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Lot
5807

1859-S $5 AU58 NGC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 26, 2013
Item Activity: 4 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
High-Grade 1859-S Five Dollar, AU58
Seldom Found Finer
1859-S $5 AU58 NGC. An elusive mintmarked No Motto half eagle that was struck in a year when San Francisco gold production was concentrated on double eagles. Heavy circulation caused it to be even scarcer than its mintage of 13,220 pieces might indicate. This issue is seldom seen above VF, with Akers only recording the appearance of 10 XF coins over a 35-year period. Mint State pieces are virtually unknown. The surfaces are a copper-green in color and show few appreciable marks, with striking details that are typically defined for this issue. A pair of small abrasions cross to form an "X" in the left obverse field.
Ex: ANA Signature (Heritage, 7/2005), lot 7531.(Registry values: P8) (NGC ID# 25VE, PCGS# 8283)

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