Classic Numismatic Rarity Highlights Heritage Long Beach Auction
1838-O Reeded Edge Half Branch Mint PR63 is Among the Most Sought-After Coins in American Numismatic History
Dallas, TX. One of numismatics’ most sought-after rarities, the 1838-O Reeded Edge Half Branch Mint, graded PR63 by PCGS, will highlight the Official Auction of the February 2008 Long Beach Coin Expo, presented by Heritage Auction Galleries. The auction dates are February 13-16, 2008, and the auction will be held at the Long Beach (CA) Convention Center.
“By any standard used to define the term ‘rarity,’ the 1838-O Reeded Edge Half Dollar surely qualifies,” said Greg Rohan, President of Dallas-based Heritage Auction Galleries. “No more than 20 of these remarkably well struck coins were ever minted, many of which were distributed as gifts or souvenirs by mint officials, although it’s unclear whether these were intended as proof coins, business strikes, or die trial pieces. If the 1838-O halves were distributed as proofs, several pieces were not handled as such over time, as several are considered circulated or impaired proofs, grading in the PR40 to PR50 range. Even the Smithsonian example from the Mint cabinet is a cleaned coin. Whatever its origins, there’s no doubt that the1838-O half dollar is an extraordinary coin to behold, both in terms of beauty and absolute rarity.”
“The particular coin that we’re presenting in our Long Beach auction,” Rohan continued, “the Atwater specimen, is special not only because of its rarity, but also because of its wonderful state of preservation. Some specialists believe that this coin is the finest known of the 11 traced examples, despite the grade assigned by PCGS. The coin has light, even, pleasing steel-gray toning over fully reflective surfaces, suggestive of a PR64 or even better coin. It is likely that the first U.S. half dollar coin to reach the million dollar mark will be an 1838-O half and, considering the current renaissance in classic U.S. numismatic rarities, it may happen sooner than later. The specimen offered here provides a rare opportunity for the connoisseur to acquire a legendary coin that holds a permanent position on the landscape of classic American numismatic rarities and is perhaps unimprovable in terms of quality.”
More information about the 1838-O Half Dollar can be found at the Heritage website, www.HA.com, including enlargeable, full-color images and a complete catalog description.
1838-O 50C PR63 Branch Mint PCGS. CAC.
To discuss consigning coins or currency to an upcoming auction, please call the Heritage Consignor Hotlines at 800-872-6467 ext. 1000 (Coins); or ext. 1001 (Currency).
For more information about Heritage’s auctions, and a complete record of prices realized, along with full-color, enlargeable photos of each lot, please visit www.HA.com.
To reserve your copy of any Heritage auction catalog, please contact Client Services at 1-800-872-6467, ext. 1150, or visit www.HA.com/Catalog to order by email.
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media contact:
Kelley Norwine
1-800-872-6467 Ext. 1583
KelleyN@HA.com
Heritage Auction Galleries,
3500 Maple Avenue, 17th Floor
Dallas, TX 75219
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Simon Morris | Sep 15, 2008 | Reply
Hello from South Africa
I have this little coin, I do not know what metal it is made from, however it is worn more on the one side than the other, on the one side it says
UNTITED STATE there is a picture of a head facing to the left, on the other side it says JULY and I think 1838 in the middle, got some sort of leaves or such around from the bottom, it measures +- 16mm od across with a ruler, it seems to have a reed sort of ring around it as well, if you require a pic, then please send me an email.
I have a vast collection of coins and bank notes as well.
I wish you excellent health.
Thanking You
Regards
Simon Morris
cell 27 082 499 1924 maybe you have to loose the 0 in front of the 8.