SOLD – 50¢ – 1867 PCGS MS64 CAC

1867_50c_P64_CAC.jpg
1867_50c_P64_CAC.jpg
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SOLD – 50¢ – 1867 PCGS MS64 CAC

3,950.00

Serial Number 6321.64/27442510

PCGS Lookup Number 6321

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As with all silver coins from this era, the 1867 half dollars from Philadelphia were melted extensively and are much scarcer than their comparatively high mintage (449,300) would suggest. There are a few dozen known in Uncirculated an this figure includes a few Gems. The finest known is a remarkable PCGS MS68, ex Bowers and Merena 4/05: 568, which sold for a healthy $40,250.

This very choice example is the epitome of originality with nice dusky silver toning that deepens to golden-orange at the borders. The underlying surfaces are very frosty and show just a few well-hidden marks. The strike is sharp and the overall appearance is outstanding.

In October 2012, this same coin, before it was approved by CAC, sold for $4,113 in a Heritage auction.

At less than $4,000 this seems like exceptional value to me.

CAC has approved just two examples in MS64 with one finer (MS65).