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Lot
8715

1912 $5 PR65 NGC....

2005 February Long Beach Signature Sale #366

 
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Auction Ended On: Feb 25, 2005
Item Activity: 6 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Gem Matte Proof 1912 Five Dollar Gold
1912 $5 PR65 NGC. The Philadelphia mint reported 144 proof Half Eagles were minted in this year, but as expected, the number of survivors is far fewer than one might imagine from the mintage. Some catalogers in the past have claimed that perhaps as few as 15 separate pieces exist today, but we are convinced a larger number are actually extant, with perhaps as many as 40-50 pieces known. One can easily speculate that some were also melted in the mint or entered circulation.
This is a fine looking matte proof that, when closely examined, shows thousands of tiny, sparkling granules. There are very few out-of-mint blemishes, the most obvious being a few scattered shiny spots that are confined to the reverse. While the texture of the surfaces is very similar to dates that precede and follow this one, the color is quite different with less of a green hue and a touch of red apparent. A pleasing example of this rare date.(#8543) (Registry values: N7079) (PCGS# 8543)

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