May 28, 2001, The Fairchild Family Trust Collection, Sale 10

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$5 Gold

Lot 1395 Click on photo for enlarged version Click on photo for enlarged version
1859-S. PCGS graded AU-58. Minor handling marks in the fields, and a rare date in high grade. Only 2 have been graded by PCGS as such, with just 2 coins graded higher (both MS-62). Well struck and seldom encountered above EF, and perfect for the date collector.
Estimated Value $7,000-10,000.

Lot 1396 Click on photo for enlarged version Click on photo for enlarged version
1859-S. PCGS graded AU-55. Mintages fell to 13,220 for the year, and this is one of the best to survive. Nice surfaces on both sides, with lovely coppery color. Hints of luster near the stars and devices. A recent PCGS Population Report shows 3 graded this high with 4 graded higher.
Estimated Value $5,000-7,000.

Lot 1397 Click on photo for enlarged version Click on photo for enlarged version
1860-D. PCGS graded AU-58. H. W. Bass Jr. Coll. A choice coin that shows few signs of handling although there are minor hairlines. One drift mark through the 18 of the date and extending left into the field. An impressive example of this scarce date, which boasts well struck devices and eye-appealing surfaces. The recent PCGS Population Report shows only 14 graded this high, with 10 graded higher.
Estimated Value $5,000-7,000.

Classic 1860-S Rarity in High Grade

Lot 1398 Click on photo for enlarged version Click on photo for enlarged version
1860-S. PCGS graded AU-58. One of the finest of this rare date, although the mintage shows 21,200 struck, most were apparently melted or lost over the years. This one has nice luster and over the slightly reflective fields. As to the strike, it is a bit weak on Liberty's love lock which cascades down her neck, but the small curls behind her face are sharp, as are the feathers and fine details of the reverse design. Trivial hairlines and minimal handling marks for this piece, and desirable in every way.
PCGS has graded only 1 coin as such, with one graded higher (MS-62), placing this coin high in the condition census for the date.
Estimated Value $8,000-10,000.

Lot 1399 Click on photo for enlarged version Click on photo for enlarged version
1860-S. PCGS graded AU-53. Well struck with minimal wear on the high points of the design. Typical circulation marks on the coin, and identifiable by a mark over the 0 in the date. Rare in this grade, PCGS has graded 2 as such, with 2 more graded a notch higher and a single coin above those as MS-62. A rare opportunity for the specialist.
Estimated Value $6,000-8,000.

Lot 1400
1861. EF-40. Typical circulation marks.
Estimated Value $150-175.

Lot 1401 Click on photo for enlarged version Click on photo for enlarged version
1861-C. NGC graded AU-53. An important issue struck during the cusp of the outbreak of the Civil War. In fact, this may have been struck by the Confederates States of America just after hostilities became formalized by the respective governments, as it shows the light die crack through the tops of AMERICA noted in the Breen Encyclopedia as possibly being struck after CSA soldiers seized the Charlotte Mint. Moderate handling marks are noted on both sides and the surfaces still retain some luster. The strike is decent, with most of the stars showing radial lines. An important rarity in this grade, and one of just 6 graded as such by NGC, with 26 graded higher, of which only 3 have been graded as Mint State.
Estimated Value $5,000-6,000.

Lot 1402 Click on photo for enlarged version Click on photo for enlarged version
1861-S. NGC graded AU-58. A vastly underrated date that despite its mintage of 18,000 coins, virtually all disappeared. In fact, neither grading service has graded one as Mint State as of yet, but there is a small cluster of 11 graded AU-58 by NGC, none have been graded higher than AU-53 by PCGS. This particular coin has moderate handling marks scattered about the surfaces, but none deserve particular description. Coppery luster around the periphery, and a rarity in this grade.
Estimated Value $7,000-9,000.

