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1864 G$1 PR66 Deep Cameo PCGS. CAC....
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Sold on Jan 5, 2017 for:
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Description
1864 Gold Dollar, PR66 Deep Cameo
A Condition Census Rarity
Fewer Than 22 Pieces Known
1864 G$1 PR66 Deep Cameo PCGS. CAC. In their gold coin
Encyclopedia, Garrett and Guth write of the 1864 proof: "The
actual survival figure for the issue is probably under 20 coins."
PCGS estimated a population of 17 to 22 pieces. In any respect, the
proof 1864 gold dollar is extremely rare in any grade, with less
than half of the 50-coin mintage known today. In fact, researchers
have suggested that as many as 20 pieces may never have been
distributed to collectors but were destroyed at the Mint. In the
1860s, the Mint would strike proofs in advance of sales,
anticipating demand. In many cases, leftover proofs were destroyed
or possibly paid out into circulation. Today, two examples are off
of the market in the Smithsonian Institution, making the
acquisition of a piece even more difficult.Our Permanent Auction Archives show only nine previous appearances of an 1864 proof gold dollar. The finest coin therein was actually the present example in an earlier offering; graded PR66 Ultra Cameo NGC, this piece realized $32,200 in our October 2011 Pittsburgh Signature sale. Now crossed to PCGS, it remains among the finest proof 1864 gold dollars known and is plated on the PCGS CoinFacts website. Both sides are intensely contrasted, the reverse almost impeccably black and gold. The frosty zones are a pale yellow lighter than canary. The best pedigree markers are a pair of curving lint marks on the obverse under the portrait. Still the finest example that we have handled.
Ex: Pittsburgh Signature (Heritage, 10/2011), lot 4625.
From The Dale Friend Collection of 1864 Proof Coinage.(Registry values: P5)
Coin Index Numbers: (NGC ID# 25E7, PCGS# 97614, Greysheet# 8132)
Metal: 90% Gold, 10% Copper
Weight: 1.70 grams
AGW: 0.05oz
View all of [The Dale Friend Collection of 1864 Proof Coinage ]
Auction Info
2017 January 4 - 9 FUN US Coins Signature Auction - Fort Lauderdale #1251 (go to Auction Home page)
Auction Dates
January, 2017
4th-9th
Wednesday-Monday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 940
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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