 R.5+ PCGS VF 30 Even, light grey toning.  The surfaces, though lightly wiped, are free of significant distractions.  Hints of luster may be seen in the legend.  Unknown to Al Overton when he published his 1st edition in 1967; Stew Witham either knew of or discovered the die pair before 1971. Overton included a description in his 1970 revision, giving it an R.6 rarity rating.  The rarity of this die pair has stood the test of time.  New examples appear but once every 2 or 3 years.  The current population is less than 40.  An encapsulated, professionally graded VF has not appeared at auction since 2007.  (MB 33, lot 139, PCGS VF 30 @ $3,055.)  From the collection of John Tidwell.  Est. $2,500 to $3,500. 0 $0 $0 Not Sold  
38 1823 Ugly 3 O.110a R.3 PCGS AU 55 From the collection of Dr. Charles Link, as noted on the PCGS label.  Flashy and untoned, save for a narrow ring of gold at the peripheries.  Scattered hairlines are from short term circulation.  No marks deserve mention.  Luster is exactly what we expect from a “55,” full cartwheel -- more lively through the stars and legend.  The broken and ugly 3’s of 1823 are hounded by both Red Book and die variety collectors, resulting in consistent and exciting competition when they appear at auction.  Est. $3,500 to $4,500. 5 $3,400 $4,100 $3,740  
39 1823 O.111a R.2 NGC AU 55 Evenly struck, toned in subtle hues of blue-grey.  This is an attractive coin, formerly in the collection of Russ Logan.  Est. $550 to $800 8 $850 $850 $935  
40 1823 O.112 R.1 PCGS AU 50 Light grey, a bit darker through the stars and legend.  Soft luster, dampened by a gentle wiping, is not up to speed for an AU coin.  Still, the coin has respectable eye appeal and should fit an AU date or variety set.  Est. $400 to $550. 3 $450 $500 $495  
41 1824/1 O.101 R.1 PCGS AU 55 Light russet toning through the stars and legend.  The boldly lustrous centers are untoned.  Well struck, early die state.  Faint rub on the portrait, not much in the fields.  Nice coin for the grade.  From the collection of Tim Osborne, acquired privately from your cataloguer in March 1989.  Est. $850 to $1,250.
3 $900 $900 $990  
42 1824/1 O.101a R.1 PCGS AU 53 Shimmering luster throughout.  A blue and gold halo through the stars frames the portrait.  A touch of friction in the fields.  An attractive, well struck example.  Est. $700 to $1,000. 1 $675 $750 $743  
43 1824/1 O.102 R.5+ XF 40 PCGS Gen. - XF Details This is a handsome and important example of another noted rarity, likely within the Condition Census.  The smooth, glossy-grey surfaces are hampered only by an ancient, wholly unobtrusive scratch running between the 8 and 2 of the date to the ribbon above.  (Noted on the PCGS label.)  The strike is exceptional for the variety.  Note, especially, the full complement of dentils on the obverse; and compare this piece with the Overton Plate coin, graded XF 45 by NGC despite a spate of pin scratches in the left obverse field.  The obverse die, of course, saw lengthy service on the 1824/1 O.101.  Drawn stars and a degree of bluntness in the central device are hallmarks of the O.102.  From the collection of Tim Osborne; earlier in the collection of John Crowley (offered privately, Aug. 2001 @ $3,300); last appearing in my July 2002 ANA sale, lot 17 @ $2,200.  Est. $2,000 to $3,000. 0 $0 $0 Not Sold  
44 No Lot R. 0 $0 $0 Not Sold
45 1825 O.102 R.1 PCGS AU 58 CAC Jaw-dropping eye appeal!  Formerly in the collections of Floyd Farley and Keith Davignon.  Ex MB 38, Jan. 2014, lot 53 and MB 25, June 2000, lot 116, where offered as a raw AU 58 and described thusly: Booming luster only begins to describe the vibrant appearance of this eye-catching coin.  Lightly toned, with a trace of cabinet friction on the cheek.  A strong double profile will intrigue some.  The surfaces are near gem quality.  Here is a showpiece bust half.  I failed to mention the immaculate surfaces and lovely gold toning imparted by Farley’s kraft envelope.  Farley purchased the coin in 1971 from “Sureck.”  Keith submitted the coin to NGC where it earned an MS 63 designation, then resubmitted it to PCGS.  The CAC sticker was sought by the current consignor.  Here is a “wow” coin with runaway potential.    Est. $1,500 to $2,500. 5 $2,866 $3,313 $3,153  
