LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

3190

1858-S $5 AU58 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:8,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1858-S $5 AU58 NGC
<B>1858-S $5 AU58 NGC.</B></I> Well detailed with a pleasing, natural reddish patina over both sides. Field marks are numerous, as is typical of early gold from the San Francisco Mint, resulting in only a nominal break in luster. A few larger abrasions are seen here and there in the reverse fields. The 1858-S is the first of the exceedingly difficult S-mint half eagles from the 1850s to the 1870s. In addition to a low production of only 18,600 coins, demand for gold coinage in the West resulted in few pieces surviving in any grade. Those that did survive were often well circulated and today grade XF or lower. Mint State survivors appear to be nonexistent, judging from the certified populations. The appealing example offered here is certainly among the finest extant. Census: 14 in 58, 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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