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1848 H10C PR66 Cameo NGC....

2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114

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Auction Ended On: Jul 31, 2008
Item Activity: 10 Internet/mail/phone bidders
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Baltimore, MD

Fantastic 1848 Proof Half Dime, PR66 Cameo
The Finest Known
1848 H10C PR66 Cameo NGC. Ex: P. Kaufman. The 1848 proof half dime, from the Louis E. Eliasberg, Sr. Collection, is one of the rarest pieces in the Phil Kaufman collection.
While Al Blythe, in his Liberty Seated Half Dimes reference, estimates that between eight and 12 1848 proof half dimes are extant, the actual number seems to be much smaller, including even the two impounded in the collections of the Smithsonian Institution and the American Numismatic Society. David Akers, in his write-up of the John Jay Pittman collection, estimates only six to eight are known, and NGC and PCGS have seen a mere three coins, including the Kaufman specimen!
The Kaufman 1848 proof half dime is the finest known, and the only one given the Cameo designation. The following roster is based on the auction appearances with plates clear enough to match:

1. PR66 Cameo NGC. The Kaufman coin.
Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 5/1996), lot 968.

2. Gem Proof
. John J. Pittman Collection (David Akers Rare Coins, 10/1997), lot 478.

3. PR64 NGC.
Heritage (3/1998), lot 5655; Richmond Sale, part III (David Lawrence Rare Coins, 3/2005), lot 1089.

4. PR64.
Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 5/1996), lot 969; Bowers and Merena (1/1999), lot 1067.

5. Proof.
American Numismatic Society.

6. Proof.
Smithsonian Institution.

Additional citations:

A. Brilliant Proof.
Winner F. Delp Collection (Stack's, 11/1972), lot 35.

B. Proof.
David Bullowa (5/1952).

The strong field-motif contrast confirms the Cameo designation given the Premium Gem proof from the Phil Kaufman collection. Moreover, the devices are light silver-gray in color, standing out even more from the fields that exhibit soft golden-tan hues. A well executed strike leaves excellent delineation on the design features, further enhancing the already magnificent eye appeal. Both sides are impeccably preserved. We mention a minuscule field mark between star 7 and Liberty's forehead, and another between the rim and star 6 solely for pedigree purposes (indeed, these helped us distinguish this coin from the second half dime in the Eliasberg collection). This is a fantastic coin with a great pedigree!
From The Phil Kaufman Collection of Early Proof Sets, Part Four.(Registry values: P3) (PCGS# 84424)

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