Laibstain. A very tough to find coin in MS 65 or above. This is a middle year P-mint date that no one seemed to save in mint state condition at the time of issue, as proofs were more popular among the collectors of the day. Very nice toning on this fabulous piece. Tied with the Duckor Collection specimen as the finest known. Amazing to think this coin has a population of only 2 in MS 67 whereas the highly sought-after 1904-S has three coins in the same grade. Finding coins like this one is extremely difficult and makes the hunt for such coins fun and enjoyable, when an example can be found. This coin is another example of how difficult the P-mint coins are from 1900-1905. The mintage of the 1901 has little to do with how many superb gems remain.
David Akers: This was one of the last Half Dollar [dates] added to Dr. [Thaine B.] Price's Collection. The reason for this is simple; in years of searching, he was never able to find a really high quality piece with the toning and eye appeal that he wanted. This long search for a Gem 1901 conclusively proved to me what I had long felt to be the case, namely, that this date and the other Philadelphia Mint issues from 1902-1905 are decidedly rare and underrated. They have always been regarded as little more than moderately common issues when, in fact, they are as rare and, in some cases, more rare than some of the popular mintmarked issues of the 1890's and early 1900's that have long been correctly recognized as rarities.