Lot 2338
1877 $5 Liberty. PCGS graded MS-62. PCGS number 10818288. Low mintage date. Untoned with gorgeous prooflike surfaces. Lustrous orange-gold. A fully prooflike specimen whose frosty devices rest upon mirror fields. A prized rarity in all grades, as might be expected from the mintage of 1,132 pieces, this in an era when no numismatic attention was paid to business strikes of this denomination. In fact, the figure is so low that only the 1875 is lower among Philadelphia Mint issues of this era.
The few pieces that survive tend to be in higher grades such as Extremely Fine or About Unicrculated, but these are few and far between. The present piece stands high and is tied for the finest Mint State coin grade by PCGS. The connoisseur will want to bid very liberally! Pop 2; none finer at PCGS. (PCGS # 8342) .
Estimated Value $14,000 - 16,000.
Ex: Bass Collection; purchased from Jack Klausen, June 19, 1968.
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| Realized $14,950 |
