1837 $5 Large Date, Block 8, MS64 PCGS Secure. Breen-6512, McCloskey 2-B, R.2....

Description

1837 Classic Five, McCloskey 2-B
Well-Defined Near-Mint Example

1837 $5 Large Date, Block 8, MS64 PCGS Secure. Breen-6512, McCloskey 2-B, R.2. A richly frosted, softly lustrous Classic Head half eagle that displays pinpoint definition throughout the smooth, nearly mark-free surfaces. Only a few insignificant luster grazes are noticed on the obverse, and the only mentionable distraction on the reverse is a wispy, vertical scratch through the eagle's beak. The 1837 is quite scarce in Choice Mint State and definitively rare any finer. While the issue used to bring little or no premium over the more-available issues that precede it, recent Mint State appearances have put an end to that trend.

In their Encyclopedia of U.S. Gold Coins, Jeff Garrett and Ron Guth explained: "Despite a seemingly high mintage, this is actually a semi-scarce date, with a raw rarity on par with that of the 1838-D. Examples up to About Uncirculated are relatively easy to find, but Mint State examples are decidedly rare." The last MS64 example we offered was more than nine years ago. Housed in a PCGS Secure holder. Population: 9 in 64 (1 in 64+), 4 finer (10/17).
Selections from The McCoy Family Collection of U.S. Early Gold. (Registry values: P1)

Coin Index Numbers: (NGC ID# 25RZ, PCGS# 8175, Greysheet# 8866)

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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