1330

Famous 1929 Half Eagle Rarity Last of the Denomination 1929 Half Eagle MS-64 PCGS.

Currency:USD Category:Coins & Paper Money Start Price:10.00 USD Estimated At:0.00 - 0.00 USD
Famous 1929 Half Eagle Rarity Last of the Denomination 1929 Half Eagle MS-64 PCGS.
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Famous 1929 Half Eagle Rarity
Last of the Denomination 1929 Half Eagle MS-64 PCGS. This frosty near-gem specimen exhibits bright butterscotch-gold surfaces with ebullient luster, pale rose toning highlights, and eye appeal that just won’t quit. One of 662,000 examples struck in what would be the final year of the denomination. Most of that mintage was held back, however, and was later melted when the Great Depression was in full swing. Survivors today are counted in the hundreds, and that may be a generous guesstimate. The present coin is exceptional in its overall aesthetics as well as its physical soundness, as one glance will prove. Close-in examination reveals a few scattered ticks, none of them overly egregious or apt to draw the viewer’s eye. A sizeable number of grading events are listed by PCGS at the MS-64 level for this date, 120 all told, suggesting resubmissions looking for that elusive MS-65 grade. Most resubmissions have come back without graduating to MS-65; there are just 10 grading events at that level, with none finer in a PCGS holder. We expect that many, if not all, of the MS-65 1929 half eagles are already sequestered in advanced cabinets, which makes a pleasing MS-64 such as offered here all the more enticing.
or an insight into the rarity of the date, the 1929 half eagle is valued at $18,500 in the VF column of the Red Book, and is the only date after the 1875 rarity to have a five-figure value in that lead-off value column. The opportunity presented here is one that many will pursue, but alas, we all know the outcome – only one fortunate bidder will take home this prize!
PCGS #8533



PCGS Coin Facts