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    Description

    1898 Liberty Double Eagle, PR65
    High-Quality Ultra Cameo Specimen
    35-50 Pieces Extant

    1898 $20 PR65 Ultra Cameo NGC. JD-1. A nominal mintage of 75 proof Liberty double eagles was achieved in 1898, with the coins delivered quarterly in batches of 20, 20, 10, and 25 pieces. The issue has a good survival rate and John Dannreuther estimates the surviving population at 35 to 50 examples in all grades. Unfortunately, the population data has been skewed by resubmissions and crossovers, as the two leading grading services currently list 80 certification events between them, five more than the number of coins struck (7/19). Two coins are included in the National Numismatic Collection at the Smithsonian Institution and a third specimen resides in the collection of the American Numismatic Society.

    A single pair of dies was used to strike all the proofs in 1898. The obverse die is known in a single die state that shows few distinct markers, but the bridge of the nose is heavily polished on all examples seen. The reverse is known in two die states that both display a notch on the uppermost part of the last tail feather. The later die state (b) shows die polish in the scroll at E PLU(RIBUS). The coin offered here is Dannreuther Die State a/a, with no polish on the motto.

    The present coin is a delightful Gem proof, with fully struck design elements that display a rich coat of mint frost. The well-preserved lemon-yellow surfaces exhibit the orange-peel texture of the finest 19th century proofs, with deeply mirrored fields that contrast profoundly with the frosty devices. A dramatic gold-on-black cameo flash occurs when this coin is tilted in the light. Only a few minor hairlines prevent an even higher grade. Overall eye appeal is terrific. Census: 2 in 65 Ultra Cameo, 7 finer (7/19).
    From The Joan Zieg Steinbrenner Collection. (Registry values: P2) (NGC ID# 26EK, PCGS# 99114)

    Weight: 33.44 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Joan Zieg Steinbrenner Collection ]

    Auction Info

    Auction Dates
    August, 2019
    14th-18th Wednesday-Sunday
    Bids + Registered Phone Bidders: 16
    Lot Tracking Activity: N/A
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