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Lot
5690

1878 $20 PR63 Cameo NGC. In all grades and all designations, PCGS and NGC have combined to...

2006 August Denver, CO Signature & Platinum Night Auction #414

 
Sold for: Not Sold Not Sold
Auction Ended On: Aug 14, 2006
Item Activity: 6 Internet/mail/phone bidders Number of Bidders
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Description:
Star-Honored Cameo Proof 1878 Double Eagle
1878 $20 PR63 Cameo NGC. In all grades and all designations, PCGS and NGC have combined to grade 14 proof 1878 double eagles, from a total mintage of just 20 coins. It is probably reasonable to estimate a true population of less than 10 coins for this issue. We are aware of examples in the Smithsonian Institution and the American Numismatic Society. In addition to these, both the Garrett and Eliasberg Collections included examples, and another was in the F.C.C. Boyd Collection. One additional example appeared in the Bass Collection, acquired from Stack's in 1973. The Bass specimen may or may not be the same as the Boyd example. Most others that have appeared in auctions over the past 25 years are probably duplicates of the privately held coins discussed above.
This is an impressive Cameo proof with extraordinary eye appeal. The central obverse and reverse designs are executed in bright yellow-gold with fully mirrored fields. Darker yellow color is limited to the border on each side, and this serves as a nice frame for the balance of the coin. The surfaces exhibit a few faint hairlines, thus the limited numerical grade, yet few blemishes are of any significance. The most notable pedigree marker is a small field nick just over the rays below D of UNITED. All of the design elements on each side are fully impressed. A visual treat. Census: 1 in 63 Cameo, 2 finer with the Cameo designation (7/06).
From The Mulholland Collection.(Registry values: P6) (NGC ID# 26DX, PCGS# 89094)

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