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Heritage World Coin Auctions
Long Beach Signature US Coin Sale 1252  16-17 Feb 2017
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Lot 3688

Starting price: 1 USD
Price realized: 32 000 USD
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Seated Half Dimes
1853-O H10C No Arrows MS65+ PCGS. CAC. Ex: Eliasberg. The New Orleans Mint struck only 160,000 half dimes in 1853 before the weight was changed and arrows were added to either side of the date. Examples of this earlier issue experienced extensive circulation, and the No Arrows 1853 is widely regarded as a key date today, especially in high grades. This Plus-graded Gem representative was previously housed in the legendary Eliasberg Collection, and was described in that 1996 Bowers and Merena catalog as:

"The finest we have ever seen of this, a well known rarity in any grade, and a major rarity even in AU. This piece is absolutely unforgettable and will forever remain as one of the highlights in the present offering."

This magnificent coin still ranks as the sole finest 1853 No Arrows half dime, even if only by the margin of the Plus designation. Delicately preserved, glowing luster illuminates lovely champagne-gray and ocean-blue toning on each side. The upper-left portion of the wreath, bowknot, and lower half of the date are weakly defined, as usual on this issue, but the strike is otherwise pleasing. A truly spectacular example of this scarce date, and a must-have for any serious Seated half dime collector.
Ex: Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 5/1996), lot 988; Central States Signature (Heritage, 4/2015), lot 4972.
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