1884-CC $5 MS(PCGS#8365)

The Regency Auction 26

拍卖行

Legend Rare Coin Auctions

批号

723

等级

MS61

价格

104,888

详细说明

From the Oak Crest Collection. The mintage stayed relatively low in 1884, as only 16,402 half eagles were struck, and is similar in terms of rarity with the 83-CC and under appreciated when compared to similarly rare dates from the 1870s. Very scarce in all grades, and a major rarity in Mint State. This is an attractive example with hints of reflective luster in the fields. Ms. Liberty and the eagle are very well struck up and the details are crisply rendered from an exacting blow from the dies. This Mint State coin was not listed in the Winter/Halperin census in 2001, as it was discovered more recently in a European bank holding. Consistent with coins from similar sources, there is a thin layer of russet-gold "vault dust" over deeper orange-gold tinges. Both sides show a scattering of minor contact marks that account for the assigned grade. Overall the look is quite nice, totally original, and truly Mint State. PCGS 2, NGC 6. We think there is duplication at NGC, based on the number of auction appearances. Here is a clue to the rarity in Mint State: both the Old West and Battle Born Collections had a PCGS 58--they did not get a Mint State coin. The most recent MS61 to sell in auction was a PCGS coin, sold in Stack's January 2007 sale of the Morgan Branch Mint Gold Collection, which fetched $29,900. The only NGC MS61 to sell in auction was in an October 2006 sale. The current Collector's Universe value is $35,000 and when this once a dozen year event occurs, who knows where the bidding will end--perhaps the price guides will have to be rewritten. Another prize for the advanced collector from the Oak Crest Collection! Cert. Number 2657180004 PCGS # 8365