New Gold Coin 1872 5.00 PCGS AU-55 CAC

semikeycollector

I feel very lucky to have found this $5 Gold piece. I've been studying 2.50 thru 10.00 during the pandemic. Looking for something very scarce, but nice. Much of what I've learned was from Doug Winter's website.

The 1872 has 31 total graded at PCGS and 28 at NGC. There are 5 CACs. Mintage 1660.

Downtown1974

Spectacular!!!

pcgscacgold

Neat coin. I really like the $5 Libs.

breakdown

Great look. No major distracting marks. Seems like a wholesome, attractive example of an undervalued date. If you bought it out of the DLRC auction, I think you did very well.

Smudge

Affordable low mintage, few survivors and gold. I like that way of collecting.

Crusty

Semikey- Nice pick up. So many tough coins in the $5 lib series. Congrats..... Are you done with Seated Dollars or are you just expanding?

ricko

Nice gold coin and looks properly graded. Gold coins can be addicting.... I know from experience. Cheers, RickO

291fifth

A nice lower mintage $5 Liberty. An AU55 grade seems high to me. I would grade it as AU50.

semikeycollector

@Downtown1974 said:
Spectacular!!!

Thank you Downtown!

semikeycollector

@pcgscacgold said:
Neat coin. I really like the $5 Libs.

Thanks pcgscacgold!

semikeycollector

@breakdown said:
Great look. No major distracting marks. Seems like a wholesome, attractive example of an undervalued date. If you bought it out of the DLRC auction, I think you did very well.

Hi Breakdown,
It was from from DLRC! I paid a bit more than the auction last year for it, but felt it was worth it.

Hydrant

Looks like you found what you were looking for. Very nice!

semikeycollector

@Smudge said:
Affordable low mintage, few survivors and gold. I like that way of collecting.

We're on the same page Smudge! Thanks!

semikeycollector

@Crusty said:
Semikey- Nice pick up. So many tough coins in the $5 lib series. Congrats..... Are you done with Seated Dollars or are you just expanding?

Hey Crusty,

I ended up selling off my 1855 and 1856 dollars to get this one. I still have the 1854 and 1871-cc. I may sell them for scarce gold like this. For the Seated Dollars, I only wanted the 1857 and 1861 thru 1863 and then I would have been done ... and then the gold bug hit.

I have pretty limited funds, so will end up with just a hand full of gold coins anyway. Will likely start to sell most things off in 10 years, when I reach my early 70's (hopefully) so family has cash instead of coins. So just enjoying different types of coins. It's feels strange to consider and end game. Would still have some coins, when older just less.

I may even sell of my completed Seated Dime set, in a few years to make more purchases.

Thanks for asking!

semikeycollector

@ricko said:
Nice gold coin and looks properly graded. Gold coins can be addicting.... I know from experience. Cheers, RickO

Thanks Ricko, they are feeling addicting!

semikeycollector

@291fifth said:
A nice lower mintage $5 Liberty. An AU55 grade seems high to me. I would grade it as AU50.

Hi 291fifth,

Your grading assessment is an interesting opinion. The strike on her hair is not full, also some AU55 coins have more flash. One interesting thing that I've learned is due to the low mintage, the protected areas are prooflike as opposed to flashy, Honestly I'm new to gold, have a lot to learn.

semikeycollector

@Hydrant said:
Looks like you found what you were looking for. Very nice!

Thanks Hydrant. You have the best picture for your ID! Adorable!

winesteven

@semikeycollector said “The 1872 has 31 total graded at PCGS and 28 at NGC. There are 5 CACs.”

What some readers may have glossed over is exactly what you said - those figures are for ALL GRADES COMBINED of the 1872 Half Eagle, NOT data for just those graded AU55.

Fantastic pickup! So very typical that only a low percentage (less than 10%) merit a CAC. You’d figure at this price point, combined with the pricing differential for those with CAC’s vs. those without CAC’s, that most of the others have already been submitted to CAC.

Congratulations! Quite a VERY special coin!

skier07

That’s an old friend of mine and the coin looks much better in hand than the pictures with nice proof like surfaces. Congrats!

SSR

great date!

semikeycollector

@winesteven said:
@semikeycollector said “The 1872 has 31 total graded at PCGS and 28 at NGC. There are 5 CACs.”

