$5.00 - 1877 PCGS EF45

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$5.00 - 1877 PCGS EF45

4,750.00

Date    1877
Grade    PCGS EF45
PCGS Price Guide    3500
Population (PCGS)    5/30
Population (NGC)    7/29
Serial Number    8342.45/81305852
PCGS Lookup Number    8342

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RARE 1877 HALF EAGLE

This issue has a microscopic mintage of 1,132 business strikes and it is likely that as few as 60-70 are known. The 1877 half eagle seems to not have seen extensive circulation as more are known in AU grades than in EF but it is extremely rare in Uncirculated with just three or four known, all in the MS60 to MS62 range.

This piece seems to have AU sharpness but it has been conservatively graded as a result of the usual scattered marks in the surfaces. The color is a deep lime-gold with plenty of dirt hiding in the protected areas.

A PCGS EF45 example of this date has not sold at auction since 2005.

Only the ultra-rare 1875 has a low mintage figure among Philadelphia Liberty Head half eagles and in my opinion, the 1877 is a very under-appreciated issue.

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