1853 50C Arrows and Rays AU55 Certification #27897187, PCGS #6275

Expert Comments

Ron Guth

In 1853, the American Congress passed a Coinage Act that reduced the weights of the Half Dimes, Dimes, Quarter Dollars, and Half Dollars to correct the imbalance in the prices of gold and silver.  To make the change obvious, arrowheads were placed on either side of the date and rays were placed throughout the reverse.  Production of the new Half Dollars ballooned in 1853 to over 3.5 million coins -- a level unseen since ten years earlier.  The New Orleans mint contributed another 1.3+ million coins.  With the rays on the reverse, this became a one-year type coin (from 1854 to 1855, the rays were removed but the arrowheads remained).  This date is very plentiful in most Mint State grades, but type collectors keep the price higher than usual.  Numerous Gem examples remain, but Superb examples (those MS66 and better) are very scarce.

Diameter
30.00 millimeters
Designer
Thomas Sully/Christian Gobrecht
Edge
Reeded
Mintage
3532708
Weight
12.40 grams
Metal Content
90% Silver, 10% Copper
Country
The United States of America
Pop Higher
546
Pop Lower
1160
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

Grades
65 or Better 6000 R-3.8 2 / 2 126 / 126
All Grades 600 R-5.8 2 / 2 125 / 126
60 or Better 30 R-8.9 2 / 2 83 / 126 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade  
	PCGS #6275 (MS) 67

Bob R. Simpson Collection

1 MS67 PCGS grade
3 MS66+ PCGS grade MS66+ PCGS grade

Heritage 9/2013:6436, $76,375

3 MS66+ PCGS grade MS66+ PCGS grade

Ed Hipps, sold privately in 1979 for $25,000 - Douglas C. Kaselitz Collection - Stack's/Bowers 7/2015:5179, $94,000

3 MS66+ PCGS grade

Larry Whitlow, sold privately in 1/2008 - Eugene H. Gardner Collection, Part III - Heritage 5/2015:98471 - Heritage 1/2016:5370, $44,650