LOT #30329 |
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1872-CC $5 AU58 NGC....
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Sold on Mar 20, 2014 for:
$28,200.00
Bid Source: Live: Floor bidder
Description
1872-CC Five Dollar Gold, AU58
Condition Census Example
1872-CC $5 AU58 NGC. The low mintage of just 16,980 pieces
quickly entered Old West commerce, with few examples of the issue
escaping lengthy service in the hard-money hungry cities, towns,
and outposts along the way. No Mint State 1872-CC half eagles are
known, and near-Mint examples are nearly extinct as well. The last
one we offered in AU58 condition was in 2006. Auction archives show
just seven appearances of the grade in the past 10 years, the most
recent in an August, 2012 Stacks-Bowers auction.PCGS and NGC each has certified three AU58 examples, for a total of six at the top of the census for the issue (2/14). It is estimated no more than 100 representatives of this Carson City rarity survive in any condition. This brilliantly lustrous example must rank high among the finest, since only the most minor abrasions appear on its surfaces. The strike is diagnostic of the issue (soft at the centers) but it is reasonably bold in all areas except Liberty's curls and the eagle's head. Gleaming yellow-gold surfaces are consistent on both sides of the coin. A rare offering of a very rare Carson City five.
From the Collection of Donald E. Bently, sold for the benefit of the Bently Foundation.(Registry values: P3)
Coin Index Numbers: (NGC ID# 25WG, PCGS# 8326, Greysheet# 9053)
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.
Auction Info
2014 March 20 The Collection of Donald E. Bently - Bently Foundation US Coins Signature Auction - San Francisco #1205 (go to Auction Home page)
Auction Dates
March, 2014
20th
Thursday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 742
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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