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Lot
7499

1913 $5

1994 ANA Sale #122

 
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Auction Ended On: Jul 29, 1994
Item Activity: 1 Internet/mail/phone bidders
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Location: Detroit, MI
Description:
PCGS 1913 PR 67. Only 99 proofs were reportedly struck in this year, and of course, far fewer survive today. Most authorities assert that some two dozen pieces of this date are still extant, but we believe the actual number may be somewhere in the range of 30-45 coins. It is worth noting that when Akers compiled the data for his magnum opus on the half eagle series he only recorded 18 appearances over a 37-year period, and when Breen published his 1977 book on proof coinage he was unable to find any recent auction records.
The 1913 continues the same matte or sandblast finish of proofing with the surface texture of this piece virtually identical to the preceding 1912. The surfaces of this piece have a markedly different color from the previous year, however, with a subdued green-gold predominant and a nicely contrasting orange-rose on the neck of the Native American. After close scrutiny we have finally found why this breathtaking coin did not grade even higher: when tilted just so, there is a short mark in the reverse field between (P)LURIBUS and (U)NITED, and there are also a couple of microscopic marks around the legs of the eagle. These are minute flaws, however, and we seriously doubt that they can be observed by the unaided eye, but we do feel obliged to point them out for the sake of accuracy. Needless to say, the eye appeal of this magnificent coin is unaffected by these trivial concerns.
This is the only Proof 67 certified by either of the major services according to the June data and as such it stands as the finest known example of this rare date. It has been ten years since the last complete collection of matte proof gold was sold onto the market. How long will it be before another set is offered again? (PCGS# 8544)

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