1877-S LIBERTY SEATED 50C MS67+

TYPE 2 REVERSE. SOLE HIGHEST GRADED.
Grading Service: NGC
SKU: 124660
Cert Number: 3319137016
NGC Population: 1**
NGC Graded Higher: 0**
$18,950.00

In 1877, the celebrated inventor Thomas Edison announced his newest creation, the phonograph. The phonograph had the ability to capture sound and replay it back at any time. This 1877 half dollar recalls what is now considered Edison’s first great invention.

Congress intended the Mint Act of February 12, 1873 to serve as a general oevrhaul of the nation's coinage system.  Among its results were the demise of the Three-Cent Silver and the Half Dime and the introduction of the Trade Dollar in place of the standard Silver Dollar.  Effects in the Half Dollar series were less profound and confined to a slight weight increase from 12.44 grams to 12.50 grams.  This was apparently done to make United States coinage conform more closely to the metric system.

Once again, Mint officials felt that a special feature was needed to distinguish the new coinage from its lighter-weight predecessor.  Harkening back to the early 1850s, arrows were placed at the date beginning in February of 1873 and continuing through 1874.  Coinage of business strike Half Dollars of the Arrows, Motto type was accomplished primarily at the Philadelphia Mint, although the Carson City and San Francisco facilities also contributed limited mintages.

**Source: NGC Price Guide. Although we try to be as accurate as possible on the listed population, third party pricing and coin information, information constantly changes. We suggest you verify all information.