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    Description

    1877 Half Eagle, MS61 Prooflike
    Elusive Key Date

    1877 $5 MS61 Prooflike NGC. The 1877 is a well-known rarity in the half eagle series, primarily because of the extremely low mintage of 1,152 coins struck for circulation. Probably only 70 to 80 pieces are known today in all grades, the vast majority of which are not Uncirculated.
    Breen notes the importance of buying a genuine coin from the Philadelphia Mint: "Business strikes (1 obv., 2 revs. made) have centered date, rust pits on neck." He also noted "most are EF." Only 12 coins have been certified in Uncirculated grades, with another seven certified as Prooflike (three of which are less than MS60). These are obviously among the first coins off the dies, struck before the original prooflike sheen had a chance to diminish. This piece is sharply defined, except for softness on the eagle's neck, and the fields show a confirmed glimmer of reflectivity. Both obverse and reverse show even reddish-gold color with a few minor marks which account for the grade. Census: 2 in 61 Prooflike, 2 finer (4/11). (NGC ID# 25WZ, PCGS# 78342)

    Weight: 8.36 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    June, 2011
    2nd-5th Thursday-Sunday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 1,005

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