1795/1795 50C Recut Date, 3 Leaves MS (PCGS# 6053)

The August 2011 Chicago ANA World's Fair of Money Auction

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Lot Description
Here indeed is a great American classic, with an error die on the obverse and a rare special configuration of three leaves (instead of the usual two) on the reverse below the eagle's wings. For many years this has been a &ldquo;must have&rdquo; variety for&nbsp;the early half dollar specialist.<br /> &nbsp;&nbsp;&nbsp;&nbsp;The example offered&nbsp;here is medium lilac-gray in tone with deeper highlights in the protected areas. Nicely presented for the grade with none of the heavy marks that can occur after a lengthy stay in circulation. In fact, this piece holds up well to magnified scrutiny, yielding nothing more than some scattered ticks for the effort. Overton-111 offers a &ldquo;triple treat&rdquo; for collectors. By way of expansion: first, the obverse features a boldly repunched date with the first set of numerals low and nearly in the dentils, and the second set repunched immediately above in a more central area. Second, this variety also represents the only appearance of the Three Leaves reverse die. Finally, a heavy reverse die crack runs from the rim at 10 o'clock diagonally downward to the eagle&rsquo;s tail and probably accounts for the scarcity of the variety -- it is also an easy diagnostic. This unusual crack is bi-planar in nature, somewhat like a shelf, with the surface to one side of the crack lower than on the other side. Only four examples of the variety have been graded finer than the present specimen by PCGS. All told, an attractive coin and a scarce variety with a story to tell.<br /> <br /> <strong>Numismatic Reflections by Q. David Bowers<br /> </strong>This is one of my favorite early half dollar die varieties. The trouble is that they are so elusive that a long time typically passes between auction appearances. The present coin is in an ideal grade for this particular variety and will attract a lot of attention. Certainly it would be a conversation piece in your cabinet if you are the winner.
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