1863 $5 -- Plugged -- PCGS Genuine. AU Details....

Description

1863 Half Eagle, AU Sharpness
Only 30 to 40 Pieces Known

1863 $5 -- Plugged -- PCGS Genuine. AU Details. Gold coins did not circulate except in the West in 1863, replaced by Federal paper money. Philadelphia mintages of half eagles dropped precipitously after 1861, and would not recover until 1873. The 1863 five dollar production was just 2,442 pieces, and the few gold collectors of the era purchased proofs. Today, PCGS estimates a mere 30 to 40 survivors. NGC and PCGS combined have certified five coins as Mint State, mostly in MS60 or MS61 grades. The present coin is designated as AU Details by PCGS, but shows only a trace of high-point wear. Repairs are evident on the obverse dentils between stars 6 and 7. On the reverse, portions of FIVE are reengraved, along with nearby dentils. The olive-gold surfaces are hairlined.
From The Mr. Brightside Collection, Part II.

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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