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1902-S FIVE DOLLARS
OR HALF EAGLE

PCGS No: 8406

Mintage:

Circulation strikes: 939,000
Proofs: 0

Designer: Christian Gobrecht

Diameter: ±21.65 millimeters

Metal content:
Gold - 90%
Other - 10%

Weight: 129 grains (8.24 grams)

Edge: Reeded

Mintmark: "S" (for San Francisco, CA) below the eagle on the reverse

Significant examples:
PCGS MS-68.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", October 2-3, 2000, Lot 958, sold for $23,000.00, where it was described (in part) as follows: "One of the highest graded coins of the entire series of half eagles, this stunning and nearly perfect 1902-S defies the imagination. The surfaces are so pristine, so nearly perfect, that it was awarded one of the highest grades given to any half eagle. Mint State 68. Amazing. This is no modern commemorative piece which was shipped from the mint in a custom plastic holder, it was just an average half eagle that somehow survived in absolutely pristine condition. The coin has acquired light coppery toning over the years and retains its full luster in the fields. A glass fails to find fault, and the strike, of course, is full and complete.
Turning to the PCGS Population Report, we note that this is the only coin graded as such for the date, but remarkably there is a higher graded coin, yes there is a Mint State 69 of this date! Nevertheless, this is one of the very finest half eagles to survive of any date, and certain to please a discriminating collector. This does not appear to be the Eliasberg coin, and it certainly stands on its own merits."

Recent appearances:
PCGS MS-65.  Ex – American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 731, illustrated, sold for $2,185.00  From the Luther A. Breck Collection

PCGS MS-63.  Ex- Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 7646, not illustrated, not sold

NGC MS-63.  Ex - Bowers and Merena Galleries' Robert W. Schwan Collection Sale, October 26-27, 2000, Lot 2393, unsold

PCGS MS-63.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", October 2-3, 2000, Lot 959, sold for $402.00

NGC MS-63.  Ex - Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part III", May 21, 2001, Lot 247, not illustrated, sold for $575.00

ANACS MS-62 Prooflike.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 1444, not illustrated, sold for $575.00

PCGS MS-62.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 1445, not illustrated, sold for $265.00

Strong AU.  Ex - Stack's "The University of Notre Dame Sale", March 20-21, 2001, Lot 1165, not plated, sold for $138.00

Notes:
The finest example graded by PCGS is a single MS-69.

Sources and/or recommended reading:
"Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins" by Walter Breen

"The PCGS Population Report, July 2003" by The Professional Coin Grading Service