1853-O 50C Arrows and Rays AU55 Certification #20206594, PCGS #6276

CAC green sticker. WB-1, R-3 (201-500 extant). CAC population data: 46 total, 1 on grade, 13 higher. Comment from GFRC: Gem Original, Seal Beach Collection. One of the most popular coins in the U.S. type series, the Arrows and Rays half dollar highlighted the revised standards mandated by the Coinage Act of 1853. This piece has exceptional luster for the grade with moderate mirrors. Varied shades of red, gold, and green are evident on both sides, with the obverse fields especially colorful. This example is well-struck with most star centers present and near-complete eagle detail. The halos surrounding the obverse stars are characteristic for 1853-O halves, and per Bill Bugert were likely imparted during the creation of a temporary master die. Housed in a PCGS Gen 4.4 (2005-2011) holder with CAC approval. Bought from the sale of the Seal Beach Liberty Seated Half Dollar sale offered by GFRC.

Ron Guth

To comply with the Coinage Act of 1853, the U.S. Mints were required to strike large quantities of reduced weight silver coins under the new standard to replace those made previously under the old standard.  This was more than the Philadelphia Mint could handle, so some of the burden went to the Mint at New Orleans.  In previous years, particularly between 1843 and 1850, the New Orleans Mint employees were used to producing large quantities of Half Dollars, and they rose to the task once again in 1853.  By the end of the year, over 1.3 million Arrows & Rays Half Dollars emerged from the New Orleans Mint.  Because of pressure from type collectors, demand for these coins was high in virtually the whole specturm of grades.  Unfortunately, the same cannot be said of Mint State coins, which have turned out to be quite scarce.  They tend to be of average quality and they are very rare in MS64 and better conditions.  The obverses are prone to spidery die cracks, most likely caused by extra pressures required to strike up the rays on the reverses.