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    Description

    Well-Contrasted 1895 Double Eagle, PR65 Cameo

    1895 $20 PR65 Cameo NGC. The proof mintage of the 1895 Liberty Head double eagles was a meager 51 pieces, so we are surprised to read in the second edition of the Garrett-Guth Gold Encyclopedia:

    "The Proof 1895 double eagle is another issue that is surprisingly difficult to locate. Very few examples have been offered for sale in recent decades. The population numbers are at a moderate level, but they do not take into account multiple resubmissions. There are also a few impaired examples in the numbers."


    In fact, it would surprise us if the issue were easy to locate. Undoubtedly many examples have been lost to attrition, whether it be melting as unsold at the Mint (a common practice of the time, but one where the melted pieces went reported nonetheless), being spent during World Wars or the Great Depression, or simply through careless handling or being carried as a pocket piece. The Breen Proof Encyclopedia puts the gold double eagle in the same class as the gold eagle, estimating perhaps 25-35 survivors of each.
    The combined NGC/PCGS population data show 34 specimens in non-Cameo, Cameo, and Deep/Ultra Cameo, with duplications certain, so the Breen estimate appears to be correct, although at the lower end of the range. The PCGS CoinFacts website pegs the survival at 22 pieces, including certified and raw pieces.
    The present Gem Cameo example offers yellow-gold surfaces that display a slight, even layer of pale reddish color. The surfaces are deeply mirrored and noticeably contrasted. The only mentionable contact is a few tiny diagonal marks that angle up and to the right from the top of the 9. Census: 3 in 65 Cameo, 0 finer (12/11).
    From The Aspen Collection of Proof Coinage.(Registry values: P2) (NGC ID# 26EG, PCGS# 89111)

    Weight: 33.44 grams

    Metal: 90% Gold, 10% Copper


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

    View all of [The Aspen Collection of Proof Coinage ]

    Auction Info

    Auction Dates
    February, 2012
    2nd-5th Thursday-Sunday
    Bids + Registered Phone Bidders: 19
    Lot Tracking Activity: N/A
    Page Views: 3,275

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