Philadelphia and San Francisco gold coins from the Civil War reconstruction era (1866-1878)
1867 $5 Motto

Owner Comments:

Only 6,870 examples of this date were minted and the survival rate is even lower than one might expect for a Reconstruction Era gold coin. I believe there are fewer than 100 known in all grades and this is confirmed by the fact that there are just 34 graded at PCGS and another 53 at NGC (that’s 87 “grading events” which could translate to as few as 40-50 distinct coins). This slightly reflective example has typical surfaces for the issue but it lacks any of the deep, poorly situated marks that characterize most higher graded 1867 half eagles. The color is a light rose gold and there are vestiges of dirt in the protected areas of the reverse. The last 1867 half eagle in AU55 to sell was Heritage 2011 FUN: 6915 (slabbed by NGC) which was extensively abraded and inferior to this piece; it sold for $3,594. For under $4,000, this is a fantastic value as it is not far removed from the Condition Census and it is a legitimately rare coin in this grade.