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LOT #13932  | 
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1877 G$1 PR65 NGC....

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Sold on Sep 9, 2016 for:
$32,900.00 Bid Source: HA.com/Live bidder
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Description

1877 Gold Dollar, Reflective PR65
Elusive in All Grades

1877 G$1 PR65 NGC. This Gem proof 1877 gold dollar is certified in an old-style NGC "no line fatty" holder. A perceptible orange-peel effect due to improper die annealing appears on both sides, and a loupe reveals some small dotlike planchet impressions of little significance on the portrait of Liberty. Both the proof and circulation-strike issues of this evocative date were produced in limited numbers, 20 of the former and 3,900 of the latter. This coin's yellow-orange fields sparkle with reflectivity and contrast nicely against the deeper reddish-orange, frosted devices on each side, producing an appealing degree of cameo contrast.

As one might expect from an issue of only 20 proof coins (and a denomination whose proof examples were often subjected to multiple indignities including frequent mounting as jewelry or being spent outright during hard times), Gem survivors of the 1877 are quite rare: NGC and PCGS currently report only a single PR65 each (7/16). Several other examples are certified in the Cameo or Deep/Ultra Cameo grades, but the population data are clearly riddled with duplications.
From The Twelve Oaks Collection.(Registry values: P6)

Coin Index Numbers: (NGC ID# 25EL, PCGS# 7627, Greysheet# 8169)

Weight: 1.67 grams

Metal: 90% Gold, 10% Copper

View Certification Details from NGC

Auction Info

2016 September 9 - 12 The Twelve Oaks Collection Signature Auction #1244 (go to Auction Home page)
Auction Dates
September, 2016
9th-12th Friday-Monday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 1,011

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

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Sold on Sep 9, 2016 for: $32,900.00
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