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    Description

    1876 Gold Dollar, PR67 Deep Cameo
    Starkly Contrasted Example

    1876 G$1 PR67 Deep Cameo PCGS. Ex: Simpson. The 1876 gold dollar had a "high" mintage of proofs, if 45 pieces can be considered a high number. Surrounding years typically are in the range of 25-30 pieces. Looking backward one has to go to 1864 to find a comparable mintage (50 proofs), and going forward a higher mintage wasn't achieved until 1881 (87 proofs). Apparently Mint personnel anticipated a larger than normal demand for collectible coinage because of Centennial year celebrations. Combining the population events for both of the major services of non-Cameo, Cameo, and Deep/Ultra Cameo the total is 33 pieces. Factoring out resubmissions the actual number of 1876 proofs known is probably in the range of 22-25 individual coins.
    The fields and devices show stark contrast on each side with even, rich, reddish-gold color, giving the coin a well-balanced appearance. The fields display a moderate orange-peel effect, which is common to many proof gold coins from the 1860s until the turn of the century. This effect is believed to be from annealing planchets in an oven that had previously been heated at a higher temperature for less malleable metals. The dies were heavily polished, as can be seen by evidence of die polish in the feathers of the headdress and the letters of LIBERTY. While Breen states "Proofs have die file mark through base of A toward M" we do not see evidence of this here. On a previously offered 1876 proof gold dollar we noted it was very faint. It is possible this is not a hard and fast diagnostic, and may have diminished with successive strikes.
    From The Bob Simpson Collection.(Registry values: P4) (NGC ID# 25EK, PCGS# 97626)

    Weight: 1.70 grams

    Metal: 90% Gold, 10% Copper


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

    View all of [Selections from The Bob Simpson Collection ]

    Auction Info

    Auction Dates
    August, 2010
    11th-15th Wednesday-Sunday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 1,333

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