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    1886 Half Eagle, PR64 Ultra Cameo
    Fewer Than Two Dozen Pieces Known
    The Finest We Have Handled

    1886 $5 PR64 Ultra Cameo NGC. The proof 1886 half eagle closely parallels its eagle counterpart in terms of survival rate in proportion to original mintage. The half eagle was struck to the extent of 72 pieces, but significantly fewer were likely ever distributed. Fewer than two dozen examples are known today, including a pair of coins in the Smithsonian Institution and a third piece from J.P. Morgan in the American Numismatic Society Collection. This leaves paltry few coins to go around for collectors, and makes the proof 1886 half eagle seem significantly underrated.

    NGC and PCGS combined list 24 pieces in all grades, including a slightly impaired example, this figure likely including a number of resubmissions. Our Auction Archives show just five previous appearances of this rarity in the last two decades -- the most recent offering was an NGC PR64 Cameo which realized $17,037.50 in our December 2013 Houston Signature Sale. The present Ultra Cameo example is superior to that coin in visual merit, and the finest we have ever offered. Stark field-motif contrast adorns the glassy fields and sharp, frosty devices. Close study with a loupe finds a few faint lines in the fields, but the overall eye appeal is exceptional. This is an issue which is inherently difficult to locate in any condition, and this outstanding example will no doubt garner significant attention. Census: 3 in 64 Ultra Cameo, 1 finer (4/15).(Registry values: P4) (NGC ID# 56AY, PCGS# 98481)

    Weight: 8.36 grams

    Metal: 90% Gold, 10% Copper

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

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    Auction Info

    Auction Dates
    June, 2015
    4th-7th Thursday-Sunday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 738

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