Description

    Exceptional 1881 Half Eagle, PR67 Cameo
    Tied for Finest Certified

    1881 $5 PR67 Cameo NGC. Examples of 1881 proof fives are rarely available for sale, either privately or via public auction. The reason is simple: Only 42 pieces were minted, and less than half of the total production has survived to this day. Garrett and Guth comment in their Encyclopedia of U.S. Gold Coins (2006):

    "The 1881 half eagle is very rare in proof, with just 15 to 20 examples known in all grades. Of the few coins seen at auction and listed on the population studies, several are impaired. The Smithsonian example is lightly hairlined as well. Proof gold coins from this era were not always preserved with great care. Due to the high face value, many were lost after entering circulation."


    Ownership of an 1881 proof half eagle, with fewer than 20 pieces extant in all grades, many of which are impaired in one fashion or another, is reserved for those individuals with much patience and financial wherewithal. Of course, a bit of luck is also beneficial, since the demand for this issue far outweighs the supply.
    The current coin is clearly one of the finest known examples, if not the finest, of this elusive issue. The NGC Census Report has just two coins listed at the PR67 Cameo level, with none so graded by PCGS (6/10), and the two PR67 Cameo pieces at NGC could very well be the same coin.
    The fields of this piece display the often-seen orange-peel effect, a rippling, crinkled appearance seen on many, if not most proof gold coins from the 1870s through the turn of the century. The devices are notably frosted and contrast strongly against the depth of mirrored reflectivity in the fields. High-grade proof gold is difficult to pedigree, because by definition there are few imperfections on the surfaces. On this piece it may be possible. There are two tiny planchet flakes in the obverse field by star 11, and a couple more in the reverse field below the eagle's beak. Of the few 1881 proof half eagles that we have handled during the past two decades, the current piece is superior in terms of both technical condition and aesthetic qualities.(Registry values: P3) (NGC ID# 28CJ, PCGS# 88476)

    Weight: 8.36 grams

    Metal: 90% Gold, 10% Copper


    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    August, 2010
    11th-15th Wednesday-Sunday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 758

    Buyer's Premium per Lot:
    15% 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 1 day left to consign to the 2018 January 3 - 8 FUN US Coins Signature Auction - Tampa!

    Learn about consigning with us

    Heritage Auctions is very well keyed into the evolving market place, what better exposure can anyone ask for?
    Consignor of The Virginia Cabinet
    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 November 2 - 4 US Coins Signature Auction - Dallas
    2017 November 2 - 4 US Coins Signature Auction - Dallas
    REALIZED $9,915,667
    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 $5,398,244
    2017 November 1 - 2 Eric P. Newman VIII Currency Signature Auction - Dallas
    2017 November 1 - 2 Eric P. Newman VIII Currency Signature Auction - Dallas
    REALIZED $1,987,881