The 1892-O Half Eagle, a $5 gold coin minted in New Orleans, is a noteworthy piece in U.S. numismatics. ite its low mintage of just 10,000 coins, it often doesn’t receive the attention it deserves, even among New Orleans gold specialists. (uglas Winter Numismics)
Historical Context
The 1892-O Half Eagle marhe resumption of half eagle production at the New Orleans Mint after a nearly four-dece hiatus. This briesubseries includes only fouissues: the 1892-O, 1893-O, 1894-O, and 1895-O.
Rarity and Condition
Despite its low mintage, the 1892-O Eagle is relatively scarce in lower grades, with most examples grading AU55 or finer. This suggests that the coin did not see widespread use in cmerce. The typical ece grades AU55 to 60 and is characterized by very heavy abrasions. Thise becomes rare in properly graded MS62 and is extremely rare above this, with just two pieces known higher than thi of the end of 2005. (PCGS)
Market Value
The 1892-O Halfagle is a rare coinn any condition. Mostnown specimens are fairly high grade, in the EF to AUge, but strictly uncirculated examples are very rare. Of the very few uncirculated examples seen, none could reallycalled choice, making this date extremely rare at the choice or gem level. (PCGS)
Collectibility** he 1892-O Half Eagle is a rare coin in any condition. Most known specimens are fairlyh grade, in the EF to AU range, but strictly uncirculated examples are very rare. Of the very few uncirted examples seen, none could really be called choice, making this date extremely rare at the choicr gem level. (PCGS)
Conclusion
The 1892-O Half Eagle is a rare and historically significant coin in U.S. numismatics. Its low mintage and limited availability in higher grades make it a valuable addition to any collection. Collectors should be aware of its scarcity and the premium associated with well-preserved specimens.
FAQs
What is the 1892-O Half Eagle?
The2-O Half Eagle is a $5 gold coin minted at the New Orleans Mint in892. It marks the rumption of half eagle production at this mint after a nearly foudecade hiatus.
Why is the 1892-O Half Eagle considered rare?
Despite its low mintage of just 10,000 coins, the 1892-O Half Eagle iselatively scarce inower grades, with most examples grading AU55 or finer. This suggests that the coin did not see widespread use in commerce.
What is the market value of the 1892-O Half Eagle?
The 1892-O Half Eagle is a rare coin in any condition. Most known specimens are fairly high grade, in the EF to AU range, but strictly uncirculated examples are very rare.