1833 $5 Large Date PR67

CERTIFICATION#: -35277
PCGS#: 8167

Owner's Comments

PCGS grade. Ex. Randall; Parmelee; Flanagan; Bell; Farouk Sold by David Akers Numismatics Oct '97 Price realized $467500

Expert Comments

David Hall: There are two known proofs. The finest is the amazing Gem PCGS graded PR67. The pedigree of this incredible coin includes such famous collectors as Parmelee, Woodin, Farouk, and John Pittman. The coin brought $467,500 in the October, 1997 Pittman auction, and then brought $977,500 when it was resold in a Heritage auction in January, 2005. There is also a supposedlt impaired PR58.

 

Ron Guth: Three examples of the 1833 Large Date Half Eagle are known.  One is a part of the National Numismatic Collection at the Smithsonian Institution; the other is the Pittman coin (graded PR-67 by PCGS).  In the Pittman catalogue, David Akers noted:  "At least two other specimens purported to be Proofs have turned out to be Prooflike business strikes."  This may or may not apply to the third Proof listed by Breen (Lot 314 in S.H. & Henry Chapman's May 10, 1893 sale of the Nicholas Petry collection), which has not been examined by PCGS.

Roster of known examples:

1. Gem Proof.  Ex - J. Colvin Randall, Lot 938 - New York Coin & Stamp Co.'s sale of the Lorin G. Parmalee collection, June 25, 1890, Lot 1021 - Stack's sale of the Col. James W. Flanagan, March 23, 1944, Lot 1109 - J.F. Bell, Lot 355 - Sotheby's sale of the King Farouk collection, March 1954, Lot 246a, approximately $635 - David Akers Numismatics, Inc.'s sale of the John Jay Pittman collection, October 21-23, 1997, Lot 933 - Al Adams - Heritage 1/2005:30046, $977,500

2. National Numismatic Collection at the Smithsonian Institution

3. NGC Proof-58.  Ex - Bowers and Merena Galleries "The Rarities Sale", July 31, 2002, Lot 784, illustrated, "...Breen-6498, B-11...The fields have very light hairlines and the devices have nearly imperceptible signs of wear...", sold for $62,100.00  This may be the Nicholas Petry specimen sold by S.H. and H. Chapman in 1893 (see the Notes)

Diameter: 23.80 millimeters Designer: Robert Scot & John Reich Edge: Reeded
Mintage: 5 Weight: 8.75 grams Metal Content: 91.7% Gold, 8.3% Copper

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 2 R-9.9 2 / 3 TIE 5 / 8 TIE
60 or Better 2 R-9.9 2 / 3 TIE 5 / 8 TIE
65 or Better 1 R-10.0 1 / 3 TIE 1 / 8 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 PR67 PCGS grade   Parmelee-Flanagan-Bell-Farouk-Pittman
2 PR63 Estimated grade   Smithsonian