1889 Five Franc PCGS MS66

$5,000.00

The 1889, along with five or six other laureate head dates are considered to be “type” coins for collector purposes.  That does not mean they are easy.

 

The best way of describing their difficulty is to take a look at Seated Dollars.  Type seated dollars, 1860-O and 1872 lets say for purposes of investigation, have mint state populations in the mid to low hundreds respectively.  A gem of either date becomes much more rare, and would require an investment of 40-50K for either date.  A MS64 example will cost you 4-8K and can be found with relatively little difficulty.

 

There is of course a lower reporting in the population of many foreign coins, but I see more and more of the world populations grow while these Swiss Five Francs stay nearly constant.  This particular coin is a luster bomb with a population of 3 in 66 and one graded higher.  Bottom line:  These coins are unbelievably rare and difficult and represent, I think, a strong opportunity to put away a choice piece that has tremendous upside.

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