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Lot
7099

1875 20C PR65 Cameo PCGS. CAC....

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

 
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Auction Ended On: Aug 12, 2011
Item Activity: 9 Internet/mail/phone bidders
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Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
1875 PR65 Cameo Twenty Cent
Starkly Contrasted First-Year Proof
1875 20C PR65 Cameo PCGS. CAC. While a complete set of twenty cent pieces would be nearly impossible for a collector given the rarity of the 1876-CC, it would be a reasonable and fulfilling feat to assemble all four proof issues in the series. At the time of issue, the general public could see that the new denomination was unnecessary, and after only two years business strike production ceased. The Mint, however, continued to strike proofs at Philadelphia in 1877 and 1878 to satisfy collector demand.
The first issue in the series, the 1875, is fairly available with a proof mintage of 2,790 specimens, but examples with a Cameo finish are actually quite scarce. In PR65 Cameo PCGS reports just five proofs, and only two coins have been certified finer, both PR66 Cameo. It would be difficult to improve upon this Gem representative. The fields are deeply mirrored with sharply contrasting, frosted devices. As one would expect from a proof, the strike is fully detailed in all areas. Each side approaches brilliance with just a slight tinge of golden color present. Population: 5 in 65 Cameo, 2 finer (7/11).
From The Oliver Collection.(Registry values: N4719) (PCGS# 85303)

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