46 1825 O.103 R.4- PCGS MS 62+ From the Dr. Charles Link Collection, noted on the PCGS label.  Electric blue and gold circles the rims of this dazzling coin.  Gaudy luster permeates the fields and devices, lending exceptional eye appeal to the coin.  The `25-103 is a genuinely scarce die pair.  This example is likely 4th or 5th finest known, a worthy addition to either a date or variety set.  Est. $2,500 to $3,500. 7 $3,477 $3,900 $3,825  
47 1825 O.106 R.3 PCGS AU 58 Ex Henry Hilgard and Gehring Prouty.  A stunning, untoned coin with blinding luster.  The strike and surfaces are all one might hope for.  The reverse is surely uncirculated; the obverse with but a trace of friction on the portrait.  From the collection of Tim Osborne, acquired privately at the now legendary sale of the Prouty Collection during the 2000 ANA Convention in Philadelphia.  Est. $1,100 to $1,500.. 8 $1,250 $1,751 $1,375  
48 1825 O.114 R.1 PCGS MS 62 CAC Originality is the watchword for this engaging piece.  Thick luster and a crust of “grey dirt” with iridescent flecks of gold and sea green toning bespeak careful storage over the years.  The surfaces are virtually free of contact marks.  Est. $1,400 to $2,000. 0 $0 $0 Not Sold  
49 1826 O.112a R.2 PCGS AU 58 Another coin with an ancient, original crust of pale gold toning.  Top flight surfaces.  The strike, of course, is a tad blunt on this late die state.  This is a quality coin that belongs in a quality collection.  Est. $900 to $1,200. 0 $0 $0 Not Sold  
50 1826 O.115 R.5- PCGS AU 55 An enticing example of this rare die pair – not far from the Condition Census.  Sunset colors surround the devices.  Stars 1-7 are alive with electric turquoise and russet iridescence.  The sole distraction is a spot of dark toning between D and S of the legend.  I repeat the admonition to perk up and pay attention whenever an R.5 capped bust half-dollar graded AU becomes available.  Est. $1,500 to $2,000. 6 $2,100 $2,100 $2,310  
51 1826 O.115a R.6 NGC AU 55 The Charles De Olden specimen last offered in Jan. 2007 [Heritage FUN Sale, lot 4391, @ $2,070].  Rare late die state, displaying a feathery die break in the left stars – most prominent between stars 4-5 and from star 7 to rim above cap.  The coin is quite handsome.  Soft luster lies beneath medium grey toning.  The obverse die appears in this and later die states on the 1826 O.116.  Query: has anyone encountered a 116 without a die break through stars 1-7?  If so, we have identified a remarriage of the O.115 dies. From the collection of Dr. Charles Link.  Est. $1,200 to $2,000. 3 $1,157 $1,500 $1,273  
52 1827/6 O.101 R.2 PCGS AU 55 Ex Russ Logan, as noted on the PCGS label.  Logan disdained slabs.  He kept his coins in kraft paper envelopes.  This lovely piece is blessed with a subtle gold and rose patina, confirmation of its provenance.  The surfaces and bold luster are exactly what we expect of the assigned grade.  The central devices are crisp save for the ubiquitous soft drapery lines.  From Bowers & Merena’s Nov. 2002 Logan-Steinberg sale, lot 2490.  Est. $900 to $1,300. 5 $1,450 $1,800 $1,595  
53 1827 O.116 R.4+ PCGS AU 53 A very tough die pair, from the collection of Tim Osborne.  It last appeared in MB 23, Feb. 1999, lot 220: Original!  The dusty grey centers are surrounded with colorful, iridescent album toning.  Soft luster throughout.  The strike is even, though on the soft side.  Surface blemishes, if any, are hidden by the toning.  I do note a couple of scrapes in the reverse field, under um of the motto.  This important coin belongs in an important collection.  Allow me to emphasize the opening word from 17 years ago – ORIGINAL.  You will love the antique toning, likely imparted by a Wayte Raymond album.   Est. $1000 to $1,500. 1 $800 $800 $880  
