$93,750.00 USD
The Liberty Head Half Eagle ($5 gold piece) was first struck in 1839, designed by Christian Gobrecht, and was produced until 1908. The design is one of the longest-running in U.S. coin history, witnessing a range of important events during the 19th century, including the Civil War, Reconstruction, and the Gilded Age.
By 1898, the U.S. was a rising industrial power with growing economic influence. Gold coins like the Liberty Head Half Eagle played a critical role in the economy, especially as the country was on the gold standard, using gold as a basis for currency. However, proof coins like this one were not minted for circulation but for collectors and VIPs, often being presented to dignitaries or sold to collectors in small quantities.
In 1898, only 75 proof Half Eagles were minted, making this coin extremely rare. Coins graded PR66 DCAM are even more exceptional because of the clarity of the strike and the deep contrast between the frosted design and the mirrored background.