Home
Newsletter
About Us
Coins For Sale
Selling Your Coins
Coin Collecting
Investing in Coins
Coin Information
Coin Articles
/World Coins
Books, Loupes etc.
Link to Us
Links
Contact Us
   
  Search 
  Sign up for our free NewsLetter
  e-mail: 
  Sign Up 
 


 

 

 

 




HALF EAGLE GOLD COINS

1862 Half Eagle

Please call: 1-800-624-1870
PRINTER FRIENDLY VERSION  |  VIEW LARGER IMAGE
1862 $5
NGC PF65* CAMEO
Inquire SOLD
1862 Half Eagle NGC PR-65CAM * (Ex Twin Maples Collection) - A grand total of 4,430 half eagles were struck for circulation in 1862, creating a major rarity. To this total, 35 proofs can be added, which were specifically struck for collectors during the 2nd year of the civil war.

While circulation strikes are once in a while available, the proof strikings are a major rarity in American coinage. Of the 35 specimens, which were all struck on February 16 of the year, less than a dozen specimens remain to exist, including those forever impounded in institutional collections.

Proof gold coinage, in any grade, is a true highlight of a major collection of US coins. Only a few people have specialized in collecting these special strikings, with the late Ed Trompeter being the only one whose collection came very close to completion. With some issues, such as this one having less than 50 coins struck, this is a major accomplishment.

The civil war had a big influence on the coinage, and use of money in the United States. After 1861, mintages collapsed as silver and gold, and later copper coinage as well were widely hoarded and stopped circulating. This was a direct result of several reasons, including the suspension of specie payments and the need of paying foreign contractors using the few coins that were still in circulation. As a result, only tokens of mainly the cent piece, and paper money circulated throughout both the United States and the Confederate States.

The present coin is one, if not the, finest survivor of the limited proof coinage. Graded Cameo by NGC, the frosty surfaces look very close to Ultra Cameo, which would confirm that this is the finest known example. The population reports are virtually useless, as that indicates that a total of 20 proof 1862 half eagles should be known in all grades. Adding the coins that are in museums, this would make that most of the proof coinage survives in all grades. A highly unlikely, and definite incorrect scenario.

Mark-free surfaces, as can be expected for the grade highlight lustrous surfaces. Given the star designation by NGC for exceptional eye-appeal, we can absolutely not disagree with this. The present opportunity offers a glamorous coin which is the perfect investor coin, or destined to be in the finest set of American proof coinage.

Don't see it here? Tell us what you want Click Here

 



BACK TO INDEX



US Rare Coin Investments 2003 - 2014 U.S. Rare Coin Investments
TERMS  |  LEGAL  |  SITE MAP
 

Have a question? Contact us here

Have a friend who might be interested?
Inform them about us now!
Your E-mail: Your Name: Friend's E-mail: Friend's Name:
Send to a Friend