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Lot
5139

1909-S $5 MS66 PCGS. CAC....

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

 
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Auction Ended On: Jan 6, 2011
Item Activity: 5 Internet/mail/phone bidders
1,440 page views
Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:

Impressive 1909-S Half Eagle, MS66
Probably the Third Finest Known Example
1909-S $5 MS66 PCGS. CAC. The 1909-S is a difficult San Francisco half eagle in any Uncirculated grade, even more scarce than its S-mint predecessor despite a mintage that is larger by over 200,000 pieces. The population of Choice Mint State or better specimens thins out even more dramatically and only rarely does a survivor at the MS64 grade level become available. Michael Fuljenz explains:

"The 1909-S is extremely hard to find in Uncirculated, especially in grades higher than MS62. It is rare in MS63, very rare in MS64 and extremely rare in MS65 or higher."


With that in mind, the probability of a Premium Gem 1909-S coming up for sale becomes even more remote.
The O'Neal Collection coin has pristine surfaces, with lovely satin luster beneath a thin veil of reddish patina that attests to its originality. The strike is bold with a sharp mintmark, clearly from the same mintmark punch used for the 1908-S reverse die, and also the same punch used for the popular 1909-S VDB cent.
The three finest PCGS-certified examples are the MS67 Virgil Brand coin, more recently in the Dr. Duckor Collection that David Akers sold in 1990; this MS66 specimen from the O'Neal Collection; and another MS66 example offered in the Superior sale of January 2004. The present offering is the first MS66 or finer PCGS coin offered in seven years. Its importance to the specialist is of the highest order. Population: 2 in 66, 1 finer (11/10).
Ex: 2002 FUN Sale (Heritage, 1/2002), lot 8195.
From The Jim O'Neal Collection of $5 Indians.
(Registry values: N10218) (NGC ID# 25ZL, PCGS# 8516)

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