Menu
Welcome Sign-In | Register
Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

Description

1878 Pattern Five Dollar, Judd-1574, PR63 Gilt

1878 $5 Five Dollar, Judd-1574, Pollock-1766, High R.6, PR63 Gilt NGC.
Design.
The William Barber Flowing Hair motif graces the obverse. Liberty faces left, wearing a headband eponymously inscribed. E PLURIBUS UNUM is above, the date 1878 below. The reverse offers an eagle with lowered wings in the center, with UNITED STATES OF AMERICA and E PLURIBUS UNUM around. The arrows are long and slender, their tips extending behind and past the eagle's wing, and the olive branch has six leaves. Struck in a larger diameter than regular half eagle issues, in copper, gilt, with a reeded edge.

Commentary.
The series of 1878 half eagles, Judd-1568A through 1574A, were struck on larger-diameter, thinner planchets in an effort to combat the plague of malefactors scooping out the center of a gold coin and replacing it with less-expensive metal. Mint Director Henry Linderman's 1878 Annual Report states:

"... the worst danger which threatens our gold coin, from counterfeiters, is the filling with an inferior metal or alloy. By this art the piece presents genuine exteriors, but the inner part removed, a disk of platinum, pure or alloyed, is inserted in its place and closed with a ribbed rim of gold. Its is therefore partly genuine and partly counterfeit, and its value reduced by several dollars, differing according to the denomination of the piece.

"The largest chance of spoilation of course occurs with the twenty-dollar pieces, but the pieces of ten and five dollars have also been filled. So far the mischief has been very limited, as it evidently requires first-class workmen, and is slow work; but pieces of this sort are, of all false issues, the most difficult to detect."

Physical Description.
Smooth, even gilding coats both sides of this pretty piece. A couple of minor areas of darker toning appear on the reverse in the arrows and the right wing, but there is plenty of appeal for the PR63 grade. NGC Census: NGC has certified six examples in all grades, including gilt and nongilt coins. Of the two gilt pieces at that service, this is the finest. PCGS Population: Six pieces total, none of which is noted as gilt (12/08).

Provenance.
Ex: Auction '89 (Stack's, 7/1989), lot 1865.
From The Lemus Collection, Queller Family Collection Part Two.
(NGC ID# 2AFX, PCGS# 61937)


View all of [The Lemus Collection, Queller Family Collection Part Two ]

Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
January, 2009
7th-11th Wednesday-Sunday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 643

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
Consign now
  • Cash Advances
  • More Bidders
  • Trusted Experts
  • Over 200,000 Satisfied Consignors Since 1976
Consign to the 2017 January 4 - 9 FUN US Coins Signature Auction - .

Learn about consigning with us

Very professional and pleasant to work with.
R.H. ,
Townsend, MA
View More Testimonials

HA.com receives more traffic than any other auction house website. (Source: Compete.com)

Video tutorial

Getting the most out of search

Recent auctions

2016 September 9 - 12 The Twelve Oaks Collection Signature Auction
2016 September 9 - 12 The Twelve Oaks Collection Signature Auction
REALIZED $8,572,049
2016 September 8 - 13 Long Beach Expo World Coins & Ancient Coins Signature Auction - Long Beach
2016 September 8 - 13 Long Beach Expo World Coins & Ancient Coins Signature Auction - Long Beach
REALIZED $4,500,427
2016 September 8 - 12 Long Beach Expo World Currency Signature Auction - Long Beach
2016 September 8 - 12 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,023,060

© 2016 Heritage Auctions | All Rights Reserved