1882 $5 PR63 PCGS....

Description

Low Mintage 1882 Five Dollar, PR63

1882 $5 PR63 PCGS. A mere 48 proofs were struck in 1882, and of that number it is estimated that probably fewer than 20 are known today. The Garrett-Guth reference states, "Of these, at least three are in the museum collections of the Smithsonian Institution and the American Numismatic Society." Dealers and collectors recognize the rarity of this date as a proof and have been willing to pay the premium it commands. Over the past 15 years, pieces in PR63 have brought between $9,000 and $17,000. This is an exceptionally attractive coin for the grade that is housed in an old holder. The devices are heavily frosted and contrast sharply against the "black" fields on each side. We predict the next time this coin is sold at public auction it will be in a holder with a Cameo designation on the insert. The surfaces are slightly hazy from light hairlining, this explaining the PR63 grade. Population: 2 in 63, 3 finer (6/08). (Registry values: P3)

Coin Index Numbers: (NGC ID# 28CK, PCGS# 8477, Greysheet# 9230)

Weight: 8.36 grams

Metal: 90% Gold, 10% Copper

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.

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