1862 $5 AU58 PCGS....

Description

1862 Half Eagle, AU58
Rare Any Finer

1862 $5 AU58 PCGS. Unsurprisingly for a coin of which only 4,430 business strikes were minted, this example of the 1862 half eagle shows much prooflike reflectivity on both sides. There are many minuscule abrasions, but none are distracting or easily visible without a loupe, save for a couple of ticks in the left obverse field and one in back of the eagle's neck. The surfaces display original orange-gold color, and the eye appeal is considerable. The Garrett-Guth gold Encyclopedia comments of this issue, "The date is rarer than most of the Charlotte and Dahlonega issues of the 1840s and 1850s. Only about two dozen 1862 half eagles have crossed the auction block in the last two decades. Mint State examples of the date are very rare and underrated ... " This coin represents an important opportunity for the specialist, as another piece of equal quality and eye appeal might take many years to surface. Population: 9 in 58 (2 in 58+), 4 finer (11/21).
Ex: Dallas Signature (Heritage, 10/2006), lot 2781; ANA Signature (Heritage, 8/2014), lot 3909.
From The Buxton Collection. (Registry values: P7)

Coin Index Numbers: (NGC ID# 25VP, PCGS# 8292, Greysheet# 8908)

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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