1878-CC $5 AU55 NGC....

Description

Condition Census 1878-CC Five Dollar Gold, AU55 NGC

1878-CC $5 AU55 NGC. The mintage for the 1878-CC Half Eagle is only 9,054 pieces, but this only begins to explain its rarity in high grades. Gold coins circulated extensively in the west, where paper money was regarded as suspect. Although a handful of eastern and midwestern numismatists collected gold coins by date, this was generally limited to the Philadelphia Mint proofs. Even silver coins were not widely collected by mintmark until nearly a generation later. Thus, the survival of a Choice Almost Uncirculated 1878-CC is merely a matter of chance. In fact, NGC has only certified one piece in Mint State.
A crisply struck example, the eagle's neck and fletchings are not completely brought up, but offer pleasing detail nonetheless. There are no contact marks that distract from the eye appeal of the partially remaining semi-prooflike luster. The present Condition Census quality example is worthy of the best specialized holding of Carson City gold coins. Population: 2 in 55, 5 finer (9/04). Also, PCGS has certified only three examples as AU55 with two finer.(#8346) (Registry values: P3)

Coin Index Numbers: (NGC ID# 25X5, PCGS# 8346, Greysheet# 9066)

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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