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High Quality 1848 Half Eagle
$5, 1848 AU-55 (PCGS). Sharply struck with lustrous light yellow gold surfaces. A few marks are consistent with the assigned grade.
Details
$5, 1848 AU-55 (PCGS). Sharply struck with lustrous light yellow gold surfaces. A few marks are consistent with the assigned grade.
Despite a relatively high mintage of 260,775 coins, this is a very scarce issue, especially in higher grades. This is confirmed by auction records of appearances throughout the 1990s, with just 10 examples grading AU-55 or finer appearing for public sale from 1990 through 1999. Compare this to branch mint issues of this same year and grade range, with nine 1848-C and 13 1848-D issues being offered.
Despite a relatively high mintage of 260,775 coins, this is a very scarce issue, especially in higher grades. This is confirmed by auction records of appearances throughout the 1990s, with just 10 examples grading AU-55 or finer appearing for public sale from 1990 through 1999. Compare this to branch mint issues of this same year and grade range, with nine 1848-C and 13 1848-D issues being offered.
Further details
This is the single finest example among three from the S.S. Central America treasure graded by PCGS.