1807 50C O-114 Large Stars Capped Bust MS65

CERTIFICATION#: 25316309
PCGS#: 39361

Owner's Comments

O.114 R3. Newman. CAC. "Large Stars Guide Book Variety. Tied for Finest Known O-114. Ex: "Col." E.H.R. Green. This coin is a stunning Gem, with brilliant silver centers surrounded by vivid rings of golden-brown and lavender toning. The remarkably well-preserved surfaces radiate vibrant mint luster throughout with few, if any, signs of handling or album storage. The strike is razor-sharp. An extensive network of die cracks is evident on the reverse and interesting clash marks are visible on both sides. Overall eye appeal is terrific. NGC has graded one other MS65, the Prouty Ex: Norweb and Pryor coin last offered in Superior's Hudson River Valley 3 sale, October 2000, lot 3273 where it brought a modest $24,150. That coin remains in the strong hands of the successful bidder. A PCGS MS65 1807 Large Stars was the super nova of our half dollar offerings in the Central States signature sale of April 2010. With a "look" comparable to the Newman coin it took $149,500 to bring it home! We will not be surprised to see a repeat of that bidding war when this piece comes to the floor. The Mint began the year with a small mintage of Draped Bust dollars, before switching to the new design. A modest mintage of 750,500 Capped Bust half dollars was accomplished in the later part of the year, the second smallest business-strike total for the series. Only four different die varieties are known for the date and type, including the Large Stars O-114 variety represented by the present coin. The O-114 variety is easily recognized by the small die lumps below the 7 in the date and overlapping lower arrowheads on the reverse. The Large Stars variety is listed on page 194 of the 2014 Guide Book. Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $10.00; Eric P. Newman Numismatic Education Society. Items being sold are from the extensive collection of Eric P. Newman Numismatic Education Society (a Missouri not-for-profit corporation) and have been assembled over a period of 90 years. Proceeds of the sale of all items will be used exclusively for supplementing the Society’s museum operations and scholarly numismatic research efforts and for the benefit of other not-for-profit institutions selected by Eric P. Newman Numismatic Education Society for public purposes," per Heritage cataloger. Heritage Auction #1190 of the Newman Collection on November 15, 2013, Lot 33436. PCGS cross from NGC MS65 to PCGS MS65 on February 14,2014. Martin Logies said he was the under bidder at the Las vegas PCGS show on 2/14/2014.

Expert Comments

Diameter: 32.50 millimeters Designer: John Reich Edge: Lettered: FIFTY CENTS OR HALF A DOLLAR
Mintage: 750,500 Weight: 13.50 grams Metal Content: 89.2% Silver, 10.8% Copper
3
45
4
90
6
105
8
150
1
10
170
15
325
2
20
600
1
25
750
2
45
3,900
2
45+
4,100
50
5,200
50+
5,500
53
6,500
3
53+
6,850
55
8,250
1
55+
8,600
58
11,500
2
58+
12,000
60
13,000
61
14,000
1
62
15,000
62+
15,500
63
18,500
65
160,000
1

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS65 PCGS grade Heritage 4/2010:2112, $149,500
2 MS65 PCGS grade

"Colonel" E.H.R. Green - Green Estate - Partnership of Eric P. Newman & B.G. Johnson (St. Louis Stamp & Coin Co.) - Eric P. Newman, who paid $10.00 - Eric P. Newman Numismatic Education Society - Heritage 11/2013:33436, $152,750

2 MS64 estimated grade  

B. Max Mehl 11/1954 - Norweb Collection - Superior 10/200:3273, $24,150

4 MS61 PCGS grade
5 MS60 estimated grade