1904 $20 PR65 Ultra Cameo NGC....
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|Auction Ended On:||Mar 7, 2008|
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Phoenix Convention Center
Lot Viewing: Room 106B
Auction: Room 106A
PR65 Ultra Cameo
The current offering is anything but common. In fact, this specimen is the only example of the proof 1904 double eagle to be graded as Ultra Cameo by NGC, at any grade level. Furthermore, none have been designated as Deep Cameo at PCGS (as of January 2008).
The rarity of deeply prooflike examples is not surprising, considering that this issue was produced in a brilliant format that did not tend to impart a deep mirror finish to the fields, with contrasting frosted devices that allow for a noticeable cameo effect. It seems possible, and indeed likely, that this gorgeous Gem was one of the first pieces (perhaps the very first) of the entire issue to be struck, although this hypothesis is one that cannot be proven.
Fully struck, with crisp definition throughout, and marvelous overall quality that also includes virtually immaculate preservation of the delicate surfaces. Large gold coins are notoriously difficult to keep in pristine condition, but this piece has obviously been handled with great care ever since being struck at the Philadelphia Mint, more than 100 years ago. The Ultra Cameo effect on both sides is indeed dramatic, and helps to ensure the compelling visual appeal of this conditionally unmatched specimen. A great coin that is certain to generate considerable excitement when it crosses the auction block. Census: 1 in 65 Ultra Cameo, 0 finer (1/08).
From The Ultra Collection.(Registry values: P2) (PCGS# 99120)
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