Price: 6,050.00 - SOLD - 1/16/2013* Free Shipping and Insurance for coins at $10K or above.
1844-O Half Eagle - 1844-O $5 NGC MS61. This Mint State 1844-O Half Eagle has a fairly strong strike for a pre-Civil War Southern branch mint coin and bright mint luster remaining in protected areas. There are full details on the centers of the stars, the hair over Libertys ear, and the area to the lower left of the shield. As expected for an Uncirculated piece, there is no wear; and the surfaces are original and clean for the grade with no individual abrasion marks worthy of description. The vertical mark through the top of the reverse is on the holder not the coin.
When Mint Engraver William Kneass was unable to resume his duties after a debilitating stroke, Christian Gobrecht was asked to do his work, which included making a new half eagle that would be uniform with the eagle. The Liberty Head half eagle with no motto was minted from 1839 to 1866.
Gobrechts design shows a left facing profile of Liberty wearing a LIBERTY inscribed coronet. Her hair is tied in the back and there are two loose curls that hang down her neck. Around the head are thirteen six-pointed stars, and the date is below the truncation. At the periphery of the coin are dentils. The coin also has a reeded edge. The reverse shows a heraldic eagle similar to the one on the Classic Head eagle. The inscription UNITED STATES OF AMERICA surrounds the eagle, except for its wing tips, in an arc. The denomination is below, separated with dots, and written as FIVE D.
The New Orleans Mint was authorized in 1835 by President Andrew Jackson, hero of the battle of New Orleans. The bill that Jackson signed also authorized the mints at Charlotte and Dahlonega. William Strickland, a Philadelphia architect designed all three branch mint buildings. The New Orleans Mint building was made in the solid, bulky Greek Revival style of architecture. It was the largest of the three branch mints and located at major port of entry. Unfortunately Strickland did not account for the soft ground around the site. Because of it, the building had to undergo numerous repairs throughout its history. Authorized to produce gold and silver, the New Orleans Mint struck quarter eagles and dimes in 1839.
It operated from 1838 to 1909. In that time period 427 million silver and gold coins with the O mintmark were coined. By the mid 1850s denominations made in New Orleans included three-cent silver pieces, half-dimes, dimes, quarters, half dollars, silver dollars, gold dollars, quarter eagles, three-dollar pieces, half eagles, eagles, and double eagles. The first deposit was of Mexican dollars which amounted to more than 32,400 dollars. The first coins struck were Liberty Seated dimes. Each year between the beginning of August and the end of November, the mint closed because of the annual outbreak of yellow fever.
According to its population report, NGC has certified 16 1844-O half eagles in MS61, and there are 29 better. At CAC there is this single coin approved with a green sticker and only 4 higher.
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