1868-S $5 MS62 PCGS. CAC....

Description

1868-S Half Eagle, MS62
The Single Finest Example Known
CAC Endorsed

1868-S $5 MS62 PCGS. CAC. The San Francisco half eagle issues from the 1860s are, in a word, scarce. The 1868-S had a mintage of 52,000 pieces, the highest half eagle production total since the outbreak of the Civil War in 1861, but attrition took its toll on survivors. Almost all known examples are in various circulated grades, primarily XF and lower; AU representatives are rare, and Mint State coins are seen so seldom that the offering of such a coin at auction is a marquee event. This original example is the finest of only four Mint State coins at PCGS (11/24). The soft orange-gold surfaces yield smooth, softly frosted luster, with fewer abrasions than are expected for the grade. The strike is soft on the eagle's neck and the hair curls around Liberty's face, but this is of little concern in comparison to this coin's status as one of the finest 1868-S fives known. Population: 1 in 62, 0 finer. CAC: 1 in 62, 0 finer (11/24).
Ex: Long Beach Signature (Heritage, 6/2015), lot 4258.(Registry values: P3)
From The Drumwright Family Collection.

Coin Index Numbers: (NGC ID# 25W6, PCGS# 8316, Greysheet# 9047)

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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