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Lot
6561

1891 $20

1999 February Long Beach Sale #197

 
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Auction Ended On: Feb 12, 1999
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Location: Long Beach, CA
Description:
Spectacular Cameo Proof 1891 Double Eagle
1891 PR 64 PCGS. The 1891 double eagle from Philadelphia has the unusual distinction of being extremely rare both as a business strike and as a proof. Only 1,390 business strikes were produced with perhaps 12 or so known today, while 52 proofs were minted with 15-18 pieces believed extant.
This is a spectacular proof gold coin. The fields have an illimitible depth of mirrored reflectivity and they go "black" as the coin is tilted slightly. The devices are heavily frosted, and the resultant contrast is extreme. There are a few stray hairlines in the fields, but these are totally consistent with the grade and do little to detract from the overall eye appeal of this lovely coin. An important coin for the double eagle collector or rare gold specialist. Population: 2 in 64, only 2 are finer (11/98). (NGC ID# 26EC, PCGS# 9107)

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