SOLD – $5.00 – 1874-S NGC AU53 CAC

1874S_5_N53_CAC.jpg
1874S_5_N53_CAC.jpg
sold out

SOLD – $5.00 – 1874-S NGC AU53 CAC

3,750.00

Serial Number 3815070-020

PCGS Lookup Number 8335

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The 1874-S is a very underrated San Francisco half eagle with an estimated surviving population of 125-150 coins from an original mintage of 16,000. It is unknown in Uncirculated and there are likely no more than 12-15 properly graded AU’s accounted for, mostly in the 50-53 range and nearly always bright and baggy.

This medium green-gold and orange example hasn’t been brightened unlike most of its counterparts and it has the “meat” of a full 55 coin but has too many small ticks in the obverse fields to qualify as such. As on all known 1874-S half eagles, this piece has a small and lightly impressed mintmark.

Only three AU53′s have sold at auction since 2008 and none have been CAC approved.

At less than $4,000, this seems like excellent value to me.

CAC has approved three in this grade with two finer (AU55 and AU58).