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    Description

    Gem Cameo Proof 1871 Half Eagle
    Heritage's First Offering of the Issue

    1871 $5 PR65 Cameo NGC. Garrett and Guth give a great summation of the proof 1871 half eagle's allure, saying the date "is another of the very low-mintage issues of the 1870s that seldom appear on the market. The original mintage for the issue was just 30 coins, and it is probably that fewer than 10 coins still survive. One coin is in the collection of the Smithsonian, and another example resides with the American Numismatic Society." The authors go on to enumerate the privately held examples they know, including those of Byron Reed, Harry W. Bass, Jr. (actually two specimens, one impaired), and the Trompeter coin.
    While Heritage has handled the Trompeter specimen on a private basis, the offering of this PR65 Cameo survivor marks the first time Heritage has presented this date at auction. Considering the million-plus entries for coins in Heritage's Permanent Auction Archives, this is a great testament to the true rarity of the proof 1871 half eagle, both in terms of absolute rarity and rarity of appearances on the market.
    Yellow-gold surfaces have a handful of very light hairlines, though nothing to seriously jeopardize the PR65 Cameo designation of this moderately contrasted coin. The most visible pedigree markers are a series of faint, nearly horizontal streaks of pale gray, possibly grease stains, which are present in the left obverse field and on Liberty's lower neck. Both sides are stunningly beautiful, and with its amazing aesthetics and undeniably rarity, this coin should prove irresistible to the proof gold connoisseur. Census: 2 in 65 Cameo, 1 finer (5/11).
    From The Oliver Collection.(Registry values: P4) (NGC ID# 3ZLL, PCGS# 88466)

    Weight: 8.36 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Oliver Collection ]

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    Auction Dates
    August, 2011
    11th-14th Thursday-Sunday
    Bids + Registered Phone Bidders: 3
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    Due completely to Heritage's thoroughly diligent and professional management and promotion of the collection, the faraday Collection stirred national attention among numismatists and the auction results brought a gross value greater than that last estimated by the experienced collector.
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