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7253

1886 $20 -- Altered Surfaces -- NCS. Proof....

2014 January 8 - 12 FUN US Coin Signature Auction - Orlando #1201

 
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Auction Ended On: Jan 10, 2014
Item Activity: 7 Internet/mail/phone bidders
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Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:
1886 Twenty, Proof
Extremely Low Total Mintage
1886 $20 -- Altered Surfaces -- NCS. Proof. Just 1,000 business strikes and 106 proofs were struck by the Philadelphia Mint in 1886, making this date one of the unquestioned keys in the series. Date collectors and proof specialists alike compete for the few remaining specimens. Estimates range from 20 to 25 proofs remaining -- a paltry number to satisfy the many collectors still searching for this rare-date twenty.

NCS correctly designated this coin as having altered surfaces. Areas of skillful enhancement possibly include polishing in the upper obverse fields and manipulation of the reverse lettering (which appears bright as opposed to the frosted look of other devices including the eagle, portrait, and obverse stars). Perhaps the work was done to minimize hairlining, which is evident on the lower obverse fields, portrait, and across the lower third of the reverse.
Still, this glittering proof is appealing and a viable choice for those who recognize the extreme rarity of the issue and the difficulty of acquiring an example.
From the collection of Donald E. Bently, sold for the benefit of the Bently Foundation.(Registry values: P4) (PCGS# 9102)

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