1895 $20 PR65 Deep Cameo PCGS. CAC. JD-1, R.6....

Description

1895 Liberty Double Eagle, PR65 Deep Cameo
Rare Proof Gold Issue
Only One Finer at PCGS

1895 $20 PR65 Deep Cameo PCGS. CAC. JD-1, R.6. According to Mint records, the Philadelphia Mint struck a modest production of 51 proof Liberty double eagles for collectors in 1895, to accompany a large business-strike mintage of more than 1.1 million pieces. The availability of circulation strike examples may have encouraged some original owners to spend their coins during the hard financial times of the era, when $20 represented a large amount of spending power. For whatever reason, the survival rate for the issue is unexpectedly low. PCGS CoinFacts estimates the surviving population at 20 to 24 examples in all grades, but John Dannreuther offers a more conservative estimate of just 16 to 20 specimens extant. PCGS and NGC have combined to certify a total of 33 coins between them, including an unknown number of resubmissions and crossovers (6/24). Four of the certified examples are impaired proofs. Two coins are included in the National Numismatic Collection at the Smithsonian Institution and another is preserved in the collection of the American Numismatic Society.

The present coin is a spectacular Gem proof that exhibits razor-sharp definition on all design elements. The impeccably preserved yellow-gold surfaces include deeply reflective fields that contrast profoundly with the richly frosted devices to produce a startling gold-on-black Deep Cameo flash when the coin is tilted in the light. Overall eye appeal is terrific and the high quality within the grade is confirmed by CAC. We expect intense competition from series specialists and Registry Set collectors alike when this coin crosses the auction block. This coin is pictured on PCGS CoinFacts. Population: 2 in 65 Deep Cameo, 1 finer. CAC: 2 in 65, 0 finer (6/24).(Registry values: P2)
From The Benedict Family Collection.

Coin Index Numbers: (NGC ID# 26EG, PCGS# 99111, Greysheet# 10094)

Weight: 33.44 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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