LOVELY PCGS/CAC AU50 1846-O HALF EAGLE WITH NATURAL COLOR

The 1846-O half eagle is clearly scarcer than the 1845-O and it is only a little less often seen than the trio of dates struck from 1855 through 1857. There are likely 125-150 known with most showing extensive circulation. About Uncirculated pieces are very scarce and most seen show little–if any–original skin.

This fresh-to-the-market example has the appearance of an AU55 but it is a bit too scuffed to grade as such. It shows rich natural russet color with a good deal of luster remaining. The strike is sharp with all the stars showing full radial lines and little weakness of note at the centers.

No PCGS AU50 1846-O half eagle has sold at auction since September 1995 (!) while only two NGC AU50′s have crossed the block since September 2006.

Here is an interesting opportunity for the New Orleans half eagle date collector to obtain an uncommonly fresh example of a date not often seen with this characteristic.

CAC has approved two in AU50 with 10 finer.