1847 Liberty Seated Half Dollar. Proof-63 (NGC).

1847 Liberty Seated Half Dollar. Proof-63 (NGC).A beautiful Choice example of a rare and seldom encountered early Proof half dollar issue. Both sides are fully struck, as befits the method of manufacture, with razor sharp definition to even the most intricate design elements. The otherwise untoned obverse exhibits blushes of vivid cobalt blue, reddish-russet and golden-orange iridescence around the periphery, the colors boldest and most extensive along the upper left border. For the reverse we note even more intense cobalt blue peripheral toning around a reddish-gold center. Universally brilliant in finish with strong eye appeal that on its own would easily support a higher grade. As with all Proof half dollars of its era, the 1847 is a highly regarded rarity in numismatic circles. Proof mintages during the 1840s were extremely limited and achieved either for official presentation purposes or for distribution to a few contemporary numismatists with an interest in such coinage. The exact number of coins produced is unknown since the Mint did not record yearly Proof mintages prior to the late 1850s. Although combined PCGS and NGC population data for the Proof 1847 half dollar reveals 17 grading events for this issue, resubmissions are likely with most numismatic scholars accepting an estimate of only 10 to 12 coins extant. A rare offering in todays market that deserves the utmost in attention from advanced collectors.NGC Census: 3; 5 finer (Proof-66 finest).From David Lawrences sale of the Richmond Collection, Part III, March 2005, lot 1791; Heritages Dallas ANA Signature Auction of October 2012, lot 4401.