1929 $5 MS63 PCGS....

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Select 1929 Indian Half Eagle
Scarce Last Date of Denomination

1929 $5 MS63 PCGS. The 1929 Indian half eagle is an challenging date, much scarcer than the original mintage of 662,000 pieces would indicate. Most of the mintage was held in Treasury vaults and melted after the Gold Recall of 1933. The elusive nature of the issue was recognized at an early date, as evidenced by the following description from the Frederic W. Geiss Collection (B. Max Mehl, 2/1947), lot 1799:

"1929 U.S. $5.00 Gold. Last year in which Half-Eagles were minted. Of greatest rarity. While this Half-Eagle was always considered a scarce item, it was only until just three or four years ago when its real rarity was realized. Mr. Geiss purchased this coin of me in 1943 for $150.00, when this coin was then listed in the Standard Catalog at $25.00. In March of 1944 a specimen appeared at auction where its estimated value was given as $75.00, but it brought no less than $225.00. In December of the same year, 1944, another specimen appeared at auction and it brought $375.00, and the last specimen which appeared at auction was in January of 1946, where a similar specimen brought no less than $475.00 ... I bespeak for this coin a great future in value."

The 1929 remains a scarce date in all Mint State grades, and is prized by series enthusiasts today. The present coin is a pleasing Select specimen, with sharp striking details throughout. The surfaces are attractive orange-gold, with hints of rose. Mint luster is strong and eye appeal is outstanding. A few shallow abrasions on both sides account for the grade.(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.

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