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Dallas Signature US Coin Sale 1253  4-6 Apr 2017
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Lot 15683

Starting price: 1 USD
Price realized: 65 000 USD
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Early Half Dimes
1795 H10C V-6, LM-9, R.4, MS66 PCGS. CAC. The 1795 Flowing Hair half dime claims a mintage of 78,660 pieces, with 10 die varieties known for the date. A total of eight obverse and five reverse dies were combined to produce the 10 known varieties. This coin represents the LM-9 variety, identified by the low position of L in LIBERTY, with IB distant, and the reverse with one inner and no outer berries under the eagle's left (facing) wing. The LM-9 variety is scarce in absolute terms, but it is one of the three most "common" varieties of this date. The obverse die was used previously to strike the LM-8 variety of 1795. This was the only use of the reverse die.
The 1795 Flowing Hair half dime has been popular with collectors since the earliest days of the hobby. The issue began appearing at auction as early as the A.C. Kline Sale (M. Thomas & Sons, 6/1855), where an example was offered in lot 259. Philadelphia attorney and coin collector Harold P. Newlin published the first work on half dime die varieties in 1883, listing the LM-9 variety as his number 3 and noting, "This variety is scarce." The record price realized for a 1795 half dime was recently set by the spectacular MS67 PCGS LM-10 specimen in the Pogue Collection, which brought $176,250.
The present coin is a delightful Premium Gem with sharply detailed design elements and vibrant mint luster throughout. Both sides show heavy clash marks and the obverse shows the characteristic die crack from the rim through Y and the bust, down through the top of 7 and back to the rim. A few light planchet adjustment marks show in the area of the eagle's legs. The well-preserved surfaces display attractive shades of lavender, blue, and greenish-gold toning and eye appeal is terrific. Population (all varieties): 11 in 66 (2 in 66+), 2 finer. CAC: 7 in 66, 1 finer (1/17).

HID02901242017
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