1847-O $5 AU53 NGC....

Description

1847-O Half Eagle, AU53
Rarest New Orleans Five

1847-O $5 AU53 NGC. From a tiny mintage of just 12,000 pieces, the 1847-O is the rarest half eagle from the New Orleans Mint, both in terms of absolute and high-grade rarity. Probably no more than 40-50 examples survive today in all grades and the issue is certainly rare at the AU53 level. Still, the elusive nature of the 1847-O is not widely recognized outside of series specialists.

The present coin displays well-detailed design elements with just a touch of wear on the high points. The bright greenish-gold surfaces show highlights of rose and traces of prooflike reflectivity cling to the devices. The surfaces are lightly abraded for the grade. Census: 5 in 53, 14 finer (8/13).(Registry values: P8)

Coin Index Numbers: (NGC ID# 25TR, PCGS# 8235, Greysheet# 8987)

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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