There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Lot
5157

1867 5C Rays PR65 Cameo PCGS. CAC. Dannreuther-1, ...

2014 January 8 - 12 FUN US Coin Signature Auction - Orlando #1201

 
Sold for: Sign-in or Join (free & quick)
View Similar Items Available Now
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jan 9, 2014
Item Activity: 9 Internet/mail/phone bidders
396 page views
Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:

1867 With Rays Shield Nickel, PR65 Cameo
Dannreuther-1, Brilliant and Rare
1867 5C Rays PR65 Cameo PCGS. CAC. Dannreuther-1, Reverse Die State b. The 1867 Rays proof nickel has been recognized as a major 19th century rarity for many years. Recent (2007) in-depth research published by John Dannreuther gave diagnostics and a plausible emission sequence regarding original and restrike coins, and announced the discovery of a third obverse die used for restriking these pieces. This appears to be one of the original strikings, although possibly from a second striking period, as indicated by the later state of the reverse die. Among the obverse diagnostics that indicate the Dannreuther-1 obverse are:

--The left base of the 1 is over the right part of a dentil;
--The 7 in the date is recut;
--The top-right olive leaf is detached, and a tiny die line runs from the two leaves below it;
--The lower shield is clear of die polishing;
--Two die lines run diagonally downward through the central portion of the horizontal shield stripes; and
--The lower-right part of the left arrow feathers is missing;



Based on current knowledge and die-state evidence, it is believed these coins would have been struck after the Dannreuther-1 Reverse Die State a coins in 1867, and before the Dannreuther-2 obverse die (showing Reverse Die State c) was employed (later in 1867 or early 1868, most likely).

In this later state of the reverse die (a die common to all three obverses used for the 1867 With Rays proofs), noted as State b by Dannreuther, these diagnostics appear:

--Die lapping or polishing has noticeably thinned the center ray of the trio of rays below the second T in STATES; and
--The denticles at the reverse rim from 3 to 5 o'clock are perceptibly thinner than the rest;



This Gem Cameo proof is brilliant throughout both sides, showing fields that are deeply reflective and set up significant cameo contrast against the frosted devices. The brilliance is only interrupted by slight haziness on the reverse. A splendid example of this significant low-mintage issue.
Ex: Los Angeles Signature (Heritage, 8/2009), lot 1041, which brought $69,000.(Registry values: P6) (PCGS# 83818)

View large image(s) of this item

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

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Other Available Items:

Bid Now on Items Just Like This One

Lot Bidding Ends Grade Service Current Bid
Auction 1214, Lot 98139 Monday, October 27, 2014 PR65 PCGS $3,250.00
View items up for auction that match this item in other grades.

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
888,392
bidder-members
$982,181,535
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 33 days left to consign to the 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando!
Learn About Consigning With Us
Plus, it's simply a pleasure dealing with the people there. It's been a comfortable and enjoyable association.
Tom Batiuk,
Medina, OH
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 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York
2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York
REALIZED $11,173,440
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
REALIZED $9,060,348
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,806,473