1867 5C Rays, CA PR (PCGS# 83818)

ANA09 PN

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    1041
  • Grade:
    PR65
  • Price:
    $69,000.00
Lot Description
1867 5C Rays PR65 Cameo PCGS. CAC. The 1867 Rays proof nickel has been recognized as a major 19th century rarity for many years. Recently (2003) in-depth research was published by John Dannreuther that gave diagnostics for the first time regarding Original and Restrike coins. This appears to be one of the Original strikings. Among the diagnostics that indicate this are recutting on the 7 in the date, two die lines in the horizontal stripes that angle downward (very difficult to discern), and "detached" lower right part of the left arrow feather. It is believed these coins were struck in early 1867. The fields are deeply reflective and set up significant cameo contrast against the frosted devices. The brilliance is only interrupted by slight haziness on the reverse. A splendid example of this significant, low-mintage issue.
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