***Auction Highlight*** 1839-o Capped Bust Half Dollar GR-1 RPM 50c Graded Choice AU/BU Slider+ BY U

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  Lot #6652  (Sale Order: 3147 of 3243) 
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Key Date Coins

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Location: Voorhees, NJ

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***Auction Highlight*** 1839-o GR-1 RPM Capped Bust Half Dollar 50c Graded Choice AU/BU Slider+ BY USCG. A new coining press specifically designed for half dollar production saw its first use in March 1839 at the New Orleans Mint. The Southern Mint was established by Act of Congress on March 3, 1835, although its impressive, Greek Revival style building took almost three years for completion. A limited number of 1838-O Bust half dollars were struck for presentation -- perhaps 10 coins -- on a dollar-sized coin press that was ill-suited for the task. Those few 1838-O dated coins represent the first half dollars struck as part of the federal series, although they were not shown as part of the Mint Director's report -- likely because they were struck in early 1839. It is thought another 10 specimen 1838-O coins were struck sometime later in 1839.The reverse from the initial 1838-dated mintage remained in service to strike 1839-O dated coins, when the die was paired with one of four obverse dies. The GR-1 variety was by far the most successful of the New Orleans Mint's half dollar efforts, A total of five die pairs were needed to accomplish the full 1839-O mintage.1839 was the final year for Bust design coinage, which gave way to Christian Gobrecht's Seated Liberty design. As a result, all 1839-O Bust halves are in demand among type collectors and Bust half specialists as the sole readily collectible type with an obverse mintmark. Obverse mintmarks on the half dollar denomination were not seen again until 1916. The variety is further identified by its distinct network of die cracks that course through the date, drapery, and stars. The shattered reverse die stage displays heavy die cracks throughout the legends, branching across the nearly mark-free fields to the eagle's wings and beak. Numerous lumps are seem throughout the major die cracks. A Key Date's Pick, Bid to Win Coin

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This item is part of Brilliant Post Baltimore Rare Coin Auction 27 pt 2
 Thursday, Jul 11, 2024 | 10:30 AM  Eastern
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***Auction Highlight*** 1839-o Capped Bust Half Dollar GR-1 RPM 50c Graded Choice AU/BU Slider+ BY U
***Auction Highlight*** 1839-o Capped Bust Half Dollar GR-1 RPM 50c Graded Choice AU/BU Slider+ BY U
Lot number: 6652
Seller: Key Date Coins
Event: Brilliant Post Baltimore Rare Coin Auction 27 pt 2
Ends: Thursday, July 11 | 10:30 AM  Eastern

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