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    Description

    1862 Gold Dollar, PR64 Deep Cameo
    Only 35 Pieces Struck

    1862 G$1 PR64 Deep Cameo PCGS Secure. CAC. Collector demand for proof coins was at a low ebb in 1862, due to the financial stresses and uncertainties of the Civil War. Accordingly, only 35 proof gold dollars were struck in 1862, all delivered on February 16. It is likely that some of those coins were never distributed, with the unsold specimens melted after the end of the year. Q. David Bowers estimates the surviving population at 18-22 examples in all grades today. Proof diagnostics include incomplete detail on the leftmost feather in the headdress and an unpolished area inside the O in DOLLAR. Both of these features are evident on the coin offered here.

    The present coin is an attractive Choice proof, with sharply detailed, frosty design elements that contrast dramatically with the deeply reflective field to produce a stunning cameo effect. The well-preserved yellow-gold surfaces are free of mentionable flaws, but do show many parallel die striations in the reverse field. Overall eye appeal is terrific. Population: 2 in 64 Deep Cameo, 5 finer. CAC: 2 in 64, 3 finer (11/18).(Registry values: P5) (NGC ID# 25E5, PCGS# 97612)

    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, 2019
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 198

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    The pre-sale publicity was more than I imagined, and the actual catalog better than I had expected - and my expectations were high!
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