February 2014 Americana Lot #2041

Le Parker Meridien New York
2/6/2014 6:00:00 PM2/6/2014 5:00:00 PM
  • NGC

Price Realized: $64,625.00


Extraordinary Specimen 1794 Flowing Hair Half Dime
Extremely Rare and Desirable
This is a very rare format for one of these early half dimes, with no more than half a dozen in existence today that are certified as Specimens. Of course 1794 is the first year of issue, and it is reasonable to assume that a few may have been specially struck to commemorate the commencement of coinage of this series and denomination at the Philadelphia Mint. The 1792 half dismes were struck under Mint authority but not on site as the buildings and equipment were not prepared at that time. Notice the incredible depth of strike on the obverse and reverse, with bold denticles and strong curl definition on Liberty. For the reverse the eagles has sharp wing feathers and the lettering and wreath are uncommonly crisp. The fields are reflective while the devices appear frosty overall. In terms of toning there is electric blue iridescence that is tempered with a dash or two of pale rose. While research has shown that all 1794 half dimes were actually struck in 1795 that little diminishes the historic nature and rarity of this issue. Breen long ago mentioned that he had seen a few Prooflike examples of this date, and these have slowly appeared at the grading services for review. A truly exceptional example of this tremendous rarity that would place any advanced collection quickly into the world class status.
Estimate: $0.00 - $0.00
PCGS# 4250.
Pedigree: From our (ANR) Classics Sale, January 5-6, 2004, lot 1336. 
NGC Census: 2; 2 finer (Specimen-66 finest).