Tag: proof

1908 Indian Half Eagle NGC PR64

Sirhc

First Year Matte Proof

The innovative, incuse Indian design by Bela Lyon Pratt was introduced on the quarter eagle and half eagle in 1908. The Philadelphia Mint found it impossible to polish the dies for the new designs to produce the old brilliant finish used on proofs of earlier years, so a new sandblast finish was adopted. The coins were struck from specially prepared dies and subjected to sandblasting with a coarse grain of sand, while being held with a glove. The sandblast finish gave the coins an artistic medallic appearance, but contemporary collectors preferred the old brilliant proofs and orders for proof sets were anemic. The Mint produced 500 examples of the new gold proofs in 1908, but only 167 were distributed. The remaining coins went unsold and were melted after the close of the year. Of course, present-day numismatists appreciate the sandblast proofs for their artistic quality and elusive nature.

We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.

Offered at $22,000 delivered

(800) 257.3253
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Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

1895 Morgan Dollar PCGS PR62

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Brilliant Morgan King

In 1895, the Mint struck 880 proof Morgan dollars for distribution in the annual silver proof sets. However, unlike in other years, plans to strike circulation coins came and went with, at most, a brief “hurrah” that never even made it out of the Mint. Mint records indicate that 12,000 circulation strikes were made, but none have ever been known to collectors. It’s often debated whether the coins were actually struck (and later melted) or if their “coinage” was nothing more than an accounting error on the Mint’s books. Contemporary numismatists, such as the Chapman brothers, believed that no circulation strikes were ever produced. Modern research clouds the water on this point, but with no circulation strikes known, one inherent fact remains: the 1895 Morgan dollar is only known in proof format. And therein lies its status as the “king of the Morgan dollars.” This example is virtually color-free and (contrary to how it appears in our images) highly brilliant.

Offered at $54,950 delivered

We do business the old fashioned way, we speak with you. Give us a call for price indications and to lock trades.

(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

1907 Wire Rim High Relief Double Eagle NGC PR61

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Rare Proof

Proof High Reliefs are one of the most divisive issues in U.S. numismatics. Generally opinion falls into either the “yes” or “no” categories with little uncertainty or middle ground allowed by either side. PCGS is in the “no” camp as they do not certify proof High Reliefs, and NGC is in the “yes” camp. Among the determinants for proofs, according to NGC, is a “distinctive texture and satiny luster” according to Scott Schechter, but more specifically it was the use of the collar that was used to strike the Edge 3 Ultra High Reliefs in March-April 1907 and again on December 31 of that year. We believe that a scratch in the left obverse field accounts for the less-than-choice grade and makes this coin more affordable than it otherwise would be. In hand, when tilted slightly under a light, it is lighter than seen in our images. Listed at $24,600 in the NGC price guide.

Offered at $23,000 delivered

We do business the old fashioned way, we speak with you.

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

(800) 257.3253
8:30 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage