Feb 18-19, 2002, The Benson Collection Part 2, Sale 13

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United States Coins

Half Dollars

Capped Bust Half Dollars

Lot 946 Click on photo for enlarged version Click on photo for enlarged version
1824. O-111, R-2. PCGS graded EF-40. Dark blue and gray toning throughout with nice luster beneath. A strong double profile on Liberty. One rim bump over the I of AMERICA.
Estimated Value $70-80.
From the Benson collection and purchased from Chapman on June 24, 1944 for $1.50.

Lot 947 Click on photo for enlarged version Click on photo for enlarged version
1824. O-111, R-2. EF-40. Reflective surfaces and toned around the edge. A strong double profile on Liberty as often seen from her chest to her upper curl.
Estimated Value $70-80.
From the Benson collection and purchased from Ira S. Reed on June 24, 1944 for $1.50.

Lot 948
1824. O-110, R-2. VF-20. Antique gray at the centers, and with lovely peripheral toning. Minor handling marks.
Estimated Value $40-50.
From the Benson collection and purchased from Ira S. Reed on June 24, 1944 for $1.50.

Lot 949 Click on photo for enlarged version Click on photo for enlarged version
1825. O-113, R-1. AU-55. Make sure to view this coin before the sale, as it has virtually the same eye appeal as the 1824 that NGC graded MS-66, but this one has a few faint scratches on the obverse. Blazing luster and deeply toned with electric blue and red on the obverse, mostly white on the reverse save for blue at the edge. Boldly struck, with mountainous curls on Liberty, and full feathers on the eagle. The reverse has some faint adjustment marks or roller lines which are present on the devices. Who knows, this one may fall through the cracks when it crosses the block.
Estimated Value $150-175.
From the Benson collection and purchased from Ira S. Reed on June 24, 1944 for $1.60.

Lot 950 Click on photo for enlarged version Click on photo for enlarged version
1826. O-107, R-3. AU-55. This one has been lightly polished, but has now retoned with medium gray and gold on the obverse, lighter silver on the reverse. Nicely struck by the dies, with light cracks through the reverse legends.
Estimated Value $125-175.
From the Benson collection and purchased from Ira S. Reed on June 24, 1944 for $1.50.

Lot 951 Click on photo for enlarged version Click on photo for enlarged version
1826. O-116a, R-1. PCGS graded AU-53. Flashy luster and well struck by the dies, with deep peripheral toning on the obverse.
Estimated Value $150-200.
From the Benson collection and purchased from Ira S. Reed in 1944 for $2.50.

Lot 952
1827. 7 over 6, O-102, R-1. VF-20. This one has several scratches on the central obverse, and a few more on the reverse. Toned with lovely hues on the obverse.
Estimated Value $50-60.
From the Benson collection and purchased from James G. Macallister on September 6, 1944 for $5.00.

Lot 953 Click on photo for enlarged version Click on photo for enlarged version
1827. Square base 2. O-104, R-1. NGC graded MS-64. A fully struck specimen, nice and bold throughout. This gorgeous example shimmers with satiny white mint luster. Because it is a common variety, this beauty is an ideal type coin.
Estimated Value $1,200-1,400.

Lot 954
1827. Square base 2, O-143, R-3. PCGS graded AU-55. Excellent color and eye appeal, with a few scattered handling marks on both sides. Dark gold toning around the rims. Scarce this nice.
Estimated Value $175-225.
From the Benson collection and purchased from Ira S. Reed on June 3, 1944 for $1.50.

Lot 955
1827. Square base 2, O-104, R-1. PCGS graded AU-50. Antique gray tones with sunset gold at the rims. Well struck and nicely preserved, with minimal handling marks. A common variety, but very nice overall.
Estimated Value $150-175.
From the Benson collection and purchased from Celina Coin Company on July 26, 1944 for $2.50.

Lot 956
1827. Curl base 2, O-146, R-2. PCGS graded AU-55. Good luster in the fields and nice colors at the rims. Moderate handling marks from very brief circulation and a decent example of this popular and scarce curled base 2 variety.
Estimated Value $170-200.
From the Benson collection and purchased from James G. Macallister on September 12, 1944 for $5.00.

