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Lot 3454

Image Information

Type Coin
Title Lot 3454
Date 1868
Side obverse
Grade 63
Service NGC
Service Catalog # 60878
Denomination $5
Description 1868 $5 Five Dollar, Judd-660, Pollock-733, Low R.7, PR63 NGC. The regular dies for the Liberty Head half eagle of 1868 were used to strike this aluminum pattern with a reeded edge. Only seven examples are certified between NGC and PCGS combined, including likely duplications. A trio of small marks in the left obverse field near star 4 can be used for future pedigree identification of this important pattern issue. The surfaces are pleasing overall and show quite a bold strike throughout both sides, although the excellent detailing is most immediately perceptible on the eagle's wings and feathers. This piece is in the same grade as the example in John Jay Pittman's 1868 aluminum set (incomplete, and not originally part of a complete group of 16 pieces) offered as lot 793 by David Akers in Part One of the Pittman Collection, October 1997, where it brought a modest $4,950. We find no other auction appearances between then and now. Census: 1 in 63+, 2 finer (8/14). Part of a complete 16-piece aluminum proof set. Ex: Treasury Secretary Hugh McCulloch (circa 1868); McCulloch family; Eric Newman; Eric P. Newman Numismatic Education Society. Realized $8225.00. Description courtesy of Heritage Auctions.

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