1876-CC $5 MS(PCGS#8340)

The Regency Auction 26

拍卖行

Legend Rare Coin Auctions

批号

715

等级

AU58

价格

232,253

详细说明

From the Oak Crest Collection. The 1876-CC is a unique case study in the Carson City half eagle set. It boasts the lowest mintage of all CC-mint fives, standing at a production level of 6,887--however, its rarity is overshadowed by other, more famous dates in the series-- but David Akers wrote that it is "approximately the same rarity as the 1871-CC, 1872-CC, and 1877-CC, and a little more rare than the 1874-CC." The survival estimates suggest somewhere between 100 and 125 survive in all grades, and the typical survivor is usually seen in XF or lower grades. Because of improvements made at the Carson City mint, the quality of production vastly improved in 1876, and all the half eagles were produced in the second half of the year. The improvements resulted in better quality of striking of gold coins, as earlier date CC-gold have weak or uneven strikes. Only a single die pair was used and all known examples have a large die lump on Liberty's neck. Like sometimes seen on high grade examples of the issue, the field offer a distinctive, semi-reflective luster that grabs the viewer's attention from across the room. A light rose tinge to the brilliant golden surfaces accents a strong strike, clearly the improvements made to the machinery had its desired effect! Every detail is razor sharp from an exacting blow from the dies. We do note that under a glass, some minor abrasions are visible, acquired during its brief time in wild west commerce. PCGS 3, NGC 7, CAC 1. The coin offered here is solidly in the condition census--arguably the 3rd finest known, as it is the only CAC approved AU58. Indeed, it is bested by only an NGC MS61 and the monster Eliasberg-Battle Born MS66. As a clue to the difficulty finding an example of this date is, the extensive Old West Collection sold by ANR in 2006 lacked an example. Our consignor purchased this coin in 2007. The most recent example to sell in auction was the ex Nevada Collection (listed as as Winter condition census #3, and the plate coin in the 2001 Winter book) sold for $37,600 in the September 2016 sale of the Twelve Oaks Collection. The only other PCGS coin to sell in the October 1999 Bass II Auction. Even nearly 20 years ago, that coin realized $26,450. The current PCGS Price Guide value is listed at $35,000, and keep in mind the only higher grade PCGS coin is a $450,000+ item, so any collector building the FINEST PCGS-graded set needs to prepare for a drawn out bidding competition. What a great coin for any serious gold collection. We can see this coin far surpassing our estimate! Cert. Number 31364885 PCGS # 8340