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Lot
3055

1886 G$1 PR65 Ultra Cameo NGC....

2008 January Orlando, FL (FUN) Signature Coin Auction #454

 
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Auction Ended On: Jan 10, 2008
Item Activity: 3 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Lot Viewing, Room 220 D, E, F
Auction, Room 230 B

Description:
Amazing 1886 PR65 Ultra Cameo Gold Dollar
1886 G$1 PR65 Ultra Cameo NGC. This is an amazing 1886 Gem proof gold dollar whose Ultra Cameo classification makes it one of only eight Cameo/Deep Cameo pieces certified by NGC and PCGS. Additionally, it carries the coveted Star, the only Ultra Cameo so designated.
As a little background, we refer to Walter Breen's 1989 Encyclopedia of United States and Colonial Proof Coins, where he states of the 1886 proof dollar: "Many survivors have been scrubbed to within an inch of their lives." Breen also points to a sworn, notarized letter from dealer/collector Harlan P. Smith, who claims, during a visit to the Mint in Philadelphia in June 1886, that he witnessed, "with utter astonishment" the mishandling of several proof gold dollars by a coin and medal clerk (who was later removed from service). The point Breen is making is that "... we do have the explanation for many of the nicks and scratches, mentioned as common to many gold dollar proofs in the 1880's."
This lovely PR65 Ultra Cameo example obviously escaped the hands of that careless clerk! Its impeccably preserved, brassy-gold surfaces exhibit amazing gold-on-black contrast. A well executed strike adds further appeal to its already outstanding beauty. Sure to please even the most discriminating connoisseur of proof gold coinage.(Registry values: P1) (NGC ID# 25EW, PCGS# 97636)

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