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1857-C $5 MS62 PCGS....

2010 January Orlando, FL FUN US Coin Auction #1136

 
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Auction Ended On: Jan 7, 2010
Item Activity: 6 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
1857-C Liberty Head Half Eagle, MS62
Only Three Coins Certified Finer
1857-C $5 MS62 PCGS. Variety 1. A total of 31,360 Liberty Head half eagles was produced at the Charlotte Mint in 1857, not a large mintage in the context of the series, but substantial. The issue is among the more available dates today, causing Doug Winter to theorize that a small hoard may have existed at one time. Experts estimate a surviving population of 225-275 pieces in all grades. The 1857-C is scarce at AU levels, and Mint State coins are rare. Winter believes 10-12 coins survive in Uncirculated grades. Currently, NGC has certified seven examples in MS62, with two finer; while PCGS has graded only five specimens in MS62, with a single coin finer (11/09).
The present coin is a delightful specimen, with semiprooflike fields and bright yellow-gold color. Fully struck in most areas, with some slight weakness on the eagle's neck. Identifiable by a tiny, copper-colored void above the notch in the eagle's right (facing) wing.(Registry values: P3) (NGC ID# 25V3, PCGS# 8272)

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