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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4077

Estimate: 1 USD
Price realized: 37 000 USD
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Walking Liberty Half Dollars
1921-S 50C MS64+ NGC. CAC. The Walking Liberty half dollar specialist will be well-aware of the scarcity of the 1921-S in Mint State, it being the most elusive date in the series in this condition. The '21-S is also the second-rarest issue in Gem or finer grades, trailing only the 1919-D at that level. These two dates represent the greatest challenge for the competitive Registry Set collector, and the 1921-S is arguably the more highly prized of the two, due to its low mintage of 548,000 coins.
The present coin is the first Plus-graded MS64 example that we have handled, and it is one of only three MS64+ pieces at NGC and PCGS combined. Recent offerings of Choice 1921-S halves include a CAC-endorsed PCGS coin in our August 2016 ANA Signature sale that realized $70,500. In our eyes, this Plus-graded, CAC-endorsed NGC coin is at least as fine as that piece both technically and visually. Luminous, original mint luster glows beneath a warm champagne hue on each side, and the design elements show an above-average strike with only trivial incompleteness at the thumb on Liberty's branch hand. A few tiny ticks are no more distracting than what is seen on many Gem-graded coins, and the overall eye appeal encourages prolonged study of the surfaces.
Currently, only one of the top 10 Circulation Issue NGC Registry Sets contains the 1921-S in MS64, and none have a finer coin. In fact, most of the NGC Registry Sets in this category contain circulated examples of the San Francisco key or lack the date entirely. The acquisition of this high-end near-Gem would give a substantial boost to any the high-ranking collections in the NGC Registry, as its Plus designation makes it finer than any of the coins in the current top 10 sets. We anticipate strong bidder participation when this attractive key date cross the auction block. Census: 55 in 64 (1 in 64+), 23 finer. CAC: 8 in 64, 5 finer (3/17).

HID02901242017
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