1859-D $5 Medium D MS63 PCGS....

Description

High Grade 1859-D Half Eagle, MS63
Ex: Montgomery, Milas, Chestatee

1859-D $5 Medium D MS63 PCGS. Variety 36-CC. Easily one of the finest survivors known for this elusive late-date Dahlonega half eagle issue, listed in Doug Winter's Condition Census for the issue and previously part of the Chestatee Collection offered by Heritage in August 1999, which consisted of duplicates (!) from the incomparable Duke's Creek Collection. Considered the second finest known at that time. The two small abrasions below the truncation of the bust are unmistakable pedigree markers.
Rich orange-tinged yellow-gold luster shows slight granularity but is fine and pleasing nonetheless. Slight striking softness as usual on the central devices, though each side shows few marks for the grade. A great opportunity for the dedicated Dahlonega gold lover.
Ex: Arthur Montgomery Collection; Auction '84 (Stack's session, 8/1984), lot 1351; Ed Milas; Ed Milas Collection (Stack's, 5/1995), lot 516; Numisma '95 (Stack's/RARCOA/Akers, 11/1995), lot 1469; Chestatee Collection (Heritage, 8/1999), lot 7700.(Registry values: P3)

Coin Index Numbers: (NGC ID# 25VD, PCGS# 8282, GSID# 9030)

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.24188oz
Melt Value: $255.18
Gold Spot: $1,055/oz (10-23-2009)
Mintage: 10,366

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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