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    1906 Liberty Five, PR66+ Cameo
    Rarely Seen With Cameo Contrast
    Finest Certified at PCGS

    1906 $5 PR66+ Cameo PCGS. CAC. The mintage of proof half eagles plummeted in 1906, to a mere 85 pieces, the lowest production total since 1895. The issue is much more difficult to locate than the proofs of preceding years, especially with cameo surfaces. The Mint switched to an all-brilliant finish for proof coins earlier in the decade, and few coins of the era display enough mint frost on the devices to produce any contrast, even though the fields are usually deeply reflective. Walter Breen called this issue "Actually rare" in his Encyclopedia of United States and Colonial Proof Coins. David Akers also commented that "Proofs are rare." The population data from the leading grading services is deceptive, as PCGS and NGC have combined to certify a total of 119 pieces in all grades, 34 more examples than were reportedly minted. The grading services have made strenuous efforts to eliminate duplications in their data in recent years, but this issue is still grossly over-reported.
    The present coin is a delightful high-end Premium Gem, with sharply detailed design elements throughout. The strands of Liberty's hair display razor-sharp definition, and the eagle's feathers are fully delineated. As mentioned above, specimens of this date rarely exhibit cameo contrast, but this coin possesses an unusual amount of mint frost and deeply mirrored fields. The black-on-gold cameo flash is striking when this coin is tilted in the light. The light yellow and greenish-gold surfaces show no mentionable distractions. This coin is among the finest certified examples at PCGS and is certainly a candidate for the finest Registry Set. Population: 4 in 66 (1 in 66+) Cameo, 0 finer (6/12).(Registry values: P1) (NGC ID# 28DC, PCGS# 88501)

    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 Dates
    August, 2012
    2nd-5th Thursday-Sunday
    Bids + Registered Phone Bidders: 9
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