ON HOLD - $5.00 - 1876 NGC AU55 CAC
ON HOLD - $5.00 - 1876 NGC AU55 CAC
Date…….1876
Grade…….NGC AU55 CAC
PCGS Price Guide.…………12500
CDN Greysheet/CPG.….…9000
Population (PCGS)..….…..…5/14
Population (NGC)..…………..6/12
Population (CAC).…...….……3/3
Serial Number…….4132741-001
PCGS Lookup Number…….8339
RARE NGC AU55 1876 HALF EAGLE WITH CAC APPROVAL
This popular Centennial issue has a comically low mintage of just 1,432 business strikes with as few as 50-60 known in all grades. In properly graded AU, the 1876 half eagle is very rare with most showing excessive marks. Curiously, there are some MS63 to MS65 pieces known and these are likely from a small group put away at the time of issuance.
This is a very choice example with natural deep russet color seen over surfaces with far fewer marks than usual for the issue. I have handled many circulated 1876 half eagles and this is probably the nicest, given its pristine original appearance.
In their 2021 ANA sale, Stack’s Bowers sold a PCGS/CAC AU55 1876 $5 for $10,800. That coin showed more luster but was more abraded and was less natural than the coin I am offering here.
This date seems undervalued to me, especially when one considers the levels attained by comparable examples of its bigger brother, the 1876-P eagle.
CAC has approved three in AU55 with three finer.
