Grade PCGS EF45
PCGS Price Guide 8500
Population (PCGS) 10/22
Population (NGC) 9/39
Serial Number 8296.45/5459738
PCGS Lookup Number 8296
RARE 1864 HALF EAGLE
Only 4,170 business strike 1864 half eagles were made and this date is rare in all grades with an estimated 55-65 known in total. Most 1864 half eagles were melted and the surviving examples tend to be very abraded EF45 to AU55 coins with minimal eye appeal.
This piece is housed in an older blue-label holder with no barcode on the front. It has the detail of a full AU50 to AU53 and while there are some scuffs in the fields the surfaces are actually fairly choice for the issue. Most importantly, this piece hasn't been scrubbed as have most 1864 half eagles and it has good overall eye appeal for the grade.
No 1864 half eagles in PCGS EF45 have sold at auction since April 2011. In the Heritage 2016 ANA sale, a PCGS EF40 example in an old holder (cleaned and recolored) brought $8,225 and in February 2017, Heritage sold a not especially choice PCGS AU50 for $11,750.
While formerly available from time to time, ever since collecting Civil War gold became popular, availability of this date has all but dried-up.