Elegant 1851 Dollar Restrike, PR66 Cameo
    The Finest Known Specimen

    1851 $1 Restrike PR66 Cameo NGC. Ex: P. Kaufman. The Phil Kaufman 1851 Restrike proof Cameo dollar is the finest of the 45 coins certified by NGC and PCGS, and one of just eight pieces given a Cameo designation. The Restrike silver dollars are sometimes referred to as the "Centered Date" dollars, compared to the higher date position of the Original strikes. It is generally thought that all 1851 Original dollars were produced as business strikes, while all 1851 Restrike dollars were coined as proofs.
    Relatively little is known about the origin of these restrikes. Some numismatists hold that Mint employees made them in the late 1850s for personal gain by satisfying collector demand. Another theory is that the Mint purposely made them to provide a trading stock with collectors for additions to its numismatic collection.
    Not only is the origin of the 1851 proof Restrike dollars controversial, but so are the mintage and survival estimates. Production estimates range from 30-100 pieces, while the number surviving ranges from fewer than 30 to 60 or more. Based on the certified population of 45 coins, some likely resubmissions or crossovers, and at least 60 or so auction appearances over the last 20 years, many likely duplicates, we put extant specimens in the 25-35 range. The following roster more or less reflects this estimate:

    1. PR66 Cameo NGC. The Kaufman piece. 1976 ANA Sale (Stack's, 8/1976), lot 1379; 1998 ANA Sale (Heritage, 8/1998), lot 8199.
    2. PR65 PCGS. Share (Sunshine) Collection (Superior, 9/2003), lot 2089; Rod Sweet Collection (Bowers and Merena, 7/2005), lot 1012.
    3. PR64 Cameo NGC. The Rarities Sale (Bowers and Merena, 8/1996), lot 228; Dr. Richard Ariagno Collection (Ira and Larry Goldberg, 6/1999), lot 416; Dallas Coin Auction (Heritage, 4/2007), lot 987. A lint mark at star 1 and a spot under F of OF and A of AMERICA are visible on the plates.
    4. PR63 NGC. The Worrell Collection (Superior, 9/1993), lot 1313.
    5. PR63 Deep Cameo PCGS. Central States Numismatic Society Sale (Heritage, 5/2005), lot 7368.
    6. PR63 Cameo PCGS. Charlotte National Money Show sale (Heritage, 3/2007), lot 948.
    7. PR62 PCGS. The Piedmont sale (Superior, 1/1996), lot 1569; Gainsborough Sale II (Superior, 2/1997), lot 1362. Catalogers say of 1997 appearance: "Previously in PCGS holder."
    8. PR62 PCGS. The Rarities Sale (Bowers and Merena (9/2002), lot 373. The obverse plate shows a stain-like spot above Liberty's foot.
    9. PR62 NGC. Richmond Collection II (David Lawrence Rare Coins, 11/2004), lot 1516; Central States Numismatic Society Sale (Heritage, 5/2005), lot 7637.
    10. PR62 PCGS. The Bunting Collection (Stack's, 10/2007), lot 5256. The obverse plate shows a spot between 1 and 8 at top, and another to the left of star 2 (these are also mentioned by the catalogers).

    Additional Appearances
    A. Choice Brilliant Proof. James A. Stack, Sr. Collection (Stack's, 3/1995), lot 188; David Queller Family Collection (Stack's, 3/1997), lot 681.
    B. Choice Brilliant Proof. The L.K. Rudolf Collection (Stack's, 5/2003), lot 2110.
    C. PR63. The Norweb Collection (Bowers and Merena, 11/1988), lot 3798.
    D. Brilliant Proof 63. Dr. Jack A. Adams Collection (Superior, 5/1992), lot 2140.
    E. PR63 PCGS. Kenneth C. Long Collection (Bowers and Merena, 5/1995), lot 1223.
    F. PR63 PCGS. The Rarities Sale (Bowers and Merena, 7/2005), lot 703.
    G. PR63 PCGS. The Glode M. Requa Collection (American Numismatic Rarities, 9/2006), lot 445.
    H. PR60. The Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 4/1997), lot 2219.

    Elegant cameo contrast on Kaufman's Premium Gem jumps out at the viewer, regardless of the angle of observation. The mélange of delicate cobalt-blue, lavender, and champagne-gold patina in the fields fails to diminish either their reflectivity or their elegant cameo contrast. Light gold central devices serve to heighten even more the field-motif variance, enhancing the already stunning eye appeal. A well executed strike sharpens the design elements, save for minor softness on the centrils of the upper two stars. Finally, impeccably preserved surfaces leave little in the way of pedigree identifiers. Only an inoffensive spot beneath the ER of AMERICA and another under RI provide minimal help in this regard.
    From The Phil Kaufman Collection of Early Seated Proof Sets, Part Three. (NGC ID# CPUT, PCGS# 86993)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper

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

    View all of [The Phil Kaufman Collection of Early Seated Proof Sets, Part Three ]

    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    April, 2008
    16th-19th Wednesday-Saturday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
    Page Views: 3,105

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 27 days left to consign to the 2018 February 21 - 26 LB Expo US Coins Signature Auction - Long Beach!

    Learn about consigning with us

    I wish to extend our appreciation to you for over $925,000.00 realized from the above subject auction. This amount realized was approximately $110,000.00 more than we anticipated.
    Federal Deposit Insurance Corporation,
    Newport Beach, CA
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 December 7 - 10 US Coins Signature Auction - Dallas
    2017 December 7 - 10 US Coins Signature Auction - Dallas
    REALIZED SO FAR $6,928,369
    2017 December 7 - 8 HKINF World Coins & Ancient Coins Signature Auction - Hong Kong
    2017 December 7 - 8 HKINF World Coins & Ancient Coins Signature Auction - Hong Kong
    REALIZED SO FAR $4,481,662
    2017 December 6 - 8 HKINF World Currency Signature Auction - Hong Kong
    2017 December 6 - 8 HKINF World Currency Signature Auction - Hong Kong
    REALIZED SO FAR $1,011,463