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Lot
33326

1877 20C PR66 Cameo NGC. CAC....

2013 November 15 - 16 Selections from the Eric P. Newman Collection Part II Signature Auction - New York #1190

 
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Auction Ended On: Nov 15, 2013
Item Activity: 10 Internet/mail/phone bidders
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Location: Ukrainian Institute of America at The Fletcher-Sinclair Mansion
2 East 79th Street
New York, NY 10075

Description:
1877 Twenty Cent, PR66 Cameo
Top-Notch Survivor
1877 20C PR66 Cameo NGC. CAC. Ex: "Col." E.H.R. Green. The twenty cent series is one that was finished before it had scarcely begun, doomed to uselessness and commercial irrelevance, much like the Susan B. Anthony dollars a century later -- both were too easily confused with the quarter dollar. This PR66 Cameo example of the 1877 twenty cent piece is among the finest of the proof-only issues of 1877 and 1878 that would conclude the fated series. The 1877 saw a proof mintage of 510 pieces, but only 350 were actually distributed. A small circular area in the center of each side blends into deep purplish-blue fields and peripheries, with excellent field-device contrast and top-notch eye appeal. The strike is razor-sharp throughout. NGC has seen eight Cameo examples in PR66 with this piece the only Star-rated coin, and there are three PR67 Cameos finer (10/13).
Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $22.50; Eric P. Newman Numismatic Education Society.(Registry values: N4719) (PCGS# 85305)

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