There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.

1892 $20 PR65 Deep Cameo PCGS. CAC....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Aug 12, 2011
Item Activity: 8 Internet/mail/phone bidders
1,155 page views
Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631


Lavishly Contrasted Proof 1892 Double Eagle
Gem Deep Cameo, Two Finer at PCGS
1892 $20 PR65 Deep Cameo PCGS. CAC. If proof gold is hot these days, proof Liberty Head double eagles are on fire. At Heritage we have had a happy wealth of high-grade proof double eagles in our recent Signature auctions, and the results have been gratifying for all concerned -- consignors and bidders. A PR65 Ultra Cameo NGC-CAC example of the 1892 double eagle that we offered in our FUN Signature (Heritage, 1/2011), lot 5295, brought $103,500, a nice price for a lovely Gem from the Henry Miller Collection that we described as having "frosty devices [that] create a stunning black-on-gold cameo flash." Five different bidders competed for the piece, and the price realized set a new record for a Gem-quality proof of the issue.
The 1892 double eagle is a rarity in both business-strike and proof format. Many of the Philadelphia Mint twenties from the 1880s and early 1890s were low-mintage issues, some of them fabulous rarities with memorably low production figures, such as the 1882 and 1885, at 571 and 751 business strikes, respectively. The emission of the 1892 business strikes was a meager 4,430 pieces, an effect of Treasury policy implemented in 1882 aimed at increasing the circulation of lower-denomination half eagles and eagles. The 1892 business strikes saw a complement of 93 recorded proofs, but it is a good bet that many were melted as unsold at year-end, a common Mint practice of the day. The experts at PCGS estimate that perhaps 24 to 28 coins survive today, a figure that aligns with the paucity of our auction offerings of this date, particularly with the Ultra Cameo or Deep Cameo designation.
That brings us to the present coin, an amazingly deep-contrasted proof with profoundly "black" fields and lavishly frosted devices. The surfaces are fully struck throughout and demonstrate under a loupe the faint orange-peel effect often seen on proof gold of the era. The only mentionable pedigree markers are a couple of small, curved lint marks, one one to the upper right of the 2 in the date and the other below star 13. This is another nice piece that should certainly fan the flames again when it crosses the auction block. Population: 2 in 65 Deep Cameo, 2 finer (6/11).(Registry values: P2) (NGC ID# 26ED, PCGS# 99108)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
or Join (free & quick)
Price Guide
or Join (free & quick)
Population Guide
or Join (free & quick)
Find Auction Prices for Comparable Items:

Sign-in or Join (free & quick) to see the full image

Open For Bidding
Coming Soon
sold in the last year
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
Only 31 days left to consign to the 2015 September 16 - 21 US Coins Signature Auction - Long Beach!
Learn About Consigning With Us
The catalogs are beautifully done and are a very valuable instrument for keeping up with what is happening in the coin world.
F.I. ,
Twin Lake, MI receives more traffic than any other auction house website. To compare for yourself, visit:
2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach
2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach
REALIZED $16,999,788
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,505,243
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191
You could win!
Take the Survey