1878-S $5 MS(PCGS#8347)

The Summer 2022 Global Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

3127

Grade

MS63

Price

3,120

Lot Description

1878-S Liberty Head Half Eagle. MS-63 (PCGS). A frosty and smartly impressed MS-63 example that offers vivid color in bold honey-rose. Half eagle production at the San Francisco Mint increased markedly in 1878 with a mintage of 144,700 pieces. This was achieved in anticipation of the government-mandated return to parity between gold coinage and paper currency set for January 1, 1879. Unfortunately for today's collectors, this increase in mintage did not result in a generous supply of Mint State survivors. Most examples saw extensive commercial use, and even coins at the MS-60 to MS-61 level are elusive. This is one of the finest 1878-S fives that we have had the privilege of bringing to auction in recent years, and it is sure to fetch a strong price. Provenance: From the Fairmont Collection - JBR Set. PCGS Population: 14; 5 finer (MS-65 finest). PCGS# 8347. NGC ID: 25X6. 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.