Every so often, a coin turns out to be a lot tougher than might originally be expected. That could safely be the case with the 1865-S gold half eagle. With a mintage of 27,612, we might well expect the 1865-S to be better – and it is. But even its $20,000 MS-60 price listing may not really give an accurate picture of just how tough the 1865-S really is in Mint State.
To fully understand the 1865-S, we need to go back and take a look at the situation in 1865. There had been a suspension of specie payments during the Civil War and for all practical purposes, at least in the…
Full Article: Lack of Collectors Makes 1865-S Valuable – NumisMaster
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