1872 $5 AU53 PCGS....

Description

Low Mintage 1872 Five Dollar AU53

1872 $5 AU53 PCGS. Gold coins were hoarded on the East Coast during the 1870s, driven from circulation by unbacked Federal paper money. There was no compelling need for 1872 half eagle production, but a token emission of 1,660 business pieces was struck, likely to prevent the 30 proofs from becoming instant rarities. This moderately prooflike example has only slight wear, and the surfaces are smooth save for a thin mark near star 3. Population: 9 in 53, 9 finer (6/08).(Registry values: P3)

Coin Index Numbers: (NGC ID# 25WF, PCGS# 8325, GSID# 8918)

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.24188oz
Mintage: 1,660

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.

View Certification Details from PCGS