1800 Draped Bust Half Dime. LM-2. Rarity-7. AU-53 (PCGS).An extraordinary example of this rare variety that is seldom encountered above Very Fine. This piece is fully untoned and brilliant, with notions of reflectivity apparent in the fields under certain conditions. The surfaces are overall smooth and nicely composed under scrutiny, exhibiting just trivial marks commensurate for the grade. Evidence of a fatigued die is apparent throughout, which signs of clashing most dramatic in the lower right obverse. Superlative technical merit is supported by overall pleasant eye appeal across this AU rarity, delivering a specimen that is surely fit for an impressive cabinet.<p><p>Discovered by Walter Breen and reported in <em>The Coin Collectors Journal</em> in 1958, the LM-2 variety is among the most elusive marriages of the entire half dime series. Just 7-10 specimens have been confirmed, many of which have been subject to some form of mishandling over the years. The present piece ranks as the second finest known of this exclusive population, ranking behind the colorfully toned example from Heritages July 1988 sale that is now certified AU-58 by NGC. Half dime specialists will be sure to recognize the immense significance of this offering.Ex our August 2017 ANA Auction, lot 2052.
