1870 $5 AU58 NGC....

Description

1870 Half Eagle, Rare AU58
Underrated Philadelphia Issue

1870 $5 AU58 NGC. The scant mintage of just 4,000 coins was largely ignored by collectors of the day, who sought proofs in preference to business strikes. PCGS estimates survivorship of a mere 55 coins, a stunningly small number even when the low mintage is considered. Grading events tell the same story, with PCGS reporting just two Mint State coins while NGC lists no Uncirculated pieces. This near-Mint example is as close to Uncirculated as can be expected, with a sharp strike and partially lustrous, deep-gold color. Numerous small marks and abrasions dot the surfaces but no major contacts disrupt the appeal. Census: 9 in 58, 0 finer (6/16).(Registry values: P3)

Coin Index Numbers: (NGC ID# 25W9, PCGS# 8319, Greysheet# 8916)

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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