Photo Denom Date Grade TPG Variety GFRC Rating Price Description Buy
Capped Bust 50C 1839O Capped Bust 50C 1839-O
Reeded Edge
AU53 NGC
6322918003
GR-1
Original $4000 Key New Orleans Date, Heavy GR-1 Die Cracks, Steely Fields, Sooner Collection. The New Orleans Mint launched its silver half dollar production with the 1839 Reeded Edge issue, which was coined in parallel with the new Liberty Seated design in Philadelphia. A limited mintage of 178,976 strikes, on new steam presses, circulated extensively in the deep south with few saved in Mint State. This leads to the AU survivors being at an "affordable" price point. The GR-1 example offers near terminal die state die cracks along with light steely gray surfaces accented by orange-gold at the peripheries. Fields are free of any abrasions under a 10x. Housed in new large font NGC holder with the Long Island Collection pedigree on the label.