One of the most important auctions to highlight in the coin world is the 1904 Liberty Head Eagle, PCGS PR65+CAM. Reports claim that the mintage for these specimens from 1904 was just 108 coins.
Nevertheless, even if there were 108 examples from the very beginning, few of them have managed to survive till the present day. In fact, there cannot be many examples because of several reasons.
Why are there few examples of these coins?
Actually, PCGS states that many of these 1904 Liberty Head Eagle, PCGS PR65+CAM were either mishandled or spent. Bear in mind that they were regarded, even by numismatics collectors to be regular-issue coinage during the beginning of the 20th century.
So, those citizens who handled them outside the United States Mint did not give them as much importance as collectors do today. Out of the 108 that are thought to be created, PCGS has only graded 45 of them.
Besides, there are all sorts of grades, so that makes some examples much more valuable than others. Since it has been possible to grade quite a few, it is easy to see that this specimen is scarce and really valuable.
Where was this coin sold?
In this case, it was not sold on eBay. It was Stack’s Bowers Galleries the one in charge of offering this wonderful example. The auction was so successful that it realized a staggering 96,000 dollars.
The fact that it has reflective or cameo surfaces is even more challenging to find in other examples. Some Americans inherit a full collection and they may come across really valuable specimens.
If you happen to have one in your possession, you can always contact experts like PCGS or Stack’s Bowers. No doubt they can inform you of the value the example you have can reach at an auction. Visit them for more detail: https://stacksbowers.com/coin-resource-center/coin/1904-proof-liberty-head-quarter-eagle/
