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devoted to it. Here is one final, very important similarly between the Morgan dollar series and the eagles and eagles Cameo Proof series: In grading prooflike Morgan dollars, the two largest grading services in the nation, PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation), offer two grades of prooflike for that series - "DMPL" (Deep Mirror Prooflike) - for the very earliest strikes off the business die, and a simple "PL" (Prooflike) - for the slightly later strikes. PCGS and NGC now offer a similar delineation for all proof coinage from the 1950 to 1970 era. As of early February, 1992, PCGS offers two cameo designations for early strike cameo proofs - "DCAM" (Deep Cameo - roughly equivalent to what we refer to as "ultra-heavy") - for those cameo proofs which were the very earliest eagles strikes off the proof die, with the heaviest contrast, and a simple "CAM" eagles (Cameo) designation for those coins which eagles were slightly later strikes, but which still possess significant cameo contrast. NGC instituted their own two-tier system similar to PCGS'' in the spring of 1995. With PCGS and NGC now involved, novices will for the first time have their coins recognized by the most widely used grading service in
buyer, there are still opportunities in U.S. numismatics. Certainly one of the brightest stars in the numismatic galaxy is the 1950 to 1970 Cameo Proof and Special Mint Set series. 1950 to 1970 Cameo Proof coinage represents one of the last frontiers in U.S. numismatics, as few series offer the collector so much in terms of beauty, quality, scarcity, and eye-appeal - for so little, as the top quality cameo proof and Special Mint Set coins from this era. It is one of the few series'' left in U.S. numismatics that offers the collector a chance to own scarce U.S. coins that represent the absolute ultimate in quality - often for a very modest price. Most knowledgeable collectors and dealers would agree that there are five primary factors that help determine a coin''s desirability, value, and potential for future price appreciation. Not necessarily in order of importance, they are: 1. Eye-appeal, 2. Quality, 3. Rarity, 4. Price, and 5. Potential for widespread collector appeal. Quite simply, cameo proof coinage of the eagles 1950 to 1970 era currently offer more eye-appeal, quality, rarity, and potential for widespread collector appeal per numismatic dollar than any other U.S. coin series I can
successive coin struck from one of these dies eagles would exhibit somewhat less cameo contrast than the coin before. Eventually, the intense pressure of die on planchet would wear the devices to the same smooth, brilliant appearance as the surrounding fields of the coin. These subsequent coins, brilliant proofs, have no discernible contrast between the devices and fields. They are also far more common than the earlier cameo strikes. In recognition of the collector demand for these cameos, the mint began experimenting with sandblasting techniques in the early-mid 1970''s which helped create a much more intense cameo effect. They also began chromeplating the dies to give them added durability. As a result of these new techniques, eagles proof dies today can strike many hundreds of exceptional "black & white" cameos before they begin to wear. What is somewhat astonishing, however, is that if one is patient, and fortunate, one can occasionally find cameos minted from the earlier 1950 to 1970 era that possess the intense cameo contrast, quality, and eye-appeal of these later proofs! These very early strikes, depending on the year, are obviously quite eagles rare. When one also considers the inferior nature of the proof
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