1865-S $5 MS62 PCGS....

Description

1865-S Five Dollar, MS62
Second Finest Example Known
A Major Rarity in Mint State

1865-S $5 MS62 PCGS. The San Francisco Mint struck 27,612 half eagles in 1865. The issue circulated on the West Coast, but attrition and war-era hoarding resulted in the loss of most of the production. Today, PCGS estimates that fewer than 100 pieces survive. The combined PCGS and NGC certified population of 148 pieces undoubtedly includes duplication.

Only seven coins are designated Mint State. Five are in MS61 NGC (a number that may include duplications as well), one is MS62 PCGS, and the last is MS64 PCGS (1/21). We have not handled an Uncirculated example of this issue since 2007, and we have never seen a coin graded finer than MS61. This piece represents an incredible opportunity for the advanced San Francisco gold collector. Honey-gold luster lightens to peach-yellow in the centers, while the outer peripheries deepen to amber-gold. Light abrasions define the grade, but the originality of the surfaces balances the eye appeal. Slight strike softness is only seen on the hair curls around Liberty's face and on the reverse fletchings. Population: 1 in 62, 1 finer (1/21).(Registry values: P7)

Coin Index Numbers: (NGC ID# 25VX, PCGS# 8299, Greysheet# 9043)

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.

View Certification Details from PCGS