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Lot
9707

1929 $5 MS63 PCGS. Unlike the similarly dated Quarter ...

2004 May (CSNS) Signature Sale #346

 
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Auction Ended On: May 7, 2004
Item Activity: 7 Internet/mail/phone bidders Number of Bidders
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Description:
Select Quality 1929 Indian Half Eagle
1929 $5 MS63 PCGS. Unlike the similarly dated Quarter Eagle, the 1929 Half Eagle did not see widespread circulation prior to the passage of the Gold Recall Act (April 5, 1933). As a result, most examples were melted by the federal government. Survivors typically grade Mint State, and these pieces were undoubtedly obtained directly from the Philadelphia Mint. A Select specimen, the surfaces are alive with frosty, orange-gold luster. The strike is free of criticism, and the surfaces were quite well preserved with a few typical abrasions associated with the assigned grade. Destined for inclusion in an advanced Indian Half Eagle collection.
From the Virgil Farstad Collection. (#8533) (Registry values: N4719) (NGC ID# 2800, PCGS# 8533)

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