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Photo Denom Date Grade TPG Variety GFRC Rating Price Description Buy
Capped Bust 50C 1836 Capped Bust 50C 1836
Reeded Edge
AU55
PCGS
12164535

Choice SOLD
$6500
Transitional Design Date, Near Gem Original, Deep Aquamarine-Gold Patina, Exceptional Eye Appeal, Fairly Graded, Osprey Collection. 1836 brought the transition to steam power minting equipment in Philadelphia. The 1836 Reeded Edge half was first struck on November 8, 1936. The reported historical mintage of 1,200 has been a source of dispute among Bust Half Nut Club members for years. Their research, as referenced in Dick Graham's A Registry of Die Varieties for Reeded Edge half Dollar, suggests upwards of 25,000 piece may have been struck based on present day TPG population reports. PCGS has chosen to list the mintage at 5,000 in their price guide. Regardless of the mintage disputes, this offering is a near gem original struck at the close of 1836 with new steam pressed and closed collar equipment. In hand viewing reveals deep aquamarine patina with peripheral gold as seen in the GFRC images. Viewing with a light source exposes lustrous surfaces with the texture being between reflective and frosty. Mint frost surrounds the stars and reverse legend. Coloring shifts to mostly gold on the obverse and gray-gold on the reverse when swirling under bright light. Strike is essentially complete with only stars 9, 10 and 12 being a tad soft but still showing connect centrils. Reverse strike is complete. Fairly graded and housed in old blue label PCGS holder with standard ring insert and CAC approval. If in the market for a superior 1836 Reeded Edge half dollar, then your search may have ended here... December 1969