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Lot
6290

1899-S $5 MS69 NGC. Ex: Eliasberg. Like many of the late ...

2004 June Long Beach Signature Sale #349

 
Sold for: Not Sold
Auction Ended On: Jun 3, 2004
Item Activity: 3 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Fabulous Eliasberg Pedigreed 1899-S Half Eagle, NGC MS69
1899-S $5 MS69 NGC. Ex: Eliasberg. Like many of the late nineteenth and early twentieth century coins from the famed Eliasberg Collection, this piece was obtained at face value by John H. Clapp directly from the San Francisco mint. It is perhaps the most pristine example of the type that this cataloger has ever seen, and is certainly the finest example of the date that we have ever seen or handled. It is the finest certified by either service (the only close competition is a PCGS MS68, with no other examples graded by either service above MS66), and is among the finest known specimens for the type. The surfaces display intense luster with a reflective quality that is highly unusual for the issue, indicating that this piece was indeed a "special" coin set aside for an important collector. The strike is impeccable, sharp enough that it compares to many proofs of the era in this respect. A long, hard look at the surfaces under magnification does reveal a couple (literally, only a couple) of tiny, nearly insignificant abrasions--but then MS70 is supposed to be only a theoretical grade of perfection, right? One tiny toning spot just in front of Liberty's upper lip is mentioned for accuracy, and provides an easy pedigree marker for this important numismatic treasure. A stunning coin that is equal in importance alongside the other denominations of this year and mint also offered in this sale, and is certainly the most important 1899-S half eagle that we have ever had the pleasure to offer. Population: 1 in 69, 0 finer (4/04). (#8399) (NGC ID# 25YT, PCGS# 8399)

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