Lot 281
1800. LM-1, V-1. PCGS graded AU-55. Nicely toned. Only 40,000 minted. This is the first year of issue for the new Heraldic Eagle reverse design. Perfect LIBERTY with the upper inside point of star 1 close to the small middle curl. Seldom seen with perfect dies. All four digits in the date are equally spaced on this variety, and the first star is low in the field.
A respectable example of the premium AU quality one likes to see for this elusive Heraldic Eagle design. Some lingering luster blends naturally with pale dove gray and golden highlights on the surfaces. Struck with the usual uneveness throughout the inner design areas, although somewhat stronger at the following locations: dentils, stars and LIBERTY along with a sharp date and other legends on the reverse. The eagle with its shield are both nicely defined. Marginal weakness in the stars above and where the obverse bust interferes with the clouds near S-OF, having pulled the metal toward it, leaving the clouds insufficient material to fill the die completely.
The LM-1 1800 Half Dime is the most frequently seen variety for this date. As a side note, a fifth, variety was discovered about 10 to 15 years. Pop 26; 55 finer (PCGS # 4264) .
Estimated Value $8,000 - 8,500.
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| Realized $9,988 |
