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

3197

1861-D $5 AU58 PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:32,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1861-D $5 AU58 PCGS
<B>1861-D $5 AU58 PCGS.</B></I> Variety 39-FF. Between January and April of 1861, 1,597 half eagles were struck by the Union. After the Dahlonega Mint was seized by the Confederacy on April 8, a small quantity (estimated between 1,000 and 2,000 pieces) were struck by rebel forces. Unfortunately, there is no exact way to determine which coins were struck by which minters. However, numismatic legend says that pieces struck from misaligned dies were produced under the auspices of the Confederacy. The present piece is evenly struck aside from minor weakness on the right (facing) claw. Good portions of original mint luster surround the devices, and the rich orange-gold surfaces are only moderately abraded. An impressive Borderline Uncirculated example of this famous issue, struck by both the United States and the Confederacy. Population: 4 in 58, 11 finer (11/07).<BR><I>Ex: Chestatee Collection, Chicago ANA Signature (Heritage, 8/99), lot 7703, which realized $16,675; Ashland City Collection, FUN Signature (Heritage, 1/03), lot 4814, which realized $25,300.<BR>From The Madison Collection.</B></I><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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