Lot # | 433 |
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Estimate | 125,000.00 - 150,000.00 USD |
Group - Category | Coins & Paper Money - Coins - US |
Lead | $5 1899 PCGS PR68+ DCAM |
Description |
This is the finest known and highest graded by PCGS of this date with the Deep Cameo designation or any other designation. A single NGC coin exists at the PR69 UCAM level that is probably the equal to this stunning superb gem. The frost on Miss Liberty is incredible, deep, and thick, and fully whitish gold in color while the mirror fields fall away in their reflective perfection. The color is absolutely bright and fresh, as though this coin was struck yesterday. Handling marks are essentially non existent and one has to search closely to find any signs of contact or identifying marks at all. There are no lintmarks and the slightest hint of contact is noted in the left obverse field between Miss Liberty’s chin and stars two and three. Notice the fields when studying the surfaces, they ripple with the expected (but even stronger than usual) orange peel effect, where the glassy smooth surfaces appear to have fine subsurface texture. This effect was created by the Mint and is primarily seen on these rare Proof gold coins. When found on a superlative example like this, the effect is mesmerizing.
Any experienced numismatist soon learns that quality is paramount to success in collecting. Most dealers advise collectors to “buy the best you can afford” of whatever it is you collect. While only a handful of the wealthiest collectors can afford a Proof gold coin like this, there will be considerable pride of ownership for the lucky purchaser of this prized condition rarity. While Proof coinage had been struck at the Philadelphia Mint for generations, they seemed to perfect the process to create the most dramatic effect during the late 1890s. This handsome half eagle is clearly extraordinary, the depth of frost is far thicker than usually encountered a decade or two prior, and the depth of the Deep Cameo contrast shows towering mirrors that possibly could not be achieved in prior years. Hence if you desire only one example of a gem Proof half eagle, then one from this decade would be a wise choice, as these tend to have the most dramatic contrast. Thankfully, more survive from the slightly higher mintages as well, when compared with the 1880s and prior years.
PCGS 1, NGC 1. The only recent auction appearance of anything close to this coin was the sale of an NGC PR68 UCAM at $136,125.00 (8/15) at this year’s ANA auction. If you demand quality, eye appeal, and the finest PCGS coin certified, then here it is.
Certification Number 25661993
PCGS # 98494
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Name | The Regency Auction XV |
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Auctioneer | Legend Rare Coin Auctions, LLC |
Type | Live Webcast Auction |
Date(s) | 12/17/2015 |
The Regency Auction XV Live Auction: December 17th, 2015 4:30PM PT | 7:30PM ET The Venetian - at the PCGS Members Only Show Room: Lido # 3003 3355 Las Vegas Boulevard South, Las Vegas, NV 89109 | |
Preview Date/Time | Tuesday, December 15th 3PM-6PM PT | Location: Lido # 3005 - By Appointment Wednesday, December 16th 9AM-6PM PT | Location: Lido # 3005 Thursday, December 17th 9AM-3:30PM PT | Location: Lido # 3005 |
Checkout Date/Time | Friday, December 18th 9AM-11AM PT | Location: Lido # 3005 |
Location | The Venetian
Room: Lido 3003
3355 Las Vegas Boulevard South Las Vegas, NV 89109 |
Buyer Premium | 17.50% Buyers Premium |
Description |
When:
The Regency Auction XV
Live Auction: December 17th, 2015
4:30PM PT | 7:30PM ET
Where:
The Venetian - at the PCGS Members Only Show
Room: Lido # 3003
3355 Las Vegas Boulevard South,
Las Vegas, NV 89109
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Bid Amount | Bid Increment |
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0.00 - 199.00 | 10.00 USD |
199.01 - 999.00 | 25.00 USD |
999.01 - 1,999.00 | 50.00 USD |
1,999.01 - 4,999.00 | 100.00 USD |
4,999.01 - 9,999.00 | 250.00 USD |
9,999.01 - 19,999.00 | 500.00 USD |
19,999.01 - 39,999.00 | 1,000.00 USD |
39,999.01 - 99,999.00 | 2,500.00 USD |
99,999.01 - 199,999.00 | 5,000.00 USD |
199,999.01 - 399,999.00 | 10,000.00 USD |
399,999.01 - 999,999.00 | 25,000.00 USD |
999,999.01 - 1,999,999.00 | 50,000.00 USD |
1,999,999.01 - 9,999,999.99 | 100,000.00 USD |
Currency | USD |
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Buyer Premium | 17.50% Buyers Premium |
Payment Terms |
SALES TAX
All sales are subject to applicable state and local taxes. Any lots that are picked up and/or delivered in the state of Nevada are subject to applicable state and local taxes.
PAYMENT
All merchandise must be paid for within TEN (10) days of the date of sale. We reserve the right to cancel any unpaid order after that time and to ban the bidder from future sales. Credit cards (Visa, MasterCard and Discover) are accepted for auction payments up to $2,500.00 per invoice. Invoices and/or balances over $2,500.00 must be paid via personal or certified check, money order, or wired funds. Personal checks, money orders and cashier’s checks may be held for up to 10 business days in order to allow time for them to clear appropriate banking channels. Please email info@legendmorphy.com for bank-wiring instructions and/or to provide numismatic references.
RETURN POLICY
All lots are sold “as is.” Lots graded by PCGS, NGC or other third-party grading services, or any lot viewed by the buyer or anyone on buyer’s behalf prior to the auction, may not be returned. This is not an approval sale. All sales of lots to the highest bidder are final. Bidders are strongly advised and encouraged to research any lots upon which they plan to bid, and to determine bids, based upon their own evaluation. Bidders assume all risks concerning and related to the grade, quality, appearance, condition, history and origin of any lot. Bidders acknowledge that coin grading is not an exact science, that it can be subjective and inconsistent and that it is possible that two parties might assess or grade the same coin differently. LRCA makes every effort to accurately describe all items offered in its sales. All items will be available for preview prior to the auction.
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