What some readers may have glossed over is exactly what you said - those figures are for ALL GRADES COMBINED of the 1872 Half Eagle, NOT data for just those graded AU55.

Fantastic pickup! So very typical that only a low percentage (less than 10%) merit a CAC. You’d figure at this price point, combined with the pricing differential for those with CAC’s vs. those without CAC’s, that most of the others have already been submitted to CAC.

Congratulations! Quite a VERY special coin!

Thank you Winesteven! I evaluated 100's of gold coins in the past months and was looking a coin with these types of numbers. I agree with what you say about CAC. That was icing on the cake, but going forward will see it as a lot more than icing.

semikeycollector

@skier07 said:
That’s an old friend of mine and the coin looks much better in hand than the pictures with nice proof like surfaces. Congrats!

Skier07- that is great to hear! Will have it paid off soon and in hand. This means we have friends in common!

semikeycollector

@SSR said:
great date!

Thanks SSR! I look on your site also and see quality gold coins.

tommy44

Your grading assessment is an interesting opinion. The strike on her hair is not full, also some AU55 coins have more flash. One interesting thing that I've learned is due to the low mintage, the protected areas are prooflike as opposed to flashy, Honestly I'm new to gold, have a lot to learn.

I think you're correct about the protected areas looking proof like, that characteristic probably doesn't disappear until after several thousand strikes. I have a MS53 that looks very similar in the protected areas.

Your coin is definitely a keeper, I like it a lot. The $5 Liberty is my favorite series and can be very addictive. It was minted for 70 years and is the only series minted at all 7 classic US mints. Lots of different ways to collect the series.

Gazes

@semikeycollector said:

@291fifth said:
A nice lower mintage $5 Liberty. An AU55 grade seems high to me. I would grade it as AU50.

Hi 291fifth,

Your grading assessment is an interesting opinion. The strike on her hair is not full, also some AU55 coins have more flash. One interesting thing that I've learned is due to the low mintage, the protected areas are prooflike as opposed to flashy, Honestly I'm new to gold, have a lot to learn.

Great coin! It sounds like your moving in an exciting direction for your collection. As for the grade, CAC is super tough on coins like this---if it is stickered it is highly unlikely that it is overgraded. Congrats on the coin.

crazyhounddog

I can say, without question, I find your new gold piece very attractive and for the grade I also just love the surfaces, especially on the reverse.
Very well done👍👍

ThreeCentSilverFL

Nice pickup.

Catbert

Wow. Owning a circulated coin with just 1660 minted. I think this is cool by itself despite one that has the eye appeal represented and referenced. Good for you!

Nysoto

Excellent coin.

oreville

@291fifth said:
A nice lower mintage $5 Liberty. An AU55 grade seems high to me. I would grade it as AU50.

I agree with this assessment. But JA seems to know more than all of us combined.
Still a nice looking coin given how scarce they are without issues.

Wahoo554

Awesome coin. I love the rarity. Very nice looking piece.

skier07

My pictures which don’t really capture the beauty of the coin but more accurately depict the coin than DL’s.

brianc1959

That's an incredible and rare coin - congratulations!

semikeycollector

@skier07 said:
My pictures which don’t really capture the beauty of the coin but more accurately depict the coin than DL’s.

Hi Skier07,

Thank you! I love these pictures. Do not have the coin in hand yet, but using your pictures to do a presentation at my local coin club by Zoom. I am very excited to receive this coin and thank you for enhancing this whole experience!

semikeycollector

@oreville said:

@291fifth said:
A nice lower mintage $5 Liberty. An AU55 grade seems high to me. I would grade it as AU50.

I agree with this assessment. But JA seems to know more than all of us combined.
Still a nice looking coin given how scarce they are without issues.

Thanks for the assessment Oreville. I don't know if new pic changes your impressions at all.> @Wahoo554 said:

Awesome coin. I love the rarity. Very nice looking piece.

@Wahoo554 said:
Awesome coin. I love the rarity. Very nice looking piece.

Thanks Wahoo, the new pic is real nice!

semikeycollector

@brianc1959 said:
That's an incredible and rare coin - congratulations!

Thanks Brianc1959! We be of the same vintage!

semikeycollector

@Nysoto said:
Excellent coin.

Thanks Nysoto! Interesting user name!