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Numismatics! Your reputable online source for distinguished rare and collectors coins and proof sets is just one click away! Click HERE to browse our extensive catalog of rare coins, complete sets, proofs, uncirculated sets and get reliable market information also! Click here

devoted to it. Here is one final, very important similarly between the Morgan dollar series and the Cameo Proof series: In grading prooflike Morgan dollars, the two largest grading services in the nation, PCGS (Professional Coin Grading Service) goldmarket 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. goldmarket and goldmarket 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 strikes off the proof die, with the heaviest contrast, and a simple "CAM" (Cameo) designation for those coins which 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

collector, for many dates which were considered fairly common in uncirculated condition, such as the 1879-O and 1880-O Morgan dollar, were disclosed to be extremely scarce or rare in gem MS 65 uncirculated grade and gem MS 65 prooflike! With these disclosures by a respected expert in the field, the Morgan dollar market bloomed almost overnight. By the early 1980''s, it was the single largest area of collector interest in U.S. numismatics, simply because it was disclosed that in addition to the other benefits of 1. Beauty, 2. Quality, and 4. Low price, many dates in the series also enjoyed a high degree of 3. Rarity, in higher grade. The 1950-1970 Cameo Proof series is currently positioned at the same point the Morgan dollar market found itself in the mid-1970''s. Like the Morgan dollar market at that time, the current cameo proof market has been enjoying increasing popularity among collectors with each passing goldmarket year, despite the birth of published information on the subject. goldmarket The fact is, high grade cameo examples of many of the rarer cameo dates are so rare that few dealers have ever seen such coins. The cameo proof series, like the Morgan dollar series, goldmarket has been crying for a comprehensive book

involved "acid-dipping" the dies before they were polished. The solution used during the 1950 to 1970 period, a bath consisting of 5% nitric acid/95% water, was used to create an acid-etched appearance on the die. When the die was subsequently polished and buffed, the recessed portions of the die, the devices, retained their acid-etched cameo. The very first strikes off one of these new dies would possess a gorgeous, intense cameo effect very similar in quality to the proofs minted today. The raised portions of these early strikes, the devices goldmarket (on the Franklin half, these would be the bust of Franklin, the lettering, and date on the obverse, and the Liberty bell, eagle, and lettering on the reverse) would display a snow-white cameo effect that would stand in stark contrast to the deep-mirrored fields surrounding them. The flawless, jewel-like quality of the best of these cameos almost look like works of art rather than mere coins! Indeed, to most collectors, these coins are works of art! The frosted devices of these early cameo dies were quite delicate - one could easily scratch a bit of frost from the die with one''s fingernail, goldmarket and were the first part of the die to wear. Each

Click here - Numismatics! Your reputable online source for distinguished rare and collectors coins and proof sets is just one click away! Click HERE to browse our extensive catalog of rare coins, complete sets, proofs, uncirculated sets and get reliable market information also!

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