1871 $5 AU55 PCGS....

Description

Scarce, Low Mintage 1871 Five Dollar, AU55

1871 $5 AU55 PCGS. Double eagles were the preferred denomination for gold reserves and export, and gold coins did not generally circulate (except in the far West) in the 1870s. Hence, the 1871 half eagle had a small mintage of 3,200 pieces. Numismatists of the day ignored the issue, and those few who collected gold probably purchased one of the 30 proofs produced. The combination of low mintage and collector indifference resulted in a significant rarity. This nicely struck piece displays light apricot toning and considerable radiant luster. A short pinscratch beneath the beak provides a reference for future auction appearances. Population: 9 in 55, 10 finer (1/08).(Registry values: P3)

Coin Index Numbers: (NGC ID# 25WC, PCGS# 8322, Greysheet# 8917)

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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