Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

Extremely Rare 1897 Proof Twenty
PR64
Cameo

1897 $20 PR64 Cameo NGC. From a tiny proof mintage of only 86 pieces, the 1897 proof double eagle is one of the rarest issues from the turn-of-the-century era. Hard times in the financial sector, that began with the Panic of 1893, were still hanging on and probably limited the number of proof sets ordered by collectors. In the Encyclopedia of U.S. Gold Coins 1795-1933, Jeff Garrett and Ron Guth had this to say about the 1897 proof double eagle:

"Although the mintage of the 1897 issue is fewer than for the 1896 double eagle in Proof, the date is considerably rarer. There are just 20-25 coins known in all grades. The population numbers are higher, but these do not take into account resubmissions. There are also several mishandled examples represented on the population reports. After 1897, Proof double eagles become much more available. The 1897 issue is underrated."

A search of auction records reveals only two prior appearances of 1897 proof Cameo double eagles at Heritage since 1990. NGC has graded only six 1897 double eagles in the PR64 Cameo category, and three finer; while PCGS has certified four example at this level, with one finer (2/09). Of course, these figures may include resubmissions.
The present coin is a visual treat, with bright yellow-gold surfaces and thick mint frost on the devices. The fields display the distinctive "orange peel" quality that is characteristic of proofs of the late 19th century. Only a few light field marks keep this specimen out of the Gem category. Overall eye appeal is outstanding on this rare numismatic treasure.(Registry values: P2) (NGC ID# 26EJ, PCGS# 89113)

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

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
March, 2009
28th-31st
Internet/Mail/Phone Bidders: 10
Members Tracking: N/A
Page Views: 1,145

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

945,308
bidder-members
$891,451,904
sold in the last year

Join Now - It's Free

VIEW BENEFITS
  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
    winnings 

Consignments wanted

Only 40 days left to consign to the 2015 December 10 - 12 World Coins Signature Auction - Hong Kong!

Learn about consigning with us

It is with a sense of tremendous gratitude that I wish to convey my sincere appreciation to you for the manner in which you managed the recent sale of my currency collection.
Thomas Flynn,
Scottsdale, AZ
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
REALIZED $34,887,709
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
REALIZED $9,688,775
2015 August 13 ANA Currency Platinum Night Auction - Chicago
2015 August 13 ANA Currency Platinum Night Auction - Chicago
REALIZED $1,870,380

© 2015 Heritage Auctions | All Rights Reserved