1929 $5 MS61 ANACS....

Description

Bright 1929 Five Dollar, MS61

1929 $5 MS61 ANACS. Breen surmises in his Complete Encyclopedia (1988) that most of the 1929 half eagles were melted during the Great Recall of 1934. It is estimated that less than half of one percent of the original mintage of 662,000 are extant. Why the 1929 quarter eagles did not meet with the same fate as their half eagle brethren remains a mystery to this day. Fortunately for collectors, at least four original rolls of 1929 fives were dispersed over the ensuing decades (Breen), thus accounting for a relatively reasonable number of available examples in Mint State grades. In any condition, however, this remains a scarce issue. As of (3/08), NGC has certified a diminutive total of 201 pieces in all grades. The next lowest total is 376 for the 1909-S issue. The unusually bright surfaces have only slight abrasions in general except for a long, curved mark on the upper reverse. Sharply struck.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 28E2, PCGS# 8533, GSID# 9316)

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.27oz
Mintage: 662,000

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.