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Lot
6377

1889 $20 PR63 Cameo NGC. Ex: Bass Collection. Only 41 ...

2004 June Long Beach Signature Sale #349

 
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Auction Ended On: Jun 3, 2004
Item Activity: 7 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Important 1889 Double Eagle, Cameo Proof 63 NGC
1889 $20 PR63 Cameo NGC. Ex: Bass Collection. Only 41 proof Double Eagles were struck in 1889, and estimates of survivors vary from perhaps 12 pieces (Akers, 1981) to as many as 12-15 (Breen, 1988). Both Breen and Bowers (in the Eliasberg catalog) make a point of mentioning that of the few known survivors, quite a few are nicked or somehow damaged, and 2-3 pieces are impounded in museums, further reducing the number of collectible specimens.
This is a truly spectacular coin whose warm rose tinted surfaces are deeply mirrored in the fields and contrast sharply against the thick mint frost on the devices. There are a few hairlines scattered about in the fields and these hairlines keep this amazing coin from grading even higher. The pedigree of this important proof can be easily confirmed by noting a small toning spot between the tops of the 1 and 8 in the date. This is one of the finest proofs known of this Type Three issue. Population: 1 in 63, 3 finer (4/04).
From The Greenwich Collection, Part One.(#89105) (NGC ID# 26EA, PCGS# 89105)

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