54 1827 O.127 R.5 PCGS AU 55 A new entry into the upper echelon of this rare marriage.  In the 1990’s a spate of low to mid-grade 127’s brought the rarity down from Overton’s 2nd edition rating of R.7 to its current R.5.  High grade examples, however, remain elusive.  Witness Stew Witham’s PCGS AU 55 at $8,050 in Aug. 2010 (Heritage ANA sale, lot 4901).  This untoned piece is remarkably well struck for the die pair.  Note particularly the definition in Liberty’s curls and the detail in the eagle’s feathers.  Cartwheel luster confirms the grade, only slightly diminished in the fields.  No contact marks are worthy of mention.  Stray hairlines are from a few days circulation.  Advanced collectors need no reminder of the importance of this opportunity.  Fasten your seat belts!  Est. $2,500 to $7,500. 6 $3,901 $4,500 $4,291  
55 1827 O.134 R.4 NGC MS 62 CAC Newman Ex Green-Newman, as noted on the NGC label.  Luster rolls under a blanket of antique grey/gold toning, a product of the paper envelopes in which Eric Newman stored his coins.  Those envelopes lay before me as I catalogued Newman’s bust halves at Heritage’s request in mid-2013.  The original toning was an inspiration.  I liked this coin enough to become the winning bidder when it sold Nov. 16, 2013 (lot 33606 at $2,468), later passing it to Dr. Charles Link, the present consignor.  Est. $1,800 to $2,500. 2 $2,252 $2,351 $2,477  
56 1827 O.138 R.4 NGC MS 63 Newman Ex Green-Newman, as noted on the NGC label.  When describing this coin for Heritage I noted the original toning and commented on its “exceptionally deep and vibrant underlying mint luster.”  My private notes, scribbled in my working catalog, include, “super orig., not flashy [but] regal.”  Once again I was the winning bidder (lot 33607 at $4,700), later passing it to Dr. Link.  The 1827 O.138 is a scarce die pair, rare in mint state.  The Newman coin is a Condition Census example.  This is a great coin with a wonderful provenance.  Est. $3,500 to $5,000. 0 $0 $0 Not Sold  
57 1827 O.140 R.4+ PCGS AU 58 Ex Stewart Witham and Dr. Charles Link, as noted on the PCGS label.  Early die state, evidenced by heavy die lines around the date and over the cap.  The semi-prooflike surfaces are toned in shades of cobalt blue, silver and amber.  I expect this Condition Census piece to settle in the home of an advanced die variety collectors.  The O.140 die pair is a killer R.4, especially so in high grade.  From Heritage’s Aug. 2010 sale of selections from the Witham Collection, lot 4907 @ $3,450 – a steal in this cataloguer’s estimation.    Est. $2,500 to $4,000. 5 $3,201 $4,011 $3,521  
58 1827 Curl 2 O.146 R.1 PCGS MS 64 CAC From the collection of Dr. Charles Link, noted on the PCGS label.  Satiny surfaces enjoy a gossamer blanket of pastel gold toning.  The strike is a wonder.  Every curl, feather, claw, dentil and star point is crisp.  Here is a coin for the fastidious Registry Set or Red Book collector seeking high grade, eye appealing bust halves.    PCGS suggests values of $7,500 to $9,500 for an MS 64 curl base 2 1827.  Check your AMBPR for confirmation.  Est. $6,500 to $8,000. 4 $6,500 $6,500 $7,150  
59 1827 Curl 2 O.147 R.4 PCGS AU 55 From the collection of Don Frederick, noted on the PCGS label.  Untoned with strong cartwheel luster and very smooth surfaces.  Struck from the same obverse die as the preceding O.146; married to a different reverse.  The O.147 is distinctly scarcer than the O.146, a fact not always reflected in prices realized.  From the collection of Tim Osborne who acquired the coin privately in April 2013.  This was lot 3173 in Heritage’s April 2010 sale of the Frederick Collection.  Est. $900 to $1,300. 3 $900 $1,000 $990  
