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    Description

    1929 Indian Half Eagle, MS65
    Famous Final-Year Key
    Tied for Finest at PCGS

    1929 $5 MS65 PCGS. There was little commercial demand for half eagles in the shrinking Depression Era economy of 1929, and no five dollar gold coins had been struck at any U.S. Mint since 1916. Despite the absence of requests for the denomination, the Philadelphia Mint struck a substantial mintage of 662,000 half eagles in 1929, the final year of half eagle production. Only a few high-quality examples were saved for numismatic purposes and almost all of the coins were held in government storage until the Gold Recall of 1933 took effect and subsequently melted. As a result. the final-year Pratt half eagle is also the singular key to the series, surpassed only by the 1909-O in high grades. The 1929 is a significant melt rarity with perhaps 500 to 700 pieces extant. David Akers once wrote that "the majority of Uncirculated specimens are quite heavily bagmarked, thereby falling into the MS-60 to 62 category. Choice BU examples, i.e. MS-63 quality pieces, are very rare and this issue is almost never seen above that level."

    This spectacular Gem is an exceptional specimen, with well-preserved peach-orange surfaces and scintillating mint frost on both sides Two small ticks near the chin are trivial, but serve as pedigree markers. Overall eye appeal is terrific. This coin is tied with 12 other examples for finest certified at PCGS, while NGC has graded seven coins in MS65 (one in 65★ ), with none finer (6/21). Once this lot has passed, it may be some time before a comparable example becomes available. The discerning collector or Registry Set enthusiast should bid accordingly.(Registry values: N7079)

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

    Weight: 8.36 grams

    Metal: 90% Gold, 10% Copper


    View Certification Details from PCGS

    Auction Info

    Auction Dates
    July, 2021
    13th-15th Tuesday-Thursday
    Bids + Registered Phone Bidders: 21
    Lot Tracking Activity: N/A
    Page Views: 1,150

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    We also followed the bidding online yesterday here in Salt Lake for the other 3 coins - great fun. Prices realized met or exceeded our expectations.
    Thomas M.,
    Salt Lake City, UT
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