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Lot
8259

1912 $5

2001 F.U.N. Signature Sale #244

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Auction Ended On: Jan 5, 2001
Item Activity: 3 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Stunning 1912 Indian Five, PR 67 PCGS
1912 $5 PR 67 PCGS. This fresh coin is sure to elicit strong bids from discerning specialists. The surfaces display a clean honey-gold appearance that is anything but common for a delicate matte proof gold coin. Under a loupe, one can see thousands of sparkling granules, but the surfaces are devoid of even the most trivial hairline or contact mark. The strike is full in all areas, and the eye appeal is superior for this often poorly preserved type. Simply put, this is an amazing Superb Gem.
We believe that only 25-40 proof 1912 half eagles are extant from an original mintage of 144 pieces. A few of these coins are impaired, and truly pristine examples are seldom available at any price. NGC and PCGS report nine coins in PR 67 (how many are resubmissions?), with a single PR 68 NGC specimen finer (7/00). The latter coin notwithstanding, we have no hesitations about calling this specimen one of the finest matte proof 1912 half eagles extant.
From the Richard Allen Collection. (PCGS# 8543)

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