$5.00 - 1851-O PCGS MS62

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$5.00 - 1851-O PCGS MS62

17,500.00

Date…….1846-O
Grade…….PCGS AU50
PCGS Price Guide……...18500
Population (PCGS)…….2/2
Population (NGC)……...1/0
Serial Number…….8249.62/18214895
PCGS Lookup Number…….8249

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IMPORTANT CONDITION CENSUS 1851-O $5, GRADED MS62 BY PCGS

Variety 2.

The 1851-O half eagle is a rarity in Uncirculated with just seven or eight known. The finest is a PCGS MS64 which realized $63,250 in its only auction appearance (2005). There is a single coin known in PCGS MS63 and a pair in MS62 of which this is, obviously, one.

This piece is from a small group of exceptional half eagles marketed as The Milford Collection and later sold at auction in the 2011 FUN sale. All of these coins were notable for their lovely natural appearance and this 1851-O half eagle is no exception, with its 100% natural frosty surfaces and lovely natural orange-gold color. As on all known examples of this date, the strike is weak on the upper curls but the overall detail is sharper than normal. There is an unusual mint-made planchet flaw which runs from the dentils at 7:00 into the 1 and the 8 in the date. This is shallow and it doesn’t detract from the overall exceptional look of this coin.

The only other known PCGS MS62 1851-O half eagle is a coin which I paid $18,800 for as Heritage 2013 FUN: 5879; it was approved by CAC.

There are just a small number of high grade 1851-O half eagles known and this important example represents possibly the only opportunity to acquire a Condition Census piece.

From the Cajun Collection Part I, and ex Heritage 1/11: 5113 ($18,400), Milford Collection.