1891 $5 --Triple Struck with Reverse Rotation--PR64 Ultra Cameo NGC....

Description

Choice Ultra Cameo Proof 1891 Five
Triple Struck with Reverse Rotation

1891 $5 --Triple Struck with Reverse Rotation--PR64 Ultra Cameo NGC. This rare proof half eagle was struck at least three times by the dies. Of course, all proof Liberty fives were multiple struck, to bring out complete definition. What makes the present piece an error is that the hammer (reverse) die was apparently loose, and rotated a couple of degrees between strikes. The anvil (obverse) was stationary.
As a result, the obverse shows no evidence of a multiple strike, but the reverse has faint rotated impressions from the prior two strikes. These are most apparent above the eagle's right (facing) shoulder, and southwest of the eagle's beak. For the final strike, the dies were close to medal turn.
The devices are fully frosted, and contrast greatly with the darkly mirrored fields. Hair-thin field imperfections near the date, star 10, and the neck curls are all that limit the grade. A mere 53 proofs were struck, and perhaps half that number have survived. The NGC and PCGS population data are undoubtedly inflated by resubmissions over the past 22 years. Census: 4 in 64 Ultra Cameo, 9 finer (1/08).(Registry values: P3)

Coin Index Numbers: (NGC ID# 28CV, PCGS# 98486, GSID# 9259)

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.27oz

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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