2019-11-14 Thu

A very uncommon half-dollar coin from 1838, presently esteemed at as much as $500,000, is set available to be purchased for this present week.

The 1838-O Capped Bust half dollar is one of just nine that are known to exist, as indicated by sales management firm Stack's Bowers Galleries. Close to 20 coins were made of the principal issue of half dollars from the then recently opened New Orleans Mint.

This specific mint was built up to create coins of a few unique divisions at the time yet its fundamental center was the 50-penny piece, which was expected to change over the progression of uneven quality Latin American silver coins into an adequate amount of new United States coins fit for banking and business.

Nonetheless, specialized issues and the spread of yellow fever in the region constrained creation of the coin for that year and not many were struck therefore. Presently, the 1838-O half dollar is one of the most looked for after mint pieces by gatherers and lovers the same because of its irregularity and this specific example is probably the best model accessible.

The uncommon half dollar has been off the market since the 1980s. It will be sold at the Whitman Baltimore Winter Expo at the Baltimore Convention Center on Nov. 15.

Image courtesy: US Post