1894 $5 PR65+ Deep Cameo PCGS. CAC. JD-1, High R.5....

Description

1894 Liberty Half Eagle, PR65+
Registry-Grade Deep Cameo Example
CAC-Endorsed Quality

1894 $5 PR65+ Deep Cameo PCGS. CAC. JD-1, High R.5. Ex: Simpson. The Philadelphia Mint struck a small mintage of 75 proof Liberty half eagles for collectors in 1894, to accompany a substantial production of 957,880 business-strike examples. The Mint used hydraulic coin presses instead of the older screw presses to strike the proofs for the first time this year. Unfortunately, either the striking pressure was set too low or the dies were spaced too far apart in 1894, as many examples seen are softly struck on Liberty's hair, the arrow fletchings, and eagle's claws. A single die pair was used to strike all the proofs, with a spur on the left side of the 1 in the date. This spur appears to have been part of an erroneously placed 1 that was initially positioned a bit too high and corrected, according to John Dannreuther. Dannreuther estimates the surviving proof population at 35-45 examples in all grades today.

This Plus-graded Gem proof exhibits well-detailed design elements, with a touch of the usual softness on the areas discussed above. The pleasing lemon-yellow surfaces are well-preserved, with no mentionable distractions. The deeply reflective fields contrast boldly with the frosty devices to produce a delightful cameo effect when the coin is tilted in the light. The outstanding quality and eye appeal are attested by the CAC sticker. We expect intense competition from series specialists and Registry Set enthusiasts when this lot is called. This is the plate coin for John Dannreuther's United States Gold Coins, Volume IV: Gold. This coin is pictured on PCGS CoinFacts. Population: 2 in 65 (2 in 65+) Deep Cameo, 1 finer. CAC: 3 in 65, 1 finer (11/23).(Registry values: P3)
Important Selections from The Bob R. Simpson Collection, Part XI.

Coin Index Numbers: (NGC ID# 28CY, PCGS# 98489, Greysheet# 9268)

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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