60 1828 Curl 2, No Knob O.102 R.2 NGC MS 62 CAC Newman From the Green-Newman Collection, noted on the NGC label.  As noted in the Newman catalog I was impressed with luster that underlies the silver and grey patina, especially on the reverse.  A spot of friction on Liberty’s breast did not deter NGC or CAC from conferring mint state status to this offering.  The reverse is unquestionably mint state.  Once again I was the winning bidder (lot 33611 @ $2,467.50).  And once again Dr. Charles Link pried the coin away.  After acquiring the MS 65 Eliasberg/Pogue 1828 O.102, he found the Newman coin expendable – to our benefit!     Est. $1,800 to $2,500. 0 $0 $0 Not Sold  
61 1828 Curl 2, With Knob O.107 R.2 PCGS XF 45 CAC Only 2 of 23 die pairs in 1828 have a curl 2 w/ knob.  The other, 1828 O.106, is a rare die marriage.  This puts Red Book collectors to the test, converting the R.2 O.107 to a sought after rarity. Decent examples of the O.107 bring double or triple the price of other “common” die pairs of the year.  This example features slightly mottled grey obverse toning.  The reverse is evenly toned.  Luster highlights the stars and most of the legend.  The coin is well struck, free of distractions and original, through and through.  Est. $375 to $550. 8 $800 $1,200 $880  
62 1828 O.111 R.4 PCGS MS 62 From the collection of Dr. Charles Link, noted on the PCGS label.  Outrageous toning will draw oohs and ahs from those previewing the lot.  Luster shimmers beneath a rainbow of iridescent colors.  The surfaces are smooth as glass.  And, yes, this IS an O.111, right behind the 1828 O.105 and 123 in the list of rare 1828’s.  Cherry pickers look for the jagged die break joining the top drapery line to Liberty’s curls.  Herrman identifies three other UNCs, providing assurance that this is a Condition Census offering.  Its rarity in high grade is no secret.  PCGS suggests a value of $4,000 at this level.   Est. $3,000 to $5,000. 5 $3,951 $5,100 $4,346  
63 1828 Sm. Lets. Rev. O.119 R.3 PCGS AU 53 CAC The small letters reverse of 1828 is another “Red Book Rarity.”  Only 1 die pair of the year has small letters.  All 1828 O.119s were struck in 1829, when the small letters reverse was introduced.  The reverse die is shared with the 1829 O.111.  Gold, sea green and russet encases the stars and legend.  The centers are a soft antique grey.  Luster contributes to the superior eye appeal of the coin.  Est. $850 to$1,250. 7 $1,211 $2,250 $1,332  
64 1829 O.104 Prime R.5+ NGC XF 45 The vast majority of this die pair display filled A’s in the legend.  In his 5th ed. revision of Overton Don Parsley rated the early die state (or “prime”) R.4.  The BHNC suggests R.5+.  If you collect the series by die variety AND die states, don’t miss this opportunity!  Dusty grey toning blankets the coin.  The NGC grade is generous.  Most would settle on XF 40 or choice VF. From the collection of Dr. Charles Link; ex Charles De Olden; last offered by Heritage in its Jan. 2007 FUN sale, lot 4401 @ $690.    Est. $450 to $750. 11 $900 $1,001 $990  
65 1829 O.105 Prime R.1 PCGS MS 63 CAC Ex Dr. Charles Link.  This is a scrumptious MS63!  Intense luster dances beneath the pastel gold toning.  Very early die state, scarce as such.  The central devices are razor sharp.  Only stars 8 and 9 lack center points.  All in all, a regal coin looking for a home in an important collection.  Removed from an NGC MS 64 capsule; the NGC label accompanies the lot.  Est. $2,500 to $3,500. 2 $2,600 $2,600 $2,860  
