Market Analysis: 1867 Coronet $5 half eagle pattern

November 10, 2022 1 min read

Market Analysis: 1867 Coronet $5 half eagle pattern

By Steve Roach , Coin World, Published: Nov 10, 2022, 9 AM

Some coins sell at auction, only to reappear again, and again. But, that doesn’t necessarily speak negatively about the quality of the coin, as seen in this 1867 Coronet $5 half eagle pattern listed as Judd 599 in the pattern reference, graded Proof 66 red and brown by Professional Coin Grading Service and carrying a green Certified Acceptance Corp. sticker.

It was previously offered at Heritage’s January 2021 offering of the Bob Simpson collection where it sold for $16,800 and then presented at Legend’s July 2022 Regency Auction where it sold for $17,500. In New Jersey on Oct. 20 it modestly bested the two recent offerings on its way to $17,625.

The quality is all there on this pattern, sometimes called a “die trial” but more likely struck as a delicacy for collectors by the Philadelphia Mint. These were struck from regular Proof 1867 dies.

This one features “killer original colors of brown/green/gold/pale violet/blue” and Legend writes, “Mother Nature did a special job here.”

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