Lot 1478
1877 $5 Liberty. NGC graded MS-61 Prooflike. Light gold toning. A scarce date. A fully original specimen with frosty devices and reflective fields consistent with the few other Mint States that have been reported. A prized rarity in all grades, as might be expected from the mintage, 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 design.
The few pieces that survive tend to be in higher grades such as Extremely Fine or About Uncirculated, but these are few and far between. The specialist will want to bid very liberally! Only 1,132 minted. Pop 5; none finer in prooflike.
Estimated Value $10,000 - 11,000.
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