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Lot
5134

1908-D $5 MS65 PCGS....

2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151

 
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Auction Ended On: Jan 6, 2011
Item Activity: 7 Internet/mail/phone bidders
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Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:
The Norweb 1908-D Half Eagle, MS65
1908-D $5 MS65 PCGS. From the famous Norweb Collection where the cataloger wrote: "believed to have been acquired by Albert Holden at the time of issue." A small number of higher grade 1908-D half eagles survive from the Virgil Brand Hoard, the source of nearly every Gem or near-Gem specimen. However, David Akers wrote in A Handbook of 20th-Century Gold Coins 1907-1933: "Most of the relatively few choice pieces around today are from that Brand hoard although the Norweb specimen was also a borderline gem."
The Norweb Gem has only a few scattered marks that limit the grade. Both sides have sharp design features with subdued rose-gold color. Two specific characteristics confirm the Norweb provenance. The obverse has a short vertical toning line from the front corner of the headband, ending just right of the base of L in LIBERTY. The reverse has a thin diagonal line in the field over the E in E PLURIBUS UNUM. Both features are clearly visible on the Norweb photo. Population: 10 in 65, 0 finer (11/10).
Ex: Norweb Collection (Bowers and Merena, 10/1987), lot 975, which realized $7,975; later, American Numismatic Rarities (1/2006), lot 1038, realizing $48,300; American Numismatic Rarities (3/2006), lot 1643, bringing $36,800.
From The Jim O'Neal Collection of $5 Indians.
(Registry values: N7079) (NGC ID# 28DF, PCGS# 8511)

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