66 1829 O.118 R.4+ PCGS MS 62 A scarce die pair in all grades, RARE in high grade.  This is the second uncirculated example I’ve handled in over 30 years.  Charles De Olden owned an NGC MS 62.  Looking at other significant collections to come my way I note that the Overton Collection included a cleaned XF, Dosier an XF, Prouty an XF 45, Tidwell a raw AU 50 and Meyer a cleaned AU 55.  Hermann lists no offerings of a mint state O.118 over the past several years.  This example, from the collection of Dr. Charles Link, appears to be among the 3 finest known.  The obverse is richly toned; the reverse is lighter, with attractive golden highlights.  Unbroken luster graces both sides.   Est. $3,000 and up. 7 $6,714 $7,382 $7,385  
67 1830 Sm.0 O.103 R.1 PCGS AU 58 A trace of friction on the portrait.  Booming luster throughout.  Sharply struck!  The untoned surfaces exhibit no signs of contact.  This is an uncirculated coin in the sense of never having entered the stream of commerce.  Looking for a date or type coin?  Here it is.  Est. $850 to $1,250. 5 $1,000 $1,000 $1,100  
68 1830 Sm.0 O.115 R.1 PCGS AU 58 CAC Eye appeal!  The consignor, Tim Osborne, gave this one an “A+.”   There will be no disagreement.   The rose colored centers are framed by an exciting halo of electric blue and turquoise, album toning at its best.  The surfaces and strike are dandy.  A common variety in uncommon condition.  Tim picked up this one at the Jan. 1999 FUN Show.  Est. $1,150 to $1,500 3 $1,600 $2,100 $1,760  
69 1831 O.103 R.1 PCGS AU 53 OGH Ex Gehring Prouty, housed in an Old Green (label) Holder.  Even, soft luster throughout; lightly toned – pale grey with subtle hints of rose.  The familiar 3 dots in the lower left obverse field are from the ejection mechanism.  The only post minting marks are a couple of scrapes at the rim, below star 1.  From the collection of Tim Osborne.    Est. $425 to $600. 7 $576 $576 $634  
70 1831 O.108 R.1 PCGS AU 55+ CAC Steel grey toning.  There are no luster breaks in the field!  The central devices are well struck.  High rims and sharp dentils are a bonus.  From the collection of Tim Osborne.  Est. $600 to $800. 1 $600 $700 $660  
71 1832 Lg.Lets. O.101a R.1 PCGS MS 62 Album toning.  The centers are lightly toned with splashes of pale rose; the peripheries enjoy iridescent colors of a sunset.  Hard, smooth surfaces with no luster breaks in the fields or on the devices.  In short, this Red Book variety well deserves the “A” eye appeal rating noted by its consignor, Tim Osborne.    Last appearing in Heritage’s Jan. 2012 FUN Sale, lot 3525 @ $2,990.    Est. $2,500 to $3,500. 2 $2,750 $2,776 $3,025  
72 1833 O.115 R.5 PCGS Gen. (Fine details) The Discovery coin! Ex Don Frederick; accompanied by his original annotated envelope.  Don found the coin in 1972, not long after Al Overton published his 2nd edition.  New examples have appeared at the rate of something less than 1 per year, usually in low grade.  Don was BHNC #11.  He was a consummate cherry-picker and student of the full series, 1794-1836.  He owned such notable varieties as a 1794 O.108, an AU 58 1796 O.101, an 1805 O.114, an 1806 knob 6, no stem O.108, an 1806 O.127a (lot 6 in this sale), a  choice AU 1812/1 Lg. 8 O.101 a prooflike AU 58 1820 O.107 and the R.8 1827 DF-1 O.149 (found the same year as the 1833 O.115).  The coin offered here is darkly toned with impaired surfaces.  The detail is that of a Fine.  Let’s remember that it was the finest known when Don found it!  It will be the discovery specimen forever.  From the collection of Dr. Charles Link, last appearing in Heritage’s April 2010 CSNS sale, lot 3308.  Est. $1,000 and up 1 $750 $750 $825  
