LOT #4405 |
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1882 $20 PR65 Ultra Cameo NGC....
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Sold on Jan 7, 2015 for:
$176,250.00
Bid Source: Internet bidder
Description
1882 Liberty Double Eagle, PR65 Ultra Cameo
Rare Date in Proof or Business-Strike Format
One Finer Coin at NGC
1882 $20 PR65 Ultra Cameo NGC. The 1882 double eagle proofs
have a long collector history -- far longer, in fact, than that of
the low-mintage business strikes which are now more famous. As Q.
David Bowers explains in A Guide Book of Double Eagle
Gold Coins, the business strike issue experienced collector
neglect, while proofs were paid much more attention:"The 1882 double eagle registered one of the lowest circulation strike figures for any American gold coin. So far as is known, all went into circulation, and not a single coin was saved at the time by a numismatist. The latter bought Proofs. Today, anyone seeking a high grade coin is apt to buy one of the Proofs that occasionally come on the market. Mint State coins are next to impossible to find."
This is why, among other telling signs, the Smithsonian's National Numismatic Collection has two of the reported 59 proof examples struck, but none of the 571 circulation-finish pieces; the major gold donations to the NNC came from collectors who favored the proof over the business strike, more than 50 years after the coins' release. Today's numismatists, of course, can appreciate the 1882 double eagle on a variety of levels, including as one of the many tough dates in the proof double eagle series.
This is an enchanting example with a light layer of patina over much of the yellow-orange obverse and parts of the reverse. Each side offers distinct and appealing contrast with suggestions of orange-peel texture, and while the fields show a few minor disturbances, the overall eye appeal is impressive. A gorgeous and highly desirable survivor. Census: 2 in 65, 1 finer (11/14).(Registry values: P4)
Coin Index Numbers: (NGC ID# 26E3, PCGS# 99098, Greysheet# 10055)
Weight: 33.44 grams
Metal: 90% Gold, 10% Copper
Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.
Auction Info
2015 January 7 - 12 FUN US Coins Signature Auction - Orlando #1216 (go to Auction Home page)
Auction Dates
January, 2015
7th-12th
Wednesday-Monday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 1,607
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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