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1856 $5 MS65 NGC. CAC....
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1856 Half Eagle, Frosty MS65
Conditionally Rare, None Certified Finer
1856 $5 MS65 NGC. CAC. The Philadelphia had the highest
mintage of all five half eagle issues struck in 1856 (197,990
coins), and therefore its rarity in Mint State is often overlooked.
Even the patient collector will be hard-pressed to locate a
pleasing example in MS63 or finer condition, and a Gem example will
prove exceedingly rare. The present MS65 piece will be a
satisfactory reward for the patient collector, showcasing thick,
frosty luster beneath warm honey-gold patina. The peripheral stars
are sharp and the central motifs are well-defined. Close
examination with a loupe fails to reveal any detracting abrasions,
and we instead note just a few faint breaks in the luster in the
obverse fields that limit the grade on this truly eye-appealing
Gem. This coin, the Milas example, is described in Garrett and
Guth's Encyclopedia of U.S. Gold Coins as "the finest
example seen by the authors." NGC and PCGS combined list only five
examples in MS65 (four at NGC and one at PCGS), with none
numerically finer (2/15). Housed in a prior generation holder.Ex: Edward Milas Collection (Stack's, 5/1995), lot 500.
From The New Orleans Collection.(Registry values: P5)
Coin Index Numbers: (NGC ID# 25UV, PCGS# 8266)
Weight: 8.36 grams
Metal: 90% Gold, 10% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
View all of [The New Orleans Collection ]
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