73 1834 LG. Dt. & Lets. O.102 R.1 PCGS AU 58 CAC Even prettier than the photo suggests!  This knockout coin comes with a wonderful provenance.  It was Carl McClerg’s coin, lot 1044 in Bowers & Ruddy’s Getty Collection sale of May 1977.  It was simply described. “Brilliant Uncirculated.”  That was it.  Our consignor was the winning bidder, nearly 40 years ago (at $190!).  PCGS not only undergraded the coin it mislabeled it as the Lg. Date, Small Letters variety.  The flash and toning on this truly uncirculated coin is mind boggling.  Expect the winning bid to match its quality.  McClerg, BHNC #10, was ostracized when he disclosed mailing addresses of his colleagues to Bowers & Ruddy.  Many boycotted the sale.  Such was the importance of secrecy to early club members.  The quality of McClerg’s coins was then rivaled only by those of BHNC #1, Stewart P. Witham.  Whenever you see a “Getty Sale” coin on the market expect something special – and be ready to pounce!     Est. $1,500 and up. 5 $1,800 $1,851 $1,980  
74 1834 Lg. Dt., Sm. Lets. O.105 R.1 PCGS MS 62 CAC Intense luster and fabulous toning glorify this offering.  High grade 1834’s are available.  Patience is the watchword when considering an acquisition of the date.  Here is a stopping point, one that made your patience worthwhile.  Removed from an NGC MS 63 capsule; the NGC label accompanies.  Est. $1,500 to $2,000. 3 $1,700 $1,700 $1,870  
75 1834 Lg. Dt., Sm. Lets. O.105 R.1 PCGS AU 55 OGH GOLD CAC Cakey, unbroken luster flows across the fields and devices of this lightly toned “gem AU.”  The gold CAC sticker reflects your cataloguer’s thought that the coin lays claim to an UNC designation.  It is housed in a 1st generation PCGS holder, quaintly know as a “rattler.” (Some coins rattle or spin inside these vintage capsules.)  The surfaces are free of handling or circulation marks.    Est. $800 to $1,500. 3 $1,011 $1,052 $1,112  
76 1834 Sm. Dt. & Lets. O.109 R.1 PCGS MS 64 CAC Exquisite surfaces and a razor sharp strike justify the near gem designation.  Light toning circles the stars and legend.  The centers burst with unfettered luster.  Look carefully at Liberty’s curls and drapery lines; then inspect the full, rounded feathers and claws of the eagle.  If you demand the very best you’re on the right trail.  From the collection of Dr. Charles Link.  Est. $3,000 to $3,750. 3 $3,600 $3,800 $3,960  
77 1834 Sm. Dt. & Lets. O.111 R.1 PCGS MS 64 The parade of remarkable 1834s concludes with this offering.  Overton took note of Liberty’s round cheek and wide-eyed appearance, conferring the moniker “child’s head” on this die pair.  The coin is blast white and fully struck.  The hard surfaces are blemish free.  The depth of luster may exceed your expectation.  A first rate coin for a first rate collection.  From the collection of Dr. Charles Link.  Est. $2,800 to $3,500 1 $2,700 $2,700 $2,970  
78 1836 O.121 R.5+ PCGS VF 20 The PCGS label includes a notation “bar dot,” of little consequence on this very rare die pair.  From the day I entered the bust half arena the `36-121 has been at or near the top of R.5 die marriages.   In 1970, when revising his 1st edition, Overton considered it R.7.  This example did what it was designed to do – circulate!  Medium to dark grey toning blankets the evenly worn surfaces.  PCGS appreciated the exceptionally clean surfaces in landing on its VF designation.  Some would argue that the detail is akin to a nice Fine.  Of little matter.  This is a coin for the specialist who decides – finally – to finish off his 1836s.  Est. $1,400 to $2,000. 0 $0 $0 Not Sold  
79 1838 Reeded Edge GR-4 R.1 PCGS AU 58 CAC Intermediate die state, with no obverse die break and a heavy, arcing reverse break as shown in the photo.  This coin is for the “grey dirt” enthusiast.  It features a crust of dusty, antique grey that shimmers with underlying luster.  The balanced strike makes this one a nifty candidate for both date and type collectors.  From the collection of Dr. Charles Link.  Est. $850 to $1,200 4 $1,101 $1,101 $1,211  

About Sheridan Terms Of Sale

Sheridan Downey, Numismatist
Oakland, California
(510) 479-1585      (800) 597-9403

©2017 Sheridan Downey
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2017-05-25 03:57:28 pm