1858 $5 MS(PCGS#8276)

November 2021 Baltimore U.S. Coins auction

Auctioneer

Stack's Bowers

Lot Number

3283

Grade

AU55

Price

3,120

Lot Description

1858 Liberty Head Half Eagle. AU-55 (PCGS). CAC. Lustrous and satiny Choice AU quality with a tinge of pale olive to otherwise golden-rose surfaces. One of only 15,136 Philadelphia Mint half eagles of the date produced -- the mintage for eagles of this date was just 2,521 pieces, as Philadelphia's coinage presses were kept busy in this year churning out 211,714 double eagles. The 1858 inaugurates a run of low mintage fives from the parent mint that continues through 1860, and market appearances are usually few and far between. Prior to 2020, we last offered a circulation strike 1858 half eagle in 2013, in fact, the intervening seven years seeing several examples of the 1858-C, 1858-D and 1858-S pass through our sales. Clearly this is an underrated issue relative to the more highly regarded mintmarked issues of its era, the Fairmont specimen offered here representing a fleeting bidding opportunity for the astute gold collector. Provenance: From the Fairmont Collection. PCGS# 8276. NGC ID: 25V7. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.