1863-S $5 MS(PCGS#8295)

The Regency Auction 42

拍卖行

Legend Rare Coin Auctions

批号

16

等级

MS61

价格

327,000

详细说明

THE BIGMO CIVIL WAR COLLECTION PART II A very lustrous and brilliant, semi-reflective Mint State example that is tied for FINEST GRADED 1863-S half eagle with just one other MS61. From an original mintage of 17,000, the vast majority of these circulated extensively in the wild west commercial channels. Today, estimates vary for the surviving population from 55 to 75 examples in all grades. David Akers never saw one graded better than XF, which ended up in the Harry Bass Collection. Bass had two coins that graded AU50 and have not been sold since the original Bass II and Bass IV sales in 1999 and 2000. Elaisberg's coin was called VF20 in 1982 and was ex Ten Eyck and Clapp collections. Ed Milas had an NGC AU58 back in 1995; Norweb's coin was called EF-40 and the James A. Stack coin was VF. Only a couple of coins were discovered on the wreck of the S.S. Brother Jonathan. The Smithsonian specimen is VF35 according to Jeff Garrett and Ron Guth. The present BU example is highly reflective and has neat cameo look. The devices are quite crisp and stand out in frosty contrast to the nearly Prooflike lustrous fields. Though we note scattered contact and breaks in the luster, there is no perceptible wear on either side, on the devices or in the fields. This is a great looking rarity with a bold visual allure. On July 26, 1863, Confederate General John Hunt Morgan was captured in Salineville, OH. Originally against secession, General Morgan raised a cavalry unit from Kentucky in September 1861 and went to Tennessee to join up with the Confederate army there. and spent nearly two years skirmishing in Kentucky, Indiana, and Ohio. His greatest raid, known to history as Morgan’s Raid, took place during the summer of 1863 as an attempt to draw federal forces from the fronts at Gettysburg and Vicksburg. The raid ended on July 19 when at Buffington Island, OH, about 700 of his men were captured trying to cross the Ohio River into West Virginia. His capture in Salineville was the farthest north Confederate troops would get during the course of the war PCGS 2, NGC 0. The current Collectors Universe value is $60,000. There are NONE FINER, and no Mint State coin has ever sold in auction. Indeed the finest example to sell was an NGC AU58+. This is a real prize for any specialized set and should break all previous auction records. Good luck! Cert. Number 25662095 PCGS # 8295.00