1840 (O) 50C Reverse of 1838 Seated Liberty Half Dollar, A date without a home.
A hard to come by issue, the 1840 Medium Letters Seated Liberty Half was struck at the New Orleans Mint without a mint mark , using an old open claws reverse die intended & possibly used for 1839 O Capped Bust Reeded Edge Half Dollar.
The John Reich obverse & reverse designed dies & of the Capped Bust Half had been sent to New Orleans in 1839 . The only mint marked Capped Bust halves had the “O” mint mark on the obverses of the coins. One of the reverse dies in New Orleans was saved for use in 1840.Back then the government was a bit more cost conscious with the tax payers money & did not like to waste perfectly good dies.The old-style reverse die was paired with the newly designed but 2nd year Seated Liberty obverses. What came of this new pairing was a new obverse that carried the mint marks on the reverse; but an older reverse die that put the mint marks on the obverse. Thus flip flopping where the mint marks should have been. The result is referred to as the type III, 1840 (O) with no mint mark. The noticeable difference is not that it doesn’t have a mint mark since the coins minted in Philadelphia that didnt have a mint mark . But by the size of the Eagle & letters on the reverse.Another way to identify this type is by the reverse having multiple die breaks that are always seen on this type & the open claws of the eagle. This unique year has halves with the reverse of coinage like that of 1838 & is usually referred to as the reverse of 1838 even though the coins came from 1839 dated dies. One of my favorite varieties & always a joy to come across.
If you ever come across this variety give us a call or if you live in and around the Toledo , Ohio area stop by & see us. We here at Bedford Coin would love to take a look at it for you & give you an appraised value. We buy & sell Gold ,Silver ,Scrap Jewelry, Rare Coins & Currency. Stop by our web store & see our new offerings on Silver Bullion & 90% “junk” coinage. We are open Monday through Friday 9 am to 6 pm & on Saturday from 10 am to 1 pm. If you need a special appointment give us a call at 1-734-863-1005 . We are located just over the Michigan border in Temperance ,MI at 7400 Lewis Ave. In Bedford Square. We look forward to serving you.
If you would like to learn more contatct you local Toledo Coin Dealer or visit Wikipedia here-