1838 50C Reeded Edge PR65

CERTIFICATION#: -32380
PCGS#: 6225

Owner's Comments

Estimated grade. Ex. Newcomb; Raymond (1946) Sold by David Akers Numismatics May '98 Price realized $93500

Expert Comments

Ron Guth: Proof 1838 Reeded Edge Half Dollars are exceedingly rare.  Presently, only five examples are known, two if which are in the National Numismatic Collection at the Smithsonian Institution, leaving only three examples for collectors to fight over.  One of the Smithsonian examples appears to have been placed into the collection in the year of issue, which, concidentally, was the year the Mint Cabinet was established.

The finest Proof 1838 Half Dollar is the PCGS PR66 from the Pittman Collection

Four of the five Proofs are of the GR-14 variety (based on Dick Graham's attribution scheme), all of which have a cracked reverse and some interesting die anomalies on the obverse.  We await confirmation of the die variety of the Pittman coin to complete the census. 

Diameter: 30.00 millimeters Designer: Christian Gobrecht Edge: Reeded
Mintage: 5 Weight: 13.36 grams Metal Content: 90% Silver, 10% Copper

Condition Census

Pos Grade Thumbnail Pedigree and History
1 PR66 PCGS grade  

Howard Newcomb Collection - J.C. Morgenthau 5/1945:850 - Wayte Raymond, sold privately in 5/1946 - John Jay Pittman Collection - David Akers 5/1998:1513 - Bowers & Merena 8/2000:4114 - Bowers & Merena 7/2002:301 - Heritage 1/2007:979, $161,000

2 PR64 PCGS grade

Reed Hawn Collection - Stack's 8/1973:120 - Long Beach Connoisseur - Bowers & Merena 8/1999:199, $33,350

2 PR64 PCGS grade  

“Obtained by a European noble while visiting this country in the middle 19th century and retained by the same family until the present time” - Heritage 4/2014:5598, $129,250

4 Proof  

National Numismatic Collection at the Smithsonian Institution

4 Proof  

National Numismatic Collection at the Smithsonian Institution