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Famous 1802 Half Dime Rarity Looks to Steal the Show At Our February 2014 New York City Americana Sale

Famous 1802 Half Dime Rarity Looks to Steal the Show At Our February 2014 New York City Americana Sale

By Frank Van Valen, Numismatist and Cataloger; Based on the lot description by James Matthews, Senior Numismatist and Consignment Director, U.S. Coins

Whenever great U.S. coin rarities are discussed, talk eventually turns to the 1802 half dime, one of the greatest silver rarities of all. As early as 1863 this little half dime has been recognized for the rarity it is. In 1863 the Lilliendahl specimen was sold by Harold P. Newlin for $340, a lordly sum in the Civil War era, and a price that was 6,800 times face value! That specimen was one of just three known at the time. As a comparison, we note a 1794 dollar, one of the finest known at the time of its sale in 1863, realized just $285.

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A Warm Welcome to Our Americana Sale

A Warm Welcome to Our Americana Sale

By Brian Kendrella, President and Q. David Bowers, Chairman Emeritus

A Great Numismatic Tradition

Welcome to this year’s event! For many years, our Americana Sale conducted in New York City has set the pace for collectors, dealers, museum curators and others seeking quality coins, medals and tokens, from colonial issues onward. As customary, the venue will be at our office gallery on West 57th Street in the heart of the Art District on Wednesday, February 5, and will resume Thursday, February 6, at the Le Parker Méridien. Both venues are a short walk from Fifth Avenue, Times Square, Central Park, and other attractions and are only a few steps from Carnegie Hall. Come early, bring your family, and enjoy!

Superb Gem Mint State 1921-D Morgan Dollar To Shine in Our February 2014 Americana Sale

Superb Gem Mint State 1921-D Morgan Dollar To Shine in Our February 2014 Americana Sale

By Frank Van Valen, Numismatist and Cataloger, U.S. Coins

Tied for Finest Certified, Ex Jack Lee Collection

 

A glittering Gem 1921-D Morgan dollar of incredible quality will be one of numerous highlight lots in our upcoming February 2014 Americana Sale to be held in New York City. The coin, formerly a part of the near-legendary Jack Lee Collection of Morgan dollars, is certified MS-67 by PCGS, and is tied for finest certified of the date by that firm.

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Amazing Toned Gem 1927-D Quarter to Light Up Bidding In Our February 2014 Americana Sale

Amazing Toned Gem 1927-D Quarter to Light Up Bidding In Our February 2014 Americana Sale

By Frank Van Valen, Numismatist and Cataloger, U.S. Coins

The finest NGC-certified 1927-D quarter will make an appearance in our February 2014 Americana Sale to be held in New York City. The annual winter Americana Sale is a drawing card for some of the most active collectors and dealers, many of whom come to the Big Apple in person to enjoy the sights and to join in the auction activities. As always, there will be several sessions of U.S. coins, medals, tokens, and other delights, including a Rarities Night offering that is of spectacular in depth and scope.

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Rare 1802 Half Dime

Rare 1802 Half Dime

By James Matthews, Senior Numismatist and Consignment Director, U.S. Coins

The first 1802 half dime to sell at public auction is believed to be the William A. Lilliendahl Collection specimen sold in December 1863. At that time the piece was described as the finest of the three known specimens, although Harold P. Newlin noted the coin was in only "Very Good condition". It sold for $340, a record price that stood for a generation until Newlin's own finer specimen of this rarity was sold at auction. In comparison, one of the finest known 1794 silver dollars brought a comparable $285 in another 1863 auction, confirming the nascent American numismatists already had a firm grasp on the true rarity of the 1802 half dime. The original mintage is believed to be only 3,060 pieces, and these small silver coins suffered more than the usual indignities of circulation; they simply did not survive intact.
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Incredible Proof-65 1867 Rays Shield Nickel

Incredible Proof-65 1867 Rays Shield Nickel

By James Matthews, Senior Numismatist and Consignment Director, U.S. Coins

Introduced in 1866, the copper-nickel five-cent coin has remained an integral part of our nation's coinage ever since. This coin traces its roots to the suspension of specie payments that occurred during the Civil War. Silver and gold coins disappeared from circulation soon after the conflict began in 1861. Initially the silver half dime was replaced with five-cent Postage Currency and later, Fractional Currency notes, which circulated well after General Robert E. Lee's surrender at Appomattox, Virginia in 1865 as specie payments remained in suspension after the end of the war. In order to provide an alternative to this currency, Congress followed the three-cent copper-nickel coins of 1865 with similar five-cent copper-nickel coins authorized by the Act of May 16, 1866.

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Consign to our Exciting 2014 Auctions!

Consign to our Exciting 2014 Auctions!

Ring in the New Year by selling your coins or collection through one of Stack’s Bowers Galleries’ exciting auctions. Our first auction of the year is the Stack’s Bowers and Ponterio official auction of the New York International Numismatic Convention, being held at the Waldorf Astoria from January 10-11, 2014. Be a part of this landmark event by consigning your ancient and world coins and paper money by October 15th.
Author: Melissa
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The John J. Ford, Jr. Collection: Part XXIV

The John J. Ford, Jr. Collection: Part XXIV

Written by Q. David Bowers, Chairman Emeritus

Concluding One of the Most Important Collection of Tokens Western Americana, Political Americana and Related Items Ever to be Offered.
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