1956 50C Type 1, CAM PR(PCGS#86686)

The Regency Auction 32

Auctioneer

Legend Rare Coin Auctions

Lot Number

477

Grade

PR68+CAM

Price

6,463

Lot Description

Flawless! Ultra deep mirrors shine and reflect the light with incredible clarity. The fields are smooth and free of any flaws and the reliefs are clean and nicely frosted. Two reverse die types were used in 1956 to produce proofs and the Type 1 is the scarcer of the two types. PCGS CoinFacts stating as of February 2012 about 10x as scarce which is not too far from Walter Breen's estimate of 5% being Type 1. Ron Guth added that CAMEOS "are about five times as rare as the non-Cameos. Deep Cameo Proofs are exceedingly rare." PCGS 59, NGC 93, CAC 44. This is the sole PR68+ CAM and FINEST for the designation. Collector's Universe has yet to establish a value in 68+ CAM. An NGC PR68+ CAM CAC sold in the 2018 ANA auction for $2,760. No PCGS coin is graded finer. Keep in mind a PR68 DCAM is worth about $20,000 if you can find one! Cert. Number 35408975 PCGS # 86686