Lot 2430
1929 $5 Indian. PCGS graded MS-64. Key date. Rich golden toning. The 1929 Half Eagle is an instance where the published mintage is a false guide to how scarce the coin is: mintage was 662,000. The great bulk of these must have stayed with the Treasury or been stored in bank vaults, since only a few hundred are in existence. The majority are believed to have been melted after 1937. Few collectors of the day realized the consequence of this and so few retained any 1929 Half Eagles for their collections.
The present coin has strong luster and choice, really excellent surfaces required to obtain this MS64 PCGS grade. A prize for the specialist collector. Pop 101; 8 finer in 65. (PCGS # 8533) .
Estimated Value $30,000 - 33,000.
|
| |
| Realized $33,350 |
