Description

    1870 Five Dollar, PR64
    Exceedingly Rare

    1870 $5 PR64 PCGS. CAC. Ex H.W. Bass, Jr. Any proof half eagle dated in the 1800s is, by definition, rare. The high-water mark is 103 proofs produced in 1896. All other years have mintages under 100 pieces and many are recorded with less than 50 pieces struck. Falling into the latter category is the 1870 proof half eagle, which is a classic in the Motto series. Although 35 proofs were originally produced, PCGS estimates no more than 12 to 15 examples survive (and that may be generous). The current PCGS population is 2 in Proof 64 and none finer; the NGC census is 1 in Proof 64 Cameo and 1 in Proof 66 Cameo (11/13).

    Appearances by this date in proof format are so rare that once or twice in a decade would be considered optimistic. The remarkable 1870 proof offered here is the H.W. Bass, Jr. specimen that sold in November, 2000. Another memorable proof came out of the Ed Trompeter Collection in the mid 1990s, which is possibly the same as the Ohringer coin that sold in May, 2008. Akers concluded this date is "...very rare and for some unknown reason (they) have appeared at auction less than similar or lower mintage proofs of many other dates."

    This near-Gem proof has exceptional quality with a frosty, attractive cameo appearance. The vividly lustrous portrait, eagle and other devices all exhibit a needle-sharp strike and rich, honey-gold appeal.

    The diagnostics are correct with a high date slanting down to the right -- typical of the 1870 proof issue. The deeply mirrored fields show a few minor contact marks and wispy lines, none distracting, that apparently keep the coin from an even higher grade..

    Rarity aside, gold specialists and type collectors alike realize the chance to own a Motto Liberty half eagle proof is a singular achievement. When it is an 1870 proof with an impressive provenance the opportunity becomes almost irresistible.
    From The Usibelli Collection.(Registry values: P4) (NGC ID# 28C7, PCGS# 8465)

    Weight: 8.36 grams

    Metal: 90% Gold, 10% Copper


    View all of [The Usibelli Collection ]

    Fees, Shipping, 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

    Glossary of Terms

    Auction Info

    Auction Dates
    January, 2014
    8th-12th Wednesday-Sunday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 937

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    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 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 15 days left to consign to the 2018 January 7 - 8 NYINC World Coins Signature Auction - New York!

    Learn about consigning with us

    I want to thank you and Heritage for the services provided above and beyond those one would expect from an auction house.
    [ Entire Letter » ]
    Larry A. Moody, Senior Internal Auditor, University of Alabama,
    Tuscaloosa, AL
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 September 25 Virgil Brand Collection. U.S. and World Tokens and Medals US Coins Signature Auction - Dallas
    2017 September 25 Virgil Brand Collection. U.S. and World Tokens and Medals US Coins Signature Auction - Dallas
    REALIZED $89,367.00
    2017 September 7 - 12 Long Beach Expo World Coins Signature Auction - Long Beach
    2017 September 7 - 12 Long Beach Expo World Coins Signature Auction - Long Beach
    REALIZED $5,394,344
    2017 September 7 - 11 Long Beach Expo World Currency Signature Auction - Long Beach
    2017 September 7 - 11 Long Beach Expo World Currency Signature Auction - Long Beach
    REALIZED $1,501,861