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Lot
5138

1903 G$1 Jefferson PR67 Ultra Cameo NGC....

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

 
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Auction Ended On: Jan 5, 2012
Item Activity: 7 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

Description:
1903 Jefferson Louisiana Purchase Gold Dollar
PR67 Ultra Cameo, Finest Certified
1903 G$1 Jefferson PR67 Ultra Cameo NGC. Just 100 1903 Louisiana Purchase Exposition, Jefferson obverse gold dollar proofs "... were distributed to favored insiders as well as Exposition and government officials, not to the collecting fraternity" (David Bowers, United States Commemorative Coins, p. 47). Since the coins were not distributed to collectors but to non-numismatists, many proofs have experienced some degree of impairment. Obscuration of the cameo contrast or even the proof finish is common. A Jefferson gold dollar proof that retains its powerful contrast is a rare prize, avidly sought by the most advanced commemorative gold aficionados.
This magnificent survivor combines gleaming lemon-gold mirrors and rich frost across sharply struck devices. Boldly squared rims help distinguish this proof from the many prooflike circulation strikes also found in the marketplace. The surfaces are marvelously preserved throughout with an easily appreciated cameo effect and inimitable eye appeal. Out of the original mintage of 100 proofs, the NGC Census Report lists eight specimens with Ultra Cameo contrast; of these, the two numerically finest are graded PR67, and this coin is the only one of the two to have received the Star designation (11/11).
From The Jim O'Neal Gold Type Collection. (PCGS# 97482)

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