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首席收藏网 > 数据中心 > Stack's Bowers and Ponterio > SBP-苏富比2016年5月纽约波格集藏IV

Lot:4006 1838 Capped Bust Half Dollar. Graham Reiver-1. Rarity-3. HALF DOL. Mint State-66 (PCGS).

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外国钱币

USD 20,000-25,000

SBP-苏富比2016年5月纽约波格集藏IV

2016-05-25 07:00:00

2016-05-25 12:00:00

USD 44650

SBP

成交

The period from 1836 to 1840 saw dramatic changes in all of the coinage. The most important change was the hubbing of an entire die.&rdquo; &mdash; Jules Reiver, Variety Identification Manual for United States Reeded Edge Half Dollars 1836-1839, 1988</em>Impressive mint frost remains on delightfully toned surfaces, with gold and pale golden gray dappled across the obverse, intermingling with silvery brilliance, while the reverse shows a more typical tone of brilliant silver tinged with gold and pale rose. The cartwheel luster and visual appeal are both exceptional, even as magnification finds scattered light marks and lines here and there. A pair of twinned contact marks on Liberty&rsquo;s cheekbone and a curved hairline from star 3 to Liberty&rsquo;s neck are seen on the obverse, while the only significant mark on the reverse is a well hidden scrape over the wing at left beneath U of UNITED. An arc die crack atop the obverse curves nearly as low as Liberty&rsquo;s ear while reaching the rim between stars 5 and 6 on the left and through star 7 on the right. This crack appears to have affected the plane of the die face, as the top of Liberty&rsquo;s cap, her forecurl, and star 6 are quite flatly struck. The portion of the reverse opposite this crack received insufficient striking force because of the damage on the obverse, leaving the talon at left, the tip of the olive branch, and several letters of the denomination quite flat. The reverse is likewise cracked, showing an impressive arc from T of UNITED to the lower left serif of L in DOL. Strangely, aside from the affected areas atop the obverse and at the bottom of the reverse, all other areas are superbly struck.Wild variations in striking quality became drastically reduced in the late 1830s, when Mint personnel finally learned to produce whole dies, except for date and mintmark, by hubbing; rather than sinking all individual design elements into each die, only dates and mintmarks were added after the hubbing process was complete. While modern collectors revel in the fine variations from die to die, the inconsistency of both the positioning and depth of various design elements led to dies that were more prone to cracks, uneven wear, and uneven striking. The mechanization of the die sinking process took a giant leap forward after Franklin Peale&rsquo;s 1833 to 1835 tour of European mints, during which the books and processes of mints at London, Paris, and elsewhere were opened to him. In 1837, the introduction of the Contamin reducing lathe first enabled the engravers at the United States Mint to have a reduced version of an oversized model engraved directly into steel, producing a mechanical precision not previously possible.Martin Luther Beistle, whose 1929 <em>A Register of Half Dollar Die Varieties and Sub-Varieties</em> was the first work to attempt to describe the varieties of this year, recognized this tendency toward similarity. His variety descriptions for this design type focus largely upon the positions of the date numerals, placed into individual obverse dies even after the introduction of hubbing, as well as the cracks and minor flaws that make varieties in this series most easily detected. Describing this as his 1838 5-F, Beistle noted &ldquo;this variety has large 8s, and they are very similar to the ones on No. 2, however 3 and 8 are level across the top.&rdquo; Other fine details, like shield lines, did not translate well from hub to die, and these often required touch-up in the die that rendered them distinguishable from each other. Craig Sholley noted, in his 2003<em> John Reich Journal</em> article entitled &ldquo;Early U.S. Minting Methods - Part II: Die Sinking,&rdquo; &ldquo;shield lines continued to be hand cut or strengthened until their relief was drastically lowered in the Barber series.&rdquo; Jules Reiver&rsquo;s pioneering 1988 work on this series noted that this reverse showed the &ldquo;4th from bottom horizontal line in shield extend[ing] to outer left outline of shield,&rdquo; while Dick Graham, the latest to study this design type, noted &ldquo;crossbars 1 and 4 [extend] to second outside border shield on left.&rdquo; These observations allow collectors to distinguish among dies that were intended to look identical.With unmatched luster and a visual impact far finer than typical among Mint State examples of this date, this piece is tied with two others atop the PCGS certification data. PCGS CoinFacts records no sales of 1838 half dollars graded PCGS MS-66.PCGS# 531080. NGC ID: 24G5.

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