1867 5C No Rays, DCAM PR65DCAM Certification #27314533, PCGS #93821

CAC. Reverse Style D. Stars point to right serif of (STAT)E(S) and between AM. The obverse die is Dannreuther-1, same as on the rare 1867 Rays, with left serif of 1 over right half of a dentil, detached bottom leaf left of the shield, and recutting on the 7. According to research by John Dannreuther, this obverse was used first to strike With Rays proofs on or before Feb. 8, 1867, then No Rays proofs (as here), then more With Rays proof in a later die state. This No Rays Gem shows profound contrast and equal eye appeal over quicksilver surfaces that show no trace of color. A loupe reveals faint recutting on a couple of the reverse stars, but aside from a couple of tiny dark flecks there is little evidence of any post-Mint distractions. 1/0 (7/12) 1/1 (5/13) 1/3 (12/15)