Canada
Edward VII 50 Cents 1904 MS65 PCGS, Royal mint, KM12. The 1904 and 1905 are the low-water marks in the Edward VII 50 Cents series, with production of 60,000 and 40,000 coins, respectively. Both are elusive even in circulated grades and quite scarce in Mint State. Cementing the rarity of this 1904 example is its status as the only Gem of the issue certified at PCGS, with none finer (12/03/15). The coloration on both sides is a consistent lilac-pink, although glints of copper-gold and ice-blue are discernible at the extreme rims. The strike is well executed, but due to the design some weakness is still noted on the King's hair and beard. A few ticks appear in the central reverse, without which this piece might have achieved an even finer grade. Nonetheless a coin of remarkable quality and rarity. Ex. Canadiana Collection.
Estimate: 15000-20000 USD