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Lot
7801

1878 $5 MS64 PCGS. Frosty and brilliant. Most design features are boldly and deeply defined including the obverse stars, al...

2005 June Long Beach Signature Auction #376

 
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Auction Ended On: Jun 3, 2005
Item Activity: 4 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Rare MS64 1878 Half Eagle
1878 $5 MS64 PCGS. Frosty and brilliant. Most design features are boldly and deeply defined including the obverse stars, all of which show their radials. The eagle's plumage and claw details are also sharp. Despite a fairly generous mintage of 131,740 pieces, David Akers, a pioneer in the study of 19th-century gold rarities, writes that the 1878 is "moderately scarce in strictly Uncirculated condition" and that "Gems . . . are seldom seen." This testimony is borne out by the population data for the issue which shows that MS64 examples rank as important condition rarities. Population: 6 in 64, 5 finer (5/05).(#8345) (Registry values: P3) (NGC ID# 25X4, PCGS# 8345)

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