1929 $5 MS63 PCGS....

Description

Notable Select 1929 Half Eagle

1929 $5 MS63 PCGS. The absolute scarcity of the 1929 half eagle is hardly in dispute, and in circulated grades, the final classic five dollar gold issue commands the strongest premium of any Indian Head date for the denomination. The source of today's survivors, however, is something of a mystery. Both Akers (1979) and Garrett and Guth (2006) are oddly silent about the matter; Breen's Encyclopedia asserts that the coins come from multiple original rolls, though this is uncorroborated. The alternative of European repatriation seems unlikely, however, as the half eagle was rarely used in international trade.
Whatever the source of the few representatives available, they are eminently collectible and avidly pursued in the modern marketplace. This Select piece, sharply struck with yellow-gold centers, shows elements of orange at the margins. Light abrasions in the fields preclude a finer designation, but the coin displays beautifully. An important exemplar from the last half eagle issue meant for circulation.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 28E2, PCGS# 8533, Greysheet# 9316)

Weight: 8.36 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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