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A Capped Bust Half--Struck In Platinum!

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Bedrock of the Community
DVCollector's Avatar
United States
10045 Posts
 Posted 07/30/2011  1:32 pm Show Profile   Bookmark this topic Add DVCollector to your friends list Get a Link to this Message Number of Subscribers
I wouldn't have believe this coin existed, until I saw/read about it. The scattered "backwards P" punches on the obverse just make it more interesting!

A-Capped-Bust-Half--Struck-In-Platinum!
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Hambone's Avatar
United States
609 Posts
 Posted 07/30/2011  1:45 pm  Show Profile   Bookmark this reply Add Hambone to your friends list Get a Link to this Reply
Very interesting. Now who would ruin a perfectly good coin stamping backward "P"s all over it
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 07/30/2011  2:17 pm  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
Maybe they forgot to stamp the C,O & Y for "COPY"


KK
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Bizybackson's Avatar
United States
1817 Posts
 Posted 07/30/2011  5:36 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Weird and trippy, I have never heard of this pattern much less read about it. Thanks for highlighting it, DVC... and increasing my numismatic knowledge!

Thought it was defaced by a young 'un back in the day having fun with a awl and a "P" punch, LOL.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 07/30/2011  5:44 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I remember NGC's press release about this coin when they graded it about a year or so ago


Edit: found an article from 2008 about it

Quote:
The Judd and Taxay Plate Coin 1814 Pattern Capped Bust half dollar. Judd-44, Pollock-48. Rarity-8. Regular die trials striking of the 1814 Capped Bust half dollar using the obverse and reverse dies of the Overton-107 variety. Struck in Platinum with a lettered edge. This is an extremely important pattern, and for several reasons. First, it is the only 19th century United States pattern type known to have been struck in platinum. Second, it enjoys widespread desirability due to the popularity of the regular-issue Capped Bust half dollar series. And finally, it is one of very few original United States patterns that have survived from the early years of the 19th century. We know that Judd-44 was actually struck in 1814 because the type was well known to Mint Director Colonel James Ross Snowden (term of office: June 1853-May 1861) and listed in his work A Description of Ancient and Modern Coins in the Cabinet of the United States. Snowden's description of the piece reads as follows: 1815 [sic]. A platina piece struck from the dies for the legal half dollar of that year. It was an experiment, platina being then a new metal... Further proof of this coin having been struck in 1814 is the use of both the obverse and reverse dies of the 1814 Overton-107 variety. Had the piece been struck in a later year, it is highly likely that dies from two different years would have been used from whatever stocks were still on hand at that time. We are aware of the existence of only three examples of the Judd-44 pattern Half Dollar, one of which is impounded in the Smithsonian Institution's National Numismatic Collection and, thus, is not obtainable for private ownership. Additionally, the third specimen is currently untraced.
A-Capped-Bust-Half--Struck-In-Platinum!




edit#2 I found it also sold at Bowers and Merena as part of the Russ Logan Collection at what looks like in 2002 for
$44,000 582 2316 1814 Capped Bust half dollar O-107, Pollock-48, Judd-44. Rarity-8. Platinum pattern. AU-50
http://rob.com/russ/collection/2316.html
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daviscfad's Avatar
United States
4541 Posts
 Posted 07/30/2011  6:11 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
wow!
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Bryan1315's Avatar
United States
14454 Posts
 Posted 07/30/2011  6:24 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I guess I would have known it sold in this 2002 auction at Bowers and Merena if I had actually read the Heritage description. Anyhow I found it by doing some digging but I am guessing the Heritage price they said it sold for was with Buyers Premium because B&M has it as sold for $44,000.00 instead of the Heritage's figure of $50,000.00. The Russ Logan collection was a very impressive collection of Capped Bust coinage. There are many coins that sold for over $10,000.00 back in 2002. This is a list of the coins that sold at the B&M auction from this collection and the prices realized in 2002 http://www.logan.com/russ/collection/
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United States
3184 Posts
 Posted 07/30/2011  6:47 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
Bet that coin would sell for more now
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VisigothKing's Avatar
United States
4778 Posts
 Posted 07/30/2011  7:17 pm  Show Profile   Bookmark this reply Add VisigothKing to your friends list Get a Link to this Reply
Never knew something like this existed! Thanks DVC. And thanks Brian for the article about it.
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stevex6's Avatar
3352 Posts
 Posted 07/30/2011  7:24 pm  Show Profile   Bookmark this reply Add stevex6 to your friends list Get a Link to this Reply
wow, imagine being the lucky guy that has an extra $50,000 - $100,000 just hangin' around waiting to be spent on a one-of-a-kind gem like this, eh?

I count my coppers when I'm thinking about what's for dinner!!
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Bryan1315's Avatar
United States
14454 Posts
 Posted 07/30/2011  8:03 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I wonder who engraved "platina" on the Reverse?
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rachums107's Avatar
United States
3345 Posts
 Posted 07/30/2011  8:53 pm  Show Profile   Bookmark this reply Add rachums107 to your friends list Get a Link to this Reply
Holy crap that is a cool coin. Struck in platnium too? it just gets better and better
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macmercury's Avatar
United States
5825 Posts
 Posted 07/30/2011  9:09 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
That's wicked cool!
12+ days to go before the auction end.
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DVCollector's Avatar
United States
10045 Posts
 Posted 07/30/2011  10:19 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
So...I wonder if someone at the mint stamped those backwards Ps?
It would be the sort of tool a mint might have for using on a die.
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bmanofnbc's Avatar
United States
1424 Posts
 Posted 07/31/2011  12:12 am  Show Profile   Bookmark this reply Add bmanofnbc to your friends list Get a Link to this Reply
it's a good thing there isn't a hole in my 7070 Dansco for this coin...I couldn't afford it!
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 07/31/2011  12:37 am  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
That is an interesting coin!
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