1796/5 H10C MS65

CERTIFICATION#: -24803
PCGS#: 4255

Owner's Comments

Estimated grade. V-1 Ex. Maris Sold by Bowers & Ruddy Nov '79 Price realized $60000

Expert Comments

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).

Diameter: 16.50 millimeters Designer: Robert Scot Edge: Reeded
Mintage: 10,230 Weight: 1.35 grams Metal Content: 89.2% Silver, 10.8% Copper
4
1,800
6
2,150
8
2,650
10
2,950
12
4,050
15
4,400
20
5,250
25
5,750
30
6,250
1
35
7,100
45+
11,750
50+
14,500
53
17,000
53+
18,000
55+
23,500
58
26,000
2
58+
27,000
61
29,500
62
33,000
4
62+
34,500
1
63
41,500
2
64
75,000
1
64+
92,000
1

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 40 R-8.7 1 / 6 TIE 3 / 13 TIE
60 or Better 20 R-9.1 3 / 6 TIE 7 / 13 TIE
65 or Better 1 R-10.0 1 / 6 TIE 1 / 13 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade  

Essex Palm Collection - Heritage 1/2007:842, $172,500 - Madison Collection - Heritage 1/2008:2743, $345,000

2 MS64 PCGS grade

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

3 MS63 PCGS grade  
3 MS63 PCGS grade  
3 MS63 PCGS grade