1835 Half Cent, Uncirculated Details, Sears Hoard Coin?

1835 Half Cent, Uncirculated Details, Sears Hoard Coin?

249.00

Cohen-2. A nice sharp example, but showing a few very minor problems from storage. There is some minor staining on the Reverse, as well as what appears to be a grease spot struck into the Obverse at 3:00 (between Star #11 and the rim). Some minor marks here and there, signs of having been stored in a loose group of coins. Almost certainly to have been part of the Elmer Sears hoard of this date that emerged during the Depression, which consisted of several hundred to a thousand Uncirculated specimens, mostly spotted Red Uncs. Well distributed into the hobby through the 1940's and 1950's, selling for as little as 25 Cents each (!!), most survivors have faded to Brown by now. This coin has nice glossy surfaces with some hints of bricky red and much luster showing. This is Breen 2 (Gilbert 1), Die State VI, showing the characteristic and distinctive die cracks on the Reverse, plus multiple clash marks on both sides (the clashing of the dies causing the dies to crack). Due to the minor "problems", if certified this would likely grade AU-58 as a "Net" grade, however I recently submitted an 1830's Half Cent to NGC that was effectively equivalent that came back MS-62, so it depends on how they see the coin on the day in question (plus the phase of the moon, whether the grader had a hangover, etc., etc.). My price should be reasonable either way you happen to look at it, as it is priced BELOW the equivalent of an AU-58 value.

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