Lot 957
1828. Curl base, no knob 2, O-101, R-1. PCGS graded AU-53. Blue, red and gold toning around the obverse rim, with some luster in the fields. Average handling marks, but much better eye appeal.
Estimated Value $175-225.
From the Benson collection and purchased from Ira S. Reed on February 26, 1944 for $2.00.

Lot 958
1828. Square base 2, large 8's, O-109, R-3. PCGS graded AU-50. Satiny gray toning with antique gray at the rims. Moderate handling marks expected for the grade, and a pleasant coin overall.
Estimated Value $170-200.
From the Benson collection and purchased from James G. Macallister on September 6, 1944 for $4.00.

Lot 959 Click on photo for enlarged version Click on photo for enlarged version
1828. Square base 2, small 8's, O-116, R-2. AU-58. This one shows hairlines from a cleaning on the obverse, but has retoned over the decades with fiery gold and blue at the rims, still bright at the center. Worth inspecting as you will find the colors quite bright and alluring.
Estimated Value $175-225.
From the Benson collection and purchased from James G. Macallister for $1.50.

Lot 960 Click on photo for enlarged version Click on photo for enlarged version
1828. Square base 2, small 8's, O-117, R-1. PCGS graded MS-62. Dark steel gray in color with hints of blue near the rims and rose at the centers. A good strike by the dies, and the surfaces show minimal handling marks. We note one thin scratch at the inside point of the fourth star.
Estimated Value $500-600.
From the Benson collection and purchased from an unknown source in the 1940s.

Lot 961
1829. 9 over 7, O-101a, R-1. PCGS graded EF-40. Great peripheral color and well preserved. The surfaces show an average number of handling marks for the grade.
Estimated Value $100-120.
From the Benson collection and purchased from Chapman on June 24, 1944 for $2.00.

Lot 962
1829. 9 over 7, O-101a, R-1. Fine-15. Cleaned with resulting hairlines in the fields. Dark toning on both sides.
Estimated Value $40-50.
From the Benson collection and purchased from Celina Coins on July 26, 1944 for $3.00.

Lot 963
1829. O-115, R-1. EF-40. A stunning beauty that boasts glowing gold tones at the rims, and abundant mint frost. Well struck and preserved with delightful eye appeal.
Estimated Value $75-100.
From the Benson collection and purchased from an unknown source in the 1940s for $2.00.

Lot 964
1829. O-108a, R-3. VF-20. Cleaned long ago and now toned with greenish gold around the rims, bright at the center of the obverse, the reverse mostly untoned.
Estimated Value $35-45.
From the Benson collection and purchased from Ira S. Reed on June 24, 1944 for $1.50.

Lot 965
1829. O-118, Rarity-4 and 1830. O-103, Rarity-2. The first grades AU-50, but is cleaned rather harshly, and the 1830 grades AU-55. Worth inspecting, as the 1829 is a tough variety. Lot of 2 coins.
Estimated Value $300-350.

