1837 Capped Bust Half Dollar. Reeded Edge. 50 CENTS. GR-19. Rarity-3.

1837 Capped Bust Half Dollar. Reeded Edge. 50 CENTS. GR-19. Rarity-3. AU-58 (ICG). Pale golden peripheries frame largely brilliant centers on this middle to late die state example of GR-19. Graham notes that GR-19 can be difficult to identify, as neither side develops die cracks. In Mint State and higher circulated grades, the reverse is more readily attributed by a die line extending upward from the right corner of the shield, easily seen once one knows where to look. A small die line and lump within the third olive leaf from the top provide additional confirmation of the reverse die. This reverse was subsequently paired with a different obverse to produce GR-20, whose prominent dot behind Liberty's head near star 12 and recut 7 readily distinguish it from GR-19. The GR-19 obverse die appears fatigued from the outset, resulting in the characteristically mushy dentils and orange-peel texture seen here. Koenings assigned the variety a Rarity-3+ rating in his 2024 census. Jim Koenings Commentary: Although rated R-3+ on 12-15-24, the apparent rarity of this die marriage is influenced by the difficulty of attributing examples below EF-40, as the diagnostics wear away quickly. The vast majority of the examples in my records of sales are AU Details or better. At times, GR-19 is found with stretched obverse stars. More study is needed. Provenance: From the Jim Koenings Collection. PCGS# 6176. NGC ID: 24G4.

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