1894 $5, CAM PR(PCGS#88489)

The Regency Auction 31

拍卖行

Legend Rare Coin Auctions

批号

414

等级

PR64CAM

价格

125,803

详细说明

FROM THE PROSPECT COLLECTION. Ex Pittman. A fantastic borderline GEM Proof 1894 with distinct CAMEO contrast on both sides. Only 75 Proofs were struck, and today, perhaps 35-45 distinct examples are estimated to survive. This is a very high-end and original coin that was described by David Akers in Part 1 of the John J. Pittman Collection, in part, as follows: “Beautiful medium gold color with a slight copper tint. The surfaces have a very delicate haze, but less than is present on some of the other Pittman Proofs from 1888-1907. There are only a few light hairlines in the fields…; the reverse is nearly Gem quality.” The haze that David Akers notes attests to the amazing originality of this impressive Proof gold coin; it has never been dipped, stripped, or conserved in any manner. This coin is listed as PR65 in John Dannreuther’s listing of Significant Examples in his new master work on Proof Gold coins. The color is rich and the eye appeal is quite bold with warm orange hues in the reverse fields. The crisply struck devices have a lovely frosting on them. Any line noted by David Akers over twenty years ago is very minor and does not detract from the outstanding eye appeal of this near-GEM specimen. Ex. 1973 GENA Sale, Pinetree, lot 512; John J. Pittman Collection, Part 1, David Akers, October 1997, lot 1061; intermediaries; present consignor. PCGS 5, NGC 4, CAC 5. These are NOT common at all; there has not been a PCGS-graded PR64 CAM sold since November 2007, where an example realized $22,000. In fact, our research has shown that the only 1894 Proof half eagle graded by PCGS in the last DECADE was a PR63 DCAM that sold in April 2015. In the presently offered grade, Collectors Universe lists a value of $25,500, and it would NOT be a shock if this coin brought close to that, or more, when it crosses the block. This is a very important opportunity for the advanced collector that should not be taken for granted. Be prepared to bid very liberally if you are looking to add this lovely Pittman Proof half eagle to your holdings! Cert. Number 25625585 PCGS # 88489