1922 50C Grant Star MS (PCGS# 9307)
The August 2010 Boston Rarities Sale
Auctioneer: Bowers & Merena
Lot Number: 647
View the Original Auction
1922 Grant Memorial. Star. MS-67 (PCGS). CAC. Secure Holder. The Congressional act that authorized the Mint to strike Half Dollars to support the projects of the Ulysses S. Grant Centenary Memorial Commission stipulated that no more than 250,000 Half Dollars could be produced. In the event, however, the Mint limited its striking of this denomination to 100,000 pieces, with an extra 61 coins prepared for assay purposes. The vast majority of the coins struck do not display a star in the right-obverse field, and the mintage of the w/star examples is limited to just 5,000 pieces (plus six for assay). The significance of the star is unknown apart from the Centennial Commission's desire to have a small number of examples display a distinguishing feature, probably to help promote sales to the contemporary public.<br /> The net mintage after melting for the 1922 Grant w/Star Half Dollar is only 4,256 pieces--one of the lowest in the classic Commemoratives series and limited enough to establish this issue as key-date coin in all grades. As a rule, coins of this type were not well handled over the years; many survivors are circulated, others are impaired due to cleaning and even most Mint State examples are limited in grade due to subdued luster and/or excessive surface abrasions. Superb Gems such as the present example are of the utmost rarity and desirability.<br /> Indeed, this coin is the finest Grant w/Star Half Dollar ever to pass through this cataloger's hands. The surfaces are exceptionally well preserved and retain vibrant, satiny mint bloom in the absence of even trivial detractions. Dusted with delicate pinkish-silver iridescence, this is an exquisite example that belongs in the finest Commemorative set.<br /> This piece is the plate coin for the type on the website pcgscoinfacts.com.