1864 $5

Description

PCGS 1864 PR 64. This is undoubtedly one of the most important pieces of proof gold in this sale. The 1864 half eagle has a mintage of 50 proofs, but no more survivors are known of this date than others of the era with lower mintages, leading one to conclude that a number of the original mintage must have been melted at year's end as unsold. Breen estimates that perhaps 12-15 proofs may survive in all grades. All proofs of this year share a common diagnostic: a horizontal die scratch below the ear of Liberty. The diagnostic is plainly evident on this coin.
The fields are deeply mirrored and show only a few stray hairline scratches here and there. The reverse is easily of gem quality. The devices are heavily frosted, giving the coin that impressive white-on-black cameoed appearance so desirable on proof coinage. Population: 9 in 64, only 3 finer.

Coin Index Numbers: (NGC ID# 28BZ, PCGS# 8454, GSID# 9176)

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.24188oz
Mintage: 50

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.

View Certification Details from PCGS