1888 $5 Liberty Head Half Eagle NGC PR66CAM Ex. Trompeter Collection

Here is a rare treasure from the famed Ed Trompeter collection. NGC has graded two as PF66 Cameo with only two finer. Small amounts of proof half eagles were produced by the Philadelphia Mint over the years, and the 95 examples struck in 1888 were the most minted in a single year until 1896. In an auction listing of late 2020, Heritage reports, “It seems unlikely that much more than half that total was actually distributed, as experts estimate no more than 35 to 45 examples survive today in all grades.” However, PCGS tells us that 50-60 exist today. Collectors Universe gives it a price of $72,500.

The Second Philadelphia Mint, where this beautiful specimen was minted in 1888.

Two specimens of the 1888 proof $5 gold piece can be found in the National Numismatic Collection of the Smithsonian Institute, while there is a single piece in the significant holdings of the American Numismatic Society. Together, PCGS and NGC have a total of 51 examples graded, which matches up with the PCGS survival estimate. This is a stunning example. Heritage writes, “This Premium Gem shows the date positioned low and left of center, slanting up to the right, with die polish around the eye, mouth, and ear, diagnostics for all 1888 proof half eagles.”