Sale 47:

 
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Lot 4435   1865 $5 Liberty. PCGS graded Proof 64 Deep Cameo PQ. CAC Approved. In PCGS holder 21600816. Lovely rich golden toning. Only 25 pieces minted. With the Civil War still raging in the early months it was a tumultuous time to sell Proof 1865 gold coins to collectors. 1865 has long been considered a very rare coin. Opinions vary but are now centered on the possibility that only 8-10 pieces are left from the original mintage in all grades. This fine example is one of the few we have offered for sale. A bold Proof 63, both sides earn their stripes from the warm orange color atop nicely reflective surfaces. At indirect angles, the fields show off the typical Proof "orange peel" effect, accented by frost on the devices to give two-tone contrast. The mint worked hard to produce the bold strike shown in the photos: full for the times, a treat for anyone to study with a magnifying glass. As far as handling marks go, there aren't any. A few hairlines are visible, all of them minuscule. Put them together an the coin's powerful features pretty much sell themselves. Pop 3; none finer at PCGS (PCGS # 98455).
Estimated Value $40,000 - 50,000.

Provenance: Ohringer Family Trust Holdings.
  Realized $55,000
 







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