1856 LIBERTY SEATED H10C, DRAPERY PR65
ESTIMATED ONLY 40-60 STRUCK. CAC.
NGC Graded Higher:
1856 saw one of the deadliest natural disasters in Louisiana history. The Great Storm of 1856 saw Last Island completely submerged and the destruction of all its structures, including hotels and casinos. All told, the storm claimed the lives of at least two hundred people and physically split Last Island in half. This 1856 half dime, minted in New Orleans, likely witnessed this costly event.
One of the most challenging Seated types to locate with a proof finish, the Arrows Half Dime series was produced in very limited numbers. For starters, this type lasted for just three years: 1853, 1854 and 1855. Additionally, and of even greater importance to today's collectors and investors, numismatic demand in the 1850s was anything but strong. As a result, the Mint produced limited quantities of proof Half Dimes in each of these three years, and it is likely that the entire type exists to an extent of fewer than 50 coins. With so few examples available, and an ever-increasing number of proof type collectors, it is no wonder that this short-lived type continues to perform very well in the numismatic market.