Lot 1641
$5 Gold Liberty. 1859-S. NGC graded AU-58. A near Condition Census example of this scarce San Francisco half eagle. Only 13,220 pieces were minted this year and virtually all of them were put directly into circulation. The total population of existing survivors in all grades is very low, perhaps 50-65 coins total, and one would be wise to seriously pursue this undervalued half eagle. The serious gold specialist will find the opportunity to acquire the 1859-S $2.50, 1859-S $5.00 and 1859-S $10.00, all in this sale, as a monumental occurrence. As one would expect, mint state survivors are superbly rare, with only 2 mint state pieces graded total by both PCGS and NGC. In AU58, NGC has graded 8 pieces with a single MS61 as finest.
Estimated Value $6,500 - 7,000.
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| Realized $8,338 |
