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    Description

    1858 Gold Dollar, PR65 Deep Cameo
    Among the Finest Certified

    1858 G$1 PR65 Deep Cameo PCGS. CAC. The Philadelphia Mint began commercial offerings of proof sets in 1858, and the program was an immediate success. Experts estimate perhaps 25-40 proof gold dollars were struck in 1858, with 15-20 examples surviving today in all grades. Examples with Deep Cameo contrast are extremely rare. Currently, this coin is tied with one other specimen as the finest Deep Cameo certified at PCGS, while NGC has graded three coins in their corresponding grade of PR65 Ultra Cameo, also with none finer (11/10).
    The auction history of this issue began almost immediately, as collectors realized the coins were rare at an early date. Examples were appearing at least as early as 1865, when an example was offered in lot 2832 of the Sixth Semi-Annual Sale (Woodward, 3/1865), "1858 Dollar; brilliant proof." The coin sold to Heman Ely for $3, a good price for a coin that was only seven years old at the time. In more recent times, a search of auction records reveals only five appearances of Deep Cameo/Ultra Cameo 1858 gold dollars over the last decade. The NGC graded PR67 Ultra Cameo piece in the 74th Anniversary Sale (Stack's, 11/2009), lot 1778, realized $92,000.
    The present coin displays vivid greenish gold surfaces, with deeply mirrored liquid fields of unfathomable depth. The design elements are frosty, and sharply detailed throughout, setting up the profound cameo contrast. This coin possesses extraordinary eye appeal, and startling black-on-gold flash when tilted in the light. We expect intense competition from series enthusiasts and proof gold specialists when this lot is called.(Registry values: P5) (PCGS# 97608)

    Weight: 1.70 grams

    Metal: 90% Gold, 10% Copper


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

    Auction Info

    Auction Dates
    January, 2011
    5th-9th Wednesday-Sunday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 778

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