1929 $5 MS65 PCGS....

Description

1929 Half Eagle, MS65
Key Issue, Ex: Jim O'Neal

1929 $5 MS65 PCGS. Ex: O'Neal. After a hiatus of 12 years without a single half eagle coined at any U.S. mint, the 1929 Indian five made an appearance with a substantial production of 662,000 coins. Then, following that emission, the half eagle denomination was eliminated entirely from U.S. federal coinage. Despite the seemingly significant mintage, the 1929 half eagle is the single rarest issue in the entire Indian Head series when all grades are considered, although in high grades it is more plentiful than many earlier issues. Several MS65 examples of the 1929 half eagle are known. PCGS and NGC have graded a combined 20 submissions as MS65, with a single example at NGC awarded the Star designation, and no numerically finer coins at either service (11/22).

A large percentage of the original mintage was never released and melted in the late 1930s, a fate similar to many of the final Saint-Gaudens double eagle issues. Surviving examples are mostly those coins that contemporary collectors purchased from the Mint or ordered through their local banks. Since many of those coins were preserved in collections through the years, typical survivors are in lower Mint State grades today. Only a few circulated pieces are known, perhaps from collections dismantled in favor of food for family members during the Great Depression.

The present coin was once a highlight of the famous Jim O'Neal Collection, a mark of distinction for any coin. Razor-sharp definition is evident on all design elements and the well-preserved surfaces show no mentionable distractions. Both sides have frosty yellow luster with lovely rose overtones. Population: 13 in 65, 0 finer (6/23).(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.

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