1840-O $5 Narrow Mill MS62 PCGS. Variety 3....

Description

1840-O Liberty Half Eagle, MS62
Only One Finer at PCGS
Ex: Eliasberg-Bass

1840-O $5 Narrow Mill MS62 PCGS. Variety 3. Ex: Eliasberg-Bass. The 1840-O Liberty half eagle claims a small mintage of 40,120 pieces, and few high-quality examples were saved by contemporary collectors, making the issue extremely rare in all Mint State grades. Only eight other pieces have been certified in MS62 and three finer at NGC and PCGS combined (2/20). This is a highly lustrous coin with rich orange-gold coloration. The striking details are unusually strong for the issue with none of the usually seen central striking weakness on the reverse. A small diagonal planchet crack is seen across the point of Liberty's chin, but there are no other prominent surface flaws on either side. The overall presentation is most attractive for this popular branch mint issue.

One of the most intriguing aspects of this coin is what cannot be immediately seen. The edge is a partial collar striking, or "railroad rim," error. Close examination through the edge of the PCGS encasement with a loupe shows that the obverse portion of the rim is plain, while the reverse shows milling. This error occurred when the collar only partially covered the planchet, and therefore partially reeded the edge. We expect intense competition from series specialists, error collectors, and Registry Set enthusiasts when this lot is called.
Ex: Eliasberg (Bowers and Ruddy, 10/82), lot 415; Bass III (Bowers and Merena, 5/00), lot 351; Central States Signature (Heritage, 5/2005), lot 8607, realized $25,300; ANA Signature (Heritage, 10/2012), lot 5861, realized $22,325.
Selections From The Wind River Collection. (Registry values: P6)

Coin Index Numbers: (NGC ID# 25SK, PCGS# 8200, Greysheet# 8960)

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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