Medium Letters Reverse aka Reverse of 1838. One of the more unusual varieties in U. S. Numismatics, a “mule” from the Big Easy. Struck at New Orleans from a Liberty Seated Obverse die, with a re-used 1839 Capped Bust Reverse die, in an apparent effort at “economy”. Problem was, the 1839 Bust Halves had the Mintmark on the Obverse, not the Reverse, so no Mintmark to tell the source. Long thought to be a product of Philadelphia, modern variety research determined that this was in fact struck at New Orleans. PCGS CoinFacts estimates as few as 400 survive, although that might shoot a bit low. However, the current PCGS Pop shows only 126 total circulated coins, 9 in Unc; NGC has a total of 55 circ coins, 8 in Unc, so certainly not common. 24 combined PCGS/NGC in the grade, only 4 at CAC. WB-4 variety, identified by Bill Bugert as the first use of the old 1839 die, with extensive die cracks - the Mint later repolished the die to keep it in service, creating a different later die state variety (WB-12). This certainly seems solid enough for the grade, with obvious signs of remaining luster around the rims, and signs of the inevitable old cleaning. Nothing serious, just as expected for most 1840’s Halves. I don’t see any reason for CAC to have a problem with this coin. Please note that due to value this will require Registered Mail shipping (slower delivery time); please take this into account prior to considering a purchase. As for price, forget the ridiculous supposed value listed on this site for the variety in this grade, which is about HALF of the current Wholesale value - this is priced in the real world. If anyone has any questions, you can contact me directly.
|Shipping / Handling Cost||Cost For Each Additional Item||Service|
|$24.95||$0.00||USPS First Class Mail (2 to 3 business days)|
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