Lot 1283
1859-D $5 Liberty. NGC graded MS-60. Only 10,366 struck. A frosty specimen, within the context of the assigned grade, with bright golden luster, untoned and gleaming, on satiny gold surfaces. Typical bagmarks for MS60. But still above the norm in a series where few Mint States survive at any level. The bright luster gives this piece an important aesthetic quality in addition to the already important scarcity factor.
The 1859-D half eagle has one of the lowest mintages of all Dahlonega Mint half eagles. The only coin with a lower mintage is the extremely rare 1861-D. Unlike some earlier dates from this mint, the rims are broad and beveled in appearance on every example seen. Centers can be weak, however, though not always so (differs from the always ragamuffin-looking 1859-C reverse). Pop 1; 13 finer. In a new NGC 4 pronged holder.
Estimated Value $8,000 - 8,500.
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| Realized $7,188 |
