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Lot
7590

1884 $20 PR63 PCGS. In the decade of the 1880s, there are ...

2004 January Long Beach Signature Sale #342

 
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Auction Ended On: Jan 30, 2004
Item Activity: 13 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Very Rare and Seldom Offered 1884 Double Eagle, PR63, A Proof-Only Date With Only 71 Pieces Minted
1884 $20 PR63 PCGS. In the decade of the 1880s, there are three dates that are proof-only, 1883, 1884, and 1887. Of the three, the 1884 is the scarcest. It is, in fact, the rarest regular issue Liberty Head double eagle, if one discounts the 1861 Paquet. Only 71 proofs were struck, and the survival rate is lower than for other proofs from this same era. Breen believed that 16-20 pieces were known of this date, but based on the number of auction appearances for this date over the past ten years we believe that perhaps no more than 12-15 pieces may exist today. The surfaces have a rich golden-orange coloration and the fields are deeply mirrored with the orange-peel texture that is often seen on proofs from this era. The devices also display a light bit of frost, however, this has gone unrecognized as a cameo coin by PCGS. A few light hairlines and contact marks account for the grade, but this piece has a considerable amount of eye appeal for the grade. Population: 2 in 63, 4 finer (10/03).
From a Magnificent Collection of Double Eagles. (#9100) (Registry values: P9) (PCGS# 9100)

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