1929 $5 MS63 PCGS....

Description

Famously Rare 1929 Half Eagle, MS63

1929 $5 MS63 PCGS. In 1929, there was likely not a single numismatist who believed that the Indian half eagle of that date would one day become an important rarity. After all, the mintage of 662,000 pieces ensured that there would be more than enough to meet the limited demand from gold collectors. So much for conventional wisdom. Most of the mintage never left Treasury vaults and was eventually melted into bullion bars to back the official international value of 35 dollars per ounce of gold. While certain half eagle issues have returned in quantity to America, the 1929 remains the key date of the Indian series. The present Select example has interspersed jade-green and orange toning. The strike is good, and evaluation beneath a lens reveals only insignificant marks. Housed in an old green label holder.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 28E2, PCGS# 8533, GSID# 9316)

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.24188oz
Mintage: 662,000

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