1862-S $5 MS(PCGS#8293)

The Regency Auction 42

拍卖行

Legend Rare Coin Auctions

批号

12

等级

MS61

价格

276,988

详细说明

THE BIGMO CIVIL WAR COLLECTION PART II Yet another major rarity in the series, we think David Akers said it best: "The 1862-S is one of the really great rarities of the half eagle series...I have never seen a full EF specimen and not more than ten others in Fine or VF. Overall, the 1862-S is nearly as rare as the higher priced 1864-S. This is one of the most underrated issues in the entire series." Out of 9,500 struck, PCGS estimates that 50 survive today, and though grading standards have changed somewhat since David Akers time, this date is VERY RARE in any grade above XF, and a mere two coins have garnered Mint State grades at PCGS, including this one. Nowhere on this coin is there any sign of wear. The devices are slightly glossy; both sides have a rich luster and brilliant lemon-yellow-gold surfaces. There are a number of contact marks, which are appropriate for the assigned grade, but we see no evidence of wear or friction anywhere. The eye appeal is excellent. Out west, the “Great Flood of 1862” ravaged parts of Oregon, California, and Nevada, was the largest flood in the recorded histories of those states. In November 1861, frequent heavy snow and rain falls in Oregon’s higher elevations began, continuing into January when temperatures went up, and a record rainfall melted the snows in the higher elevations, and the waters flowed down the Columbia River. The total precipitation amounted to about 10 feet worth of rainfall in a matter of 43 days. Towns were inundated or swept away, destroying mills, dams, houses, and ruining fields and killing livestock. It was one of the greatest natural disasters to strike California in recorded history. PCGS 1, NGC 2. Extremely RARE. There hasn't been an example sold since ANR's August 2006 sale of the Franklinton Collection, where one sold for a record $$43,700. The highest graded examples sold this DECADE were graded AU50! That should be a CLEAR sign as to how RARE this date is! The current PCGS Price Guide value is listed at $57,500. It is very possible that this coin will surpass that level when the hammer falls! Good luck! Cert. Number 25692717 PCGS # 8293.00