Exquisite surfaces exhibit a few horizontal streaks of pinkish-rose iridescence along with considerable brilliance. A marked cameo finish goes unmentioned on the old style PCGS insert. One of the rarest early Proofs and a key date to the Shield nickel series, this issue has long been recognized as having a low original mintage, but more recent research leads us to believe it was fewer than 100 pieces -- remarkably struck at different times and reflected by four die pairings. Today, PCGS estimates that only about 60 individual examples exist, the presently offered piece being near the top in technical quality and eye appeal. The diagnostics of this rare Proof coin are all present, the thin center ray below the second T of STATES and traces of unfinished die polishing in the lower part of the shield and within the letter E in UNITED. Of course the strike is full and complete, as expected for a Proof of this time period. This is an imposing example of this popular early Proof Shield nickel, with the Rays style officially used during only 1866 and part of 1867.This is one of the great classic rarities among late 19th century Proof minor coins. The others in this category are the 1864 Indian cent with L on Ribbon and the 1864 two-cent piece with Small Motto. It is usually the situation that the Proof 1867 Rays nickel is the last to be acquired in a full set. If you are a specialist this may well complete your holdings. If you are contemplating becoming a specialist, why not start at the top with this piece? The others should prove easier to find.， Est. $25,000-$50,000
