Purchased at the 1980 Alabama Numismatic Society show.
David Akers (1975/88): The 1927 is similar in overall rarity to the 1926 and can be obtained without much difficulty in MS-65 or lower condition. Gem quality specimens are available from time to time but certainly cannot be found in any great quantity. As with all the Pratt $2.5 and $5 issues, there is a dramatic drop-off in availability above MS-65 condition, and, for all practical purposes, superb quality examples, although they certainly do exist, are virtually unobtainable.
Like the 1926 and the other late Philadelphia Mint issues, the 1927 is usually very well struck with very good lustre and color. The color is similar to the 1926; that is, specimens range from light rose gold to a richer greenish gold. Along with the 1926, this issue is generally the most attractive of the series in high grade.