1
283
bid online at
(800) 978-COIN (2646)
|
Session Four - Tuesday, June 3, 2014 6:00 PM
N
EAR
G
EM
1891-CC $5 L
IBERTY
1848
1891-CC
.
PCGS graded MS-64+ PQ.
CAC Approved
.
A nice frosty coin. A lustrous and satiny specimen with the
outstanding overall appeal of the higher MS64 grade. A
popular date in this very desirable grade. If you have
wished to add a Carson City half eagle to your gold coin
portfolio or US Gold Type Set, the 1891-CC, one of the very
few issues regularly seen at this level, affords the opportu-
nity you have been seeking.
Pop 4; 1 finer in 65
. (
PCGS
# 8378
)
According to the Rusty Goe reference material on Carson
Mint’s coinage, “Without question 1891 was the high-water
mark in half eagle production at the Carson City Mint. Else-
where, the nation’s mints were concentrating on striking
Seated Liberty coins for the final time, as well as silver dol-
lars, gold coins, and minor coinage. If the San Francisco
Mint had not been burdened with dimes and quarters,
chances are Carson City might have coined fewer half
eagles, but as it was, San Francisco employees had their
hands full.”.
Estimated Value .................................... $11,000 - 12,000
N
EAR
G
EM
U
NC
1891-CC $5 L
IBERTY
1849
1891-CC
.
NGC graded MS-64
. A beautiful, frosty and
untoned example. Gold half eagles were minted once again
at Carson City in 1890 after a five-year gap, during which
San Francisco was the primary distributor of $5 gold pieces.
In this year, however, San Francisco switched to minting
dimes, silver dollars and double eagles, with Carson City
supplementing the gold depositors’ demands for half
eagles, eagles, and double eagles. In 1890, almost the
entire output from the fast fading Comstock gold mines was
deposited at the local Carson mint and turned into coins
with a face value of $2.25 million. Naturally, the higher
mintage in 1890 resulted in a higher population extant.
Plentiful supplies of choice Mint State 1890-CC half eagles
are available and for the most part affordable to the mid-
level gold coin collector today.
Pop 60; 15 finer, 7 in
64+, 8 in 65
. (
PCGS # 8378
)
Estimated Value ........................................ $5,000 - 5,250
1850
1891-CC
.
PCGS graded MS-62
. A very attractive example for
the grade, frosty and well struck. Carson City Mint issued this
denomination from 1870 through 1893, with lean coinage totals
most years. 1891 is the exception, when mintage surpassed the
100 thousand level, 103,732 to be precise. "Treasury officials
were faced with distress in 1891, as foreign demand for U.S.
gold coins threatened to deplete reserves to critically low levels,
a crisis which grew worse during the next few years before
beginning to improve," explains Randy Goe. "At the same time,
the Philadelphia Mint was burdened with the task of providing
millions of minor coins. San Francisco was called upon to fill the
insatiable demand for double eagles and the Carson City Mint
was given the responsibility of restocking diminishing reserves
of gold eagles and half eagles." (
PCGS # 8378
)
Estimated Value ..............................................$1,500 - 1,600
1851
1892
.
NGC graded MS-64
. Mostly untoned.
Pop 75; 60
finer
. (
PCGS # 8379
)
Estimated Value ..............................................$1,200 - 1,250
1852
1892
.
PCGS graded MS-63
. Lightly toned, lustrous and
nicely struck. (
PCGS # 8379
)
Estimated Value ................................................... $700 - 750
1853
1892-CC
.
Sharpness of XF, Polished.
Estimated Value ................................................... $250 - 275
