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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)
Items being sold are from the extensive collection of Eric P. Newman Numismatic Education Society (a Missouri not-for-profit corporation) and have been assembled over a period of 90 years. Proceeds of the sale of all items will be used exclusively for supplementing the Society’s museum operations and scholarly numismatic research efforts and for the benefit of other not-for-profit institutions selected by Eric P. Newman Numismatic Education Society for public purposes.

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