LOT #3774 |
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1929 $5 MS65 PCGS....
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Sold on Feb 24, 2021 for:
$87,000.00
Bid Source: HA.com/Live bidder
Description
1929 Half Eagle, MS65
Incredibly Rare So Fine
Among the Highest-Graded Examples
1929 $5 MS65 PCGS. The 1929 Indian half eagle's fame as a
melt rarity and final-year issue drives ever-sustained collector
demand for examples. Since the issue never circulated to a
meaningful extent, most known examples are Mint State. Nonetheless,
most are lightly or moderately abraded, and the finest pieces
typically seen at auction grade MS64. In Gem condition, the 1929
half eagle is a magnificent rarity. PCGS lists only 12 submissions
in this grade, plus seven at NGC (one of the latter being Star
designated). It is possible that some duplications and crossovers
are represented in these figures, since MS65 examples of this issue
appear at auction with much less frequency than one would expect.
Since our Permanent Auction Archives began in 1993, we have
previously handled only four different examples of this issue in
MS65, including two NGC coins and two PCGS examples. Those four
coins made a combined 10 appearances in our auctions. Most
recently, the Childs-Simpson PCGS coin changed hands in our
September 2020 offering of Important Selections from the Bob R.
Simpson Collection, Part I, for $102,000. Prior to that, the next
most recent offering of a Gem in our auctions was back in 2011.This piece is visually stunning for the issue. Each side displays luminous satin luster that yields warm prairie-gold coloration with wisps of yellow and orange throughout. Faint lines and a few marks in the fields are not out of line for the grade, and the eye appeal of this piece is simply outstanding. All major design elements are boldly brought up. Population: 12 in 65, 0 finer (1/21).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 28E2, PCGS# 8533, Greysheet# 9316)
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.
Auction Info
2021 February 23 - 25 US Coins Signature Auction #1327 (go to Auction Home page)
Auction Dates
February, 2021
23rd-25th
Tuesday-Thursday
Bids + Registered Phone Bidders: 26
Lot Tracking Activity: N/A
Page Views: 943
Buyer's Premium per Lot:
20% of the successful bid per lot.
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