1862 Liberty Head Half Eagle. AU Details--Cleaned (PCGS).
A sharply struck, vivid pinkish-olive example with appreciable luster despite a somewhat glossy texture from a cleaning. The suspension of gold specie payments by Eastern banks in December 1861 resulted in an immediate reduction in half eagle output at the Philadelphia Mint. Whereas the facility delivered a record (for the era) total of 688,084 circulation strikes in 1861, the mintage for the 1862 is just 4,430 pieces. The 1862 is a highly elusive issue with PCGS CoinFacts estimating that fewer than 100 coins are extant in all grades. Particularly rare in Mint State, the significance of this more affordable AU coin should not be overlooked.
PCGS# 8292. NGC ID: 25VP.
From the Jerome S. Reznick Collection. Earlier from our (Stack's) sale of the Collections of Nate S. Shapero and Nate S. and Ruth B. Shapero Foundation, October 1971, lot 1011. Collector tag with provenance notation included.
Estimate: $3520
Price realized | 6'500 USD |
Starting price | 1 USD |
Estimate | 3'520 USD |