1915-S $5 MS64+ PCGS. CAC....

Description

1915-S Five Dollar, MS64+
CAC, Tied for Finest at PCGS
An Incredible Condition Rarity

1915-S $5 MS64+ PCGS. CAC. Ex: Simpson. In the context of the series, the 1915-S Indian half eagle is scarce in Mint State. The mintage of 164,000 pieces is low for the series, and as a San Francisco issue, this date saw more extensive circulation than coins from the Philadelphia Mint, with few pieces preserved for numismatic purposes.

The 1915-S becomes a major rarity in MS64, where PCGS and NGC combined report only 27 coins, including possible duplication. NGC lists a lone MS65 coin finer, while the finest PCGS coins are a pair of MS64+ examples. The Simpson coin is one of these -- a member of the Condition Census and an important Registry candidate.

We last handled a PCGS-certified near-Gem in our December 2015 Houston Signature, where an MS64 CAC coin realized $94,000. In 2012, the same coin realized $97,750. The Simpson MS64+ CAC specimen is technically finer. This piece is beautifully lustrous, with shimmering peach-gold and lilac-tinged fields that complement the sharpness of the recessed devices. Only the most minute signs of contact are visible. Third party graders have a tendency to be strict when it comes to grading conditionally rare coins where large swings in value accompany even minute grade changes, and this coin certainly copes with some of that strictness -- if it were a common-date coin, it would likely be considered for Gem classification. The fact that this 1915-S half eagle boasts both a Plus designation and CAC endorsement, coupled with the reality that no 1915-S has been designated a Gem at PCGS at all, the incredible quality of the Simpson coin is readily apparent. For the Registry collector, there is simply no better option for the 1915-S Indian half eagle. Population: 13 in 64 (2 in 64+), 0 finer. CAC: 4 in 64, 0 finer (1/21).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 25ZR, PCGS# 8531, Greysheet# 9330)

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 all of [Important Selections from The Bob R. Simpson Collection, Part V ]

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