1896 $5 PR67+ Deep Cameo PCGS. CAC. JD-1, Low R.5....

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1896 Liberty Half Eagle, PR67+
CAC-Approved Deep Cameo Specimen
Finest-Certified at PCGS

1896 $5 PR67+ Deep Cameo PCGS. CAC. JD-1, Low R.5. Ex: Simpson. According to Mint records, the Philadelphia Mint struck 103 proof Liberty half eagles for collectors in 1896, to accompany a small business-strike production of 58,960 pieces. This was the first time the proof mintage exceeded 100 pieces. Only two pairs of dies were used to strike all the half eagles, one pair for each format. The date on the obverse proof die is positioned much lower than the date on the business-strike die and the reverse shows some distinctive die polish in the shield, making it easy to distinguish between proofs and prooflike business strikes. John Dannreuther estimates the surviving proof population at 50 to 65 examples in all grades.

The gold proofs of 1896 were especially well produced and examples are always in demand. John Dannreuther explains the appeal of this issue in his 2018 magnum opus United States Proof Coins, Volume IV: Gold, Part One:

"Many numismatists consider the 1896 Proof coinage the holy grail of collector coins, even more so than the 1895 issues. The Mint reached the limit of deep frost in this year, although it continued through 1901 in nearly all denominations. The heavy contrast of the raised elements and deeply mirrored fields makes this years's Proof production, along with the coins of the previous few years and until 1901, the desire of type collectors. When one sees a deep cameo Proof gold coin from this era, you can understand why collectors and dealers complained about the Matte Proof coinage when the new designs were introduced for the four remaining gold denominations."

This Plus-graded Superb Gem is an outstanding example of this rare and popular 19th century proof issue. The design elements exhibit razor-sharp definition throughout. The impeccably preserved orange-gold surfaces include deeply mirrored fields that contrast profoundly with the frosty devices. Overall eye appeal is terrific and the high quality within the grade is confirmed by CAC. This coin is the finest-certified example on the PCGS Population Report, making it a Registry Set essential. This coin is pictured on PCGS CoinFacts. Population: 1 in 67 (1 in 67+) Deep Cameo, 0 finer. CAC: 1 in 67, 0 finer (11/23).(Registry values: P2)
Important Selections from The Bob R. Simpson Collection, Part XI.

Coin Index Numbers: (NGC ID# 28D2, PCGS# 98491, Greysheet# 9274)

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.

View all of [Important Selections from The Bob R. Simpson Collection, Part XI ]

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