Description

    Rare PR64 Cameo 1860 Half Eagle
    Perhaps 10 Examples Survive Today

    1860 $5 PR64 Cameo NGC. Regardless of the date, proof No Motto half eagles are elusive. Official mintage records place the total production for 1860 at just 62 coins. Some of them were melted as unsold by the Mint, leaving the net mintage even smaller. Garrett and Guth believe that "the majority" of the 62 coins were melted and suggest that as many as 10 examples survive today. In addition to coins in the Smithsonian Institution and the ANS, we are aware of these examples: Eliasberg, lot 496; Amon Carter, lot 678; Garrett, lot 482; Norweb, lot 862; and Ullmer, lot 447. The Atwater, Flanagan, and Morgenthau (sale 418) coins Breen mentions may be different from the others enumerated here. The Harry Bass specimen is the Ullmer coin.
    This coin, formerly in the Lake Highlands Collection, has a small Mint-made flaw in the left obverse field at eye level. Another small flaw appears at the border outside star 2. A third appears below the digit 0 in the date. All three of these flaws are virtually identical to those in the plate of the Bass coin, although they are different specimens. In the past, we have referred to them as "pedigree identifiers," but now we suggest merely that such surface marks, obviously as struck, might assist in tracking the pedigree of a specific coin.
    The present example exhibits a few other marks unseen on the Bass plate. One is a small lint mark in the right obverse field, immediately to the right of the top most hair strand behind Liberty's neck. The reverse has a tiny disturbance on the rim below the pellet between U and F.
    The present example is a lovely and choice proof example with strong cameo contrast. The devices are lustrous with medium yellow color, while the fields are fully and deeply reflective. A few other scattered lint marks do little to diminish the broad eye appeal. Census: 2 in 64 Cameo, 1 finer (7/11).
    Ex: Lake Highlands Collection/ANA Signature (Heritage, 4/2006), lot 1932, which brought $60,375.
    From The Oliver Collection.(Registry values: P6) (NGC ID# 28BV, PCGS# 88450)

    Weight: 8.36 grams

    Metal: 90% Gold, 10% Copper


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    Auction Dates
    August, 2011
    11th-14th Thursday-Sunday
    Bids + Registered Phone Bidders: 5
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