1861 $5 MS65 ★ NGC. CAC....

Description

Exemplary 1861 No Motto Half Eagle, MS65 ★

1861 $5 MS65 ★ NGC. CAC. Primarily yellow-gold surfaces offer vibrant luster and occasional glimpses of orange near the rims. Bold detail on the portrait extends to the individual strands of Liberty's hair and the veins of some feathers on the eagle. A light graze appears to the left of Liberty's chin but is minor in context, and the coin offers overwhelming appeal. With its NGC [Star] designation, this piece is noted for its excellent eye appeal and quality, one of the finest of those few certified as MS65.
The 1861 half eagle carries a reputation as the most plentiful issue of the type, a status earned through its mintage of 688,084 coins, highest of the No Motto series. Despite its reputation, the 1861 half eagle is surprisingly elusive in better Mint State grades. Garrett and Guth note it "is considered common, but there are still fewer than two dozen examples known at the gem level." In fact, NGC and PCGS combined have graded just 15 Gem submissions, and only three finer. Such high-end pieces can be astonishingly beautiful, and the present piece stands tall among them. Truly a coin for the connoisseur. Census: 2 in 65 ★ , 2 finer (6/09).
Ex: Heritage (2/2005), lot 7831; Heritage (1/2008), lot 3193; Heritage (5/2008), lot 3266.
From The Wisconsin Gold Type Set Collection.(Registry values: P3)

Coin Index Numbers: (NGC ID# 25VK, PCGS# 8288, Greysheet# 8907)

Weight: 8.36 grams

Metal: 90% Gold, 10% Copper

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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