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Lot
1729

1860 G$1 PR66 Cameo NGC. According to Mint records, 154 proof gold dollars were produced at Philadelphia in 1860, although ...

2006 March Palm Beach, FL Signature Auction #412

 
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Auction Ended On: Mar 3, 2006
Item Activity: 11 Internet/mail/phone bidders
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Location: Palm Beach, FL
Description:
Gem Cameo Proof 1860 Gold Dollar
1860 G$1 PR66 Cameo NGC. According to Mint records, 154 proof gold dollars were produced at Philadelphia in 1860, although it is believed that fewer than four dozen are extant today. That rarity is confirmed by the current population statistics, which show a total of 33 pieces graded as both Cameo and non-Cameo specimens by both services (1/06). Undoubtedly, a number of these are likely resubmissions.
The mirrored fields are colored an even orange-gold, but surrounding the frosted head of Liberty is a thin line of light yellow-gold, highlighting the cameo effect. There is one small area of brilliance just below the ear of the frosted head, giving the appearance of a sparkling gem earring. The reverse is equally attractive from the standpoint of color, but there is some light porosity at the O in DOLLAR, and a minute lintmark above the A. These minor imperfections are only mentioned for future identification purposes. Rest assured that this will be a very popular item in the sale.
From The Larj Collection.(Registry values: P4) (PCGS# 7610)

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