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Lot
6971

1908 $5

1998 September Long Beach Sale #192

 
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Auction Ended On: Sep 25, 1998
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Description:
Pristine and Original 1908 Matte Proof Half Eagle
1908 PR 66 NGC. Ex: Trompeter. First year of the Pratt Indian head design, only 167 pieces were made according to Charles E. Green (1936). There is evidence that not all the 167 pieces were distributed, and some, in fact, were melted on January 2, 1909 after 100 gold proof sets were assembled. Today, despite a higher mintage, the 1908 does not appear to be significantly more available than other dates of matte proof fives. We would estimate that perhaps 40-55 pieces may still be extant.
This is certainly one of the finest examples known. The surfaces have a uniform, dark matte finish with a granular texture that is pristine and magnificent throughout with no nicks, dents, hairlines, scratches, or shiny spots. A trace of a wire rim can be seen at the upper right of the obverse and around the lower right of the reverse. Little need to be said, or indeed can be said, about the condition of this piece. It is essentially "as made." The only ripple in the fabric of the coin is a tiny lintmark below the end of the stem on the lower right of the reverse. (PCGS# 8539)

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