1837 Capped Bust Half Dollar. Reeded Edge. 50 CENTS. GR-7. Rarity-2.

1837 Capped Bust Half Dollar. Reeded Edge. 50 CENTS. GR-7. Rarity-2. AU-53 (PCGS). Nearly fully brilliant apart from a few areas of colorful peripheral toning, most notably on the obverse. This well-struck example was produced from dies in an advanced state, as evidenced by a crack extending from the rim to the tip of the bust on the obverse and weak dentils on the reverse. More interesting, however, are two distinctive features of the reverse: the die is rotated approximately 45 degrees counterclockwise, and the C of AMERICA was created by punching an inverted G into the die. The latter feature has made this variety of interest to collectors beyond specialists in the series, as it is the only such occurrence among the Reeded Edge half dollars. Graham assigned the variety a Rarity-2 rating in 2012, while Koenings assigned it Rarity-3 in his 2024 census. Jim Koenings Commentary: Although Graham rated 1837 GR-7 as R-2 (501 to 1,000 known), my Newsletter #44 (12-15-22) rated it R-3 (201 to 500 known), a rating retained in Newsletter #64 (12-15-24). This die marriage comes with significant reverse rotation and is unknown with normal coin alignment. It is known as the "Inverted G" variety. Provenance: From the Jim Koenings Collection. PCGS# 6176. NGC ID: 24G4. Click here for certification details from PCGS.

Estimate:£0.75

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