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New Piece: 1839 No Drapery Half - MS62

CatbertCatbert Posts: 6,471 ✭✭✭✭✭
edited January 30, 2024 1:37PM in U.S. Coin Forum

The winter FUN show provides many opportunities to engage with the hobby. One of the priorities for me is always to do some auction lot viewing and Heritage had the incredible Walter Husack collection of early large cents on display. While enjoying this experience, I decided to see what was also available in my favorite series - seated half dollars.

I was very pleasantly surprised to see what I felt was a quality no drapery half among the lots. This has been a long desired type coin as both a half dollar denomination and seated half collector. Other collectors of type have made this coin popular given it's one year design and the design being changed in the next year. As such, they are very expensive and especially so at the MS level.

I noted it was not CAC certified likely due to the small pit shown on the obverse left field and some scuff marks in the right obverse field. These were not major distractions and, when considering the PL reverse and overall attractiveness, I felt it was a winner if it could be bought at the right price (and budget!). I asked @BillJones to kindly provide his opinion and it passed his muster. Had I anticipated encountering the coin before my attendance at the show, I would have sought @MFeld 's eye as well.

This coin was coming from the Gobrecht Raisinet collection and formerly from the Troy Wiseman collection (auctioned in 2006). Interestingly, it also is the CoinFacts plate coin for this type although there are higher graded pristine examples in the images section. CoinFacts lists this as an 8.5 rarity in MS60 and higher.

Here's a video that will give you an idea of the in hand look:

The Heritage auction pics were not the best and I speculate that this helped me obtain this coin at an attractive price compared to current guide prices.

"Got a flaming heart, can't get my fill"

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