Heritage World Coin Auctions
FUN Signature US Coin Sale 1251 4-6 & 8-9 Jan 2017
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Indian Half Eagles
1929 $5 MS64+ PCGS. CAC. After an intermission of 13 years since the last half eagles were coined at San Francisco in 1916, the Philadelphia Mint coined 662,000 half eagles in 1929, but most of those were melted during the 1930s. The few that survive today were acquired by collectors at the time of issue.
The 1929 half eagle is rarely encountered in circulated grades as the issue did not circulate, and most of the mintage sat in Mint or treasury vaults. PCGS and NGC have combined to certify 570 examples, including a likely considerable number of resubmissions. The average grade of those 570 submissions is just MS62, with individual pieces ranging from XF40 to MS65. Less than 10% of the combined population are for grades below MS60.
The Set Registry collector will find few opportunities to acquire an equal or finer example. PCGS has certified nine of these in MS64+ and 10 in MS65, and again, those pieces include resubmissions (11/16). Auction records at PCGS Coin Facts show just five appearances of an MS65 example over the last 17 years. Our firm has sold just three MS65 pieces in 24 years since we began our Permanent Auction Archives.
This nicely detailed near-Gem 1929 Indian half eagle exhibits delicate and beautiful rose and blue toning on its frosty yellow-gold surfaces, creating exceptional eye appeal. Scattered surface marks on each side, preventing a higher grade, are only evident when magnified. While not boldly defined, the design definition is well above average for the issue. This lovely half eagle provides the collector with a nice balance between price and quality.
1929 $5 MS64+ PCGS. CAC. After an intermission of 13 years since the last half eagles were coined at San Francisco in 1916, the Philadelphia Mint coined 662,000 half eagles in 1929, but most of those were melted during the 1930s. The few that survive today were acquired by collectors at the time of issue.
The 1929 half eagle is rarely encountered in circulated grades as the issue did not circulate, and most of the mintage sat in Mint or treasury vaults. PCGS and NGC have combined to certify 570 examples, including a likely considerable number of resubmissions. The average grade of those 570 submissions is just MS62, with individual pieces ranging from XF40 to MS65. Less than 10% of the combined population are for grades below MS60.
The Set Registry collector will find few opportunities to acquire an equal or finer example. PCGS has certified nine of these in MS64+ and 10 in MS65, and again, those pieces include resubmissions (11/16). Auction records at PCGS Coin Facts show just five appearances of an MS65 example over the last 17 years. Our firm has sold just three MS65 pieces in 24 years since we began our Permanent Auction Archives.
This nicely detailed near-Gem 1929 Indian half eagle exhibits delicate and beautiful rose and blue toning on its frosty yellow-gold surfaces, creating exceptional eye appeal. Scattered surface marks on each side, preventing a higher grade, are only evident when magnified. While not boldly defined, the design definition is well above average for the issue. This lovely half eagle provides the collector with a nice balance between price and quality.