SOLD
55,000.00USDto floor+ buyer's premium
This item SOLD at 2008 Jan 10 @ 23:33UTC-05:00 : EST/CDT
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<B>1858 $5 MS66 <img src="/images/star.gif" width="10" height="10" alt="" border="0"> NGC.</B></I> In the 20-year span from 1858 to 1877, only the 1861 and 1873 Philadelphia Mint half eagle issues saw mintages over 20,000 coins. The 1858 half eagle emission was a low 15,136 coins. In 1979 Akers said, "The 1858 half eagle is not often seen in any condition but when one is available, VF or EF is the likely grade." A quarter-century later, Garrett and Guth pegged the average grade for certified examples at "AU52," but the noncertified examples likely would grade lower. <BR> The preceding hopefully puts a proper context to this coin, a wonder coin that simply should not exist. Not only is this MS66 Star coin <I>the single finest graded of this rare issue, it is among the finest graded of the entire No Motto type. </B></I>There are precisely seven MS66 No Motto half eagles of all dates certified at PCGS, while NGC has graded nine No Mottos in MS66 or MS66 Star. <BR><I> </B></I>Neither side shows much in the way of distractions of any sort, as expected for such a Premium Gem coin. The strike is sharp, although trivial weakness shows on the hair curls below BER. The delightful amber-gold coloration seen in the centers deepens to golden-orange near the obverse rim at 12 o'clock. The reverse also demonstrates trivial weakness on the fletchings, but both sides are remarkable for their lack of evidence of contact of any size. Swirling mint luster emanates from the fields that are somewhat prooflike in appearance. The eye appeal is enormous, and this coin should certainly elicit spirited bidding from Registry or type collectors, as one of the real prizes of this entire auction. Census: 1 in 66 Star, 0 finer (12/07).<BR><BR><B>Coin Engraver:</B> Christian Gobrecht<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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Orange County Convention Center, North/South Building, 9400 Universal Blvd, Orlando, Florida, United States
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