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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 ]

    View Certification Details from NGC

    Auction Info

    Auction Dates
    April, 2015
    22nd-26th Wednesday-Sunday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 972

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

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