Estimated grade. V-1 Ex. Maris Sold by Bowers & Ruddy Nov '79 Price realized $60000
Ron Guth: The 1796/5 Half Dime is an intertesting coin that raises some interesting questions. Usually, overdates occur on leftover dies from previous years, but they are usually of the same design type. So, was the placement of the 5 on a Draped Bust obverse simply a mistake or was it the intention, at some point, to strike a 1795-dated Draped Bust Half Dime? The 15 stars on the obverse may offer a clue because the the 15th state (Kentucky) was admitted to the Union in 1792, while the 16th state (Tennessee) was not admitted until 1796 (after a 1795-dated die with 15 stars would have been created).
The 1796/5 Half Dime is more rare than the 1796 "normal" date and even the 1796 LIKERTY variety. As of May 2011, PCGS had certified only 20 examples, the finest of which is a single PCGS MS66 ( a coin which sold for a record $345,000 in 2008).
Essex Palm Collection - Heritage 1/2007:842, $172,500 - Madison Collection - Heritage 1/2008:2743, $345,000
E.S. Norris Collection - S.H. & H. Chapman 5/1894 - J.M. Clapp - Clapp estate, 1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 5/1996:895 - Stacks/Bowers 3/2012:4053, not sold - Stack’s/Bowers 8/9/2012:11283, $74,750
© 1999 - 2014 Collectors Universe NASDAQ: CLCT