1874 G$1 PR65 PCGS....

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Sold on Feb 6, 2009 for:

$16,100.00 Bid Source: Internet bidder

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Description

Incredibly Rare Gem Proof 1874 Gold Dollar

1874 G$1 PR65 PCGS. The incredibly low proof production of this issue is only 20 coins, and 135 years later the 1874 gold dollar proof is rare in all grades. A quick check of our Permanent Auction Archives underscores just how elusive the issue truly is. It has been 13 years since we last offered a proof 1874 gold dollar, and the present Gem is the first time we have ever handled a PR65 since we began maintaining those archives. Indeed, this coin may be the first Gem offered at public auction since a Bowers and Merena auction in May 2000. Writing in 2006, Garrett and Guth noted that "only four coins have been offered at public auction in the last decade. Two of those auctioned off were in the fabulous Harry W. Bass Jr. Collection."
The present piece is a golden Gem, with bright yellow-gold fields and deeper orange devices, presenting an appealing contrast. Struck on a striated planchet, the surfaces are nearly flawless and, in fact, appear even finer than PR65. This piece is the only Gem specimen of the issue certified at PCGS, and there are none finer (12/08). There are four PR64 pieces, including one each in PR64 Cameo and PR64 Deep Cameo.(Registry values: P8)

Coin Index Numbers: (NGC ID# 25EH, PCGS# 7624, Greysheet# 8160)

Weight: 1.67 grams

Metal: 90% Gold, 10% Copper

View Certification Details from PCGS