1929-S 50C MS (PCGS# 6590)

LB Signature Sale #384 Vol I

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    3426
  • Grade:
    MS67
  • Price:
    $13,225.00
Lot Description
1929-S 50C MS67 NGC. An eye-popping coin which earned this stellar grade for the splendid surfaces and radiant luster. Totally white in color and virtually as fresh as the day it was coined. The surfaces are a delight to study, for a loupe reveals no significant fault, just a scattered tick or two from perfection. Even the strike is sharper than most, with Liberty's thumb outlined over her hip. Identifiable by two tiny nicks in the right obverse field above G of GOD. A significant opportunity for the specialist of this series. As 1929 unfolded, the world economy fell apart. Interest rates climbed and the days of easy credit were over for the American people. Jobs were starting to become scarce, but most workers were still employed as 1929 drew to a close. No one knew how bad things were about to become for the next several years. It is obvious that this coin was set aside and somehow survived the vicissitudes that swept the worlds economies during these years. No doubt most coin collections were spent for food money as workers struggled to stay employed as the 1930s churned on. This is one of the finest survivors from the entire issue, and a classic piece of American history that has been carefully preserved to this day. Population: 4 in 67, 0 finer (8/05).
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