1847-O $5 --Improperly Cleaned--NCS. AU Details....

Description

Rare 1847-O Five Dollar, AU Details

1847-O $5 --Improperly Cleaned--NCS. AU Details. 1847 saw a then-record level of gold coinage. For example, Philadelphia and New Orleans each struck more eagles that year than the facilities had coined in all preceding years dating back to the re-launch of the ten dollar denomination in 1838. But New Orleans was apparently too busy striking eagles to bother with half eagle production, since only 12,000 such pieces were struck. Survivors have proven surprisingly rare, with a single Mint State example known. The present coin has little if any actual wear, but is glossy and lackluster from cleaning, and a minor dull scratch is noted near the beak.(Registry values: P8)

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

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.24188oz
Mintage: 12,000

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.