The Midwest Summer Sale 2011
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Please Note: A 15% Buyers' Premium is added to the hammer price of all lots in this sale.
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(About The Images)
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Lot Title:
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1796 (C-2, R.4+)With Pole. PCGS Genuine/code 97.
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Description:
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Two die-marriages exist for 1796, which definitively separates them for Redbook collectors as "no pole" (C-1), and "with pole" (C-2). Though the latter is considered more common, any 1796 half-cent is rare from an absolute standpoint, and particularly so with the palatable eye-appeal offered by the present example. Regardless of specific attribution, it is the unchallenged key to the half-cent series. Corrosion has entered the central area of the obverse, reducing definition of Liberty's hair and face. The most offensive roughness has been lessened through skillful and light burnishing of both sides, resulting in a coin with nicer smoothness than what is usually seen. Fortunately, the reverse retains some surprisingly sharp details, particularly in the leaves in the right arm of the wreath, suggesting the sharpness of, at minimum, VG-10. Consideration would be given a slightly higher details grade had HALF been fully readable. The rim on the reverse is absolutely complete, and much of the obverse rim appears to be present as well, though the goopy PCGS insert glops over the edge and makes precise determination impossible. No digs or scratches can be seen on either face, but again, the edge cannot be examined for bumps or bruises. Color has been expertly restored, leading to an overall appearance consistent with commercial "very good" grade. (PCGS# 001027)
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Low Estimate:
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$12,000.00 |
High Estimate:
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$15,000.00 |
Lot Status:
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Bidding has been closed for this lot. |
Hammered Price: |
$12,000.00
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Price Realized:
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$13,800.00 |
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Price history for items of the same classification:
Lot # | Auction | Current Bid or Hammer Price | Description |
139 | The Collectors' Auction 2010 on 10/15/2010 | $10,000.00 |
1796 With Pole (C-2, R-4+). VG/obverse scratches.
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That 1796 is a key date in the half-cent series is unquestioned, since the mintage for both varieties was a total of only 1,390 pieces and the survival rate poor. Many remaining examples have severe... |
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