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Lot
7423

1858 G$1 PR65 Deep Cameo PCGS. CAC....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
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Auction Ended On: Aug 12, 2011
Item Activity: 8 Internet/mail/phone bidders
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Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
1858 Gold Dollar, PR65 Deep Cameo
First Year of Commercial Proof Sets
1858 G$1 PR65 Deep Cameo PCGS. CAC. The Philadelphia Mint began commercial offerings of proof sets in 1858, and the program was an immediate success. Experts estimate perhaps 25-40 proof gold dollars were struck in 1858, with 15-20 examples surviving today in all grades. Deep Cameo examples are extremely rare. This coin is tied with one other specimen as the finest Deep Cameo certified at PCGS, while NGC has graded three coins in their corresponding grade of PR65 Ultra Cameo, also with none finer (7/11).
The present coin displays vivid reddish-gold surfaces with deeply mirrored liquid fields of unfathomable depth. The design elements are frosty and sharply detailed throughout, setting up the profound cameo contrast. This coin possesses extraordinary eye appeal and startling black-on-gold flash when tilted in the light. We expect intense competition from series enthusiasts and proof gold specialists when this lot is called.(Registry values: P5) (NGC ID# 25DZ, PCGS# 97608)

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