Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

Finest Known 1873 Proof Half Eagle, PR65, Ex: Garrett

1873 $5 Closed 3 PR65 Deep Cameo NGC. Ex: Garrett. Early in 1873 it was noticed that the knobs on the 3 in the date made the date appear to be 1878 rather than 1873. As a result, the knobs were attenuated giving the date the proper appearance of 1873. However, many denominations had already been struck with the so-called Closed 3 date logotype, and in fact, certain issues were only struck with the Closed 3 in the date. In 1960, the research in this area was published by the late Harry X Boosel in his cleverly titled book 1873-1873.
Only 25 proof half eagles were struck in 1873, all of the Closed 3 date variant. But one has to wonder if all 25 pieces were actually distributed to collectors as so few are known today. Only 9-12 individual proofs are actually believed extant as recognizable proofs. This particular piece appears to have been purchased directly from the Mint in 1873 by Foster Ely of Elyria, Ohio, according to correspondence in Appendix I of the Garrett I Auction. The fields are exceptionally deep in their mirrored reflectivity and close examination reveals the familiar rippling, orange-peel effect commonly encountered on proof gold from the 1870s and 1880s. Standing in stark contrast to the mirrored fields are the thickly frosted devices, the combination of each giving the coin a pronounced cameo effect. For pedigree purposes, we note a tiny planchet flake out of the field above the E in FIVE on the reverse. It was this tiny defect that convinced us this is the same coin that was in the 1998 FUN Auction. Exceptional quality and rarity combined in one amazing coin.
Presumably obtained from the U.S. Mint by Foster Ely of Elyria, Ohio in 1873; W. Elliot Woodward; T. Harrison Garrett; Garrett I (Bowers and Ruddy, 11/79), lot 485, where it brought $21,000; 1998 FUN Sale (Heritage, 1/98), lot 7847, where it realized $37,500.(#98468) (Registry values: P4) (NGC ID# 28CA, PCGS# 98468)

Service and Handling Description: Coin/Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
May, 2005
4th-7th
Internet/Mail/Phone Bidders: 5
Members Tracking: N/A
Page Views: 277

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

941,099
bidder-members
$883,430,746
sold in the last year

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 

Consignments wanted

Consign to the 2015 December 10 - 12 World Coins Signature Auction - Hong Kong.

Learn about consigning with us

Your individual attention and service has been of the very highest caliber.
S.J. Witte
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $8,308,723
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,503,481
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191

© 2015 Heritage Auctions | All Rights Reserved