Extremely Rare Proof 1830 O-111 Bust Half

Lot 966 Click on photo for enlarged version Click on photo for enlarged version
1830. Small 0, O-111. NGC graded Proof 64. An Extremely Rare Proof Example. First off, examination of the mirror surfaces and strike confirm that this is a proof. The stars and full and complete, each of the thirteen showing full radial lines and most showing the central ridge which extends down the middle of each star arm. Further, the central clasp on Liberty's shoulder is sharp, and minute traces of doubling are noted on several of the peripheral devices, confirming at least two strikes from the dies. Well mirrored fields, including between the shield stripes from polished dies, which is expected on proofs. Minor weakness in the strike on the absolute top most curls, and on the eagle's left claw above the C. The surfaces are toned with gold and sunset yellow colors predominating, with blue splashes near the edge of both sides. Frosted on the devices, and the coin boasts good contrast.
No others have been reported in proof of this die pairing, and it is quite possibly Unique. in proof. Further research will likely enhance the rarity of this date and variety in proof.
As to the rarity, we note PCGS has graded a single example in Proof as PR-62. NGC reports only a single coin graded in proof, this example as PF-64. Estimates of the total population range from four to ten coins, of various die pairings, and we were able to locate auction records of at most six different coins over the past 100 or so years (others may have been offered, but this the information we could reasonably locate) as follows:
1). Bowers and Ruddy's Terrell Sale, 5/73:837: The present coin. Note the two tiny specks below TE of UNITED for the plate match.
2). Lester Merkin's Sale, 2/12/71: 720 later Stack's Reed Hawn Sale, 8/73:93 (two toning dots over head). (Both plated)
3). 1949 ANA Sale, Numismatic Gallery, lot 1482 (No plate) at $38.00.
4). David Aker's John Jay Pittman Sale II, 5/20/98:1494 "possible proof", O-108, realized $10,450. (Plate).
5). Stack's Davis-Graves Sale, 1954:519 "has break from D to ribbon" at $30. (No plate).
6). Chapman's Parmelee Sale, 1890: 998 at $5.50 (No plate).
Some duplication is likely in the above group, and not all coins were plated making confirmation of the pieces known extremely difficult if not impossible. With so few known, the present coin is likely either the Parmelee or the 1949 ANA coin (or both!) but this is uncertain until individual notes are studied from attendees of the auction who examined and made notes about the coins offered. Breen notes only Overton-110 as a known variety in Proof in his Proof reference, and later in his Encyclopedia mentions "several varieties of proofs" but does not enumerate the Overton numbers that he had seen.
A foremost opportunity for the specialist to purchase an extremely rare coin.
Remember that proofs from this era were issued on a hit or miss basis. In some years a dozen of various denominations may have been coined, in other years none. As seen above, the 1830 proof half dollar is an extremely rare animal. One could argue that there are half a dozen known, and could just as easily argue that this 1830 proof half dollar is unique. Whatever the case, we heartily recommend this beautiful proof coin. Color photo.
Estimated Value $15,000-UP.
From Bowers and Ruddy's Terrell Sale, May 18-19, 1973, lot 837, prior and past offerings possible.

Lot 967
1830. Small 0, O-107, R-2. PCGS graded EF-45. Nearly the "a" die state but lacking the lower crack through the last couple of stars. Dark russet and blue toning and quite lovely for the conservative grade assigned.
Estimated Value $60-70.
From the Benson collection and purchased from Chapman on June 24, 1944 for $2.25.

Lot 968
1830. Small 0, O-110, R-3. VF-35. Moderate hairlines beneath the lovely peripheral toning, with the centers still bright.
Estimated Value $30-40.
From the Benson collection and purchased from Ira S. Reed on June 3, 1944 for $1.40.

Lot 969
1830. Small 0, O-108, R-3. Fine-12 but harshly cleaned. Harshly cleaned and possibly scraped on the obverse, but now retoned. Inspection a must.
Estimated Value $25-35.
From the Benson collection and purchased from an unknown source for $1.50.

Lot 970
1830. Large 0, O-123, R-1. PCGS graded EF-45. Beautiful toning around the obverse periphery, with gold on the reverse edge too. Good luster and well preserved.
Estimated Value $60-70.
From the Benson collection and purchased from Celina Coin Co., on July 26, 1944 for $3.50.

Lot 971 Click on photo for enlarged version Click on photo for enlarged version
1831 O-106, R-3. MS-64 or better. Beautiful russet and blue toning over lustrous fields and devices. We note the devices are sharply impressed, and that this is a scarce die pairing. This one is at the low end of the condition census for the variety, but we would expect this magnificent coin to sell to a type collector who is assembling a high grade mint state collection. An outstanding example that was put away many years ago and just finally come back into the light of day.
Estimated Value $2,500-UP.

Lot 972 Click on photo for enlarged version Click on photo for enlarged version
1831. O-107, R-3. PCGS graded AU-58. Strong luster and graced by lovely toning around the periphery.
Estimated Value $200-225.
From the Benson collection and purchased from Ira S. Reed in 1944 for $1.50.

Lot 973 Click on photo for enlarged version Click on photo for enlarged version
1832. Normal. O-110, R-1. NGC graded MS-63. A sparkling frosty mint specimen exhibiting a near full strike on the obverse with an area of weakness on the reverse at PLURIBUS. We notice some minor green stains in some of the protected areas, one of note behind the cap. We suspect that NGC has taken this into consideration and graded this coin accordingly. In our opinion, these minor stains are removable and as such, this coin could grade even higher.
Estimated Value $700-800.

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