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SERIES: Capped Bust Half Dollars 1807-1839
LEVEL: Year, MintMark, & Major Variety

1817/4 50C (Regular Strike)

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PCGS AU53

OVERDATE DETAIL

PCGS VF35
PCGS #:
6112
Diameter:
32.50 millimeters
Designer:
John Reich
Weight:
13.50 grams
Edge:
Lettered: FIFTY CENTS OR HALF A DOLLAR
Mintage:
Unknown
Metal Content:
89.2% Silver, 10.8% Copper
Auction Record:
$356,500 • PCGS AU50 • 7-1-2009 • Stack's
Go To Grade
  • 6
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  • 53
 
6
100,000
1
6
8
120,000
1
8
10
140,000
10
12
170,000
12
15
180,000
1
15
25
220,000
25
30
245,000
30
35
280,000
1
35
40
310,000
40
45
340,000
45
53
425,000
1
53
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 10 R-9.5 1 / 72 1 / 78
60 or Better 0 R-10.1 1 / 72 1 / 78
65 or Better 0 R-10.1 1 / 72 1 / 78
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 AU53 PCGS grade

First described by E.T. Wallis (California Stamp Company of Los Angeles), in the 10/1930 edition of The Numismatist and on the back cover of his second auction catalog (2/14/1930) - Pratt Collection - “rediscovered” by Al Overton in 1951 - Overton 1/1953:200, unsold, then sold privately later in the year for $1,500 - Louis E. Eliasberg Sr. Collection - Bowers & Merena 4/1997:1735, $209,000 - Donald Kagin & Andrew Lustig, sold privately in 6/1997 for a reported $250,000+ - Dr. Juan XII Suros - Superior Galleries 2/1999:180, $184,000 - Jay Parrino & Don Kagin - Bowers & Merena 7/2003:1443, unsold - Richmond Collection - David Lawrence 11/2004:1388, $333,500 - Stack’s 10/2006:1031, $310,500 - Stack’s 7/2009:542, $356,500 - Charles Link Complete Variety Set (PCGS Set Registry) - subsequently graded PCGS AU53 25359636

2 VF35 PCGS grade

Pictured on the cover of the 1990 edition of Overton's Early Half Dollar Die Varieties, 1794-1836, and the second known at the time

Oakland, California coin dealer, sold privately in 1962 - Al Overton, sold privately - Empire Coin Company (Q. David Bowers and James Ruddy), sold privately in 1962 - Hazen B. Hinman Collection, sold privately - Paramount 5/1965:1112 (bought in?) - Bowers & Ruddy's Rare Coin Review, 1973-1975, sold privately in 1975 - Gloria Meyer, purchased as a gift for her husband's collection - Charlton E. "Swampy" Meyer, Jr. Collection - Mrs. Gloria Meyer, sold privately in 9/2006 - Sheridan Downey, sold privately in 4/2008 - D. Brent Pogue Collection

3 XF details, corroded  

Discovered in 2005 by contractor George Williams in a pile of fill dirt - Heritage 1/2006:3184, $253,000 - Joseph C. Thomas Collection - Heritage 4/2009:2418, $109,250

4 VF20 PCGS grade
5 F15 estimated grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 AU53 PCGS grade

First described by E.T. Wallis (California Stamp Company of Los Angeles), in the 10/1930 edition of The Numismatist and on the back cover of his second auction catalog (2/14/1930) - Pratt Collection - “rediscovered” by Al Overton in 1951 - Overton 1/1953:200, unsold, then sold privately later in the year for $1,500 - Louis E. Eliasberg Sr. Collection - Bowers & Merena 4/1997:1735, $209,000 - Donald Kagin & Andrew Lustig, sold privately in 6/1997 for a reported $250,000+ - Dr. Juan XII Suros - Superior Galleries 2/1999:180, $184,000 - Jay Parrino & Don Kagin - Bowers & Merena 7/2003:1443, unsold - Richmond Collection - David Lawrence 11/2004:1388, $333,500 - Stack’s 10/2006:1031, $310,500 - Stack’s 7/2009:542, $356,500 - Charles Link Complete Variety Set (PCGS Set Registry) - subsequently graded PCGS AU53 25359636

2 VF35 PCGS grade

Pictured on the cover of the 1990 edition of Overton's Early Half Dollar Die Varieties, 1794-1836, and the second known at the time

Oakland, California coin dealer, sold privately in 1962 - Al Overton, sold privately - Empire Coin Company (Q. David Bowers and James Ruddy), sold privately in 1962 - Hazen B. Hinman Collection, sold privately - Paramount 5/1965:1112 (bought in?) - Bowers & Ruddy's Rare Coin Review, 1973-1975, sold privately in 1975 - Gloria Meyer, purchased as a gift for her husband's collection - Charlton E. "Swampy" Meyer, Jr. Collection - Mrs. Gloria Meyer, sold privately in 9/2006 - Sheridan Downey, sold privately in 4/2008 - D. Brent Pogue Collection

3 XF details, corroded  

Discovered in 2005 by contractor George Williams in a pile of fill dirt - Heritage 1/2006:3184, $253,000 - Joseph C. Thomas Collection - Heritage 4/2009:2418, $109,250

4 VF20 PCGS grade
5 F15 estimated grade  
5 F15 PCGS grade  
7 F12 estimated grade

VF details, tooled at date

Discovered unattributed in late 2013 or early 2014 - Stack’s/Bowers 8/2014

7 F12 estimated grade  
9 VG8 PCGS grade
10 G6 PCGS grade

Ron Guth: The 1817/4 Overdate Half Dollar is the most famous and valuable of all the Capped Bust Half Dollars.  Only ten examples are known of this variety, several of which have been discovered within the past decade.  Most of the known examples are of the Overton 102a variety, which means they show a somewhat vertical die crack on the obverse.  This crack, and the eventual removal or destruction of the die, is believed to be the cause of this variety's exceptional rarity. 

The finest example is the PCGS AU53 from the Eliasberg Collection (and, coincidentally, the first example of the variety discovered by E.T. Wallis circa 1930).  Wallis' asking price of $2,500 in 1934 pales in comparison to the $356,500 it realized in its last auction appearance in 2009!

For anyone who thinks that all of the great coins have been found, it is important to realize that four of the eleven known 1817/4 Half Dollars have been discovered since 2005, and that the most recent find was in late 2013 or early 2014, when an example was purchased as a Punctuated Date 1817!