1876 $5.00 NGC AU55 CAC

With a mintage of just 1,432 coins, the 1876 half eagle is a very scarce issue in all grades. What is interesting about this date is its grade distribution. When available, the 1876 either tends to come very worn and very ugly or very nice (MS62 to MS65). It is sometimes available in high grades due to a small group of five or six pieces that was found a few years ago and, in fact, a nice PCGS MS62+ from this source just sold at the Stack's Bowers 2012 ANA auction for $16,450. The present example has a look that is seldom found on circulated 1876 half eagles: one that is totally original with deep natural green-gold and rose hues on the obverse and the reverse. The surfaces are very clean with just a few tiny scattered marks; a tiny obverse rim bump at 11:00 is barely visible. After years of neglect, coins such as this are becoming appreciated for their rarity and the 1876 is among the rarer half eagles ever produced at the Philadelphia mint.

This is currently the only 1876 half eagle in any grade that has been approved by CAC.