1060

1857-D $5 MS61 PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1857-D $5 MS61 PCGS.
1857-D $5 MS61 PCGS. Medium mintmark. Variety 34-CC. (per Doug Winter's second edition and revised attribution system). This date is found with a medium mintmark and large mintmark reverse. It appears that the latter is considerably scarcer.RARITY INFORMATION: The 1857-D is among the rarest of the late date Dahlonega half eagles. There are 120-130 examples known with around two dozen of these in AU and another five or six in Uncirculated. The finest known is the Duke's Creek/Bass coin, which is graded MS63 by PCGS. There are three separate pieces graded MS62 by PCGS as of November 2003 and two that we are aware of that have been graded MS61 by PCGS.STRIKE: The 1857-D half eagle is not generally a well struck coin although it tends to be better detailed than the 1856-D. The Green Pond coin is very well struck for the issue. The obverse has a sharp center including uncommonly good detail on the curls around the face. The centers of a number of the stars are flat at the centers and Liberty's bun is not completely brought up. The reverse is very sharp with no weakness noted on the feathers or the denticles.SURFACES: Except for some light hairlines, the surfaces are very clean for the grade. There appear to be no deep or detracting abrasions. Some removable haziness is present on both sides.LUSTER: The luster is frosty and somewhat subdued from the depth of the coloration that is present.COLORATION: Deep, dusky orange-gold color covers the obverse and the reverse. If this were removed, it is possible that the eye appeal of this coin would improve significantly.EYE APPEAL: This is a well struck, clean, and lustrous coin whose eye appeal is somewhat compromised by its deep coloration. As stated above, this piece appears to have great potential if given a bit of TLC by its new owner.COMPARABLES: In our January 2002 FUN Auction we sold an NGC MS62 as lot 8140 for $12,650. In our January 2003 Ashland City Collection Sale, we offered a PCGS MS62 as lot 4798 and it realized $14,950.PEDIGREE: Obtained via private treaty from Robert Hughes in 1999. Earlier Ex: Steve Contursi; North Georgia Collection/1999 FUN (Heritage, 1/99), lot 7711, where it brought $10,638. This is the plate coin in the second edition of the Winter book on Dahlonega gold and it is listed in the current Condition Census as tied for fifth finest known with a few other coins. Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.