1857 LIBERTY SEATED H10C PR66
ESTIMATED 40-60 STRUCK. ONLY 2 COINS GRADED HIGHER.
NGC Graded Higher:
1857 witnessed the first major chess tournament to be held in the United States. The tournament, held in New York City, was titled American Chess Congress and won in its first year by an American named Paul Morphy. This 1857 half dime recalls the first international recognition of an American player that would go on to earn the title of greatest chess master of the era.
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.