There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
:
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
6264

1867 5C Rays PR64 Cameo NGC. Dannreuther-2....

2013 September 25 - 29 US Coins Signature Auction - Long Beach #1189

 
Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Sep 27, 2013
Item Activity: 7 Internet/mail/phone bidders
493 page views
Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:

1867 With Rays Nickel, PR64 Cameo
Long-Prized Key to the Series
1867 5C Rays PR64 Cameo NGC. Dannreuther-2. Time after time the coin market has overreacted to new discoveries. At one time, Lincoln cents with die breaks (particularly around LIBERTY and IN GOD WE TRUST) were popular, to name but one fad. Occasionally, however, the market reacts with excessive disdain rather than exuberance, as is the case with the proof 1867 With Rays nickels.

Even though the work of John Dannreuther has demonstrated that the 1867 With Rays Shield nickels were restruck and more than 25 of the coins released, the issue remains the rarest in the series nonetheless, as no other date falls below a stated mintage of 600 proof specimens. To a certain extent, the market already had "priced in" empirical information about the number of survivors and adopted an informal norm of assuming more than 25 examples were struck, regardless of what the Mint records said. For now, though, the market remains in a state of overreaction to the news Dannreuther confirmed, making the time right to acquire a well-preserved example before the issue takes its next star turn.

This PR64 Cameo specimen is appreciably contrasted through considerable patina, which ranges from light yellow to green-gold. The devices, which are more heavily frosted on the obverse, have decent strikes when allowances are made for the usual places of weakness, such as the bottom of the shield. Wispy hairlines and a few flyspecks contribute to the grade. Census: 4 in 64 Cameo, 8 finer (8/13).(Registry values: P6) (PCGS# 83818)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

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

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




Videos:
FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
880,799
bidder-members
$974,001,871
sold in the last year
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
Only 5 days left to consign to the 2014 October 8 - 12 PNG New York Invitational Coin Show US Coins Signature Auction - New York!
Learn About Consigning With Us
Top notch. No complaints. Would consider no one else to handle my material.
K.W. ,
Cupertino, CA
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago
2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago
REALIZED $36,100,727
2014 August 8 ANA World and Ancient Coins Platinum Night Auction - Chicago
2014 August 8 ANA World and Ancient Coins Platinum Night Auction - Chicago
REALIZED SO FAR $10,493,377
2014 August 6 ANA Currency Platinum Night Auction - Chicago
2014 August 6 ANA Currency Platinum Night Auction - Chicago
REALIZED $2,960,604