1848 $5 MS64 NGC....

Description

1848 Half Eagle, MS64
Just One Piece Numerically Finer

1848 $5 MS64 NGC. The mintage is deceiving for this rare, No Motto half eagle. Despite a substantial production of 260,775 pieces, few Mint State survivors remain. The Harry W. Bass, Jr. Collection had a mini-hoard of seven examples, including several Mint State pieces.

The present coin is sharply struck and just a notch below the top Bass example, yet it is still a formidable condition rarity and a lustrous, near-Gem representative. The fields are semireflective and show the angled planchet striations that are typical of high-grade examples of the issue. A bit of cloudiness near the stars and a few light marks confirm the assigned grade, as does some minor blending of the eagle's neck feathers. Certified in a former generation holder. This coin is tied with three others at NGC at MS64, surpassed only by a single MS65 piece. The finest at PCGS is MS63. Census: 4 in 64, 1 finer (2/15).
Ex: Edward Milas Collection (Stack's, 5/1995), lot 471.
From The New Orleans Collection.(Registry values: P5)

Coin Index Numbers: (NGC ID# 25TS, PCGS# 8236, Greysheet# 8894)

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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