1838 Pattern 50C Judd-81 Restrike, Pollock-88, R.7-, Proof 64 Brown NGC
Lot 2101
1838 Pattern 50C Judd-81 Restrike, Pollock-88, R.7-, Proof 64 Brown NGC
Sold for US$ 14,040 inc. premium

Lot Details
J-81 1838 50C PF64BN
1838 Pattern 50C Judd-81 Restrike, Pollock-88, R.7-, Proof 64 Brown NGC
The obverse features a Seated Liberty design by Christian Gobrecht without drapery, surrounded by 13 stars, and the date, 1838 below the base. LIBERTY has incuse letters. The reverse displays an eagle flying left, holding six arrows in its left claw, and an olive branch in its hidden right claw. UNITED STATES OF AMERICA surrounds the border with HALF DOL. at the lower border. Struck in copper with a reeded edge. Evidence of an incomplete strike is noted at the centers, with some minor surface roughness and a few hairlines. The fields are well mirrored, with a crescent of steel-blue and violet on the obverse that accompanies pronounced olive-green coloration. The reverse is similar with somewhat brighter green-gold at the center.

It is thought that six to eight examples of this variety are known in copper, and they were produced in the late 1860s or early 1870s. The first known auction appearance was in the 1875 Cogan sale of the Colonel Cohen Collection. Today, three of those known are in museums--the Smithsonian Institution, the Connecticut State Library, and the Western Heritage Museum--reducing the available population for collectors. A comment at USPatterns.com suggests that the reverse die was actually a creation of the restrike period: "...To my knowledge, no originals were ever made using this reverse die. In fact, I believe that this die was actually finished many years later either in the late 1860s or early 1870s." NGC Census: 1 in Proof 64 Brown, 1 finer (PR66 Brown) -- PCGS Population: A single coin in PR64 Brown. (PCGS 11336)
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