Lot 1606
1916-S $5 Indian PCGS MS62. PCGS graded MS-62 PQ. CAC Approved. Softly struck mint mark as sometimes seen on this date and mint. Nicely toned and quite frosty for the issue, with nice surfaces for the grade assigned. Only 240,000 pieces were struck and while this issue is known to exist in mint state, a good many of the examples seen today came from a hoard of approximately 200 pieces which surfaced, and according to David Akers, none from that hoard exceeded MS-63 quality. Half eagle production went silent after these were released until 1929 when Indian half eagles were again produced (PCGS # 8532) Estimated Value $1,500 - 1,600
Ex. US Gold from a prominent midwestern family collection.
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| Realized $3,525 |
