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    1897 Half Eagle, PR66 Deep Cameo
    The Sole Finest at PCGS

    1897 $5 PR66 Deep Cameo PCGS. The proof 1897 half eagle is somewhat rarer than is generally realized by non-specialists. PCGS estimates as many as 50 to 75 coins survive from a mintage of just 83 pieces, but the population reports and rate of auction appearances suggest this number is slightly high. PCGS and NGC combined report only 41 grading events, including a likely number of resubmissions. Our Permanent Auction Archives reveal just 10 previous appearances of this rare proof issue in the past two decades, a rate of appearance that is striking similar to that of the 1894 proof, which Jeff Garrett and Ron Guth suggest survives in numbers as low as only 20 to 30 coins. The Smithsonian Institution contains two examples, further limiting the available stock for collectors.

    In high grade Deep Cameo, the proof 1897 half eagle's rarity increases dramatically. This Premium Gem example is the sole finest of just three Deep Cameos at PCGS, and thus ranks as the finest proof 1897 five obtainable in a PCGS holder; NGC shows just four Ultra Cameos in this grade (one in PR66 ★ ), with a single PR67 Ultra Cameo numerically finer (3/15). We offered the NGC PR67 Ultra Cameo in our 2012 FUN Signature sale where it realized $63,250. We would not be surprised if the present PCGS Premium Gem garners a similarly strong bid. Both sides exhibit stark field-motif contrast, with vivid apricot-gold overlays on the sharp, thickly frosted devices. The fields reveal a few truly insignificant hairlines upon close study, but the immense eye appeal is unaffected. An exceptional, high-caliber coin with superior technical and aesthetic merit.(Registry values: P2) (NGC ID# 28D3, PCGS# 98492)

    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
    April, 2015
    22nd-26th Wednesday-Sunday
    Bids + Registered Phone Bidders: 15
    Lot Tracking Activity: N/A
    Page Views: 805

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