LOT #2394 |
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1861 G$1 PR66 Cameo NGC....
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Sold on Feb 6, 2009 for:
$16,100.00
Bid Source: Live: Floor bidder
Description
Condition Census 1861 Gold Dollar
PR66 Cameo
1861 G$1 PR66 Cameo NGC. A total of 361 proof coins are
recorded for the 1861 gold dollar production, an enormous quantity
in context of the time and series. The 1862 had a nominal--yet
typical--proof emission of 35 pieces. Garrett and Guth comment that
both proof dollars are about equally rare, concluding that the vast
majority of 1861s must have been subsequently melted. Could there
have been an anticipated demand for first-year Civil War gold
dollar proofs that failed to materialize? Breen's Proof
Encyclopedia gives the mintage at 349, but other than noting
"very rare, less than 20 now being traced, including the
[Smithsonian] and ANS coins" provides no other clues.The combined population data bear out the disparity between the recorded mintage and present-day rarity: There are only three dozen examples certified at NGC and PCGS combined, less duplications. The date is low in the field. The surfaces are deeply mirrored on this piece, with bright yellow-gold surfaces, no significant contact marks, and splendid contrast with the well-frosted devices. The sharp strike is icing on the cake. Census: 4 in 66 Cameo, 1 finer (1/09). The finest at PCGS are a couple of PR65 Cameos.(Registry values: P4)
Coin Index Numbers: (NGC ID# 25E4, PCGS# 87611, Greysheet# 8122)
Weight: 1.70 grams
Metal: 90% Gold, 10% Copper
Auction Info
2009 February Long Beach, CA Signature US Coin Auction #1122 (go to Auction Home page)
Auction Dates
February, 2009
5th-8th
Thursday-Sunday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 704
Buyer's Premium per Lot:
15% of the successful bid per lot.
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