SOLD - $5.00 – 1866-S Motto PCGS AU55 CAC

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SOLD - $5.00 – 1866-S Motto PCGS AU55 CAC

11,500.00

Date    1866-S
Grade    PCGS AU55
PCGS Price Guide    12000
Population (PCGS)    2/4
Population (NGC)    6/3
Population (CAC)    1/0
Serial Number    8312.55/83684680
PCGS Lookup Number    8312

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ONE OF THE FINEST KNOWN 1866-S MOTTO HALF EAGLES

Varieties of 1866-S half eagles are known Without and With the motto IN GOD WE TRUST. Due to its comparatively high mintage, the With Motto variety doesn't receive the attention which befits its low mintage counterpart. However, the With Motto issue is rare (under 100 exist in all)  and it appears to be unique in Uncirculated (a PCGS MS61).

This fresh-to-the-market example is one of the two finest 1866-S With Motto half eagles that I have handled. It is well detailed and lustrous with natural rose and light russet color covering barely worn surfaces. A few small ticks are seen in the left obverse field but this piece is exceptionally clean for the issue.

No PCGS example has ever appeared at auction in grades higher than AU53 and the last NGC AU55 to be auctioned was back in July 2004.

This is a historically significant issue and a condition rarity as well which will grace an important collection of Liberty Head half eagles.

CAC has approved one in this grade with none finer. The next highest grade with CAC approval is EF45.