1871-CC $5 AU55 NGC. Variety 1-A....

Description

1871-CC Five Dollar, AU55
Old West Memento

1871-CC $5 AU55 NGC. Variety 1-A. This early Carson City issue is scarce in all grades and most often seen in well-worn condition. In their gold coin Encyclopedia, Garrett and Guth write: "There were few if any coin collectors in the West during the 1870s and the survival of any of these coins is strictly an accident." Carson City gold coinage in 1871 would have circulated primarily in the mining region of the Nevada Territory around Carson City and Virginia City, where silver and gold coins were about as hard-used and poorly kept as the miners and frontiersman who carried them in their pockets and saddle bags. The banking system had a steady cash flow, virtually eliminating the possibility of any 1871-CC half eagles being spared from circulation in bank vaults. Today, this issue is nearly unknown in Mint condition, and even AU coins are genuine rarities.

The present Choice AU representative offers unusually smooth and lustrous fields for the issue, along with bold design elements that sport a brush of wear. Medium yellow-gold surfaces deliver pleasing visual appeal. Census: 8 in 55, 8 finer (10/16).
From The Soluna Collection.(Registry values: P3)

Coin Index Numbers: (NGC ID# 25WD, PCGS# 8323, Greysheet# 9051)

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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