LOT #3136 |
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1901 $5 PR67 Ultra Cameo NGC. JD-1, R.4....
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Sold on Jun 13, 2024 for:
$75,000.00
Bid Source: HA.com/Live bidder
Description
1901 Liberty Half Eagle, PR67
Ultra Cameo Contrast
Tied for Finest Certified
1901 $5 PR67 Ultra Cameo NGC. JD-1, R.4. The 2025 Guide
Book states that the Philadelphia Mint struck 140 proof Liberty
half eagles in 1901, down considerably from the 230 examples
produced the year before. Mint delivery records indicate the coins
were delivered in quarterly batches of 45, 15, 5, and 74 pieces,
for a total of 139 specimens. We have not been able to reconcile
this small discrepancy. Despite the reduced production total, the
1901 proofs are still found regularly at large coin shows and
auctions. In his remarkable series reference United States Proof
Coins, Volume IV: Gold, John Dannreuther estimates the
surviving population at 80 to 100 examples in all grades, due to
their high survival rate.A single pair of dies was used to strike all the proofs. The reverse die shows heavy polishing on the scroll, around WE, making it possible to distinguish between proofs and prooflike business strikes. The Philadelphia Mint switched to an all-brilliant finish for gold proofs in 1902, making this the last year that Cameo and Ultra/Deep Cameo examples appear with any frequency.
The present coin is a magnificent PR67 Ultra Cameo specimen, tied with one other coin at NGC for finest-certified honors (5/24). This spectacular Superb Gem exhibits razor-sharp definition on all design elements and the deeply reflective fields contrast profoundly with the richly frosted devices to create an intense gold-on-black cameo flash when the coin is tilted in the light. The virtually flawless yellow-gold surfaces are free of even the smallest distractions. Overall eye appeal is terrific. This coin is a Registry Set essential. Census: 2 in 67 Ultra Cameo, 0 finer (5/24).(Registry values: P1)
From The Mercury Rising Collection, Part II.
Coin Index Numbers: (NGC ID# 28D7, PCGS# 98496, Greysheet# 9289)
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 [The Mercury Rising Collection, Part II ]
Auction Info
2024 June 13 - 16 Long Beach Expo US Coins Signature® Auction #1368 (go to Auction Home page)
Auction Dates
June, 2024
13th-16th
Thursday-Sunday
Bids + Registered Phone Bidders: 36
Lot Tracking Activity: N/A
Page Views: 815
Buyer's Premium per Lot:
20% of the successful bid per lot.
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