The unprecedented crossover underscores his personal efforts to combat “grade inflation.”
Obverse Description
Portrait of Liberty facing left with a cap and the word LIBERTY on a ribbon above her brow. 7 stars on the left periphery and 6 stars on the right side represent the original 13 colonies. The date appears centered at the bottom.
Reverse Description
An heraldic eagle holding olive branches and 3 arrows in its claws is surrounded by the words UNITED STATES OF AMERICA around the periphery. A ribbon below bears the motto E PLURIBUS UNUM. The denomination of 50C is centered below the eagle.
Book Reference
Designer: Christian Gobrecht, modifying John Reich’s design. Weight: 13.36 grams. Composition: .900 silver, .100 copper. Diameter: 30 mm. Edge: Reeded. Mint: Philadelphia.
Key to Collecting: In 1836 relatively few half dollars of this type were made, a number believed to be below 5,000. Then, in 1837, the mintage was an impressive 3,629,820. For type-set purposes, an example of the latter date is the most feasible.
Aspects of Striking and Appearance: The striking of this type is usually quite good, but there are exceptions. Points to check include in particular the stars on the obverse and the details of the eagle on the reverse, after which you can check the hair details of Liberty, the lettering on the reverse, and the denticles. It has been my experience that pieces dated 1836, considered to be rarities, are usually quite well struck, but those dated 1837 can be rather casually made. Extensive cherrypicking will be needed.
Proof Coins: Proofs are occasionally encountered of the year 1836 and are quite rare. Authentic Proofs of 1837 exist but for all practical purposes are unobtainable.
Catalog Information
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Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| PR66 |
|
$126,000 | $1,234 |
| PR66 | - | $102,000 | $1,234 |
| PR65 |
|
$1,234 | $1,234 |
| PR65 | - | $1,234 | $1,234 |
| PR64 |
|
$1,234 | $1,234 |
| PR64 | - | $1,234 | $1,234 |
| PR63 |
|
$1,234 | $1,234 |
| PR63 | - | $1,234 | $1,234 |
| PR62 |
|
$1,234 | $1,234 |
| PR62 | - | $1,234 | $1,234 |
| PR61 |
|
$1,234 | $1,234 |
| PR61 | - | $1,234 | $1,234 |
| PR60 |
|
$1,234 | $1,234 |
| PR60 | - | $1,234 | $1,234 |
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