1908 $5 PR66 PCGS. Absolutely stunning quality in a matte ...

Description

Superlative 1908 Matte Proof Indian Half Eagle

1908 $5 PR66 PCGS. Absolutely stunning quality in a matte proof gold coin--the surfaces appear to be perfectly preserved. There is a shallow depression on the reverse behind the eagle's head, but this appears to have been struck into the coin as matte granules overlay this thread-like "defect." Otherwise, we see no shiny spots or abrasions on either side.
Always popular as the first year of issue, it is reported that 167 proofs were struck of the 1908 half eagle. However, it is not clear that all these were distributed; and in fact, it is certain that an unspecified number were melted on January 2, 1909 after 100 gold proof sets were assembled. Despite the relatively high mintage and number of proof sets assembled, the 1908 five dollar does not appear to be significantly more available than other dates in the series. We estimate that perhaps 40-55 pieces may still be extant in all grades. Of that number few can rival the technical preservation and overall eye appeal of this magnificent coin. Population: 12 in 66, 2 finer (3/04).(#8539) (Registry values: N7079)

Coin Index Numbers: (NGC ID# 28E3, PCGS# 8539, GSID# 9332)

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.24188oz
Mintage: 167

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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