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ANA Signature US Coin Sale 1258  2-6 Aug 2017
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Lot 3962

Starting price: 1 USD
Price realized: 21 000 USD
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Early Half Dollars
1794 50C O-101a, T-7, High R.3, VF35 NGC. CAC. Star 1 pierces the lower hair curl. On the reverse, a die crack runs through the F in OF and another extends inward from the rim between the D S in UNITED STATES. Overton-101 (and its late die state variant, O-101a) is the usual variety encountered when one locates a 1794 Flowing Hair half dollar. However, the present coin is in uncommon condition. The 1794 halves circulated extensively. It is unlikely that more than a handful of coins were initially set aside for numismatic purposes. The majority of the surviving population resides in VF or lower grades, suggesting that there was a point at which the 1794 became an object of numismatic desire and coins began to be plucked from circulation. Examples are rare any finer than VF.
This Choice VF coin is the top of the ladder for what most enthusiasts can hope to acquire. There are a few faint adjustment marks along the lower obverse border, but the coin has otherwise undisturbed surfaces with old-time olive-gray and russet patina. A visible eye on the eagle is representative of the relatively little wear the coin has. Additional sharpness is seen in the eagle's wing and Liberty's hair curls. Census: 18 in 35, 42 finer (6/17).
From The Terry Brand Estate, Part III

HID02901242017
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