1874 G$1, CAM PR(PCGS#87624)

The Summer 2022 Global Showcase Auction U.S. Coins

拍卖行

Stack's Bowers

批号

7124

等级

PR66CAM

价格

148,926

详细说明

Tied for Finest Certified Proof 1874 Gold Dollar Exceptionally Rare 1874 Gold Dollar. JD-1. Rarity-7-. Proof-66 Cameo (NGC). Offered is the single finest certified survivor of one of the rarest, most underrated issues in the Proof gold dollar series. A delightful premium Gem, both sides are boldly cameoed in finish with frosty motifs set against a backdrop of watery reflectivity in the fields. The entire package exhibits a dusting of pale silvery iridescence to dominant color in deep reddish-honey. Fully struck, as befits the method of manufacture, the absence of most of the word LIBERTY on the headband is a function of how the Mint prepared this particular obverse die. There are no post-production blemishes to report, tiny strike throughs (as made) behind Liberty's mouth and at the rear of the neck mentioned solely as identifying features. An exquisite specimen that would serve as a centerpiece in even the finest gold cabinet. The reported mintage for the Proof 1874 gold dollar is just 20 pieces, all of which were delivered on February 14. Remarkably, three (!) die pairings have been confirmed among the survivors. Writing in the outstanding 2018 reference United States Proof Coins, John W. Dannreuther asserts that either the Mint struck Proofs of this issue on two or three separate occasions during the first quarter of the year, or the reported mintage is incorrect and additional pieces were struck after February 14. In either case, this is an underrated issue in today's market that Dannreuther ranks alongside the 1873 as one "of the rarest Proof gold dollars." The author estimates that only 10 to 16 specimens are extant, most of which are from the JD-1 die pairing, as here. Only two survivors of the issue have been certified finer than Proof-65 by PCGS and NGC combined, both Proof-66 Cameo specimens listed at the latter service. One is the offered coin, the other is ex Superior's August 2006 sale of the Good River Collection II. The JD-1 and JD-2 attributions of this issue share the same obverse die, identifiable by the incomplete word LIBERTY on the headband with only the letter L discernible and the I faint. On the reverse of JD-1, used only in this pairing, the top of the right ribbon bow points to the right corner of the digit 7 in the date. NGC Census: 2; 0 finer in any category. There are no examples graded higher than Proof-65 by PCGS, again in any category. PCGS# 87624. NGC ID: 25EH. Click here for certification details from NGC. Click here to see Coins in Motion.[“Coins]