Description

    Premium Gem 1901 Liberty Half Eagle
    Rare Ultra Cameo Specimen
    Only Two Finer Examples at NGC

    1901 $5 PR66 Ultra Cameo NGC. CAC. A fairly generous mintage of 140 proof Liberty half eagles was accomplished in 1901, but that total is much smaller than the 230 pieces struck in 1900, or the 162 examples minted in 1902. In their Encyclopedia of U.S. Gold Coins, Jeff Garrett and Ron Guth opine:

    "Although the 1901 Liberty Head half eagle is not the rarest date in Proof format, it still must be considered quite rare. There are an estimated 50 to 60 coins known, most of which fall into the PF-64 category."

    Walter Breen also notes, "Rarer than mintage figure suggests." It seems likely that not all of the proof mintage was distributed, and some coins were probably melted after the end of the year.
    The Mint would switch to an all-brilliant finish for proof coins in 1902, but the 1901 proofs retained the old frosty devices, and cameo specimens are seen with more frequency than in future years. The present coin is far superior to the usual proof examples of this year, which are often encountered with tiny lintmarks in the field caused by being polished with a technician's cloth. This delightful Premium Gem displays rich mint frost on all design elements with deeply mirrored fields that show the slight orange-peel texture of the best proofs of this era. This coin exhibits a startling black-on-gold cameo flash when tilted in the light. The bright yellow-gold surfaces are virtually pristine and show attractive green highlights. Eye appeal is terrific. This coin should find a home in one of the finest collections of Liberty proof gold. Census: 4 in 66 Ultra Cameo, 2 finer (6/12).(Registry values: P1) (NGC ID# 28D7, PCGS# 98496)

    Weight: 8.36 grams

    Metal: 90% Gold, 10% Copper


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    Auction Info

    Auction Dates
    August, 2012
    2nd-5th Thursday-Sunday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
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    Due completely to Heritage's thoroughly diligent and professional management and promotion of the collection, the faraday Collection stirred national attention among numismatists and the auction results brought a gross value greater than that last estimated by the experienced collector.
    The Estate of David M. Faraday ,
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