Ex-Eliasberg 59-s half. There were 2 specimens out of Eliasberg, both realizing about the same $50K to $52K price at the time. This Med S variety got graded NGC MS68 out of the gate while the other one took at least a 2nd submission to get the 68. Oddly, the one that graded 68 first sold for the lower $50K. Have to think that these specimens were dipped out before or after the sale. In time, this specimen could show a generally neutral golden brown toning. This specimen was in Nov S-B as TDN suggested (link below). Their search features don't work very well. If you need an MS68 no motto seated half for your #1 type set, these are the only 2 specimens for any date so graded. They just happen to be 1859-s rather than a more common date. Odd that this is showing up in a TT sale of all places. Normally I'd say this coin had to be house owned or consigned by a favorite dealer/collector. But since it's in the upcoming auction, no reserve or high starting bid? CAC has only stickered this MS68. Interesting to note that they have only stickered two NM "S" mints above the 65 grade....this MS68 59-s and a MS66 1864-s. Those S mints are tough to find truly superb. I know Gene Gardner has a MS66 1857-s and that might sticker if submitted.
Frankly, there is little one needs to say other than PCGS MS68 CAC. The coin speaks for itself and has been well known to the community for the past 15 yrs. Anyone seriously interested in bidding on this knows exactly what it is. It really has much more demand as a type coin as other than Gene Gardner, I don't think the coin quite fits in anyone else's date set of superb/choice gem seated halves. If I had $75K to $85K to blow on a killer seated half I'd probably stretch a little more and go after the iconic 1855-s in MS66. It's almost a shame that there are 2 PCGS MS68 1859-s halves. Imagine the blow that occurred to those holding MS66 examples of this date when those two 68's popped up?
Comments
btw - even though I knew it was Stacks Bowers November sale, I still couldn't find it with their search feature.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
In honor of the memory of Cpl. Michael E. Thompson
Frankly, there is little one needs to say other than PCGS MS68 CAC. The coin speaks for itself and has been well known to the community for the past 15 yrs. Anyone seriously interested in bidding on this knows exactly what it is. It really has much more demand as a type coin as other than Gene Gardner, I don't think the coin quite fits in anyone else's date set of superb/choice gem seated halves. If I had $75K to $85K to blow on a killer seated half I'd probably stretch a little more and go after the iconic 1855-s in MS66. It's almost a shame that there are 2 PCGS MS68 1859-s halves. Imagine the blow that occurred to those holding MS66 examples of this date when those two 68's popped up?
1859-s half rarities night S-B