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

1823 50C Patched 3 (Regular Strike)

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PCGS MS65+

1823 Date Comparison

PCGS MS65
PCGS #:
6133
Diameter:
32.50 millimeters
Designer:
John Reich
Weight:
13.50 grams
Edge:
Lettered: FIFTY CENTS OR HALF A DOLLAR
Mintage:
1,694,200
Metal Content:
89.2% Silver, 10.8% Copper
Auction Record:
$40,250 • NGC MS66 • 4-1-2009 • Heritage
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Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 600 R-5.8 12 / 72 TIE 13 / 78 TIE
60 or Better 30 R-8.9 22 / 72 TIE 23 / 78 TIE
65 or Better 1 R-10.0 1 / 72 TIE 1 / 78 TIE
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS65+ PCGS grade

Superior 3/2001:280 - Bowers & Merena 7/2003:1470, $17,250 - Stuart Levine - D. Brent Pogue Collection - Stack's/Bowers & Sotheby's 2/2016:3048, $19,975 - Dr. Charles Link Collection

2 MS65 PCGS grade

Louis E. Eliasberg, Sr. Collection - Bowers & Merena 4/1997:1792, $9,900 - Phil Kaufman Collection - Joseph C. Thomas Collection - Heritage 4/2009:2430, $40,250 - Larry Hanks - D. Brent Pogue Collection - Stack's/Bowers & Sotheby's 2/2016:3049, $28,200

2 MS65 PCGS grade

“Coins That Look Gem” Collection

2 MS65 PCGS grade  
2 MS65 estimated grade  

Virginia Cabinet - Heritage 4/2015:5078, $29,375

Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS65+ PCGS grade

Superior 3/2001:280 - Bowers & Merena 7/2003:1470, $17,250 - Stuart Levine - D. Brent Pogue Collection - Stack's/Bowers & Sotheby's 2/2016:3048, $19,975 - Dr. Charles Link Collection

2 MS65 PCGS grade

Louis E. Eliasberg, Sr. Collection - Bowers & Merena 4/1997:1792, $9,900 - Phil Kaufman Collection - Joseph C. Thomas Collection - Heritage 4/2009:2430, $40,250 - Larry Hanks - D. Brent Pogue Collection - Stack's/Bowers & Sotheby's 2/2016:3049, $28,200

2 MS65 PCGS grade

“Coins That Look Gem” Collection

2 MS65 PCGS grade  
2 MS65 estimated grade  

Virginia Cabinet - Heritage 4/2015:5078, $29,375

6 MS64 PCGS grade

Dale Friend Collection

6 MS64 PCGS grade

“Earlyhalves” Collection (PCGS Set Registry)

6 MS64 PCGS grade  
6 MS64 PCGS grade  
6 MS64 PCGS grade  

Ron Guth: The so-called "Patched 3" is one of the more interestaing varieties among Capped Bust Half Dollars.  The variety is actually a die state of Overton 101, which started out as a fairly normal 3, although the top and the bottom halves of the 3 are barely connected.  After a certain number of the 1823 O-101 Half Dollars were struck, an engraver took the obverse die and attempted to repair the 3, though the fix came out worse in appearance than the original.  The 1823
Patched 3" is known as Overton 101a and, though it is a late state of O-101, it is collected as a completely different variety (this is akin to the 1807 O-111b "Bearded Goddess, which is also a late state of the O-111 dies).

The "Patched 3" Half Dollar is a common variety and can be found in high grade.  At least two dozen Mint State examples are known, with the best topping out at MS66.