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1818/7 HALF DOLLAR -

Variety nickname:
1818/7, Large First 8

PCGS No: 6115

Rarity: Very Common

Recent appearances:
PCGS MS-63.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 8362, illustrated, sold for $4,370.00

AU-50, Cleaned. Ex - Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 5556, "O-101a, Large 8", not plated, sold for $195.50

The Large 8 on the 1818 Overton 101 was the only use of that punch since 1815 (all of the 1817 dated Half Dollars feature a Small 8 and the Large 8's used from 1820 on are of a completely different shape and style).  Interestingly enough, the 8 punch used to create the overdate was the Small 8 punch used on all of the other half dollar varieties of 1818, raising the possibility that the Large 8 punch no longer existed in 1818 and that the 1817 die had actually been prepared as early as 1815!

The finest "1818/7 Large 8" example graded by PCGS is a single MS-65.

Sources and/or recommended reading:
"Early Half Dollar Die Varieties 1794-1836", Third Edition, by Al C. Overton

"The PCGS Population Report, April 2003" by The Professional Coin Grading Service