Lot 1287
1865-S $5 Liberty. NGC graded MS-61. 27,612 pieces struck. This is a highly underrated coin rarely found in grades better than Fine to Very Fine. Breen notes that as a date, this is "prohibitively rare above VF; unknown above EF" which will serve to alert bidders as to true rarity of this date in Mint State! The centers are bright reddish-gold oscillating with deeper pinkish-gold accents.
The large S mintmark is a bit weak, as always on this variety. Overall the strike is firm, with sharp definition on Liberty and the eagle. The fields show moderate contact marks, as these may be traced to shipping about in a bag rather than actual circulation, since the coin has complete luster over both sides. No heavy or annoying marks are present, fortunately, and this coin would be the highlight in an advanced date collection. Pop 5; none finer at NGC.
Estimated Value $9,000 - 10,000.
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| Realized $12,363 |
