1839 $5 MS63 PCGS....
Condition Rarity 1839 Select Five Dollar1839 $5 MS63 PCGS. Beginning in 1839, the half eagle was changed from the Classic Head design type to what is varyingly called the Coronet, Braided Hair, or Liberty Head type, designed by Christian Gobrecht. Jeff Garrett and Ron Guth, in their Encyclopedia of U.S. gold Coins, 1795-1933, indicate that the 1839 typically comes in Very Fine or Extremely Fine. The date is scarce in About Uncirculated and quite rare in Mint State. Indeed, a perusal of PCGS/NGC population figures shows about 50 coins certified as Mint State, mostly MS60 through MS62. Only eight pieces are rated MS63, and nine MS64, with none finer.
The MS63 specimen in this lot displays dazzling luster emanating from yellow-gold surfaces tinted with hints of light tan. The strike is impressive, bringing about strong definition on all but the centers of the first two stars. A few inoffensive contact marks are scattered about that limit the grade, but the surfaces are nevertheless quite pleasing. Population: 4 in 63, 1 finer (11/07).(Registry values: P5) (NGC ID# 25S7, PCGS# 8191)
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