1866-S $5 No Motto XF45 NGC....

Description

Rare 1866-S Five Dollar, Ex: Pittman Collection

1866-S $5 No Motto XF45 NGC. Ex: Pittman. An issue that is seldom encountered at or above the XF level, the 1866-S No Motto is unknown in Mint State at either NGC or PCGS (1/05). This is a pleasingly sharp representative with light, evenly distributed wear and a not excessive number of distracting abrasions. Both sides present an original, orange-gold and khaki-gold sheen. A few grazes in the left reverse field above the olive branch should serve as useful pedigree markers. The San Francisco Mint used the same reverse die as the 1856-S to deliver 9,000 1866-S Half Eagles of the No Motto type.
Ex: John Jay Pittman Collection (Akers, 10/97), lot 1029, where it traded hands for $2,860. Pittman purchased the coin from Stack's for $450 on 7/6/1961.(#8300) (Registry values: P8)

Coin Index Numbers: (NGC ID# 25VY, PCGS# 8300, Greysheet# 9044)

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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