One of the Finest Known 1862-S Half Eagles

Lot 1403 Click on photo for enlarged version Click on photo for enlarged version
1862-S. PCGS graded AU-53. Here is a true condition rarity. The finest seen by either grading service is AU-55, and this coin is just a hair below that level at AU-53. Certainly high up in the Condition Census for the date, which is exceedingly rare above Extremely Fine grades. This particular coin has delicate orange-gold toning on both sides and typical light handling marks throughout. Remnants of original pinkish gold luster adheres near the devices and lettering, where these small surface areas are undisturbed by circulation. Sharply impressed, with each star showing full radial lines and the minute feathers are separated on the eagle. A foremost rarity in any grade, and to offer one of the very finest known is truly a pleasure for us. The recent March 2001 PCGS Population Report shows only 2 graded this high, with 2 graded in AU-55, and none graded higher by either service.
Estimated Value $12,500-15,000.

Lot 1404 Click on photo for enlarged version Click on photo for enlarged version
1862-S. PCGS graded AU-50. A magnificent coin of this extremely rare date, only 9,500 were coined, but virtually all disappeared. None are known above AU-55 according to the NGC and PCGS Population Reports. Only 6 have been graded this high by PCGS, with 4 graded higher. Orange-gold color and well struck by the dies, the surfaces show average marks for the grade, and there is a small bump on Liberty's jaw. A rare opportunity for the date specialist.
Estimated Value $10,000-12,000.

Mint State 1865 Half Eagle

Lot 1405 Click on photo for enlarged version Click on photo for enlarged version
1865. NGC graded MS-60. One of the very finest known of this date, with just 2 so graded by NGC, and 3 graded a notch higher. None have been graded as Mint State by PCGS. Therefore, this is likely one of the finest known of the date. Only 1,270 were coined, and most were spent as the country breathed a sigh of relief that the long war was finally over. Typical bagmarks in the fields and on the devices, with one small bump between stars ten and eleven. An important opportunity for the date specialist.
Estimated Value $12,000-17,000.

Lot 1406 Click on photo for enlarged version Click on photo for enlarged version
1865-S. NGC graded AU-58. Nice luster and well struck by the dies, but with typical bag marks that are common on gold coins of the period. Liberty's curls are especially well struck. NGC has graded 18 this high with 4 graded higher (all MS61).
Estimated Value $6,500-7,500.

The Finest Graded 1866 Half Eagle

Lot 1407 Click on photo for enlarged version Click on photo for enlarged version
1866. With motto. NGC graded MS-61. This coin is perhaps the Finest Known of the date. It is currently the finest graded by either grading service, and the only one in its grade category. Further, it is better than the AU-55 offered in the recent Harry Bass II sale, and the only coin that is close is an MS-60 also graded by NGC. As expected, there are some handling marks in the fields and on the devices, but this is still an appealing coin for the advanced collector who demands the finest. Identifiable by a small scrape on the twelfth star, and in NGC holder #289360-009.
Estimated Value $10,000-12,000.

Lot 1408 Click on photo for enlarged version Click on photo for enlarged version
1867-S. PCGS graded EF-45. Ignore the mintage of 29,000 on this date, as very few are known in high circulated grades. PCGS has only graded 10 as such, with 7 graded in various AU grades, and none graded in Mint State. The surfaces have just enough wear to subdue the handling marks, giving the coin a smooth and pleasant appearance overall. Sharply impressed by the dies, and a worthy coin for the specialist.
Estimated Value $2,000-2,500.

Lot 1409 Click on photo for enlarged version Click on photo for enlarged version
1868. NGC graded AU-55. As often seen, this one has rather heavy ticks from handling. Nice luster and color, with a good strike from the dies. Just 5,700 were coined, and any example of this date is rare. This is one of the higher grade coins, with NGC reporting 5 graded this high and 11 higher.
Estimated Value $2,000-2,500.

One of Only Two Mint State 1869 Half Eagles

Lot 1410 Click on photo for enlarged version Click on photo for enlarged version
1869. NGC graded MS-61. This is apparently the second finest known of the date, with a single coin graded MS-64 above in the recent Harry Bass II Sale, this coin now offered is the only other mint state example graded by either grading service. Satiny luster on both sides, with clean surfaces that show minimal handling. Identifiable by a small planchet drift mark above the date and into the numerals, and a spot on the edge near the outer point of the eleventh star. In NGC holder #289360-016.
Estimated Value $12,000-15,000.

