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    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) (NGC ID# 25E4, PCGS# 87611)

    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
    February, 2009
    5th-8th Thursday-Sunday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 599

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