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    Description

    Outstanding 1861 Gold Dollar
    PR66 Cameo

    1861 G$1 PR66 Cameo NGC. A total of 349 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 NGC/PCGS population data bear out the disparity between the recorded mintage and present-day rarity: There are only about 40 examples certified by the two services.
    The fields are deeply mirrored on this Premium Gem, with bright yellow-gold surfaces, no significant contact marks, and splendid contrast with the well-frosted devices. A decisive strike imparts exquisite definition to the design features, enhancing even more the coin's outstanding eye appeal. Census: 4 in 66 Cameo, 2 finer (3/09).(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
    Apr-May, 2009
    29th-3rd Wednesday-Sunday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 666

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