Lot 1411 Click on photo for enlarged version Click on photo for enlarged version
1870-S. PCGS graded AU-55. An extreme rarity in high grade, this one of the very finest known of the date. None have been graded as Mint State by either service, and only a single coin has been graded as AU-58 by NGC, none that high by PCGS. In this grade, AU-55, PCGS has graded 6 this high while NGC has only awarded AU-55 to a single coin. Orange-gold toning especially on the reverse. As to the strike, it is full and complete, every star and notch on the eagle's craggy claws are bold and defined. An impressive example of this rarity. Don't miss it.
Estimated Value $6,000-7,000.

Condition Rarity 1871 in Mint State

Lot 1412 Click on photo for enlarged version Click on photo for enlarged version
1871. PCGS graded MS-60. Demand for gold coinage sank as the 1870s unfolded. By 1871, only 3,200 half eagles were struck, and virtually all entered circulation. This one was saved, somehow, by someone for all the ensuing years. The surfaces have a few scrapes and scuffs from bag handling, but the curls and high points don't show signs of wear. As so few were struck, the fields remain prooflike, as the dies never had a chance to wear away the polish used to dress up the die after engraving. This is the finest graded by PCGS, and alone as MS-60 by that service. NGC has also graded a single coin as MS-60, with another as MS-61. This date almost certainly does not exist in higher grade. There is a bit of hazy toning on the reverse, surrounding the eagle.
Estimated Value $10,000-12,000.

One of the Finest Known 1873 Closed 3 Half Eagles

Lot 1413 Click on photo for enlarged version Click on photo for enlarged version
1873. Closed 3. PCGS graded MS-65. This is certainly one of the very finest known of the date, in fact, PCGS has only graded two coins this high, with none graded higher! Mint fresh luster throughout, with fully struck stars and minute feather details on the eagle. Slight weakness is noted on Liberty's love lock curl over her neck, and on the arrows and claws on the reverse. The fields show light scuffs and nicks, but this is obviously a gem example of this rare date. If your collection demands the finest examples then here is a special coin to add. Color photo.
Estimated Value $20,000-UP.
Previously in our Brady Bloch Collection Sale, September 1999, Lot 1766 as NGC MS-65.

Classic 1873 Proof Rarity

Lot 1414 Click on photo for enlarged version Click on photo for enlarged version
1873. Closed 3. PCGS graded Proof 58. This is probably the coin offered in our September 1999 Brady Bloch Collection Sale, lot 1765. The surfaces show minor handling marks, probably from a brief time in circulation during the sharp depression of 1873 or later in the 1930s. Many proof gold coins were spent during those periods as families needed necessities, and luxuries like this rare proof half eagle found few buyers. Only 25 were coined in 1873, about half of which probably survive today in various grades. This is the only coin graded as such by PCGS, although 13 have been graded higher. This is a classic American rarity that is seldom offered and is well worth a respectable bid despite the slightly impaired status.
Estimated Value $5,000-6,000.

Lot 1415 Click on photo for enlarged version Click on photo for enlarged version
1874-CC. VF-25. Original color, but there is a bad scrape on the left side of the branch into the fields.
Estimated Value $600-700.

Lot 1416 Click on photo for enlarged version Click on photo for enlarged version
1874-S. NGC graded AU-55. One of the very finest graded of this tough date, only 16,000 were coined and none apparently survived in Mint State according to PCGS and NGC, and precious few as nice as this coin. As to the surfaces, they show minimal marks, none are deep or distracting, and the strike is sharp at the centers, as well as the periphery. The NGC Population Report notes only 3 graded as AU-55, with 2 graded a notch higher. A condition rarity for the specialist in half eagles.
Estimated Value $3,000-4,000.

