SOLD - $5.00 - 1847-O PCGS VF25 CAC

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SOLD - $5.00 - 1847-O PCGS VF25 CAC

4,750.00

Date       1847-O
Grade       PCGS VF25 CAC
PCGS Price Guide      5000
Population (PCGS)       3/39
Population (NGC)       3/38
Population (CAC)       3/7
Serial Number       8235.25/33914007
PCGS Lookup Number       8235

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RARE CAC APPROVED COLLECTOR GRADE 1847-O HALF EAGLE

The 1847-O is the rarest New Orleans half eagle and in terms of overall rarity it compares favorably to the rarest half eagles from Charlotte and Dahlonega. Only 12,000 were struck and around 50-60 exist with just a handful displaying positive overall eye appeal.

This piece is well-worn but it is delightfully free of problems and is evenly balanced. The color is a pleasing medium green-gold and the surfaces are finer than normal for the issue.

Heritage sold a much inferior non-CAC example in PCGS VF25 for $3,995 as 9/16: 4636 and an NGC VF25 with CAC approval realized $4,406 as Heritage 6/13: 5707.

This is by far the best available quality for this date at under $5,000 and it represents an opportunity to acquire a nice example of a truly rare New Orleans half eagle.

CAC has approved 3 in this grade with 7 finer.