1847-O $5 AU53 PCGS....

Description

Notable 1847-O Half Eagle, AU53

1847-O $5 AU53 PCGS. As the least available No Motto New Orleans half eagle across all grades, the 1847-O has become a prime prize for the specialist in that Mint. The issue, which originally consisted of just 12,000 pieces, encountered heavy circulation and many examples were lost. In his 2006 Gold Coins of the New Orleans Mint, Doug Winter estimated that the surviving population amounted to just 40 to 50 pieces.
This representative shows luminous mustard-gold surfaces with subtle rose overtones. The overall appearance is surprisingly clean, though a shallow planchet flaw is noted next to star 2. This issue is normally found with a better-defined reverse, though the two sides show equally strong detail on the present piece. Considerable visual appeal for the grade assigned. Population: 7 in 53, 2 finer (11/07).(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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