LOT #4262 |
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1898-S $5 MS68 PCGS Secure. CAC....
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Sold on Jun 4, 2015 for:
$70,500.00
Bid Source: Internet bidder
Description
1898-S Half Eagle, Magnificent MS68
One of Four Examples Known
The Sole CAC-Endorsed Coin
1898-S $5 MS68 PCGS Secure. CAC. The 1898-S half eagle comes
from a production of nearly 1.4 million pieces. The PCGS/NGC
population, showing more than 1,150 submissions of the 1898-S,
indicates that this issue is available in most levels of
preservation, including circulated and mint condition through MS63.
Near-Gems are scarce, showing a population of 61 examples.
Higher-grade specimens are rare; specifically, the two services
report 17 Gems, four Premium Gems, one MS67, and four MS68
submissions, with none finer (5/15).The present offering is one of the four finest certified 1898-S five dollar gold pieces. It is significant that it is the only one of the four MS68s that is endorsed by CAC. Both sides radiate blazing mint luster from yellow-gold surfaces imbued with whispers of soft orange, yellowish-green, pink, and rose patination. All design features exhibit razor-sharp definition, and both surfaces are immaculately preserved, revealing no significant copper spots, toning streaks, die cracks, or planchet defects. We mention a few trivial, unobtrusive marks only to aid future catalogers and researchers who will wish to identify this gorgeous coin. These include a tick just to the left of Liberty's chin, a series of minute marks left of star 12, an apricot toning spot left of star 13, and a minuscule field mark between the I in AMERICA and the middle arrowhead. This unimprovable coin will serve as the centerpiece of a high-grade Liberty Head half eagle collection. The specialist in this field may have a once-in-a-lifetime opportunity to acquire this magnificent condition rarity. Population: 2 in 68, 0 finer (5/15).(Registry values: P2)
Coin Index Numbers: (NGC ID# 25YR, PCGS# 8397, Greysheet# 9098)
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.
Auction Info
2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach #1221 (go to Auction Home page)
Auction Dates
June, 2015
4th-7th
Thursday-Sunday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 1,818
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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