1873 $5 Open 3 MS(PCGS#8328)

August 2021 ANA U.S. Coins Auction

拍卖行

Stack's Bowers

批号

6079

等级

MS63

价格

17,103

详细说明

1873 Liberty Head Half Eagle. Open 3. MS-63 (PCGS). A rare and lovely Mint State example of this underrated condition rarity among 1870s half eagle issues. Vivid rose-gold color blankets lustrous, boldly to sharply struck features. The Mint Act of 1873 included a provision that sent $32,717,185.50 worth of worn gold coins to the melting pot. This bullion was used to strike new gold coins and, due to the popularity of this denomination as a medium of exchange, the half eagle was one of the first to benefit from this new, yet limited supply of gold bullion for new coinage. Gold coins did not circulate within the United States except in the far West, and so much of the Philadelphia Mint's circulation strike half eagle mintage of that date was either exported or remained in Treasury stocks. A limited quantity may have found its way to the West Coast where gold coins continue to circulate extensively. With no contemporary numismatic demand in these coins (the few interested collectors obtained Proofs), and few examples repatriated from foreign bank hoards, it should come as no surprise to read that the 1893 Open 3 is elusive at all levels of Mint State preservation. Provenance: From the Fairmont Collection. PCGS Population: 14; 12 finer (MS-65 finest). PCGS# 8328. NGC ID: 25WK. 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.