1847 $5 MS64 NGC....

Description

Dynamic 1847 Half Eagle, MS64

1847 $5 MS64 NGC. For a currently unexplained reason, more ounces of gold were converted to coin in 1847 than in any other year before the California gold discoveries. Nearly 1 million half eagles were coined in Philadelphia in 1847, including this piece that has few peers. Despite the high mintage, the average grade of surviving examples hovers near the AU55 grade level. The present example has stunning, reflective luster with bold design elements and rich lemon-yellow surfaces. A few tiny marks prevent a higher grade, but this piece ranks as one of the finest survivors known. Census: 9 in 64, 0 finer (9/09).(Registry values: P5)

Coin Index Numbers: (NGC ID# 25TL, PCGS# 8231, Greysheet# 8893)

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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