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ANA Signature US Coin Sale 1258  2-6 Aug 2017
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Lot 4144

Starting price: 1 USD
Price realized: 38 000 USD
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Proof Liberty Half Eagles
1895 $5 PR66 Ultra Cameo NGC. As can be gleaned from the reported mintage of 81 proofs, the 1895 is a rare issue in any grade, with or without Cameo contrast. PCGS estimates a survivorship of 45 to 55 specimens -- about double the number proposed by Garrett and Guth in the first edition of their Gold Encyclopedia. NGC and PCGS show a combined total of 46 submissions, 35% of which boast an Ultra or Deep Cameo designation. It is likely that the combined number of grading events includes numerous duplications and that the actual survival rate might lie somewhere between the Garrett and Guth and PCGS figures. One way or another, the 1895 half eagle in proof format is exceedingly rare, particularly at the Premium Gem level.
Dramatic contrast between the watery, textured fields and frosted, fully struck devices is typical of the 1895. While unsurprising, the effect is no less stirring. Both sides offer warm orange-gold color and lack any overt signs of contact. An important opportunity to procure one of the finest representatives of this exclusive proof issue. Census: 4 in 66 Ultra Cameo, 3 finer (6/17).
From The Michael C. Hollen Collection, Part II

HID02901242017
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