Price: 750.00 - SOLD - 3/19/2013* Free Shipping and Insurance for coins at $10K or above.
1888 Half Eagle NGC MS61 CAC - 1888 $5 NGC MS61 CAC. Subdued mint luster is found within the devices of this attractive, Mint State 1888 Half Eagle. The strike is strong with full details on the centers of the stars, Libertys hair, the eagles neck, and the area to the lower left of the shield. The surfaces are original and clean for the grade with no abrasion marks worthy of individual mention aside from a small tick on Libertys chin. The CAC sticker indicates that the coin is a premium quality piece that fully merits the grade assigned.
Christian Gobrecht designed the Liberty Head or Coronet half eagle. The coin shows Liberty facing left in profile wearing a LIBERTY inscribed coronet with her hair tied in the back with beads. Two long curls hang down her neck, one in the back and the other on the side. She is surrounded with thirteen six-pointed stars. The date is below the truncation, which shows no drapery. The motif is taken from a Benjamin West painting of Venus. It was also used with modifications for the Large Cents of 1839. The reverse shows a heraldic eagle with outstretched wing looking to the left. On its chest is the Union shield. In its talons it holds the olive branch and arrows. Except for the tips of the eagles wings UNITED STATES OF AMERICA surrounds the reverse, separated from the denomination FIVE D. by dots. Dentils are near the edge on both sides of the coin, and the edge is reeded. Type 2 was created when the motto IN GOD WE TRUST was added to a banner designed by James B. Longacre above the eagle in 1866. The change was made in response to pressure organized by the Reverend M.R. Watkinson.
Both before and during the Civil War almost a dozen Protestant denominations pressured Congress to add references to God to the Constitution and other government documents. Reverend Mark Richards Watkinson was the first to write to Treasury Secretary Salmon Chase to request that Gods name be added to our coinage. His suggestion for a motto was God, Liberty, Law. Chase ordered Mint Director James Pollock to prepare a suitable motto. Pollocks suggestions included Our Trust Is In God, Our God And Our Country, and God Our Trust. Then Chase decided on In God We Trust to be added to most of the nations coinage. This motto was a subtle reminder that the North considered itself on the side of God with regard to the issue of slavery. A new law was required to allow the motto to be added since previous acts of Congress specified the mottos and devices that were permitted on coins. The new motto was placed on all coins that were deemed large enough to accommodate it.
In its population report, NGC shows 42 1888 half eagle certified in MS61 condition. At CAC, as of March 2013, the present coin is tied for the second finest known. In MS61 there are 2 confirmed with 1 better.
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