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Five-Piece 1950 Proof Set NGC.... (Total: 5 coins)
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Sold on Jan 7, 2010 for:
$1,380.00
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Description
Five-Piece 1950 Proof Set
All Pieces PR66 or Better
Five-Piece 1950 Proof Set NGC. The story of U.S. proof
coinage restarted officially on May 10, 1950. As the July 1950
edition of The Numismatist reports (p. 423): "... President
Truman signed the Bill for the striking and sale of proof coins at
the Philadelphia Mint. At this writing, June 7, they are not yet on
sale nor has the price been decided on. However, our proof makers
are working three shifts and collectors can be assured that there
will be sufficient 1950 proofs to supply the demand." This feverish
production may account for the often-substandard quality of proofs
for the year.Further updates in the August 1950 edition highlighted several changes from the past: rather than being offered as individual pieces, the proofs were offered only as sets of five coins, for $2.10 versus the 91 cents represented by the face value. The 51,386 sets sold more than doubled the most generous possible number of sets sold in 1942, and as future years would prove, enthusiasm for the newly returned proof sets was no fluke.
Cent PR66 Red. The obverse is uniformly pale copper-gold, but the reverse shows more variety. A dot of bright orange appears in the center, and the area of the right wheat stem shows deeper umber color. Great eye appeal.
Nickel PR67. Pale nickel-blue patina overall with the edges partly toned sea-green. Crisply impressed with strong mirrors.
Dime PR67. Lightly toned silver-gray overall with a few streaks of silver-white appearing in the fields. The torch on the reverse assumes a faint golden cast.
Quarter PR67. Bright silver-white reflectivity overall with just a hint of canary-yellow color. A sharply struck and carefully preserved Superb Gem proof.
Half Dollar PR66. Glimpses of violet peripheral toning give way rapidly to near-brilliance. Both portrait and bell are mildly frosted.
From The Boca Collection, Part One.
View all of [The Boca Collection, Part I ]
Auction Info
2010 January Orlando, FL FUN US Coin Auction #1136 (go to Auction Home page)
Auction Dates
January, 2010
6th-10th
Wednesday-Sunday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 1,783
Buyer's Premium per Lot:
15% of the successful bid per lot.
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