Lot 2339
1877-CC $5 Liberty. NGC graded AU-55. A decent strike exhibiting subdue honey color golden surfaces Very rare in such high grade. Sharply defined on the obverse with the faint weakness on the eagle's neck feathers, the surfaces are medium orange-gold with significant portions of mint luster still surrounding the devices. A small rim bruise over M of AMERICA on the reverse. This is one of the finer pieces known and appears to be surpassed by few other pieces in the Condition Census. The bidding that follows the appearance of this half eagle on the auction block will afford some slight clue to the secret of CC-mint gold coins when it rises above what everyone supposes is the "normal" market price. Bidding on it will certainly suggest singleness of purpose, which is one of the essentials of success to acquiring a rare date $5 gold piece. Pop 13; 5 finer in 58.
Estimated Value $10,000 - 12,000.
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