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5286

1881 $20 PR63 Ultra Cameo NGC....

2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151

 
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Offers to date: $50,000 on August 18, 2013
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Auction Ended On: Jan 6, 2011
Item Activity: 8 Internet/mail/phone bidders
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Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:

Impressive 1881 Liberty Twenty
PR63 Ultra Cameo
1881 $20 PR63 Ultra Cameo NGC. One of the great rarities in the Liberty double eagle series is the 1881, rare in business strike and proof format. The Philadelphia Mint, like all of the Mints, was busy producing Morgan silver dollars at the time, and all other denominations took a back seat. Throughout the year, just 2,199 business strike double eagles and 61 proofs were minted. In all grades, NGC and PCGS have certified just 43 business strikes and 20 proofs, both figures including resubmissions.
Today, about two dozen of the 1881 proof double eagles survive, including two in the Smithsonian Institution and one in the ANS. Other pieces include two coins from the Bass Collection, the Eliasberg coin, the Trompeter example, and the Garrett specimen. A few others have survived over the years, such as this coin with an unidentified provenance.
Both sides are highly attractive. All of the individual design elements, including the central motifs and peripheral details, and boldly defined. The devices are fully lustrous in frosty light yellow-gold, framed by deeply mirrored fields. Minor contact marks on each side are fully consistent with the grade. Minor hairlines on each side are only visible with a glass. This impressive piece will easily capture the attention of the advanced gold type collector or the double eagle specialist. Census: 2 in 63 Ultra Cameo, 3 finer (11/10).
From The Las Vegas Collection, Part Two.(Registry values: P4) (NGC ID# 2600, PCGS# 99097)

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