Seated Half Dollars
1849 50C WB-101 MS64+ PCGS. CAC. Despite a plentiful mintage, the 1849 is surprisingly elusive in finer grades, presumably the result of melting by speculators. The bullion content of silver coins exceeded face value by late 1849, as bountiful California gold mines wreaked havoc with the nation's bimetallic monetary system. This is a lustrous and lightly toned Choice half that shows a few minor obverse field marks and displays a sharp strike save for the eagle's left (facing) ankle. Population: 28 in 64 (1 in 64+), 2 finer. CAC: 10 in 64, 1 finer (11/16).