1858 $5 PCGC PR66DCAM

$540,000.00 USD

This coin originates from the United States and has a denomination of $5. It was issued in the year 1858. The coin has been graded as PR66DCAM by the Professional Coin Grading Service (PCGS). The "PR" stands for proof, indicating it was specially made for collectors with a higher standard of striking and finishing compared to regular circulation coins. The "66" denotes the coin's grade on the Sheldon scale, indicating it is in a condition with very few imperfections. "DCAM" stands for Deep Cameo, describing the coin's striking contrast between the frosted design elements and the mirrored background.

The 1858 $5 gold coin is part of the Liberty Head or Coronet Head series, designed by Christian Gobrecht. This series was minted from 1839 to 1908. The obverse features a left-facing portrait of Lady Liberty wearing a coronet inscribed with the word "LIBERTY." The reverse showcases a heraldic eagle with a shield on its breast, holding an olive branch and arrows in its talons, symbolizing peace and strength.

During the mid-19th century, the United States experienced significant economic growth and westward expansion. Gold coins like the $5 Half Eagle played a crucial role in commerce and were widely circulated. Proof coins, however, were not intended for general circulation but were instead produced in limited quantities for collectors and as presentation pieces.

The 1858 proof $5 gold coin is particularly rare, as proof coins from this period were minted in very small numbers. The exact mintage for the 1858 proof $5 is not well-documented, but it is believed to be extremely low, making surviving examples highly valuable.

In terms of numismatic significance, the 1858 $5 PCGS PR66DCAM is highly sought after by collectors. The high grade of PR66 indicates the coin is in superb condition with minimal imperfections, while the Deep Cameo designation highlights its exceptional visual appeal. Such coins are considered prime examples of 19th-century American coinage and are highly prized for their rarity, historical context, and aesthetic quality.

In conclusion, the 1858 $5 PCGS PR66DCAM is not only a piece of currency but also a historical artifact that provides insight into the economic conditions and craftsmanship of mid-19th-century America. Its high grade and Deep Cameo designation make it a valuable and desirable addition to any numismatic collection.