1865 $5 PR64 Cameo PCGS. CAC. JD-1, High R.6....

Description

1865 Liberty Half Eagle, PR64 Cameo
Only One Finer Cameo at PCGS
Mintage of 25 Pieces

1865 $5 PR64 Cameo PCGS. CAC. JD-1, High R.6. Ex: Simpson. Only 25 proof Liberty half eagles were struck in 1865, as the Civil War finally dragged to a close. The proofs were all delivered on March 25. A single pair of dies was used to strike all the proofs. The date was placed further to the right than on circulation strikes of this date, making it possible to differentiate between proofs and prooflike business strikes. This was the only use of both dies.

PCGS has 11 certification events for the 1865 proof Liberty half eagle in their Population Report, while NGC has recorded 13 submissions in their Census (11/21). Those totals include an unknown number of resubmissions and crossovers. PCGS CoinFacts suggests 15-20 examples of this issue are extant. In his series reference, United States Proof Coins, Volume IV: Gold. John Dannreuther estimates the surviving population at 12-14 examples in all grades. This coin is number 8 on Dannreuther's list of Significant Examples, but its prior appearance, in the Oliver Collection (8/2011), is listed in the number 7 position.

The present coin is a spectacular Choice proof with sharply detailed design elements throughout. The surfaces display deep, even reddish-gold color, and moderate contrast between the fields and devices even though the fields are deeply reflective. Numerous tiny contact marks are seen on each side, but the only one worthy of individual mention is located above the F in OF. This lot is a truly rare opportunity to acquire a magnificent early proof half eagle. This coin is pictured on PCGS CoinFacts. Population: 1 in 64 Cameo, 1 finer (11/21). CAC: 1 in 64, 3 finer (12/21).
Ex: Oliver Collection; Chicago Signature (Heritage, 8/2011), lot 7563.(Registry values: P4)

Coin Index Numbers: (NGC ID# 28C2, PCGS# 88455, Greysheet# 9180)

Weight: 8.36 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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