Early Half Dollars
1794 50C O-101, T-7, High R.3, VF25 NGC. Ex: Highland Collection. Tompkins Die State 1/3. The most available die pair (by far) for the 1794 Flowing Hair halves, one of 11 die marriages required for the issue with a reported mintage of 23,464 pieces. Half dollars were authorized by the Act of April 2, 1792, but no half dollars were struck until December of 1794 and just 5,300 pieces were delivered in the calendar year of issue. Others were delivered in 1795.
Less celebrated than the showpiece 1794 dollars, the half dollars were a backbone of early circulating U.S. coinage and Uncirculated examples are rare. The O-101 (T-7) variety is the only die pair with Uncirculated examples available to collectors. This piece saw moderate circulation, but retains nice definition on the motifs and the date is sharp. The reverse rim is unusually high and well-formed. Lovely silver-gray toning deepens slightly at the borders, with abrasions lessened by wear. An appealing, collector-friendly example.