LOT Old Heritage Auctions  /  2008 February Long Beach Signature Coin #460  / 

2606

1910 $5 PR67 Star NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:45,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1910 $5 PR67 Star NGC
<B>1910 $5 PR67 <img src="/images/star.gif" width="10" height="10" alt="" border="0"> NGC.</B></I> The special nature of Roman Finish gold is not generally appreciated by collectors. When the Mint switched from the traditional brilliant finish to the matte finish in 1908, it was a rough transition. Apparently collectors were caught by surprise when the switchover occurred. Their general displeasure is best seen by the numbers minted in the two years: 167 proofs in 1908 vs. 78 in 1909. Collectors were not silent about their displeasure either. Editorials appeared in <I>The Numismatist </B></I>and a resolution was sent by the ANA Board to the Mint in 1908. <BR> The Mint attempted to placate collectors by altering the finish in 1909 and subsequently in 1910. The finish on these pieces lacked the sandblasting seen in 1908. Rather, the coins were struck from special blanks and special dies, but there was no post-striking treatment. The result was a "bright" proof, as Mint personnel termed it. <BR> This new finish was not appreciated by collectors either. In fact, it was disliked even more than the previous matte finish, particularly because the coins were not easily distinguishable from circulation strikes. This negative reaction had Mint officials jumping through hoops once again, and in 1911 they reverted to the matte finish. But for two years, proof gold was struck with this special process, so minimal it was almost a non-process. Special blanks and special dies created bright, shimmering coins. To the untrained eye, they do appear superficially like circulation strikes--except for the razor-sharp definition and uniformly bright surfaces.<BR> The surfaces on this piece are bright yellow-gold with a fine-grain texture to the surfaces. We see no obvious or mentionable defects on either side of this magnificent coin. A rare opportunity to acquire an Indian half eagle struck in this rare, two-year proofing process. Census: 5 in 67, 4 finer (1/08).<BR><I>From The Southwest Collection.</B></I><BR><BR><B>Coin Engraver:</B> Bela Lyon Pratt<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)<BR><BR><B>Important notice:</B> Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium with a $9 minimum Buyer's Premium. Please make sure you read the Terms and Conditions before you bid. This lot is being auctioned in conjunction with a live floor auction by Heritage Auctions. All final auction and invoice information will be supplied by Heritage Auctions, and all other information should be considered preliminary. Lot:2606<BR><BR><B>Winning Notification and Billing:</B> After the FINAL session in this auction is complete, Heritage will send e-mail and snail mail invoices. This process normally takes several days. All final auction and invoice information will be supplied by Heritage Auctions, and all other information should be considered preliminary. <BR><BR><B>Second Chance Offers:</B> Heritage does not make Second Chance Offers. Once our auction ends, if you receive a Second Chance Offer to buy this item DO NOT accept the offer. Please forward any Second Chance offer emails received on one of our auctions to eBay's Safe Harbor Department. <BR><BR>This auction will be conducted on a live auction floor and over the Internet through eBay Live. If you choose to place an absentee bid, please take a moment to <font color='#0000ff'><u><a href='http://pages.ebay.com/liveauctions/help/before/laabsentee.html'>learn how eBay Live absentee bidding works</a></u></font><font color='#000000'>
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