Lot 1417 Click on photo for enlarged version Click on photo for enlarged version
1874-S. NGC graded AU-50. This is the weak "S" variety and although not designated so on the holder, this coin should be re-submitted as such. The NGC population report lists a sole EF-45 example, although a small handful of others with no designation also exist in this high grade. Very rare.
Estimated Value $3,000-3,700.

Lovely 1876 in Very Choice Mint State

Lot 1418 Click on photo for enlarged version Click on photo for enlarged version
1876. PCGS graded MS-64. As a year, 1876 is overshadowed by its big brother, the 1875, but 1876 deserves attention in its own right. 1,432 were struck for circulation, and most are found in circulated grades. This particular coin was struck from the proof dies, as noted in the Breen Encyclopedia, with a small die lump on Liberty's neck, just below her jaw. The fields are also prooflike, and the devices wonderfully frosted. As to the strike, it is strong, but not quite full on the eagle's neck, arrow feathers and on Liberty's love lock on her neck. Two tiny planchet flakes are visible, one at the outer point of star six, the other near the rim just above the last star.
Now that years of speculation about populations has begun to be laid to rest by the stark data reported by the grading services in their Population Reports, we now know that only 2 have been graded higher by PCGS, and none higher by NGC. In this particular grade, only 3 coins have been graded this high by PCGS. This is not the October 1999 Harry Bass coin, also PCGS MS-64, which realized $19,550 at that delightful sale. This represents an opportunity for the specialist who demands outstanding quality and rarity.
Estimated Value $15,000-UP.

Choice Mint State 1876 Half Eagle

Lot 1419 Click on photo for enlarged version Click on photo for enlarged version
1876. PCGS graded MS-63. With a mintage of only 1,432 one can assume this date is seldom offered in any grade. To find one in choice mint state is truly a chore, and especially one with such lovely golden-yellow toning on each side. There are scattered handling marks, to be expected for the grade. Fully struck on the stars and on all but the centers of the devices, which show normal weakness. The March 2001 PCGS Population Report shows only 2 graded MS-63 with 4 graded higher. Color photo.
Estimated Value $10,000-15,000.

Lot 1420 Click on photo for enlarged version Click on photo for enlarged version
1876. NGC graded AU-58. This one has bright luster in the fields, and moderate handling marks throughout. We note a couple of scrapes in the left obverse field. Mintage dropped to 1,432 for the year, and of those NGC has graded 4 this high and notes 9 are graded higher. A condition rarity that is seldom offered in any grade, and is certainly rare in grades above EF.
Estimated Value $3,500-4,500.

Lot 1421 Click on photo for enlarged version Click on photo for enlarged version
1876-S. PCGS graded AU-55. San Francisco coined 4,000 half eagles in 1876, our countries centennial year. Light handling from circulation, but the fields and Liberty's cheek are as nice as one could expect to find. PCGS has only graded 1 in this grade, and 1 coin in AU-58 above, plus 1 more as MS-64. Don't expect to find a better one! A rare, rare date which is seldom offered in any respectable grade.
Estimated Value $6,000-8,000.

Lot 1422
1880 (2 pieces) and 1880-S. These grade from VF-20 to VF-30. Lot of 3 coins.
Estimated Value $300-325.

Lot 1423
1880-S, 1881, 1885, 1898, 1898-S and 1899-S. These grade VF to EF. Several nice coins are included, and nice for the date collector. Lot of 6 coins.
Estimated Value $600-700.

Lot 1424
1880-S and 1882. Both grade AU-50. Lot of 2 coins.
Estimated Value $250-275.

Lot 1425 Click on photo for enlarged version Click on photo for enlarged version
1881. 1 over 0. PCGS graded MS-63. One of the finest seen of this rare overdate. PCGS has graded 8 this high, with none graded higher! Note the overdate feature, it can be seen with a glass as many fragments of the 0 are visible around the lower portions of the second 1. Also, note the second 8 of the date is recut, with fragments visible below that digit. In an old PCGS holder with the green insert. Clean fields and plenty of mint bloom add to the appeal of this condition rarity.
Estimated Value $2,500-3,000.

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