LOT #3503 |
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1854-D $5 Large D MS64 NGC. Variety 31-X....
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Sold on Aug 11, 2010 for:
$34,500.00
Bid Source: Live: Floor bidder
Description
Rare, Sharply Struck 1854-D Half Eagle
MS64, Within the Condition Census
1854-D $5 Large D MS64 NGC. Variety 31-X. Branch mint gold
guru Douglas Winter writes in Gold Coins of the Dahlonega
Mint that the 1854-D half eagle comes in two distinct and
dissimilar appearances:"The majority are flatly struck at the borders and have an almost sunken appearance. This is the result of the centers being so much sharper than the border. Many have nearly complete hair detail with just a touch of weakness on the curls near the face of Liberty. The stars are mostly sharp while the denticles are blurry and indistinct. The reverse shows the same appearance with strong detail on the feathers of the eagle and the claws but weakness on the denticles. Some are known which are stronger at the border and which show less pronounced beveling of the rims. These pieces are quite rare." (Emphasis ours.)
This wonderful piece is an example that shows both a good strike at the borders as well as in the centers of each side. All of the denticles are well articulated on both sides, and there is little beveling in evidence. A bit of strike softness shows on the fletchings and the hair just below ER, but overall the strike is marvelous for the issue. The surfaces are peach-gold and remarkably unabraded for a D-mint gold piece, and the luster is equally marvelous and radiant.
The 1854-D, with a mintage of 56,143 pieces, is one of the more available D-mint half eagles, especially in higher grades, but it is much rarer in Mint State than the frequently seen 1853-D. The highest-graded examples Heritage has ever offered are a couple of MS65 coins. This piece appears to fit well within the Condition Census, just below the top rung. It would make a wonderful branch mint type coin, among other potential uses. Census: 1 in 64, 1 finer (7/10).(Registry values: P2)
Coin Index Numbers: (NGC ID# 25UK, PCGS# 8258, GSID# 9008)
Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.24188oz
Mintage: 56,413
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.
Auction Info
2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143 (go to Auction Home page)
Auction Dates
August, 2010
11th-15th
Wednesday-Sunday
Bids + Registered Phone Bidders: 6
Lot Tracking Activity: N/A
Page Views: 930
Buyer's Premium per Lot:
15% of the successful bid per lot.
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