Description

    Rare Proof 1906 Half Eagle

    1906 $5 PR53 PCGS. Probably because of a lack of new designs, proof mintages of all denominations declined during the first decade of the 20th century. 230 proof half eagles were struck in 1900, but by 1906, only 85 proofs were struck. Despite their obvious rarity, proof gold coins carried little numismatic premium over face until the 1940s. Heirs, collectors, and even dealers often spent the pieces. This example circulated briefly, then was likely hoarded with peer gold pieces until a numismatist surmised its true nature decades later. Glimpses of radiant mirror surface remain, although the open fields display expected rub. Housed in a green label holder.
    From The Jones Beach Collection.(Registry values: P1) (NGC ID# 28DC, PCGS# 8501)

    Weight: 8.36 grams

    Metal: 90% Gold, 10% Copper


    View all of [The Jones Beach Collection ]

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    Auction Dates
    January, 2007
    3rd-6th Wednesday-Saturday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
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