1859-C $5 AU58 NGC....

Description

Bright, Orange-Gold 1859-C Five Dollar, AU58

1859-C $5 AU58 NGC. Variety 1. Die State I. The mystery continues why the reverse of the 1859-C and 1860-C is so poorly detailed on the eagle when the rest of the coin is well defined. The most widely held theories have to do with improper annealing, and single hubbing. The 1859-C is a moderately scarce C-mint, sitting exactly midway in the series in terms of overall rarity. Of the 175-225 coins believed known in all grades, perhaps 35-44 pieces are extant in AU. This piece is generally well defined, except for the usual softness on the reverse. The surfaces are lightly marked, but there is a long diagonal planchet lamination in the upper reverse field that is immediately noticeable.(Registry values: P4)

Coin Index Numbers: (NGC ID# 25VC, PCGS# 8281, GSID# 9029)

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.24188oz
Mintage: 31,847

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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