1887 $20 PR61 Cameo NGC. JD-1, High R.5....

Description

1887 Twenty Dollar, PR61 Cameo
Famous Proof-Only Rarity

1887 $20 PR61 Cameo NGC. JD-1, High R.5. The 1887 double eagles rank among the most elusive in the series, having been struck in proof format exclusively; no coins were made for circulation. As such, there were only 121 twenty dollar gold pieces manufactured for the entire year. According to John Dannreuther, merely 30 to 40 representatives are known.

This example exhibits pleasing orange-gold color and bold field-device contrast. The PR61 Cameo grade reflects the presence of small marks and hairlines. That includes an area at the upper obverse that appears to show evidence of an attempt to remove or minimize an inclusion. Regardless, eye appeal is good. A great opportunity to pick up this famously rare proof-only date.
From The Allan H. Goldman Collection, Part IV. (Registry values: P5)

Coin Index Numbers: (NGC ID# 26E8, PCGS# 89103, Greysheet# 10069)

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.

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