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Lot
8003

1857 G$1 PR64 PCGS. The 1857 is a very rare striking in ...

2004 July New York, NY Signature Sale #320

 
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Auction Ended On: Jul 21, 2004
Item Activity: 3 Internet/mail/phone bidders
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Location: New York, NY
Description:
Extremely Rare Proof 1857 Gold Dollar
1857 G$1 PR64 PCGS. The 1857 is a very rare striking in proof format, struck the year before larger production proof mintages began for other U.S. coins. The exact mintage of proof 1857 proof gold dollars is unknown, but it is presumably very small, as pre-1858 proof coins were distributed as singles not as sets, as in later years. It is believed that 8-10 separate proofs are known today. This is a deeply reflective example that shows significant (but unacknowledged) cameo contrast against the frosted devices. Only the slightest hairlines are visible, with the most obvious defects that can be used as pedigree identifiers being a slight streak of granularity in the lower left obverse field, a U-shaped lint mark below the T in UNITED, and a few other small lint marks in the right obverse field.
We have only handled three 1857 proof gold dollars, the last being nine years ago. The last one offered by anyone was the Bass specimen in May 2000. This is a rare and important proof striking, as well as a rare opportunity for the specialist to acquire this seldom-seen gold dollar.(#7607) (Registry values: P6) (NGC ID# 25DY, PCGS# 7607)

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